Insurance & Actuarial

Insurance & Actuarial

Everybody needs insurance, whether they realise it or not.   

In Singapore, insurance is widely accepted. That is why I believe the penetration rate in Singapore could surpass 70% with some people holding up to three policies,” Ben Ng, CEO of AIA Bhd says. 

​In a sense, actuaries attempt to predict the future – not by gazing deep into a crystal ball, but by utilising mathematics, statistics, and theories of finance and risk to calculate and model the probability of future events. Actuaries develop creative solutions to mitigate negative outcomes and protect people and companies from potential harm.  

A report from the Institute and Faculty of Actuaries also suggests that the actuarial profession is continually growing and expanding. “Actuaries are still in short supply around the world and the demand for actuaries will continue to grow as the world expands into new territories, such as artificial intelligence. Actuaries will always be in demand because they are great risk managers and problem solvers.” 

Actuaries can typically change countries more easily than many other financial professionals because their main qualifications – such as the FIA, FSA and FIAA – are internationally recognised, although they also take further examinations to be admitted into their new country’s actuarial society. Most of their core skills are numerically, not regionally, focused.

Most industry analysts expect strong employment growth in the actuarial sector in the next decade, with employment projected to grow 20% from 2018 to 2028, much faster than the average for other occupations, according to figures from the Bureau of Labor Statistics. 

Insurance and Actuarial Jobs

Teilzeit Data Science Consultant inhouse (m/w/d)
€50000 - €70000 per annum, Munich

Als Stratege und Innovationstreiber die Versicherungsbranche digitalisieren. Bei der Entwicklung ...

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50%-Stelle inhouse Data Science Berater (m/w/d)
€55000 - €70000 per annum, Munich

Als Stratege und Innovationstreiber die Versicherungsbranche digitalisieren. Bei der Entwicklung ...

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Manager, Actuarial Services
Negotiable, Pennsylvania

Company Summary: One of the largest and most respected Medicaid managed care organizations in the...

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Actuarial Data Scientist - Remote
Negotiable, New York City

A global reinsurance is looking for an Actuary with Data Science experience to join their Data An...

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Associate Actuary
Negotiable, Austin

A growing insurance company is looking to add an Associate Actuary to work closely with other act...

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Senior Inhouse-Berater (m/w/d) Data Science
€80000 - €140000 per annum, Munich

Als Stratege und Innovationstreiber die Versicherungsbranche digitalisieren. Bei der Entwicklung ...

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AVP Pricing Director
Negotiable, Chicago

Responsibilities of AVP Participate in model development, and evaluation Evaluate and provide tec...

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Catastrophe Modeler
Negotiable, Chicago

Catastrophe Modeler: Chicago, IL or Remote An international specialty insurance company is lookin...

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Senior Servicing Analyst
US$120000 - US$130001 per year, England

An industry leading mortgage lender and financier is looking to build out its loan servicing team...

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