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Actuarial Analyst

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 2,000 employees worldwide. 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, 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 an opportunity for an Actuarial Analyst in the Research & Analytics team in our Cape Town office.

Your Role

This is a challenging and rewarding role involving multiple work areas both locally and internationally:

  • Internal and external research relating to pricing, products, underwriting, claims and other areas within life insurance
  • Understanding data and applying modern analytical techniques to the data
  • Implementing practical changes based on research and analytics in various areas of business
  • Support of analysis and assessment of life and health reinsurance portfolios for the purposes of risk management, experience studies, planning and quotations
  • Supporting large research projects and surveys
  • Presentations and training measures for clients
  • Marketing activities, including giving presentations at conferences and writing articles
  • This is not only a South African role and responsibilities include supporting business and clients in the United Kingdom and Canada. In addition, this role will involve working with colleagues from the United States, Germany and other countries.

Your Profile

We are looking for top applicants that have graduated with degrees in Actuarial Science and have completed or have received exemptions for the Core Technical examinations.

Applicants should have experience in applying statistical and machine learning techniques in financial services or related business to solve problems in practical and implementable way.

Applicants with qualifications in statistics, mathematics or computer sciences with relevant experience may also be considered.

Requirements
  • Good skills in actuarial modelling, data and statistical analysis
  • Good online research skills
  • Commercial awareness
  • Excellent numerical and analytical skills
  • Excellent IT skills (MS Office, SQL Server, Working with large datasets)
  • Strong statistical software skills (R including machine learning, for example GLMs)
  • 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
  • Strong communication skills including verbal and written skills with the ability to summarise and explain complex information clearly and concisely
  • Willingness to travel locally (and internationally from time to time)

Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act and in line with our employment equity policy.

Interested?

If you are interested in this position, please submit your CV together with details of your salary expectations and in your cover letter please let us know what interests you about the role and why you think you would be right for the position. Submissions should be sent to careerscapetown@genre.com.

Candidates must be legally eligible to work in South Africa. Preference will be given to previously disadvantaged candidates.

Closing Date: 21 February 2021

Please note, only successful applicants will be contacted.

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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