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: Johannesburg
Salary: Market related
Senior actuarial specialist
57 days ago


Actuarial Reporting Specialist
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Shape the Future of Financial Reporting – actuarial Reporting specialist 
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Actuarial Reporting Specialist
Location: Centurion
Salary:
actuarial Reporting specialistAn exciting opportunity is available for an experienced actuarial Reporting specialist to support financial reporting and forecasting teams within a life insurance environment. The role focuses on performing financial impact assessments, analysing performance, and ensuring clear, insightful communication to internal and external stakeholders.
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Actuarial Reporting Specialist
Location: Centurion
Salary: 68000 Monthly
Midrand Gauteng Financial services group requires the expertise of a and actuarial Analyst with skills in the IFRS Reporting channel
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Actuarial Short-Term Pricing Specialist
Location: Johannesburg
Salary:
Are you ready to take the lead in pricing innovation? We're on the lookout for a dynamic actuarial Pricing specialist with a sharp analytical mindset and a passion for data-driven strategy. If you have 3+ years of experience in short-term insurance and 9 or more actuarial exams under your belt, then this is your moment.
15 days ago


Actuarial Pricing Specialist
Location: Johannesburg
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Are you a data-driven actuarial professional with a passion for pricing strategy? If you have 3+ years of short-term insurance experience and have completed 9+ actuarial exams, this opportunity is your next big move!
26 days ago


Actuarial Pricing Specialist (Short-term pricing)
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actuarial Pricing specialists – Shape the Future with Data!
50 days ago


Actuarial Analyst - Life
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76 days ago


Data Engineer (SAS to Databricks) – Johannesburg – R800k to R1mil per annum
Location: Johannesburg
Salary: 800000
Data Engineer (SAS to Databricks) – Johannesburg – R800k to R1mil per annum
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Actuarial Analyst - Non Life
Location: Johannesburg
Salary:
Job Title: actuarial Analyst – Balance Sheet Management (Non-Life)Are you an actuarial analyst with a strong background in non-life insurance and a passion for balance sheet optimization? Join a leading financial services provider in supporting the strategic and regulatory needs of clients through cutting-edge actuarial analysis and modelling.
4 days ago