Appointed Actuary Jobs

As an Appointed Actuary, you'll play a vital role in ensuring the financial stability and regulatory compliance of our company. You'll apply your expertise in actuarial principles and risk management to provide valuable insights and guidance. This is an exciting opportunity to contribute to the success of our organization while working in a dynamic and collaborative environment.

Key Responsibilities:

1. Financial Projections: Develop and maintain actuarial models to forecast our financial performance. Analyze insurance liabilities, premiums, and reserves to provide recommendations for our financial success.
2. Risk Assessment: Evaluate the financial risks we face, such as underwriting, investment, and catastrophe risks. Help us make informed decisions to reduce risks and protect our financial health.
3. Product Development: Collaborate with product managers and underwriters to design and improve insurance products. Ensure profitability, proper pricing, and compliance with regulations to drive our business growth.
4. Regulatory Compliance: Stay updated on laws and regulations. Prepare reports, address inquiries, and maintain compliance with actuarial standards.
5. Financial Reporting: Prepare actuarial reports and documentation for stakeholders. Communicate complex concepts clearly to support decision-making.
6. Data Analysis: Analyze large datasets to identify trends and insights. Use statistical techniques and actuarial models to drive data-driven decisions for pricing and risk assessments.
7. Collaboration: Work with cross-functional teams like finance, underwriting, and risk management. Support other departments with actuarial insights for better collaboration and decision-making.
8. Professional Development: Stay informed about advancements in actuarial science and industry trends. Contribute to improving our actuarial practices through research and professional networks.

Qualifications and Skills:

• Strong analytical and problem-solving skills, with proficiency in statistical software and actuarial tools.
• Bachelor's or advanced degree in actuarial science, mathematics, statistics, or a related field.
• Holds professional actuarial certification (FSAI).
• Ability to work independently, prioritize tasks, and meet deadlines.
• Excellent communication skills to effectively convey actuarial concepts to non-technical stakeholders.
• Sound understanding of financial markets, investments, and risk management.
• Minimal 3 years experience as Actuary in Insurance Company.