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


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.
7 days ago


Actuarial Pricing Specialist
Location: Johannesburg
Salary:
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!
18 days ago


Actuarial Pricing Specialist (Short-term pricing)
Location: Johannesburg
Salary:
actuarial Pricing specialists – Shape the Future with Data!
42 days ago


Actuarial Analyst - Life
Location: Pretoria
Salary:
68 days ago


Actuarial Analyst (Pricing)
Location: Johannesburg
Salary:
90 days ago


Actuarial Analyst
Location: Johannesburg
Salary:
Are you an analytically sharp actuarial professional ready to shape the future of micro-insurance? This is your chance to join a vibrant and innovative team where your expertise in data, pricing, and valuations will directly impact lives.
5 days ago


Senior Manager – Market Risk & Treasury (Financial Risk Management)
Location: Johannesburg
Salary:
An exciting opportunity is available for an experienced Senior Manager to join a leading Financial Risk Management practice, specializing in Market and Treasury Risk. If you’re passionate about managing market, credit, and liquidity risk within the banking and financial services sector, then this one’s for you.
5 days ago


Market Risk Senior Manager (Financial Risk Management)
Location: Johannesburg
Salary:
A leading global professional services firm is seeking a highly skilled Senior Manager to join their Financial Risk Management – Market Risk team. If you are passionate about creating a safer and more resilient financial system, and thrive in a collaborative, fast-paced environment, then this role is for you.
7 days ago


Financial Modelling Analyst
Location: Johannesburg
Salary:
Are you a master of numbers with a sharp eye for detail? Passionate about building financial models that influence high-stakes decisions? We’re seeking a Financial Modelling specialist to lead forecasting, budgeting, and investment strategy in the dynamic world of mining.
7 days ago