Job Description

Risk Trainee

Munich Reinsurance Company of Africa Limited (MRoA) has been operating in South Africa for over 50 years, although the Munich Re (Group) was active on the Continent via Munich Re in Munich for some years before commencing the Southern African operation in Johannesburg in 1968. The Head Office of MRoA is in Johannesburg, with a client service Life office situated in Cape Town.

Are you a recent graduate who enjoys being part of a team and is able to relate well to people from different backgrounds and cultures? Are you techno-savvy with good analytical, interpersonal and communications skills? If you answered yes to the above then this might be the opportunity for you.

Your Programme:

As a Graduate at Munich Re of Africa, you will be expected to:

• Take part in Soft Skills and Technical training
• Contribute to all analyses and review tasks performed to satisfy the requirements of the Risk Function.
• Contribute to the quality assurance of the Internal Control System (ICS)
• Contribute to the reporting of risk-related topics within the Company to fulfil the disclosure responsibilities under SAM
• May present to and train staff members on risk-related topics, including fulfilling a role as risk consultant to the business.
• Support business to further develop the Company risk culture
• Collection of relevant information for risk monitoring, including updating of the risk event log, measures etc.
• Support the team on latest risk management, business continuity management and information-security management tasks and deliverables.
• Review risk management policies and guidelines and assessing the appropriateness thereof.
• Help organise and conduct workshops for internal stakeholders.
• Participate in team specific tasks and deliverables as required

Your profile:

• BCom Economics, Risk and Investment management.
• An excellent academic record (Average above 65%).
• 1-2 years' work experience in enterprise risk management would be beneficial.
• Driven and passionate individual.
• Report writing and documentation skills.
• The ability to analyse and interpret risk management information.
• Make decisions and work towards meeting deadlines.
• The ability to support and co-ordinate projects; and
• The ability to work under pressure.

What we offer:

• Work/Life balance
• Great working environment
• Learning and development opportunities
• 12 month fixed term contract (with a possible 12-month extension)

You will work in an environment where we aspire to think big: Change and culture are challenged. We communicate a compelling and shared purpose and direction. We pave the way towards success and see failure as learning.
You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.
We aim to communicate in a clear & authentic way: We solicit feedback, ask and listen, learn and unlearn.
You will grow with your clients: Whatever our role, we support business, in a thoughtful way, to create value for our clients. We embrace new ways of working applying digitalization to provide solutions.
We lead the We: We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.

#LI-Hybrid

This is a 12 month contract and will be based in Johannesburg, South Africa.

The closing date for this opening is 16 February 2024. Please note that we communicate by email. Please check your spam folders for communication from us. We respond to all applications received via our careers page and do not accept applications received by email.
Please apply to the advert or through our careers page. We do not accept CV's by email. We do respond by email to all applications received through our advert. If you have not heard from us, please check your spam email folder.

If you have any queries, please contact the Talent Acquisition Specialist, Sumenthra Kander at Skander@munichre.com.

About Munich Re:
Founded in 1880, Munich Re Group is on the world's leading providers of primary insurance, reinsurance and insurance related risk solution. As pioneers in risk assessment, we promote the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, from high net worth individual life cover to pandemic, we take care of risk, so our clients can take care of their business.

Disclaimer:

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.

Munich Re