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

Software Engineer
US$100000 - US$150000 per year, Boston

A software engineer that can write code in a fast paced environment. A deep understanding of data...

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Health Actuarial & Economics Project Manager
Negotiable, Florida

A leading health care provider in Florida is looking to hire an Actuarial/Health care Economics M...

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Associate Actuary - Life
Negotiable, New York

A global reinsurance company is looking to add an Associate Actuary to their Valuation/Financial ...

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Software Engineer
US$100000 - US$150000 per year, Boston

Working as a software engineer to build out systems that help process claims to help develop busi...

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Senior Internal Auditor
US$70000 - US$100000 per year, Chicago

Responsibilities: Collaborate in providing assurance services as well as advisory services to var...

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Senior Quantitative Developer
Negotiable, Amsterdam

Job Description As a Quantitative Developer of the CMM unit, you will have an important role in f...

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Senior Data Engineer (m/f/d) InsurTech
€70000 - €90000 per annum, Berlin

Join a growing InsurTech Company in Berlin. You will take on responsibility in the engineering te...

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Actuary
Negotiable, Baltimore

What you'll be doing… Converting Whole, Term, and Universal Life Products from MG-Alfa to GGY-Axi...

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Actuarial Associate
Negotiable, Oregon

A leading health insurer in the Pacific Northwest is looking to hire an actuary to join their tea...

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