Remote Senior Insurance Analyst

Placements24; Graafwater; Hybrid; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Health insurance

Home office stipend

Job summary

Placements24 is seeking a Senior Insurance Analyst for a remote SA role. You will supply data-driven insights to support underwriting, product development, and claims, partnering with actuarial and analytics teams to drive decisions.

You will build models, dashboards, and reports, ensuring data accuracy and governance while staying current with industry trends and regulatory changes.

Qualifications

• Master's degree in a quantitative field (Finance, Economics, Statistics, Data Science, Actuarial Science).
• 6+ years of analytical experience in the insurance industry.
• Proficiency with SQL, Python, R or SAS.
• Experience with BI tools such as Tableau or Power BI.

Responsibilities

• Analyze large datasets to identify trends, KPIs, and patterns in insurance operations.
• Develop and maintain financial models, forecasting tools, and risk frameworks.
• Prepare reports and presentations for senior management with actionable insights.
• Collaborate with underwriting, product, actuarial, and claims teams for support.
• Monitor market trends, regulations, and competition and assess impact.
• Identify process improvements and cost efficiencies through data analysis.
• Develop dashboards and visualizations to communicate insights to stakeholders.
• Ensure data accuracy, integrity, and security across projects.
• Stay updated on analytical techniques and best practices in insurance.
• Contribute to strategic planning and business development initiatives.

Skills

Data analysis

Financial modeling

Statistical techniques

Communication

Remote work discipline

Education

Master's degree in Finance, Economics, Statistics, Data Science, Actuarial Science

Tools

SQL

Python

R

SAS

Tableau

Power BI

Job description

About the Role

Our client is seeking a highly analytical and experienced Senior Insurance Analyst to join their fully remote operations team. This role is essential for providing critical data-driven insights to support strategic decision-making across various insurance functions, including underwriting, product development, and claims management. The ideal candidate will possess strong quantitative skills, a deep understanding of insurance data, and the ability to translate complex data into actionable recommendations. This is a remote-first position, offering exceptional autonomy and the opportunity to contribute significantly to a leading insurer from anywhere, including **Paarl**. You will leverage your expertise to enhance business performance and drive innovation within the **South African** insurance landscape.

Key Responsibilities

• Analyze large datasets to identify trends, patterns, and key performance indicators (KPIs) related to insurance operations.
• Develop and maintain financial models, forecasting tools, and risk assessment frameworks.
• Prepare comprehensive reports and presentations for senior management, summarizing findings and recommendations.
• Collaborate with underwriting, product, actuarial, and claims teams to provide analytical support.
• Monitor market trends, regulatory changes, and competitive activities, assessing their impact on the business.
• Identify opportunities for process improvements and cost efficiencies through data analysis.
• Develop dashboards and visualizations to effectively communicate insights to various stakeholders.
• Ensure data accuracy, integrity, and security across all analytical projects.
• Stay updated on the latest analytical techniques, technologies, and best practices in the insurance industry.
• Contribute to strategic planning and business development initiatives through insightful analysis.

Requirements

• A Master's degree in Finance, Economics, Statistics, Data Science, Actuarial Science, or a related quantitative field.
• A minimum of 6 years of experience in an analytical role within the insurance industry.
• Proven expertise in data analysis, financial modeling, and statistical techniques.
• Proficiency in data analysis tools such as SQL, Python, R, SAS, or similar.
• Strong understanding of insurance products, operations, and regulatory requirements in **South Africa**.
• Excellent communication, presentation, and interpersonal skills.
• Demonstrated ability to work independently, manage multiple projects, and meet deadlines in a remote environment.
• High attention to detail and a commitment to delivering accurate, insightful analysis.
• Experience with business intelligence tools (e.g., Tableau, Power BI) is a strong asset.
• Comfortable working in a fully remote setup with excellent remote collaboration skills.

Benefits

• An attractive annual salary of ZAR .
• Comprehensive health, dental, and vision insurance.
• Generous annual leave and paid time off.
• Significant opportunities for career growth and professional development.
• The ultimate flexibility of a fully remote position, enabling work from any location, including **Paarl**.
• Access to cutting-edge analytical tools and technologies.
• Be a key contributor to the strategic direction of a leading **South African** insurance firm.
• Work in a dynamic and intellectually stimulating environment.