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

Product Owner (d/f/m) Mobile Banking
€110000 - €160000 per annum, Zurich

One of Switzerland's largest and most influential insurance groups is looking for a Product Owner...

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SR Actuarial Analyst
Negotiable, Detroit

Primary Duties and Responsibilities: Develops pricing for current or new property/casualty insura...

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Senior Actuarial Analyst (Remote)
Negotiable, United States of America

Junior Actuarial Analyst, Health Insurance A top Health Insurance firm is looking to add an exper...

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Senior Actuarial Analyst
Negotiable, Connecticut

A leader in the PRT industry is looking to add a Sr. Actuarial Analyst to its PRT Pricing team. Y...

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Property Claims Adjuster
US$120000 - US$120001 per year, Texas

Property Claims Adjuster Opportunity Within defined guidelines and framework, investigates, evalu...

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Risk Actuary
US$115000 - US$130000 per year, Philadelphia

Do you enjoy working in the risk space? In a position that provide upper management visibility an...

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Valuations Actuary
US$80000 - US$120000 per year, Washington

Are you looking for your next Life Actuarial role? Do you have experience working in the valuatio...

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Assistant Product Manager
Negotiable, Sarasota

The Personal Lines Property Assistant Product Manager is responsible for assisting the Product Ma...

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Risk Manager - Business Continuity Management
Negotiable, Munich

As a business continuity manager, you will be supporting the business headquarters to establish c...

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