Remote Senior Actuarial Analyst

Placements24; Mtubatuba Local Municipality; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Health insurance

Retirement savings plan with company-m

Professional development budget for ex

Remote work culture with flexibleHours

Company laptop and software licenses

Paid time off and holidays

Employee assistance program

Job summary

Placements24 is seeking a Senior Actuarial Analyst for a fully remote role with a globally recognized insurance institution. You will lead advanced actuarial modeling, pricing, and reserving, leveraging data analysis to forecast outcomes and optimize solvency and profitability.

The ideal candidate has 5+ years in actuarial roles, strong software skills (Prophet, R, Python), and the ability to communicate complex results to stakeholders across geographies.

Qualifications

• Strong experience in building and maintaining actuarial models for pricing, reserving and projections.
• Experience with data analysis of large datasets to inform decisions.
• Excellent written and verbal communication to convey complex concepts to non-technical audiences.
• Proven ability to work independently in a remote setting with multiple priorities.
• Demonstrated leadership potential and mentoring junior staff.

Responsibilities

• Develop, implement, and maintain sophisticated actuarial models for pricing, reserving, and financial projections.
• Perform data analysis on large datasets to identify trends, assess risks, and support business decision-making.
• Conduct experience studies and analyze profitability metrics for insurance products.
• Prepare actuarial reports and communicate findings to management and stakeholders.
• Collaborate with underwriting, product development, and finance teams on strategic initiatives.
• Ensure compliance with actuarial standards and reporting requirements.
• Mentor and guide junior actuarial staff and promote professional development.
• Stay updated on industry trends and innovations in actuarial science.
• Contribute to the development of actuarial software and tools.
• Undertake ad-hoc actuarial projects as required by senior leadership.

Skills

Actuarial modeling

Data analysis

Communication

Independent work

Leadership

Education

Bachelor's or Master's in Actuarial Science/Mathematics/Statistics

Tools

Prophet

TML

R

Python

Job description

About the Role

Our client, a globally recognized insurance institution, is seeking an accomplished Senior Actuarial Analyst to join their entirely remote team. This pivotal role focuses on complex actuarial modeling, pricing, and reserving for various insurance products. You will leverage advanced statistical techniques and data analysis to assess risk, forecast financial outcomes, and ensure the solvency and profitability of the company. The position requires a highly analytical and self-driven individual who can thrive in a remote work environment, collaborating effectively with colleagues across different geographies. You will be at the forefront of driving actuarial innovation and providing critical insights that shape business strategy.

This is a unique opportunity to work from anywhere, contributing to a forward-thinking organization that embraces remote work culture. You will be part of a high-performing team that values expertise, collaboration, and continuous learning. The role offers significant autonomy and the chance to tackle intellectually stimulating challenges within the insurance and actuarial domain. We are committed to fostering a supportive remote work environment where employees can achieve their full potential. This position is ideal for experienced professionals looking for a challenging and rewarding remote career in the insurance sector, operating from Richards Bay, KwaZulu-Natal , or any other location.

Key Responsibilities

• Develop, implement, and maintain sophisticated actuarial models for pricing, reserving, and financial projections.
• Perform data analysis on large datasets to identify trends, assess risks, and support business decision-making.
• Conduct experience studies and analyze profitability metrics for insurance products.
• Prepare actuarial reports and communicate findings and recommendations clearly to management and stakeholders.
• Collaborate with underwriting, product development, and finance teams on strategic initiatives.
• Ensure compliance with all relevant actuarial standards, regulations, and reporting requirements.
• Mentor and guide junior actuarial staff, fostering their professional development.
• Stay updated on industry best practices, emerging trends, and technological advancements in actuarial science.
• Contribute to the development and enhancement of actuarial software and tools.
• Undertake ad-hoc actuarial projects and analyses as required by senior leadership.

Requirements

• A Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Progress towards or completion of actuarial designations (e.g., FSA, ASA, ACAS, or equivalent).
• Minimum of 5 years of progressive experience in actuarial roles within the insurance industry.
• Proficiency in actuarial modeling software (e.g., Prophet, T M L, R, Python) and advanced Excel skills.
• Strong analytical, problem-solving, and critical thinking abilities.
• Excellent written and verbal communication skills, with the ability to explain complex concepts to non-technical audiences.
• Proven ability to work independently, manage multiple priorities, and meet deadlines in a remote setting.
• Experience with regulatory reporting and compliance is highly desirable.
• Demonstrated leadership potential and experience in mentoring junior colleagues.
• A proactive approach to identifying and resolving actuarial challenges.
• Must have a stable internet connection and a dedicated home office setup.

Benefits

• Highly competitive salary package commensurate with experience and qualifications.
• Comprehensive health, dental, and vision insurance coverage.
• Generous retirement savings plan with company matching.
• Significant professional development budget for exams, courses, and conferences.
• Flexible work hours to accommodate different time zones.
• Remote work arrangement with potential for home office stipends.
• Generous paid time off and holidays.
• Opportunities for rapid career advancement and exposure to global projects.
• Company-provided laptop and necessary software licenses.
• Employee assistance program and wellness initiatives.