Segment Pricing Actuarial Associate (Australia & Nz)

Faraday; Cape Town; On-site; ZAR 500 000 - 700 000; Full time

Job summary

A global reinsurance firm in Cape Town is seeking a Segment Pricing Actuarial Associate. The role involves pricing new reinsurance quotations and improving pricing models. Candidates should have a minimum of 3 years experience in actuarial and excellent communication skills. This position offers a collaborative work environment and opportunities for professional growth.

Qualifications

• Minimum of 3 years experience in actuarial.
• Prepared to work across multiple time zones.
• Ability to work independently.

Responsibilities

• Price new reinsurance quotations for group and retail business.
• Improve pricing models.
• Support repricing and monitoring of existing treaties.

Skills

Actuarial student

Pricing experience

Excellent communication skills

Collaborative working style

Actuarial modelling skills

Coding skills in VBA, SQL, R

Tools

GGY Axis

Prophet

Moses

MoNet

Job description

Shape Your Future With Us General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2, employees worldwide.

It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re. Gen Re delivers reinsurance solutions to the Life / Health and Property / Casualty insurance industries.

Represented in all major reinsurance markets through a network of 37 offices, we have earned superior financial strength ratings from each of the major rating agencies.

We value diversity, equality and inclusion and promote a culture that supports professional and personal growth. General Reinsurance, Cape Town Branch (a subsidiary of General Reinsurance AG) is offering an opportunity for Segment Pricing Actuarial Associate (Australia & NZ) in our Life Australia, UK, SA, Canada division.

Key Responsibilities

• To price new reinsurance quotations for group and retail business
• Building and improving pricing models
• Supporting the repricing and monitoring of existing treaties
• Pricing new products and evaluating new product development features
• Supporting the maintenance of terms of trade

Qualifications & Experience

• Actuarial student with a minimum of 3 years experience
• Experience in pricing of group or retail business or valuation experience
• Prepared to work across multiple time zones
• Highly collaborative in working style & approach
• Able to work independently
• Excellent communication skills that enables them to summarise complex information
• Reinsurance pricing experience would be an advantage
• Experience of Australian and / or New Zealand life insurance an advantage
• Actuarial modelling skills (GGY Axis, Prophet, Moses or MoNet)
• Coding skills in VBA, SQL, R or other statistical coding environments
• An interest in analytics and modelling mortality / morbidity experience

Contact Human Resources Our Address General Reinsurance Africa Ltd. (Reinsurer licensed to conduct composite insurance business) 2nd Floor, Waterway House North, 3 Dock Road V&A Waterfront, Cape Town, (South Africa)

Employment Equity

• (South Africa) Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act and our employment equity policy.