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 - Annuity Hedging
Negotiable, Cincinnati

A leading life insurance company is looking for an actuary to oversee the Annuity Product Hedge ...

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Senior Tax Manager
US$130000 - US$150000 per year, Hartford

Responsibilities * Manage tax compliance activities performed by Big 4 Firms via a co-sourcin...

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Actuarial Manager
Negotiable, Florida

Actuarial Manager - Personal Lines A leading global insurance company is looking to add a Actua...

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Sr. Actuarial Analyst
Negotiable, Chicago

Sr. Actuarial Analyst - Insurance & Reinsurance Pricing A leading global insurance/reinsurance ...

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Hedging Actuary
US$90000 - US$115000 per year, Des Moines

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

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VP Actuary
US$200000 - US$250000 per year, Manhattan

Are you looking for a unique actuarial position? A role where you are encouraged to constantly t...

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Negotiable, Austin

A leading life insurance company is looking for an Actuary to join their Product Development are...

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Senior Manager Insurance Transformation
Negotiable, Köln

Senior Manager Insurance Transformation We are currently working with one of Germany's fastest g...

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Senior Financial Risk Analyst
Negotiable, Minneapolis

A global financial services company is looking for a Senior Risk Analyst to join their Insurance...

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