Munich Re
Location
Johannesburg , South Africa
Career Level 3
We are looking for an Actuarial Analyst for our Terms of Trade Team reporting to the Head of Experience Analysis and Terms of Trade in the Life Department.
Established in 1968, our South African office serves life and non-life reinsurance clients across the Sub-Saharan Africa from our hub in Johannesburg. Together with our colleagues globally, we influence, collaborate and can be relied on to tackle the worlds most pressing challenges.
Are you a nearly qualified or fully qualified Actuary who enjoys being part of a team of highly skilled and motivated colleagues? Are you able to relate well to people from different backgrounds and cultures? Do you enjoy working with large data sets to derive assumptions ? If you answered yes to the above then this might be the opportunity for you.
Your Role:
- Update and maintain all Terms of Trade for MRoA
- Maintain the highest standard of technical competence & ensuring global and local guidelines are followed
- Work with the regional office to determine Terms of Trade
- Support overall Life Business strategy & risk management
- Communicate with retail and group pricing teams as well as the valuations team on assumption setting
- Partner with business to provide valuable insight to influence strategy and long term decision making
- TASSA/equivalent actuarial qualification or nearly qualified Actuary
- 2+ years experience deriving assumptions and/or doing experience studies
- Work with complex data and work in a team environment
- Experience with the South African life insurance products and market dynamics
- Numerical, statistical and analytical skills
- Excellent programming skills in actuarial/statistical programming languages
- VBA/Excel
- SQL Server
- R/Python or any relevant software programme
- Life and Health Benefits
- Retirement Benefits
- Hybrid working environment
- Bonus Scheme
- Employee Assistance Program
- Global Mobility
