Remote Life Insurance Actuarial Analyst

Placements24; Mossel Bay; Hybrid; ZAR 600,000 - 1,000,000; Full time

Benefits offered by this job

Competitive salary & bonuses

Remote-friendly benefits package

Actuarial exam sponsorship

Generous paid time off

Advanced actuarial software access

Global team collaboration

Remote-first work

Job summary

Placements24 is seeking a Remote Actuarial Analyst for our client, a life insurance leader. You will apply advanced mathematical methods to pricing, reserving, and forecasting across SA markets from anywhere in South Africa.

The role requires a degree in actuarial sciences or related field, progress toward several actuarial exams, and at least three years in life insurance modeling. Proficiency in Prophet, ALIS or Moses and Python/R/SQL is highly desirable.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or closely related field.
• Progress towards actuarial examinations (e.g., at least 3 exams) is essential.
• Minimum 3 years of life insurance experience with actuarial modelling exposure.

Responsibilities

• Develop, test, and implement actuarial models for pricing, reserving, and financial forecasting related to life insurance products.
• Analyze mortality data, lapse rates, and other relevant factors to inform product development and pricing strategies.
• Perform financial projections and sensitivity analyses to assess the impact of market conditions on profitability and solvency.
• Assist in regulatory filings and financial statements, ensuring compliance with actuarial standards.
• Collaborate with pricing, product development, and risk management teams to provide actuarial insights.
• Conduct research into new actuarial techniques, tools, and methodologies to enhance efficiency and accuracy.
• Support the valuation of liabilities and assessment of capital requirements for the life insurance portfolio.
• Communicate complex actuarial findings clearly to technical and non-technical stakeholders.
• Contribute to continuous improvement of actuarial processes and systems within a remote-first framework.

Skills

Analytical skills

Problem solving

Quantitative skills

Communication skills

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

Tools

Prophet

ALIS

Moses

Python

R

SQL

Job description

Placements24 is seeking a Remote Actuarial Analyst for our client, a life insurance leader. You will apply advanced mathematical methods to pricing, reserving, and forecasting across SA markets from anywhere in South Africa.

The role requires a degree in actuarial sciences or related field, progress toward several actuarial exams, and at least three years in life insurance modeling. Proficiency in Prophet, ALIS or Moses and Python/R/SQL is highly desirable.