Remote Insurance Actuarial Analyst

Placements24; Bloemfontein; Hybrid; ZAR 700,000 - 900,000; Full time

Benefits offered by this job

Fully remote work

Continued actuarial education support

Career advancement

Competitive benefits

Job summary

Placements24 is seeking a Remote Insurance Actuarial Analyst to support pricing, reserving and forecasting from Bloemfontein. You will develop and maintain actuarial models and collaborate with underwriting, product development and finance.

Requires at least 5 years’ experience, progress toward FSA/ACAS, proficiency in R, Python or SAS, and a bachelor’s degree in Actuarial Science or related field. This is a fully remote role.

Qualifications

• Minimum 5 years as an Actuarial Analyst in insurance.
• Progress towards or completion of actuarial exams (e.g., FSA, ACAS).
• Strong proficiency in statistical software and advanced modeling techniques.
• Excellent analytical, problem-solving, and quantitative skills.
• Strong communication and presentation abilities.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.
• Analyze statistical data to assess risk and determine premiums.
• Conduct profitability studies and provide insights into portfolio performance.
• Prepare actuarial reports and present findings to management and regulators.
• Collaborate with underwriting, product development, and finance teams.

Skills

Actuarial modelling

Statistical analysis

Communication

Presentation

Problem solving

Team collaboration

Education

Bachelor's degree in Actuarial Science or related field

Tools

R

Python

SAS

Job description

About the Role

Our client is seeking a highly skilled and motivated Remote Insurance Actuarial Analyst to join their dynamic team, supporting operations from Bloemfontein. This role is critical for developing and maintaining actuarial models used for pricing, reserving, and financial forecasting. You will leverage advanced statistical techniques and data analysis to assess risk and ensure the financial soundness of our client's insurance products. Working remotely, you will collaborate closely with various departments, contributing your expertise to inform strategic business decisions and maintain a competitive edge in the insurance market.

Key Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.
• Analyze statistical data to assess risk and determine appropriate insurance premiums.
• Conduct profitability studies and provide insights into portfolio performance.
• Prepare actuarial reports and present findings to management and regulatory bodies.
• Collaborate with underwriting, product development, and finance teams to support business objectives.
• Stay abreast of industry trends, regulatory changes, and new actuarial methodologies.

Requirements

• Minimum of 5 years of experience as an Actuarial Analyst in the insurance sector.
• Progress towards or completion of actuarial exams (e.g., FSA, ACAS).
• Strong proficiency in statistical software (e.g., R, Python, SAS) and advanced modeling techniques.
• Excellent analytical, problem-solving, and quantitative skills.
• Strong communication and presentation abilities to convey complex information clearly.
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.

Benefits

• Competitive annual salary and comprehensive benefits package.
• Fully remote work arrangement, providing excellent work-life balance.
• Support for continuing education and actuarial exam progression.
• Opportunities for career advancement within the actuarial department.
• A collaborative and innovative remote work environment.