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Actuarial Intern

About Us:

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations. It owns General Reinsurance Corporation and General Reinsurance AG, which conduct 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 more than 40 offices, supported by over 1,500 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.

General Reinsurance Africa Ltd (a subsidiary of General Reinsurance AG) currently offers opportunities for part-time and full time Actuarial Interns in our Cape Town office.

Job Description:

This position will support the Actuarial Pricing Department with day to day operations. The Internship will provide exposure to the broad range of tasks, including:

  • Actuarial analysis and assessment of individual and group life reinsurance portfolios for the purposes of risk management, experience investigations, planning and quotation
  • Pricing of life and health reinsurance contracts, conducting research and producing technical documentation
  • Drawing up reinsurance treaties
  • Supporting product development

Experience/Qualifications:

Applicants should be studying towards a degree in Actuarial Science with successful exam progression.

Requirements

  • Good communication skills
  • Good IT skills (e.g. MS Excel, MS Access, R and SQL)
  • Strong numerical and analytical skills
  • An enquiring mind
  • Strong interpersonal skills with an ability to work effectively as part of a team, deal with people at all levels and in all areas of the business and engage with clients
  • Ability to work with minimum supervision
  • Ability to prioritise, while remaining flexible to deal with changing work demands.

Previously disadvantaged groups will receive preference. Please submit your CV together with details of your salary expectations.

Contact:

Human Resources
careerscapetown@genre.com

Our Address:

2nd Floor, South Wing, Granger Bay Court, Granger Bay, V&A Waterfront,
Cape Town, 8002 (South Africa)
P. O. Box 444 Cape Town, 8000 (South Africa)

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