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

Actuary, Inforce Projections
US$120000 - US$180000 per year, United States of America

A leading life firm is looking for an ambitious, dedicated worker, with high energy and great com...

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Insurance Product & Solutions - Regional Director
Negotiable, Hong Kong

Key Responsibilities: Lead a team of product managers and manage carrier relationships Provide ne...

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Manager Actuarial Services
Negotiable, Alabama

What you'll be responsible for… Commercial/Large Group pricing Managing a team of Actuaries Organ...

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Senior Structurer Credit & Surety
Negotiable, Zurich

About our client Our client is one of the world's leading providers of reinsurance, insurance and...

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Team Lead Release and Quality Management (d/f/m)
€130001 - €170000 per annum, Zurich

One of Switzerland's largest and most influential insurance groups is looking for a Team Lead to ...

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AVP Actuary
Negotiable, New Jersey

AVP - Managing Actuary AVP Managing Actuary - Commercial Lines A leading global insurance company...

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Capital Markets Analyst - DeFi Startup
US$200000 - US$300000 per year, New York

An early stage DeFi startup is looking to add an experienced Capital Markets Analyst. We're looki...

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Assistant Actuary II
Negotiable, Springfield

Responsibilities: Analyze data and apply Actuarial principles Assist with Pricing, Reserving, and...

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Reinsurance Underwriter
Negotiable, Schaumburg

Reinsurance AVP or VP Underwriter Company Summary: A top Property & Casualty Reinsurance Provider...

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