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

Assumptions Actuary - Remote
US$85000 - US$120000 per year, Chicago

Are you looking for a role that allows you to expand your knowledge of the actuarial space? Looki...

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VP, Health Solutions Actuary
US$200001 - US$280000 per year + Bonus, LTI, Chicago

All global reinsurance firm is looking to add a seasoned VP, Heath Solutions Actuary to head out ...

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Senior Actuary
Negotiable, Austin

A P&C insurance firm is looking to add on a Senior Actuary to their growing professional liabilit...

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*Director - Client Analytics
Negotiable, Florida

An innovative Insurtech is looking to hire a seasoned Director of Client Analytics to join their ...

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Senior Actuarial Analyst
Negotiable, United States of America

Responsibilities Include: Evaluate trends and design innovative pricing, reserving, and claim tre...

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*Director - Healthcare Economics
Negotiable, Florida

An innovative Insurtech is looking to hire a seasoned Director of Healthcare Economics to join th...

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Healthcare Actuarial Consultants
Negotiable, United States of America

Job functions: Be responsible for all aspects of healthcare consulting - including plan design, f...

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Senior Actuarial Analyst - Personal Auto
Negotiable, Chicago

We have a current opportunity for a Sr. Actuarial Analyst with a growing P&C carrier based in the...

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Senior Actuarial Analyst (Remote)
Negotiable, Pennsylvania

An innovative health plan in the Northeast is looking to bring on a Senior Actuarial Analyst to t...

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