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

Manager, Consulting Actuary
Negotiable, Bermuda

Manager, Consulting Actuary Company Summary: A leading global P&C Firm in Bermuda is looking to a...

Apply now
Sr Actuarial Analyst
US$75000 - US$95000 per year, New York

An innovative P&C insurer in the Northeast is looking to add a Senior Actuarial Analyst to their ...

Apply now
Actuarial Analyst
US$60000 - US$120000 per year, United States of America

A leading professional liability insurer is looking to add an Actuarial Analyst to their team. Th...

Apply now
Underwriting Director
US$100000 - US$150000 per year, Los Angeles

A leading reinsurer is looking for a Underwriting Director to join their Facultative Underwriting...

Apply now
State Filings Analyst
Negotiable, United States of America

State Filings Analyst Company Summary: A leading P&C insurer and reinsurer is looking to add a Le...

Apply now
Associate Actuary - Pricing
Negotiable, Charlotte

A leading reinsurance company is looking to add an Associate Actuary to be responsible for the co...

Apply now
Director Actuarial, P&C - Reserving
Negotiable, United States of America

Director Actuarial, P&C - Reserving A leading global insurance company is looking to add a Direct...

Apply now
Senior Financial Lines Underwriter
US$80000 - US$130000 per year, United States of America

Senior Financial Lines Underwriter Salary: $80,000 - $130,000 Company Summary: One of the leading...

Apply now
Actuary -Life Valuation
US$100000 - US$150000 per year, United States of America

What you'll be doing… You will be responsible for financial reporting that reflects on the overal...

Apply now