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

Junior Wealth Planner, Private Bank (Trust)
HK$500000 - HK$900001 per annum, Hong Kong

Job Responsibilities To provide high quality wealth advisory services and support to relationship...

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Senior Actuary
US$100001 - US$160000 per year, Manhattan

Do you enjoy being a part of a company that truly cares for your career growth and development? A...

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Actuary, E&S Spec
Negotiable, New York

Senior Actuary - Programs (NY or Remote) A leading global insurance company is looking to add an ...

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Actuarial Pricing Manager
Negotiable, Ohio

Actuarial Pricing Manager (Remote) A leading global insurance company is looking to add an Actuar...

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E&S Actuary Manager
Negotiable, New York

Actuarial Manager - E&S (New York, Ohio, or Full Time Remote) A leading global insurance company ...

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Actuarial Analyst II
Negotiable, Michigan

Senior Actuarial Analyst - Reinsurance (Full Time Remote) A leading global reinsurance company is...

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Actuary - Pricing/Product Development
Negotiable, New York

A leading life insurance company is looking to add an Actuary to their Life Pricing and Product D...

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Head of North Americ
Negotiable, New York

One of the worlds leading insurance providers is looking for an individual to lead it's ERM team ...

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Senior Actuarial Associate
Negotiable, Colorado

One of the nations largest and leading health care providers is looking to hire a Senior Actuaria...

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