Actuarial Specialist

 

Do you have friends and family who refer to you as self-motivated and aptly able to assess outcomes based on risk? Where have you been? A career as an actuarial specialist might just be for you.

What is a Actuarial Specialist?

An Actuarial Specialist's function is to evaluate possible risks of a company's outcomes or situations using mathematics, statistics and financial theories. They also design business strategies and insurance policies to lower a company's financial risks.

 

View Actuarial Specialist Jobs                       Recruit a Actuarial Specialist

 

Actuarial Specialist Job Description

Actuarial Specialist Job Overview

As an actuarial analyst, you'll work with large data sets to answer questions such as how much risk a specific product or service has or how many people will use it. You'll develop models, run simulations and analyse results to help improve business decisions.

Responsibilities of a Actuarial Specialist

The specific duties of an actuary vary by employer, but typical responsibilities include:

• Using statistical analysis techniques such as regression analysis and time series analysis on large data sets
• Developing models for pricing financial products such as life insurance policies and fixed annuities
• Support all aspects of insurance operations, including product development, pricing and underwriting;
• Modelling cash flows, risk exposure and portfolio performance over time
• Determining the probability of future events based on historical experience
• Create reports regarding various aspects of insurance coverage (e.g., premium analysis) for internal use by management or external use by clients

Qualifications to be an Actuarial Specialist

• Bachelor's degree in finance, actuarial science, statistics, business, mathematics, economics
• Experience as an Actuarial
• Robust skills in actuarial mathematics, with vast knowledge in probability theory, mathematics, investment theory and statistics
• Outstanding interpersonal and communications skills; interpret and share complex and challenging topics with colleagues and stakeholders in simple, easy-to-understand language
• Creative problem-solving skills, research and analytical skills
• Expert IT skills

Search jobs similar to this role and find your dream job! Happy hunting.

 

Actuarial Specialist Jobs currently open:

Senior Actuarial Specialist
Location: Cape Town
Salary:
Join Our Client’s Esteemed Life Team – actuarial Role in Cape Town.
17 days ago


Senior Actuarial Specialist
Location: Johannesburg
Salary:
An Exciting Opportunity for Actuaries: Join a Top Life Team in Cape Town! Are you a nearly or newly qualified Actuary eager to advance your career?
19 days ago


Senior Actuarial Specialist
Location: Cape Town
Salary:
An Exciting Opportunity for Actuaries: Join a Top Life Team in Cape Town! Are you a nearly or newly qualified Actuary eager to advance your career?
19 days ago


Junior Actuarial Specialist | Sandton
Location: Sandton, Gauteng
Salary: R 720 000 - R 972 000 per annum
Junior actuarial specialist | Sandton
21 days ago


Actuarial Specialist
Location: Cape Town
Salary:
An exciting opportunity - actuarial Pricing specialist wanted!
42 days ago


Actuarial Pricing Specialist
Location: Centurion
Salary: -
Our Client, a leader in the Insurance Industry, based in the Centurion area, is looking for an actuarial Pricing specialist. 
Today


Actuarial Pricing Specialist
Location: Centurion
Salary: -
Our Client, a leader in the Insurance Industry, based in the Centurion area, is looking for an actuarial Pricing specialist. 
Today


Actuarial Pricing Specialist
Location: Centurion
Salary: -
Our Client, a leader in the Insurance Industry, based in the Centurion area, is looking for an actuarial Pricing specialist. 
Today


Actuarial Pricing Specialist - Short Term Insurance
Location: Centurion
Salary: Salary - R800,000 - R900,000 CTC / Annum
The purpose of this role is to price and manage the risk in respect of new and existing business to ensure profitability and sustainability. The area is a high-pressure environment, and the suitable candidate needs to be able to produce high quality work while ensuring that tight deadlines are met.
Today


Actuarial Pricing Specialist
Location: Centurion
Salary: R900 000.00 Annually
Are you passionate about pricing, risk management, and driving profitability in the Short-Term Insurance industry? Our client is seeking a dynamic and experienced actuarial Pricing and Risk Manager to join their high-performance team. In this pivotal role, you will manage pricing models, ensure profitability, and navigate a fast-paced, high-pressure environment, delivering top-quality work on tigh...
10 days ago