Remote Actuarial Analyst: Pricing & Modeling

Placements24; Mossel Bay; Hybrid; ZAR 520,000 - 860,000; Full time

Benefits offered by this job

Full medical aid

Pension fund

Study assistance

Job summary

Placements24 is seeking a highly analytical Remote Actuarial Analyst for a leading insurance company. You will analyze financial risks, price products, and support solvency assessments from a home office, leveraging Prophet, R, Python and advanced Excel.

You will develop models, perform experience studies, mentor junior staff, and present findings to management. A bachelor’s in actuarial science and progress toward actuarial exams plus at least four years of insurance experience are required.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
• Progress towards or completion of actuarial examinations (e.g., Actuarial Society of SA).
• Minimum of 4 years actuarial experience in insurance.
• Proficiency with actuarial modelling software (Prophet) and programming (R, Python).
• Strong analytical and communication skills.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and forecasting.
• Analyze insurance data to identify trends, assess risks, and evaluate profitability.
• Conduct experience studies and analyze loss development patterns.
• Assist in pricing new insurance products.
• Value liabilities and assess solvency requirements.
• Prepare reports and presentations for management and regulators.
• Collaborate with underwriting, claims, and finance for actuarial support.
• Stay updated with actuarial methods and best practices.
• Contribute to actuarial systems and process improvements.
• Mentor junior staff and provide technical guidance.

Skills

Analytical thinking

Statistical analysis

Communication skills

Remote work discipline

Project management

Education

Bachelor's degree in Actuarial Science/Math/Statistics

Progress towards actuarial examinations (e.g., ASISA)

Tools

Prophet

R

Python

Excel

Job description

Placements24 is seeking a highly analytical Remote Actuarial Analyst for a leading insurance company. You will analyze financial risks, price products, and support solvency assessments from a home office, leveraging Prophet, R, Python and advanced Excel.

You will develop models, perform experience studies, mentor junior staff, and present findings to management. A bachelor’s in actuarial science and progress toward actuarial exams plus at least four years of insurance experience are required.