45 Actuary jobs in South Africa

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 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 37 offices , 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 subsidiary of General Reinsurance AG), is offering an opportunity for Reserving Actuary in our Life Australia, UK, SA, Canada division.

• Assist with financial reporting on a US GAAP and IFRS basis
• Assist with regulatory reporting for SAM and Solvency II
• Engage with internal and external auditors after the year-end
• Assist with system design developments required from a US GAAP LDTI and IFRS 17 perspective
• Analyze valuation data and results to gain insight into the business
• Develop and maintain tools to analyze actuarial data for management and regulatory reporting
• Monitor and provide management information
• Participate in international projects (e.g., US GAAP LDTI / IFRS 17 / Admin Data Systems projects)
• Automate models and business processes
• Analyze and assess valuation data for experience studies or assumption setting

• Qualified actuary with at least 3 years’ experience
• Excellent IT skills (MS Office, SQL Server, working with large datasets)
• Strong problem-solving skills, especially in new situations or with clients
• Excellent actuarial modeling, data, and statistical analysis skills
• Knowledge of R, Python, and GGY AXIS is advantageous
• Strong numerical and analytical skills
• Pursuit of excellence in execution and delivery
• Self-motivated with a flexible attitude and enthusiasm
• Excellent verbal and written communication skills
• Ability to work independently
• Strong interpersonal skills and ability to work effectively in a team
• Ability to work under pressure to meet deadlines
• Confidence in communicating with senior team members
• Knowledge of SAM, Solvency II, and IFRS 17 is advantageous

Human Resources

General Reinsurance Africa Ltd.

2nd Floor, Waterway House North, 3 Dock Road V&A Waterfront,
Cape Town, 8001, South Africa

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

General Re Corporation, a subsidiary of (Parent Company) , 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 (network details) , 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 subsidiary of General Reinsurance AG), is offering an opportunity for a Reserving Actuary in our Life Australia, UK, SA, Canada division.

Key Responsibilities

Gen Re is looking for an actuary with 3-6 years of experience to join our valuations team. The position will report to the Reserving Manager.

• Assist with financial reporting on a US GAAP and IFRS basis
• Assist with regulatory reporting for SAM and Solvency II
• Engage with internal and external auditors after the year-end
• Assist with system design developments required for US GAAP LDTI and IFRS 17
• Analyse valuation data and results to gain insights into the business
• Develop and maintain tools to analyse actuarial data for management and regulatory reporting
• Monitor and provide management information
• Participate in international projects (e.g., US GAAP LDTI, IFRS 17, Data Systems projects)
• Automate models and business processes
• Analyse and assess valuation data for experience studies or assumption setting

Qualifications & Experience

• Qualified actuary with at least 3 years of experience
• Strong IT skills (MS Office, SQL Server, large datasets)
• Problem-solving skills, especially in new situations or with clients
• Proficiency in actuarial modelling, data analysis, and statistics
• Knowledge of R, Python, GGY AXIS is advantageous
• Excellent numerical and analytical skills
• Commitment to excellence in execution and delivery
• Self-motivated, flexible, enthusiastic
• Excellent communication skills, both verbal and written
• Ability to work independently and in teams
• Ability to meet deadlines under pressure
• Confidence in communicating with senior team members
• Knowledge of SAM, Solvency II, IFRS 17 is advantageous

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 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 37 offices , 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 subsidiary of General Reinsurance AG) is offering an opportunity for Reserving Actuary in our Life Australia, UK, SA, Canada division.

Key Responsibilities
Gen Re is looking for an actuary with 3-6 years working experience to join our valuations team. The position will report to the Reserving Manager.

• Assist with financial reporting on a US GAAP and IFRS basis
• Assist with regulatory reporting for SAM and Solvency II
• Engaging with internal and external auditors after the year end
• Assist with any further system design developments required from a US GAAP LDTI and IFRS 17 perspective
• Analyse valuation data and results to gain a deeper understanding and insight into the business
• Development and maintenance of tools to analyse actuarial data to enhance management and regulatory reporting
• Monitoring and provision of management information
• Participation in international projects (for example US GAAP LDTI / IFRS 17 / Admin Data Systems projects)
• Automation of models and business processes
• Analyse and assess the valuation data for the purpose of experience studies or assumption setting.

