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

Senior Legal & Compliance Officer (DUS or LUX)
Negotiable, Düsseldorf, Nordrhein-Westfalen

An international commercial and industrial insurance firm is looking for a dedicated Senior Legal...

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Customer Experience Manager
Negotiable, Singapore

My client, a leading multi-national Insurer is looking to add a Customer Journey Manager to its ...

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Group-level Insurance Manager
Negotiable, Singapore

Group Insurance Manager (Director-Level) | Large Regional Conglomerate| Singapore This is an op...

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Chief Actuary
Negotiable, New York, USA

Chief Actuary, New York This publicly-traded lean insurance company, which was established ove...

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Associate, Advanced Analytics, Insurance Firm, Singapore
Negotiable, Singapore

Key Responsibilities of Associate, Advanced Analytics with the Insurance Firm: Work with the A...

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Senior Actuary - Model Design
Negotiable, Indianapolis, Indiana

A leading life insurance company is looking to fill a Model Design position. This opportunity is...

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Quantitative Risk Actuary
Additional Benefits, Dallas, Texas

Have you ever wondered what it would be like to be an actuary in the quantitative and investment...

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Senior Pricing Actuary
Negotiable, New York, USA

A top global re-insurance firm is looking to fill a Senior Pricing role. This position is going ...

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Senior P&C Risk Analyst
Negotiable, Dallas, Texas

Requirements: -Minimum 6 years of Risk Analysis experience -At least 4 years of experience wit...

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