Remote Senior Actuarial Specialist

Placements24; Gauteng; Remote; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Highly competitive salary and annual-b

Comprehensive health insurance andWell

Generous paid time off and flexible-

Professional growth and study support

Membership fees covered

Collaborative virtual team environment

Retirement plan with company matching

Investments in actuaries tools andTech

Job summary

Placements24 is recruiting a Remote Senior Actuarial Specialist to join a globally distributed team. The role focuses on developing pricing and reserving models, conducting pricing analyses, and contributing to strategic financial planning across insurance products.

You will mentor junior actuaries, lead projects, and ensure accuracy of financial projections in a remote-first environment. Strong regulatory knowledge and advanced analytics are essential.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Fellow of the Actuarial Society of South Africa (FASSA) or equivalent international designation (e.g., FIA, SOA Fellow).
• A minimum of 7 years of progressive experience in actuarial roles within the insurance industry.
• Proven expertise in life insurance or short-term insurance, with a strong track record in pricing, reserving, and/or financial modeling.
• Advanced proficiency in actuarial software (e.g., Prophet, GGY AXIS) and programming languages (e.g., SQL, Python, R).
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong communication and presentation skills, with the ability to explain complex technical concepts to non-technical audiences.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and forecasting.
• Analyze historical data to identify trends and inform projections.
• Conduct profitability analyses and advise on pricing strategies.
• Ensure compliance with actuarial standards and regulatory requirements.
• Collaborate with underwriting, finance, and risk teams for insights.
• Mentor junior actuaries and lead projects to on-time delivery.
• Prepare actuarial reports and presentations for management and regulators.
• Stay updated on advancements in actuarial science and modeling techniques.
• Contribute to strategic planning through robust financial modeling.

Skills

Analytical thinking

Problem-solving

Communication skills

Presentation skills

Independent work

Education

Bachelor's degree in Actuarial Science or related field

FASSA or FIA/SOA designation

Tools

Prophet

GGY AXIS

SQL

Python

R

Job description

About the Role

Our client is actively seeking an accomplished Remote Senior Actuarial Specialist to join their globally distributed actuarial team. This is a fully remote position, offering the flexibility to work from anywhere within the specified regions. The successful candidate will play a vital role in developing and refining actuarial models, conducting complex pricing and reserving analyses, and contributing to strategic financial planning for the company's diverse insurance products. This role demands a deep understanding of actuarial science, regulatory frameworks, and advanced statistical techniques. As a Senior Specialist, you will mentor junior actuaries and lead key projects, ensuring the accuracy and reliability of our client's financial projections and risk assessments. This is an exceptional opportunity to shape the future of actuarial practices in a remote-first setting.

Key Responsibilities

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


• Perform in-depth analysis of historical data to assess trends and inform future projections.


• Conduct profitability analysis and provide recommendations for product development and pricing strategies.


• Ensure compliance with all relevant actuarial standards, regulatory requirements, and accounting principles.


• Collaborate with underwriting, finance, and risk management teams to provide actuarial insights.


• Mentor and guide junior actuarial staff, fostering their professional development.


• Lead actuarial projects from inception to completion, managing timelines and resources effectively.


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


• Stay current with advancements in actuarial science, modeling techniques, and industry best practices.


• Contribute to the company's strategic planning process through robust financial modeling and analysis.

Requirements

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


• Fellow of the Actuarial Society of South Africa (FASSA) or equivalent international designation (e.g., FIA, SOA Fellow).


• A minimum of 7 years of progressive experience in actuarial roles within the insurance industry.


• Proven expertise in life insurance or short-term insurance, with a strong track record in pricing, reserving, and/or financial modeling.


• Advanced proficiency in actuarial software (e.g., Prophet, GGY AXIS) and programming languages (e.g., SQL, Python, R).


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


• Strong communication and presentation skills, with the ability to explain complex technical concepts to non-technical audiences.


• Demonstrated ability to work independently, manage multiple projects simultaneously, and meet tight deadlines in a remote environment.


• A dedicated and productive remote work setup with reliable high-speed internet.

Benefits

• Highly competitive salary and potential for annual bonuses.


• Comprehensive health insurance coverage and wellness programs.


• Generous paid time off and flexible remote working arrangements.


• Significant opportunities for professional growth, continuous learning, and skill development.


• Contribution to professional membership fees and study programs.


• A collaborative and supportive virtual team environment.


• Retirement savings plan with company matching.


• Investment in advanced actuarial tools and technologies.