Qualifications & Experience

• Qualified actuary with a minimum of 3 years’ experience
• Excellent IT skills (MS Office, SQL Server, working with large datasets)
• Strong problem-solving skills, particularly when in new situations or dealing with clients
• Excellent skills in actuarial modelling, data, and statistical analysis
• Strong statistical software skills (Knowledge of R, Python and GGY AXIS will be advantageous)
• Excellent numerical and analytical skills
• Consistent pursuit of excellence in execution and delivery
• Self-motivated with a flexible attitude and enthusiasm for the role
• Excellent verbal and written communication skills
• Ability to work with minimum supervision
• 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
• Able to work under pressure in meeting internal and external deadlines
• Confident when communicating with more senior team members/colleagues throughout the organisation
• Knowledge of SAM, Solvency II and IFRS 17 will be advantageous

Contact
Human Resources

Our Address

General Reinsurance Africa Ltd.

(Reinsurer licensed to conduct composite insurance business)

2nd Floor, Waterway House North, 3 Dock Road V&A Waterfront,
Cape Town, 8001 (South Africa)

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

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 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 37 offices , 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 subsidiary of General Reinsurance AG), is offering an opportunity for a Pricing Actuary in our Life Australia, UK, SA, Canada division.

• Preparing quotations for new business and reviews of existing business for both Group and Individual Life business across multiple product lines.
• Analyzing and assessing life and health reinsurance portfolios for risk management, experience studies, planning, and quotation.
• Developing new products and assisting clients with revisions to existing products.
• Monitoring and providing management information statistics.
• Maintaining the company’s pricing guidelines, pricing tools, and treaty wording standards.
• Undertaking focused research to generate competitive advantage through superior understanding of risk.
• Building the company's image as a thought leader through client interactions, industry involvement, publications, and presentations.
• Managing client relationships.

• Qualified actuary with a minimum of 3 years’ experience.
• Prior work experience in life insurance pricing, product development, or reinsurance is an advantage.
• Strong numerical and analytical skills with a methodical work approach.
• Ability to multi-task and work under pressure to meet deadlines.
• Strong problem-solving skills, especially in new situations or client interactions.
• Ability to build strong relationships internally and externally.
• Excellent verbal and written communication skills.
• Commitment to excellence in execution and delivery.
• Excellent IT skills (MS Office, SQL Server, R, working with large datasets).
• Ability to work independently with minimal supervision.

Human Resources

General Reinsurance Africa Ltd.

(Reinsurer licensed to conduct composite insurance business)

2nd Floor, Waterway House North, 3 Dock Road, V&A Waterfront,
Cape Town, 8001, South Africa

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

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 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 37 offices , 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 subsidiary of General Reinsurance AG), is offering an opportunity for a Pricing Actuary in our Life Australia, UK, SA, Canada division.

• Preparing quotations for new business and reviews of existing business for both Group and Individual Life business across multiple product lines.
• Analyzing and assessing life and health reinsurance portfolios for risk management, experience studies, planning, and quotation.
• Developing new products and assisting clients with revisions to existing products.
• Monitoring and providing management information statistics.
• Maintaining the company’s pricing guidelines, pricing tools, and treaty wording standards.
• Undertaking focused research to generate competitive advantage through superior understanding of risk.
• Building the company's image as a thought leader through client interactions, industry involvement, publications, and presentations.
• Managing client relationships.

• Qualified actuary with a minimum of 3 years’ experience.
• Prior work experience in life insurance pricing, product development, or reinsurance is an advantage.
• Strong numerical and analytical skills with a methodical work approach.
• Ability to multi-task and work under pressure to meet deadlines.
• Strong problem-solving skills, especially in new situations or client interactions.
• Ability to build strong relationships internally and externally.
• Excellent verbal and written communication skills.
• Commitment to excellence in execution and delivery.
• Excellent IT skills (MS Office, SQL Server, R, working with large datasets).
• Ability to work independently with minimal supervision.

Human Resources

General Reinsurance Africa Ltd.

(Reinsurer licensed to conduct composite insurance business)

2nd Floor, Waterway House North, 3 Dock Road, V&A Waterfront,
Cape Town, 8001, South Africa

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

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 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 37 offices , 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 subsidiary of General Reinsurance AG) is offering an opportunity for Reserving Actuary in our Life Australia, UK, SA, Canada division.

Key Responsibilities
Gen Re is looking for an actuary with 3-6 years working experience to join our valuations team. The position will report to the Reserving Manager.

