Actuarial Analyst

Johannesburg, Gauteng, South Africa

Job Description


Career Level 3We are currently looking for an Actuarial Analyst reporting to the Head of Life Valuations. Being a member of a small team, you will be accountable for quality analysis and reporting within the Life Valuations Department.
Established in 1968, Munich Reinsurance Company of Africa serves life and non-life reinsurance clients across the Sub-Saharan Africa from our hub in Johannesburg. Together with our colleagues globally, we influence, collaborate and can be relied on to handle the world's most pressing challenges.Your Role:

  • Analysis of valuation data, data checking and data reporting
  • Perform tasks related to quarterly reserving activities: calculation of prospective reserves, IBNR and monitoring of claims experience
  • Assist with regular profitability reporting IFRS17, IFRS9 and SII
  • Assist with running the valuation model to produce cashflows for quarterly and annual reporting
  • Assist with updating and testing the valuation model for annual model and assumption changes
  • Assist with ad hoc investigations and queries for the Life business
Your profile:
  • Bachelor's degree in actuarial or business science
  • At least 4 actuarial exams
  • One or more years of experience
  • Intermediate knowledge of reserving
  • Understanding of life actuarial modelling
  • Some life insurance product knowledge
#LI-HybridAt Munich Re, we embrace and value the interaction of diverse backgrounds, experiences, perspectives and thought. This interaction is our foundation of our open culture and spirit of partnership. It shapes how our teams are built and cultivated and how we are supported and developed. And at the center of this interaction is each of us.

Munich Re

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Job Detail

  • Job Id
    JD1355273
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned