Remote Actuarial Analyst Life Insurance Pricing & Modeling

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 650,000 - 1,000,000; Full time

Benefits offered by this job

Remote-first work

Study leave for actuarial exams

Competitive salary package

Job summary

Placements24 presents an Actuarial Analyst role for a remote-first life insurance provider with ties to Richards Bay, KwaZulu-Natal. You will support development, pricing and valuation of life products while building and refining financial models.

The role requires a quantitative degree, progress toward actuarial exams, at least 3 years in life insurance, and strong modeling, communication and analytical skills using Prophet, R, Python and SQL.

Qualifications

• Bachelor's degree in a quantitative field and progress towards actuarial qualification.
• Minimum 3 years' experience in the life insurance industry.
• Proficiency in Prophet, R, Python and SQL for actuarial modeling.

Responsibilities

• Perform actuarial valuations, pricing and projections for life insurance products.
• Develop, test and maintain actuarial models using Prophet, R, Python.
• Analyze experience data, identify trends and support pricing strategies.
• Assist regulatory returns and financial reporting, and set assumptions.
• Prepare reports and collaborate with product development, finance and risk teams.

Skills

Analytical skills

Problem-solving

Quantitative skills

Education

Bachelor's degree in Actuarial Science / Mathematics / Statistics

Actuarial exam progression (ASSA exams)

Tools

Prophet

R

Python

SQL

Job description

Placements24 presents an Actuarial Analyst role for a remote-first life insurance provider with ties to Richards Bay, KwaZulu-Natal. You will support development, pricing and valuation of life products while building and refining financial models.

The role requires a quantitative degree, progress toward actuarial exams, at least 3 years in life insurance, and strong modeling, communication and analytical skills using Prophet, R, Python and SQL.