Senior Actuarial Analyst

Placements24; Upington; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Health insurance

Retirement savings plan

Generous paid time off

Continuous professional growth

Job summary

Placements24 is seeking a Senior Actuarial Analyst to join our fully remote team, driving pricing, reserving and forecasting. You will develop and apply advanced actuarial models to assess risks and inform financial strategy from any location.

The role requires FSA/ASA or progress toward designation, 5+ years in actuarial roles, and strong proficiency in R, Python and SQL, with excellent communication and presentation skills.

Qualifications

• Actuarial designation or progress toward it.
• Minimum 5 years in an actuarial role within insurance.
• Advanced knowledge of actuarial principles and modeling.
• Proficient in R, Python, SQL and related tools.
• Strong analytical, problem-solving and communication skills.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and forecasting.
• Analyze datasets to assess risks and determine pricing strategies.
• Evaluate financial implications of new product development and market changes.
• Prepare actuarial reports and present findings to management and regulators.
• Mentor junior staff and contribute to best practices.

Skills

Actuarial designation

5+ years experience

Statistical modelling

Programming (R/Python/SQL)

Analytical skills

Communication skills

Education

Actuarial designation progress toward FSA/ASA/ACAS

Tools

R

Python

SQL

Job description

About the Role

Our client is looking for an accomplished and analytical Senior Actuarial Analyst to join their fully remote team, driving critical actuarial functions. This role involves developing and applying complex mathematical and statistical models to assess insurance risks, price products, and manage financial reserves. You will play a key role in forecasting future liabilities, evaluating the profitability of new business initiatives, and providing strategic insights to senior leadership. This is an exceptional opportunity for a highly skilled actuary to contribute significantly to the company's financial strategy and long-term success, working independently from any location while collaborating closely with cross-functional teams through advanced digital platforms, ensuring robust financial planning and risk management across the organization.

Key Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and forecasting.
• Analyze complex data sets to assess insurance risks and determine appropriate pricing strategies.
• Evaluate the financial implications of new product development and market changes.
• Prepare detailed actuarial reports and present findings to management and regulatory bodies.
• Mentor junior actuarial staff and contribute to the development of best practices.

Requirements

• Actuarial designation (e.g., FSA, ASA, ACAS, or equivalent) or progress towards it.
• Minimum of 5 years of experience in an actuarial role within the insurance industry .
• Advanced knowledge of actuarial principles, statistical modeling, and programming languages (e.g., R, Python, SQL).
• Exceptional analytical, problem-solving, and quantitative skills.
• Excellent communication and presentation abilities.

Benefits

• Highly competitive salary and bonus structure.
• Fully remote work environment, offering unparalleled flexibility and autonomy.
• Comprehensive health, dental, and vision insurance coverage.
• Generous paid time off and retirement savings plan.
• Opportunities for continuous professional growth and advanced certifications.