1 Senior Actuarial Analyst Insurance jobs in WhatJobs Direct
Senior Actuarial Analyst - Insurance
Posted 5 days ago
Job Viewed
Job Description
Our client, a leading insurance provider, is seeking a highly analytical and detail-oriented Senior Actuarial Analyst. This is a fully remote position, offering an excellent opportunity to work with complex data and contribute to strategic financial planning. You will be responsible for developing, analyzing, and validating actuarial models to support pricing, reserving, and risk management functions across various insurance lines. The ideal candidate will possess a strong foundation in actuarial science, advanced quantitative skills, and proficiency in statistical modeling software. Your responsibilities will include analyzing insurance risks, forecasting future claims and financial outcomes, and providing insights to inform business decisions. Collaboration with underwriting, claims, and finance departments is crucial. You must have excellent communication skills to present complex actuarial findings clearly to both technical and non-technical audiences. Experience with life, health, or general insurance products is highly valued. Actuarial exam progress is essential for this role.
Key Responsibilities:
Key Responsibilities:
- Develop, implement, and maintain actuarial models for pricing, reserving, and financial projections.
- Analyze insurance data to identify trends, assess risks, and forecast future liabilities.
- Perform profitability studies and provide recommendations for product development and pricing strategies.
- Support the reserving process by evaluating and validating claim reserves.
- Conduct sensitivity analyses and scenario testing to assess financial risks.
- Collaborate with underwriting, claims, product management, and finance teams to provide actuarial expertise.
- Prepare actuarial reports and presentations for management and regulatory bodies.
- Stay current with industry regulations, best practices, and emerging actuarial techniques.
- Utilize actuarial software and tools (e.g., Prophet, R, Python, SQL) to perform analyses.
- Mentor junior actuarial staff and contribute to their professional development.
- Ensure the accuracy and integrity of actuarial data and calculations.
- Contribute to the development and enhancement of internal controls and processes.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- Progress towards actuarial exams (e.g., ASA, FSA, ACAS, FCAS) is required; completion is a strong plus.
- Minimum of 5 years of experience in the insurance industry, with a focus on actuarial analysis.
- Proven experience in pricing, reserving, or financial modeling.
- Strong quantitative and analytical skills, with a deep understanding of probability, statistics, and financial mathematics.
- Proficiency in actuarial modeling software and programming languages (e.g., R, Python, SQL, VBA).
- Excellent problem-solving abilities and attention to detail.
- Strong written and verbal communication skills, with the ability to explain complex concepts clearly.
- Ability to work independently and manage multiple projects simultaneously in a remote environment.
- Experience with data visualization tools is a plus.
- Knowledge of various insurance lines (life, health, general) is beneficial.
Is this job a match or a miss?
This advertiser has chosen not to accept applicants from your region.
Be The First To Know
About the latest Senior actuarial analyst insurance Jobs in Kenya !
0