Insurance & Actuarial Science

Insurance & Actuarial Science

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.  

In Apr 1, 2019, the Voluntary Health Insurance Scheme (VHIS) initiative introduced by Hong Kong's Food and Health Bureau (FHB) was launched with the aim to regulate hospital insurance plans offered to individuals. It is a good time to work in the actuarial and insurance field. Hong Kong’s Insurance Authority (IA) has released insurance business statistics for 2018, with total gross premiums reaching $514.5 billion HKD in 2018, indicating a year-on-year increase of 5.2%. 

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.” The Hong Kong government also highlighted the shortage on talent supply in the market, in 2018, Hong Kong government has released a list of 11 types of migrants that will be given priority in migrating to the city. No surprise, Actuaries is on the list. 

Insurance and Actuarial Jobs

Director of Data & Analytics
Negotiable, Philadelphia

HYBRID in PHILADELPHIA, PA The nation's leading insurance provider in specialty insurance program...

Apply now
Actuarial Assistant I
Negotiable, Chicago

We have a current opportunity for a Actuarial Assistant I on a permanent basis. The position can ...

Apply now
Actuary, Corporate Actuarial
US$130000 - US$180000 per year, United States of America

What you'll be doing… You will be coordinating the implementation of issues with the valuation le...

Apply now
Actuarial Analyst
US$90001 - US$120000 per year, United States of America

A leading international Reinsurance group is looking to add a P&C Actuarial Analyst to their grow...

Apply now
Director, Life Valuation Actuary
US$135000 - US$165000 per year, New York

As a Life Valuation Actuary, you will play a critical role in assessing the financial risks and l...

Apply now
Senior Agriculture Product Manager
US$160000 - US$185000 per year, United States of America

Seeking a Senior Agriculture Product Manager: Join us to shape the future of commercial insurance...

Apply now
Senior Life Underwriter
US$90000 - US$140000 per year, United States of America

What you'll be doing… Assist in developing and implementing underwriting policies, guidelines, an...

Apply now
Manager, Product Management (Product Analysis)
US$175000 - US$200000 per year, United States of America

Seeking a Senior Commercial Lines Insurance Product Manager: Join us to shape the future of comme...

Apply now
Director, Modeling Actuary
Negotiable, Chicago

A growing life insurance company is building an actuarial team to support their Valuation Modelin...

Apply now