Remote Actuarial Analyst: Pricing, Reserving & Growth

Placements24

Durban

Hybrid

ZAR 480,000 - 600,000

Full time

8 days ago

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Benefits offered by this job

Remote work

Actuarial exam support

Competitive salary

Job summary

Placements24 in South Africa is seeking a Remote Actuarial Analyst to support pricing, reserving and product development for an insurance partner.

The role offers fully remote work from anywhere in SA and requires a degree in actuarial science or a related field, progress toward actuarial qualification, and strong Excel/data analysis skills. Exam support and a competitive salary are included.

Qualifications

Bachelor's degree in Actuarial Science, Mathematics, Statistics or related quantitative field.
Progress towards actuarial qualification (e.g., CT/SA) with the Actuarial Society of South Africa.
Strong analytical and problem-solving skills with excellent attention to detail.
Proficiency in Microsoft Excel; experience with R, Python or SAS is advantageous.
Excellent written and verbal communication; able to explain technical concepts to non-technical audiences.

Responsibilities

Assist in development and implementation of pricing models for insurance products.
Support reserving by performing calculations and analyzing historical data.
Conduct experience studies and analyze trends to inform actuarial assumptions.
Develop and maintain financial models for forecasting and solvency assessments.
Prepare reports for management explaining complex actuarial concepts clearly.
Collaborate with underwriting, finance, and product teams on projects.
Assist in regulatory reporting and compliance activities.
Participate in testing and validation of actuarial software and systems.
Stay updated on industry developments and actuarial best practices.
Undertake actuarial examinations towards achieving qualification.