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:

Senior Actuarial Specialist
Location: Centurion
Salary:
Our client is a leading insurance and risk management firm dedicated to providing innovative solutions to their clients. With a strong focus on excellence and integrity, they strive to deliver exceptional service and value to their customers.
1 day ago


Actuarial Specialist
Location: Johannesburg
Salary:
Are you a numbers whiz with a passion for analyzing data and mitigating risk? Join a dynamic team at the forefront of financial services as an actuarial specialist within their Pricing and Valuations team.
4 days ago


Actuarial Specialist
Location: Johannesburg
Salary:
Are you a numbers whiz with a passion for analyzing data and mitigating risk? Join a dynamic team at the forefront of financial services as an actuarial specialist within the Pricing and Valuations team.
7 days ago


Actuarial Specialist
Location: Johannesburg
Salary: 600000
We're on the lookout for an actuarial specialist to join one of the strongest Life Insurance Valuations teams in the country! If you're passionate about driving innovation and excellence, while upholding the highest standards of integrity and professionalism, this opportunity is for you.
11 days ago


Actuarial Specialist
Location: Centurion
Salary:
Are you passionate about applying your actuarial expertise to make a positive impact on people's health and well-being? Do you thrive in a dynamic environment where innovation and collaboration drive meaningful change? We're looking for a talented actuarial specialist to join our team in the health space.
17 days ago


Senior Actuarial Analyst
Location: Cape Town
Salary:
Our client is a leading insurance and risk management firm dedicated to providing innovative solutions to their clients. With a strong focus on excellence and integrity, they strive to deliver exceptional service and value to their customers.
3 days ago


Senior Actuarial Analyst
Location: Centurion
Salary:
Our client is a leading insurance and risk management firm dedicated to providing innovative solutions to their clients. With a strong focus on excellence and integrity, they strive to deliver exceptional service and value to their customers.
3 days ago


Portfolio Assistant
Location: Cape Town
Salary:
This leading wealth management firm is dedicated to providing personalized financial solutions to their clients. With a focus on integrity, innovation, and client service, they strive to achieve excellence in managing wealth and creating value for their clients.
1 day ago


Portfolio Assistant
Location: Johannesburg
Salary:
This leading wealth management firm is dedicated to providing personalized financial solutions to their clients. With a focus on integrity, innovation, and client service, they strive to achieve excellence in managing wealth and creating value for their clients.
1 day ago


Actuarial Analyst
Location: Pretoria
Salary:
The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development, benefits design and pricing within the CMS and the healthcare industry
1 day ago