Remote Senior Actuarial Analyst

Placements24; Pretoria; Remote; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Fully remote work arrangement

Competitive salary and bonus

Health, dental & vision insurance

Retirement savings plan with employer"

Exam support and tuition reimbursement

Access to actuarial software and tech

Collaborative virtual team culture

Paid time off

Career advancement opportunities

Employee assistance program

Job summary

Placements24 is representing a cutting-edge insurance company seeking a Senior Actuarial Analyst to join a fully remote team serving clients across South Africa from a Centurion-base-like setup.

You will design and apply complex actuarial models for pricing, reserving and forecasting, while validating data and communicating insights to stakeholders. A strong quantitative background and remote-work capability are essential.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
• Progress towards or completion of actuarial examinations (SOA/IFoA/ASSA).
• At least 5 years actuarial experience in the insurance industry.
• Proficiency with actuarial modeling software (Prophet, AXIS) and programming languages (Python, R, SQL).

Responsibilities

• Design, develop, and implement actuarial models for pricing, reserving, and forecasting.
• Analyze datasets to assess risk, identify trends, and inform decisions.
• Collaborate with product teams to design and refine insurance products and ensure profitability.
• Perform data validation and QA on models and datasets.
• Prepare reports and presentations for management and regulators.
• Stay updated on industry regulations and actuarial techniques.
• Mentor junior actuarial staff and contribute to best practices.
• Peer review actuarial work performed by team members.
• Assist in development and maintenance of actuarial software and tools.
• Contribute to capital management and solvency framework.

Skills

Analytical thinking

Problem solving

Communication

Remote collaboration

Education

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

Tools

Prophet

AXIS

Python

R

SQL

Job description

About the Role

Our client, a cutting-edge insurance company known for its innovative approach and strong digital presence, is actively seeking a highly skilled Senior Actuarial Analyst to join their fully remote team. This position is ideal for a motivated professional seeking a challenging role with the flexibility of remote work, serving clients and operations across South Africa from their base near **Centurion**. You will be instrumental in developing and applying complex actuarial models to assess financial risks, price insurance products, and ensure the company's long-term solvency. This role demands a strong quantitative background, exceptional analytical capabilities, and a proactive mindset. As a remote-first organization, we provide a fully supportive virtual environment, fostering collaboration and professional growth through digital platforms. Embrace the opportunity to shape the future of insurance analytics from the comfort of your home office.

Key Responsibilities

• Design, develop, and implement sophisticated actuarial models for pricing, reserving, and financial forecasting.
• Analyze complex datasets to assess risk, identify trends, and inform strategic business decisions.
• Collaborate with product development teams to design new insurance products and refine existing ones, ensuring profitability and competitiveness.
• Perform data validation and quality assurance on actuarial models and datasets.
• Prepare clear and concise reports and presentations for management, regulatory bodies, and other stakeholders.
• Stay abreast of industry developments, regulatory changes, and emerging actuarial techniques.
• Mentor junior actuarial staff and contribute to the development of actuarial best practices.
• Conduct peer reviews of actuarial work performed by other team members.
• Assist in the development and maintenance of actuarial software and tools.
• Contribute to the company's capital management and solvency framework.

Requirements

• A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a closely related quantitative field.
• Progress towards or completion of actuarial examinations (e.g., Society of Actuaries, Institute and Faculty of Actuaries, Actuarial Society of South Africa).
• A minimum of 5 years of relevant actuarial experience within the insurance industry.
• Proficiency in actuarial modeling software (e.g., Prophet, AXIS) and programming languages (e.g., Python, R, SQL) is highly desirable.
• Strong understanding of insurance regulations and accounting principles relevant to actuarial functions.
• Exceptional analytical, problem-solving, and quantitative skills.
• Excellent written and verbal communication skills, with the ability to explain complex technical concepts to non-technical audiences.
• Demonstrated ability to work effectively in a remote team environment, managing deadlines and priorities independently.
• A dedicated home office setup with reliable high-speed internet connectivity.
• Experience with data visualization tools is a plus.

Benefits

• Fully remote work arrangement offering significant work-life balance.
• Highly competitive salary and performance-based bonus structure.
• Comprehensive health, dental, and vision insurance coverage.
• Generous retirement savings plan with employer matching.
• Support for ongoing professional development, including exam support and tuition reimbursement.
• Access to cutting-edge actuarial software and technology.
• Collaborative and innovative virtual team culture.
• Paid time off, including vacation, sick leave, and public holidays.
• Opportunities for career advancement within a growing, digitally focused company.
• Employee assistance program providing confidential support services.