Remote Senior Actuarial Analyst

Our client, a renowned financial services group, is seeking an accomplished Senior Actuarial Analyst to join their esteemed team on a fully remote basis. This role offers the unique advantage of working from any location in South Africa while contributing to critical actuarial functions. The Senior Actuarial Analyst will be responsible for performing complex actuarial calculations, developing pricing models, assessing reserves, and providing insights into financial risks and opportunities.

The ideal candidate will possess a strong mathematical aptitude, advanced analytical skills, and a comprehensive understanding of actuarial principles and regulations applicable to the South African insurance market. This position is pivotal in ensuring the financial health and strategic planning of the company, offering significant challenges and opportunities for professional growth. We are looking for a highly motivated and detail-oriented professional who can deliver high-quality actuarial insights in a distributed work environment, supporting operations that may extend to areas like East London, Eastern Cape.

• Perform complex actuarial analyses, including pricing, reserving, and financial modeling for various insurance products.
• Develop, implement, and validate actuarial models and methodologies.
• Assess and quantify financial risks and liabilities related to insurance contracts.
• Contribute to the preparation of regulatory financial statements and solvency reports.
• Provide actuarial insights and recommendations to support business strategy, product development, and risk management.
• Collaborate with underwriting, claims, and finance departments to ensure data accuracy and alignment of actuarial assumptions.
• Mentor and guide junior actuarial staff in their technical development and project work.
• Stay current with advancements in actuarial science, industry best practices, and regulatory changes in the South African insurance landscape.
• Present complex actuarial findings and recommendations to senior management and other stakeholders.
• Ensure the integrity and accuracy of all actuarial data and calculations performed.

• Passed actuarial exams equivalent to ACSR/ASA or higher (e.g., completion of Fellowship exams).
• Minimum of 5 years of relevant actuarial experience in the insurance industry.
• Strong quantitative, analytical, and problem-solving skills.
• Proficiency in actuarial software (e.g., Prophet, Moody's), statistical packages (e.g., R, Python), and database management (SQL).
• Excellent understanding of South African insurance regulations and accounting standards (e.g., IFRS 17).
• Exceptional written and verbal communication skills, with the ability to explain technical concepts clearly.
• Proven ability to work independently, manage multiple projects, and meet tight deadlines in a remote setting.
• Strong attention to detail and commitment to accuracy.
• Experience with life, health, or short-term insurance is desirable, regardless of your remote location, even if historically connected to East London, Eastern Cape.

• Highly competitive salary and performance-based bonuses.
• Comprehensive medical, dental, and vision insurance.
• Generous retirement savings plan with employer contributions.
• Significant support for professional development, including exam support and study leave.
• Home office setup allowance and ongoing technology support.
• Flexible working hours to promote an optimal work-life balance.
• Opportunities for international collaboration and exposure to global best practices.
• Access to cutting-edge actuarial tools and resources.