Insurance & Actuarial

Insurance & Actuarial

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

Manager, Consulting Actuary
Negotiable, Bermuda

Manager, Consulting Actuary Company Summary: A leading global P&C Firm in Bermuda is looking to a...

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Sr Actuarial Analyst
US$75000 - US$95000 per year, New York

An innovative P&C insurer in the Northeast is looking to add a Senior Actuarial Analyst to their ...

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Actuarial Analyst
US$60000 - US$120000 per year, United States of America

A leading professional liability insurer is looking to add an Actuarial Analyst to their team. Th...

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Underwriting Director
US$100000 - US$150000 per year, Los Angeles

A leading reinsurer is looking for a Underwriting Director to join their Facultative Underwriting...

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State Filings Analyst
Negotiable, United States of America

State Filings Analyst Company Summary: A leading P&C insurer and reinsurer is looking to add a Le...

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Associate Actuary - Pricing
Negotiable, Charlotte

A leading reinsurance company is looking to add an Associate Actuary to be responsible for the co...

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Director Actuarial, P&C - Reserving
Negotiable, United States of America

Director Actuarial, P&C - Reserving A leading global insurance company is looking to add a Direct...

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Senior Financial Lines Underwriter
US$80000 - US$130000 per year, United States of America

Senior Financial Lines Underwriter Salary: $80,000 - $130,000 Company Summary: One of the leading...

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Actuary -Life Valuation
US$100000 - US$150000 per year, United States of America

What you'll be doing… You will be responsible for financial reporting that reflects on the overal...

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