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:

Actuarial Specialist
Location: Johannesburg
Salary:
Are you an ambitious Actuary with a flair for pricing and problem-solving? This role offers the chance to work on innovative life insurance solutions, combining technical expertise with client engagement and deal structuring.
3 days ago


Senior Actuarial Specialist – Short-Term Insurance
Location: Johannesburg
Salary:
Are you ready to take your actuarial career to the next level in a role where pricing meets data science? This is an opportunity to join a dynamic, forward-looking environment where your expertise in short-term insurance will directly influence strategy, profitability, and innovation.
18 days ago


Senior Actuarial Specialist – Short-Term Insurance
Location: Johannesburg
Salary:
Are you ready to take your actuarial career to the next level in a role where pricing meets data science? This is an opportunity to join a dynamic, future-focused environment where your expertise in short-term insurance will directly shape strategy, profitability, and innovation.
26 days ago


Actuarial Pricing Analyst
Location: Johannesburg
Salary: Market-Related
actuarial Pricing Analyst - Johannesburg
82 days ago


ESRG & Impact Analyst: COO Office (FTC - 24 Months)
Location: Sandton
Salary: Negotiable
The IDC’s ESRG and Impact Programme is now at its implementation phase after a 36-month period of setting up policies, strategy, procedures and supporting positions. As such, this programme is requiring skills and resources to accelerate its implementation and integration across the Corporation for both compliance and thought leadership purpos...
1 day ago


Non-Life Pricing and Structuring Lead
Location: Sandton, Gauteng
Salary: Market related
Non-Life Pricing and Structuring Lead
1 day ago


Machine Learning - AI Data Scientist
Location: Johannesburg
Salary: Annually
Ready to shape the future of Generative AI? We’re seeking an expert in LLMs, NLP, and AI frameworks to build, fine-tune, and deploy intelligent solutions at scale.
2 days ago


Actuarial Analyst
Location: Eden
Salary: Annually
Dreaming of escaping the hustle of Gauteng, but not ready to compromise on your actuarial career? Swap long commutes and city noise for ocean views, fresh air, and a vibrant coastal lifestyle.
2 days ago


Actuary – Reserving & Short-Term Insurance
Location: Johannesburg
Salary: Annually
Are you ready to apply your actuarial skills in a dynamic and specialist short-term insurance environment?
2 days ago


AI Specialist
Location: Johannesburg
Salary:
Are you ready to push the boundaries of artificial intelligence? This is your chance to join a forward-thinking team where your expertise in AI and machine learning won’t just be used - it will be celebrated. If you’ve ever wanted to design and deploy solutions that genuinely change how businesses engage with customers, then this role is for you.
3 days ago