We have seen a significant rise in demand from clients in the insurance, reinsurance, investment and fund administration sectors, particularly for South African professionals supporting teams in the US, UK, Bermuda and the Cayman Islands.
A growing trend that is being felt across the industry, especially by actuaries, is the pace at which private equity firms and asset managers have been buying or backing insurance companies.
In a competitive job market, candidates need to be thoughtful and intentional in their approach when applying and interviewing for jobs.
Most actuaries are aware of contracting as a career path, but many still have questions about how to get started, the pros and cons, and what a typical engagement might look like.