Senior Actuarial Analyst - Remote, Advanced Modeling

Placements24; Pietermaritzburg; Hybrid; ZAR 900,000 - 1,500,000; Full time

Job summary

Placements24 is seeking a highly analytical Senior Actuarial Analyst for a fully remote, permanent role in South Africa. You will price new products, reserve for existing liabilities, and build complex financial models to support strategic decision-making within a leading insurer.

The ideal candidate has five+ years of actuarial experience, professional exams, and expert proficiency in Prophet, R, Python, and Excel, with strong communication skills and the ability to work independently in a

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related quantitative field.
• Passed at least 5 actuarial exams from a recognized professional body.
• Minimum of 5 years of actuarial experience in the insurance industry.
• Proficiency in Prophet, R, Python, and advanced Excel.
• Strong understanding of insurance products, regulations, and market dynamics.
• Excellent analytical, problem-solving, and critical thinking skills.
• Superior communication and presentation skills.
• Demonstrated ability to work independently in a remote setting.
• Experience in data analysis and statistical modeling.

Responsibilities

• Develop, implement, and maintain actuarial models for pricing, reserving, and forecasting.
• Analyze insurance data to identify trends, risks, and opportunities.
• Prepare reports and presentations for senior management on findings and recommendations.
• Collaborate with underwriting, claims, and finance to ensure accurate risk assessment and product development.
• Assist in the development and implementation of new insurance products and features.
• Ensure compliance with all relevant regulatory requirements and industry standards.
• Mentor junior actuarial staff and contribute to their professional development.
• Continuously evaluate and improve actuarial methodologies and tools.
• Contribute to strategic planning and business development initiatives from an actuarial perspective.

Skills

Analytical thinking

Problem solving

Critical thinking

Education

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

Tools

Prophet

R

Python

Excel (Advanced)

Job description

Placements24 is seeking a highly analytical Senior Actuarial Analyst for a fully remote, permanent role in South Africa. You will price new products, reserve for existing liabilities, and build complex financial models to support strategic decision-making within a leading insurer.

The ideal candidate has five+ years of actuarial experience, professional exams, and expert proficiency in Prophet, R, Python, and Excel, with strong communication skills and the ability to work independently in a