Segment Pricing Actuary (Australia & NZ)

Gen Re; Cape Town; On-site; ZAR 600,000 - 800,000; Full time

Job summary

A leading reinsurance company in Cape Town is seeking a Segment Pricing Actuary with strong technical and communication skills. The role involves developing pricing bases for Australia and New Zealand, managing existing treaties, and supporting tenders. Ideal candidates should be qualified actuaries with at least 5 years of experience in retail business pricing and a collaborative approach to work.

Qualifications

• Minimum of 5 years experience in pricing of retail business.
• Prepared to work across multiple time zones.
• Exposure to mortality and morbidity experience studies.

Responsibilities

• Develop Terms of Trade / Pricing Bases for Australia and New Zealand.
• Manage In-force treaties and pricing reviews.
• Support with tenders from existing and new clients.

Skills

Strong technical skills

Excellent communication skills

Collaborative working style

Ability to work independently

Education

Qualified actuary

Tools

VBA

SQL

R

Job description

Overview

Shape Your Future With Us

General Re Corporation, a subsidiary of , is a holding company for global reinsurance and related operations, with more than 2,000 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, 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 subsidary of General ReinsuranceAG) is offering an opportunity for Segment Pricing Actuary (Australia & NZ) in our Life Australia, UK, SA, Canada division.

Key Responsibilities

Gen Re currently offers an excellent opportunity for a Segment Pricing Actuary (Australia & NZ) based in our Cape Town office. A fantastic opportunity for exposure to new markets.

This role is for a pricing actuary to join our Segment pricing team based in Cape Town, working closely with our Australian office to provide support with pricing, in-force management and development of bases for Australia and New Zealand. The ideal candidate will possess strong technical skills, communication skills and an in-depth knowledge of the Life Health insurance and reinsurance industry.

Primary responsibilities for this role will be :

• Responsible for the development of Terms of Trade / Pricing Bases for Australia and New Zealand
• Responsible for management of In-force treaties and pricing reviews on existing business
• Support with tenders from existing and new clients
• Risk Exposure assessment and management

Qualifications & Experience

Essential :

• Qualified actuary with a minimum of 5 years experience
• Experience in pricing of retail business
• 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
• Exposure to mortality and morbidity experience studies

Desired :

• Reinsurance pricing experience would be an advantage
• Experience of Australian and / or New Zealand life insurance an advantage
• Actuarial modelling skills (GGY Axis an advantage)
• Coding skills in VBA, SQL, R or other statistical coding environments
• An interest in analytics and modelling mortality / morbidity experience