Actuarial Graduate Trainee: Learning Reserving & IFRS17

Next Insurance, Inc.; Johannesburg; On-site; ZAR 240,000 - 340,000; Full time

Benefits offered by this job

Learning and Development opportunities

Support with Actuarial Exams

12 months fixed term contract

Job summary

Munich Re in Johannesburg is seeking a highly motivated Actuarial Graduate Trainee to join our Non-Life Corporate Actuarial team, with exposure to non-life reserve monitoring and projection, IFRS 17 reporting, regulatory reporting, and business performance analysis across the Sub-Saharan African portfolio.

Your programme includes soft skills and technical training, mentorship from experienced actuaries, and experience across reserving, financial reporting, capital management and business

Qualifications

• Recent Actuarial Science Graduate (Undergraduate/Honours). Due to onboarding timelines, applicants who will only complete their undergraduate degree in 2026 will not be considered for this intake.
• Working knowledge of statistical and mathematical methods and analysis
• Strong attention to detail and commitment to producing high-quality work
• Good written and verbal communication skills
• Ability to learn quickly, manage multiple priorities, and work effectively within a team
• Please include your academic transcript. Applications submitted without an academic transcript may not be considered.

Responsibilities

• Participate in soft skills and technical training
• Receive mentorship and on-the-job training from experienced actuaries
• Gain experience across reserving, financial reporting, capital management and business performance analysis
• Participate in cross-functional workstreams
• Develop a strong understanding of the role of a reserving and reporting actuary within a global reinsurance environment.
• Preparing actuarial reports, presentations, and management information.
• Collaborating with actuaries and stakeholders across the business and globally.

Skills

Analytical ability

Intellectual curiosity

Problem solving

Communication skills

Education

Actuarial Science degree (Undergraduate/Honours)

Job description

Munich Re in Johannesburg is seeking a highly motivated Actuarial Graduate Trainee to join our Non-Life Corporate Actuarial team, with exposure to non-life reserve monitoring and projection, IFRS 17 reporting, regulatory reporting, and business performance analysis across the Sub-Saharan African portfolio.

Your programme includes soft skills and technical training, mentorship from experienced actuaries, and experience across reserving, financial reporting, capital management and business