Remote Senior Insurance Actuary - Pricing & Reserving

Placements24; Bloemfontein; Hybrid; ZAR 900.000 - 1.300.000; Vollzeit

Benefits dieser Stelle

Health insurance

Retirement contributions

Remote work

Zusammenfassung

Placements24 is recruiting a Senior Insurance Actuary for a fully remote role. The candidate will develop, implement, and refine pricing models for various insurance products and perform complex reserving calculations to ensure adequate provisions.

The role requires experience in pricing, reserving, and regulatory compliance, with oversight across multiple international teams. The ideal candidate holds a recognized actuarial qualification (FSA/FIA/FCAS) and at least 5 years post-qualification

Qualifikationen

• Successful candidate must hold an actuarial qualification (FSA/FIA/FCAS) or equivalent.

Aufgaben

• Develop pricing models for new and existing insurance products.

Kenntnisse

Analytical thinking

Statistical modeling

Data analysis

Ausbildung

FSA/FIA/FCAS or equivalent

Tools

R

Python

SQL

Prophet

GGYAXIS

Jobbeschreibung

About the Role

Our client, a forward-thinking international insurance group, is actively seeking a highly skilled and qualified Senior Insurance Actuary with expertise in pricing and reserving to join their fully remote team. This crucial role involves applying advanced actuarial techniques to develop and refine pricing models for various insurance products, as well as calculating and validating reserves for existing liabilities. The successful candidate will be instrumental in ensuring the financial soundness and profitability of the company's insurance operations through rigorous analysis and insightful recommendations. This position requires a deep understanding of statistical modeling, risk management, and regulatory requirements within the insurance industry. As a remote-first role, you will have the autonomy to manage your workload effectively, collaborating with colleagues across different time zones. This is an exceptional opportunity for an accomplished actuary to make a significant impact from anywhere, contributing to the strategic direction of the business.

Key Responsibilities

• Develop, implement, and maintain pricing models for new and existing insurance products, ensuring competitive and profitable rates.
• Perform complex reserving calculations and analyses to ensure adequate financial provisions for claims.
• Conduct experience studies (morbidity, mortality, lapse, etc.) to inform pricing and reserving assumptions.
• Analyze market trends, competitor pricing, and regulatory changes to provide strategic insights.
• Collaborate with underwriting, product development, and finance teams to support business objectives.
• Prepare clear and concise actuarial reports and presentations for senior management and regulatory bodies.
• Ensure compliance with all relevant actuarial standards, professional guidelines, and regulatory requirements.
• Develop and enhance actuarial models and tools to improve efficiency and accuracy.
• Mentor and provide technical guidance to junior actuarial staff as needed.
• Stay abreast of emerging actuarial methodologies and technological advancements.

Requirements

• A recognized actuarial qualification (e.g., FSA, FIA, FCAS, or equivalent) is mandatory.
• A minimum of 5 years of post-qualification experience in insurance actuarial work, with a strong focus on pricing and/or reserving.
• Proven expertise in statistical modeling, data analysis, and actuarial software (e.g., R, Python, SQL, Prophet, GGYAXIS).
• In-depth knowledge of relevant insurance regulations and accounting principles.
• Excellent analytical, problem-solving, and quantitative skills.
• Strong communication and interpersonal skills, with the ability to explain complex concepts to non-actuaries.
• Demonstrated ability to work independently and manage multiple projects effectively in a remote setting.
• High level of attention to detail and commitment to accuracy.
• Proven track record of delivering impactful insights and recommendations.
• Experience with life insurance or short-term insurance products is required.

Benefits

• Our client offers an industry-leading, highly competitive salary and bonus structure, reflecting the senior nature and specialized skills required for this role.
• A comprehensive benefits package is provided, including top-tier health insurance, generous retirement contributions, and life assurance.
• This role is 100% remote, offering unparalleled flexibility and work-life balance.
• Opportunities for continuous learning, professional development, and engagement with international actuarial teams are abundant.
• You will work with cutting-edge tools and methodologies, contributing to a globally recognized insurance organization from the comfort of your own home, impacting the business across the Free State and beyond.