Remote Senior Actuarial Analyst

Placements24; Gqeberha; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Remote work across SA

Exams sponsorship

Flexible hours

Competitive salary

Professional growth

Job summary

Placements24 is seeking a Senior Actuarial Analyst for a fully remote role across South Africa. You will lead development of pricing models, reserve assessments, and risk analyses, translating complex data into actionable insights for senior management.

The position requires 5-7 years in insurance/financial services, progress toward actuarial exams, strong proficiency in R/Python and Excel, and excellent communication.

Qualifications

• Bachelor's degree in Actuarial Science or related quantitative field.
• Progress towards or completion of actuarial examinations (e.g., ASISA, SOA, CAS).
• 5-7 years of experience in insurance or financial services.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and risk assessment.
• Analyze large datasets to identify trends, patterns, and potential risks.
• Conduct profitability studies and financial projections to support strategic planning.
• Collaborate with underwriting, product development, and finance to provide insights.
• Prepare reports and presentations on actuarial findings for senior management.
• Stay updated on actuarial standards, regulatory changes, and best practices.
• Mentor junior staff and contribute to professional development.
• Assist in developing new insurance products from an actuarial perspective.
• Perform ad-hoc analyses and projects as requested by management.
• Ensure accuracy and integrity of all actuarial calculations and data.

Skills

Actuarial modeling

R/Python statistical tools

Advanced Excel

Remote collaboration

Education

Bachelor's degree in Actuarial Science

Tools

R

Python

Excel

Job description

About the Role

Our client, a globally recognized leader in the **insurance** sector, is seeking a highly analytical and experienced Senior Actuarial Analyst to join their thriving team. This is a fully remote position, offering unparalleled flexibility to candidates across **South Africa**. You will play a critical role in analyzing complex data, developing pricing models, assessing financial risks, and contributing to strategic decision-making. This is an exceptional opportunity for a seasoned actuary to leverage their expertise in a remote-first environment, driving innovation and impacting the company's long-term success. Our client is committed to fostering a supportive virtual workplace where collaboration and professional growth are paramount. You will be instrumental in shaping the company's future through rigorous quantitative analysis and insightful recommendations. The role demands a strong understanding of actuarial principles, statistical modeling, and a passion for problem-solving within the dynamic **insurance** landscape. We are looking for a self-disciplined individual who can excel in a remote setting, manage their time effectively, and contribute to a high-performing virtual team. The focus will be on delivering precise and actionable insights.

Key Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and risk assessment.
• Analyze large datasets to identify trends, patterns, and potential risks impacting the business.
• Conduct profitability studies and perform financial projections to support strategic planning.
• Collaborate with cross-functional teams, including underwriting, product development, and finance, to provide actuarial insights.
• Prepare detailed reports and presentations on actuarial findings and recommendations for senior management.
• Stay abreast of evolving actuarial standards, regulatory changes, and industry best practices.
• Mentor and guide junior actuarial staff in their professional development.
• Assist in the development of new insurance products and features from an actuarial perspective.
• Perform ad-hoc analyses and projects as requested by management.
• Ensure the accuracy and integrity of all actuarial calculations and data used.

Requirements

• A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards or completion of actuarial examinations (e.g., Actuarial Society of South Africa, SOA, CAS).
• A minimum of 5-7 years of relevant experience in the **insurance** or financial services industry.
• Strong proficiency in actuarial software, statistical modeling tools (e.g., R, Python), and advanced Excel.
• Excellent analytical, quantitative, and problem-solving skills.
• Proven ability to manage complex projects and work independently in a remote setting.
• Strong communication and presentation skills, with the ability to explain technical concepts to non-technical audiences.
• Experience with data visualization tools is a plus.
• Must be highly organized, detail-oriented, and possess strong time management skills.
• Demonstrated ability to collaborate effectively in a virtual team environment.

Benefits

• Highly competitive salary package commensurate with experience.
• Generous performance-based bonus structure.
• Full sponsorship for actuarial examinations and continuing education.
• Comprehensive remote work setup support.
• Flexible working hours and a focus on work-life balance.
• Opportunity to work with a leading global **insurance** firm.
• Collaborative and supportive virtual team culture.
• Access to cutting-edge technology and analytic tools.