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, Munich Reinsurance Company of Africa serves life and non-life reinsurance clients across Sub-Saharan Africa from our hub in Johannesburg. Together with our colleagues globally, we influence, collaborate, and can be relied on to tackle the world's 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 MRoAMaintain the highest standard of technical competence & ensuring global and local guidelines are followedWork with the regional office to determine Terms of TradeSupport overall Life Business strategy & risk managementCommunicate with retail and group pricing teams as well as the valuations team on assumption settingPartner with business to provide valuable insight to influence strategy and long term decision makingYour profile: TASSA/equivalent actuarial qualification or nearly qualified Actuary2+ years' experience deriving assumptions and/or doing experience studiesWork with complex data and work in a team environmentExperience with the South African life insurance products and market dynamicsNumerical, statistical and analytical skillsExcellent programming skills in actuarial/statistical programming languagesVBA/ExcelSQL ServerR/Python or any relevant software programmeAt Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives, and thought. This interaction is our foundation of our open culture and spirit of partnership. It shapes how our teams are built and cultivated and how we are supported and developed. And at the center of this interaction is each of us.
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