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.

 

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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 (S&S)
Location: Johannesburg
Salary:
If you can calculate the probability of your coffee going cold before you finish a model run, you might just be our client's kind of Actuary. This is your chance to flex your technical brainpower that turns complex problems into smart, workable life insurance products.
24 days ago


Actuarial Specialist (Short-Term)
Location: Johannesburg
Salary:
If you can calculate the probability of your coffee going cold before you finish a model run, you might just be our client's kind of Actuary. This is your chance to flex your technical brainpower that turns complex problems into smart, workable life insurance products.
24 days ago


Actuarial Specialist (Short-Term)
Location: Johannesburg
Salary:
If you can calculate the probability of your coffee going cold before you finish a model run, then you might just be our client's kind of Actuary. This is your chance to flex your technical brainpower that turns complex problems into smart, workable life insurance products.
23 days ago


Actuarial Analyst
Location: Central Karoo
Salary:
Are you ready to transform the world of actuarial science? Step into a forward-thinking environment where your actuarial skills aren’t just applied — they’re valued and celebrated. If you’re eager to challenge conventional actuarial practices and combine technical expertise with strategic insight, this is the role for you.
Today


Actuarial Analyst
Location: Central Karoo
Salary:
Are you ready to transform the world of actuarial science?Step into a forward-thinking environment where your actuarial skills aren’t just applied, they’re valued and celebrated. If you’re eager to challenge conventional actuarial practices and combine technical expertise with strategic insight, this is the role for you.
Today


Actuarial Spealist
Location: Cape Town
Salary: Annually
Are you an ambitious Actuary or Senior actuarial Analyst looking to make your mark in a dynamic, growing environment? A leading professional services firm is looking for an actuarial specialist to join their expanding actuarial team. This is a rare opportunity to be part of an entrepreneurial setup — where you’ll help shape the actuarial offering and support audit teams across a divers...
1 day ago


Actuarial Spealist
Location: Cape Town
Salary: Annually
Are you an ambitious Actuary or Senior actuarial Analyst looking to make your mark in a dynamic, growing environment? A leading professional services firm is looking for an actuarial specialist to join their expanding actuarial team. This is a rare opportunity to be part of an entrepreneurial setup — where you’ll help shape the actuarial offering and support audit teams across a divers...
2 days ago


Application Scoring Specialist
Location: Johannesburg
Salary:
Are you ready to take your expertise in application scoring and credit risk modelling to the next level? This is your opportunity to shape the future of credit decisioning across industries while driving innovation in SME lending.
Today


Application Scorecard Specialist
Location: Johannesburg
Salary:
Are you ready to take your expertise in application scoring and credit risk modelling to the next level? This is your opportunity to shape the future of credit decisioning across industries while driving innovation in SME lending.
Today


Application Scorecard Specialist
Location: Johannesburg
Salary:
Ready to elevate your skills in application scoring and credit risk modelling? Join us and play a pivotal role in transforming credit decisioning across industries, while pioneering innovation in SME lending.
Today