Remote Senior Actuarial Analyst

Placements24; George; Hybrid; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Fully remote work

Bonus based on performance

Medical, dental, vision coverage

Pension scheme

Support for actuarial exam progression

Paid time off

Access to cutting-edge technology

Career advancement opportunities

Job summary

Placements24 is recruiting a Senior Actuarial Analyst for a fully remote position serving clients across South Africa. You will develop pricing, reserving, and financial models, analyze large datasets, and collaborate with underwriting, finance and product teams to drive strategic decisions.

The role requires 5+ years of actuarial experience in insurance, strong SQL-like skills in SAS/R/Python, and excellent communication. Remote work offers flexible hours and growth opportunities.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics or related quantitative field.
• Progress toward or completion of actuarial exams (FSA/ASA or equivalent).
• Minimum 5 years of relevant actuarial experience in the insurance industry.
• Proficiency in actuarial software (SAS, R, Python) and advanced spreadsheet skills.
• Excellent analytical, problem-solving and communication abilities.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.
• Analyze large datasets to identify trends, assess risks, and inform business strategy.
• Perform experience studies and profitability analyses to support product development and pricing decisions.
• Collaborate with underwriting, finance, and product management to provide actuarial expertise.
• Prepare clear actuarial reports and presentations for senior management and regulators.
• Ensure compliance with regulatory requirements and professional standards.
• Mentor and guide junior actuaries and analysts in a remote setting.
• Contribute to continuous improvement of actuarial methodologies and tools.
• Conduct sensitivity analyses and scenario testing for market conditions.
• Stay abreast of emerging trends in actuarial science and insurance.

Skills

Analytical thinking

Independent work

Communication skills

Education

Bachelor's degree in Actuarial Science/Math/Stats

Actuarial exams in progress (FSA/ASA)

Tools

SAS

R

Python

Excel

Job description

About the Role

Our client, a forward-thinking insurance firm, is looking for a highly skilled and analytical Senior Actuarial Analyst to join their fully remote team, serving clients across South Africa. This role is critical in driving strategic decision-making by providing expert insights into risk assessment, pricing, and reserving. As a remote-first organization, we leverage cutting-edge technology and foster a culture of trust and autonomy. The ideal candidate will be adept at complex data analysis, model development, and clear communication of findings to both technical and non-technical audiences. This is an exceptional opportunity to contribute to the financial health and strategic direction of a leading insurance provider from the comfort of your home office. Join a team that values innovation, collaboration, and professional excellence in a flexible, remote work setting.

Key Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.


• Analyze large datasets to identify trends, assess risks, and inform business strategy.


• Perform experience studies and profitability analyses to support product development and pricing decisions.


• Collaborate with various departments, including underwriting, finance, and product management, to provide actuarial expertise.


• Prepare clear and concise actuarial reports and presentations for senior management and regulatory bodies.


• Ensure compliance with all relevant regulatory requirements and professional standards.


• Mentor and guide junior actuaries and analysts, fostering a collaborative learning environment.


• Contribute to the continuous improvement of actuarial methodologies and tools.


• Conduct sensitivity analyses and scenario testing to understand the impact of various market conditions.


• Stay abreast of emerging trends and innovations in actuarial science and the insurance industry.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.


• Progress towards or completion of actuarial exams (e.g., FSA, ASA, or equivalent).


• Minimum of 5 years of relevant actuarial experience in the insurance industry.


• Strong proficiency in actuarial software (e.g., SAS, R, Python) and advanced spreadsheet skills.


• Demonstrated experience in pricing, reserving, or financial modeling.


• Excellent analytical, problem-solving, and critical-thinking abilities.


• Exceptional communication and presentation skills, with the ability to explain complex concepts clearly.


• Proven ability to work independently and manage multiple projects in a remote setting.


• Strong understanding of insurance products and regulations.


• A proactive approach to learning and professional development.

Benefits

• Fully remote work arrangement with flexible hours.


• Competitive salary and performance-based bonuses.


• Comprehensive medical, dental, and vision coverage.


• Generous pension scheme.


• Significant support for actuarial exam progression.


• Paid time off and holidays.


• Access to cutting-edge technology and professional development resources.


• Opportunities for career advancement in a growing company.