Remote Actuarial Analyst (Special Projects)

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 420,000 - 660,000; Full time

Benefits offered by this job

Remote work

Health benefits

Study support for actuarial exams

Career growth opportunities

Collaborative remote team

Access to actuarial tech

Job summary

Placements24 presents a remote Actuarial Analyst role with a forward-thinking insurance client. You will develop and implement advanced models, analyze complex datasets, and provide strategic actuarial insights for pricing, reserving, risk and financial planning.

The role offers remote work from South Africa, a collaborative team, and opportunities to grow through actuarial exams and exposure to cutting-edge tools like R, Python, SAS and Prophet.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Progress towards or completion of actuarial exams (e.g., SOA/IFOA).
• Minimum 3 years of actuarial experience in the insurance industry.
• Proficiency in actuarial modeling software (R, Python, SAS, Prophet) and advanced Excel.

Responsibilities

• Develop, test, and implement actuarial models for pricing, reserving, and risk assessment.
• Analyze large datasets to identify trends, risks, and opportunities.
• Conduct financial projections and scenario analyses for special projects.
• Collaborate with product development, finance, and IT to provide actuarial expertise.
• Prepare clear and concise reports and presentations for stakeholders.
• Assist in the development and enhancement of actuarial software and tools.
• Stay abreast of emerging actuarial techniques, regulatory changes, and industry best practices.
• Support the valuation of liabilities and the assessment of capital requirements.
• Contribute to the innovation pipeline by exploring new modeling approaches and data sources.
• Ensure the accuracy and integrity of all actuarial calculations and documentation.

Skills

Actuarial modeling

Statistical analysis

Programming (R/Python)

Advanced Excel

Communication skills

Education

Actuarial Science degree

Tools

R

Python

SAS

Prophet

Job description

About the Role

Our client, a forward-thinking insurance company renowned for its innovation, is seeking a highly analytical and driven Remote Actuarial Analyst to join their specialized projects team. This fully remote role offers the flexibility to work from any location within South Africa while contributing to critical actuarial initiatives. You will be instrumental in developing and implementing advanced models, analyzing complex data sets, and providing strategic insights to support product development, risk management, and financial planning. The ideal candidate will possess a strong foundation in actuarial science, excellent quantitative skills, and a passion for tackling challenging, unique projects. This is a remarkable opportunity to grow your actuarial career in a remote-first, collaborative environment focused on innovation, based remotely from Richards Bay.

Key Responsibilities

• Develop, test, and implement sophisticated actuarial models for pricing, reserving, and risk assessment.
• Analyze large datasets to identify trends, risks, and opportunities.
• Conduct financial projections and scenario analyses for special projects.
• Collaborate with cross-functional teams, including product development, finance, and IT, to provide actuarial expertise.
• Prepare clear and concise reports and presentations to communicate complex findings to stakeholders.
• Assist in the development and enhancement of actuarial software and tools.
• Stay abreast of emerging actuarial techniques, regulatory changes, and industry best practices.
• Support the valuation of liabilities and the assessment of capital requirements.
• Contribute to the innovation pipeline by exploring new modeling approaches and data sources.
• Ensure the accuracy and integrity of all actuarial calculations and documentation.

Requirements

• A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative discipline.
• Progress towards or completion of actuarial exams (e.g., Society of Actuaries or Institute and Faculty of Actuaries).
• A minimum of 3 years of experience in actuarial roles within the insurance industry.
• Proficiency in actuarial modeling software (e.g., R, Python, SAS, Prophet) and advanced Excel skills.
• Strong analytical, problem-solving, and critical thinking abilities.
• Excellent written and verbal communication skills.
• Demonstrated ability to work independently and manage project timelines effectively in a remote setting.
• Experience with special projects or a proven aptitude for tackling non-standard actuarial challenges.
• Commitment to professional ethics and actuarial standards.
• Access to a reliable internet connection and a conducive remote work environment.

Benefits

• Competitive salary and remote work flexibility.
• Comprehensive health and wellness benefits.
• Generous study support for actuarial exams.
• Opportunities for professional growth and advancement in specialized areas.
• A collaborative and innovative remote team environment.
• Access to cutting-edge actuarial technology and resources.
• Contribution to exciting and impactful special projects.