• Assist with financial reporting on a US GAAP and IFRS basis
• Assist with regulatory reporting for SAM and Solvency II
• Engaging with internal and external auditors after the year end
• Assist with any further system design developments required from a US GAAP LDTI and IFRS 17 perspective
• Analyse valuation data and results to gain a deeper understanding and insight into the business
• Development and maintenance of tools to analyse actuarial data to enhance management and regulatory reporting
• Monitoring and provision of management information
• Participation in international projects (for example US GAAP LDTI / IFRS 17 / Admin Data Systems projects)
• Automation of models and business processes
• Analyse and assess the valuation data for the purpose of experience studies or assumption setting.

Qualifications & Experience

• Qualified actuary with a minimum of 3 years’ experience
• Excellent IT skills (MS Office, SQL Server, working with large datasets)
• Strong problem-solving skills, particularly when in new situations or dealing with clients
• Excellent skills in actuarial modelling, data, and statistical analysis
• Strong statistical software skills (Knowledge of R, Python and GGY AXIS will be advantageous)
• Excellent numerical and analytical skills
• Consistent pursuit of excellence in execution and delivery
• Self-motivated with a flexible attitude and enthusiasm for the role
• Excellent verbal and written communication skills
• Ability to work with minimum supervision
• 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
• Able to work under pressure in meeting internal and external deadlines
• Confident when communicating with more senior team members/colleagues throughout the organisation
• Knowledge of SAM, Solvency II and IFRS 17 will be advantageous

Contact
Human Resources

Our Address

General Reinsurance Africa Ltd.

(Reinsurer licensed to conduct composite insurance business)

2nd Floor, Waterway House North, 3 Dock Road V&A Waterfront,
Cape Town, 8001 (South Africa)

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

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 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 37 offices , 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 subsidiary of General Reinsurance AG), is offering an opportunity for Reserving Actuary in our Life Australia, UK, SA, Canada division.

• Assist with financial reporting on a US GAAP and IFRS basis
• Assist with regulatory reporting for SAM and Solvency II
• Engage with internal and external auditors after the year-end
• Assist with system design developments required from a US GAAP LDTI and IFRS 17 perspective
• Analyze valuation data and results to gain insight into the business
• Develop and maintain tools to analyze actuarial data for management and regulatory reporting
• Monitor and provide management information
• Participate in international projects (e.g., US GAAP LDTI / IFRS 17 / Admin Data Systems projects)
• Automate models and business processes
• Analyze and assess valuation data for experience studies or assumption setting

• Qualified actuary with at least 3 years’ experience
• Excellent IT skills (MS Office, SQL Server, working with large datasets)
• Strong problem-solving skills, especially in new situations or with clients
• Excellent actuarial modeling, data, and statistical analysis skills
• Knowledge of R, Python, and GGY AXIS is advantageous
• Strong numerical and analytical skills
• Pursuit of excellence in execution and delivery
• Self-motivated with a flexible attitude and enthusiasm
• Excellent verbal and written communication skills
• Ability to work independently
• Strong interpersonal skills and ability to work effectively in a team
• Ability to work under pressure to meet deadlines
• Confidence in communicating with senior team members
• Knowledge of SAM, Solvency II, and IFRS 17 is advantageous

Human Resources

General Reinsurance Africa Ltd.

2nd Floor, Waterway House North, 3 Dock Road V&A Waterfront,
Cape Town, 8001, South Africa

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

Excellent opportunity for a highly experienced SENIOR VALUATIONS ACTUARY (Employee Benefits) to assist the head of the Employee Benefits actuarial valuations team with taking ownership of key reporting responsibilities and the associated analysis around assumptions and results.

KEY PURPOSE

The team is responsible for all actuarial valuations work for the Group Risk and Umbrella Fund businesses. The key tasks for the role include monthly experience reporting, quarterly regulatory reporting, semi-annual valuation reporting, and various actuarial analytics projects.

The work involves managing the processes for completion of reporting tasks, analysing and giving input on key actuarial metrics to assist in management decision making, and working with teams across the business to help improve different aspects of the product offering. The role will have direct reports.

• Taking ownership of the monthly actuarial experience process and producing reports for the head of the team and senior management to inform their decision making
• Completing bi-annual actuarial valuations and experience reports for sign-off of valuation results
• Semi-annual, in-depth, experience analyses to assist with setting assumptions
• Setting the annual budgets and capital plan for the business
• Development and maintenance of existing models and processes to drive efficiencies and ensure all methodologies and assumptions remain relevant and up to date
• Maintaining and updating data controls and systems
• Reviewing and assessing the risks and profitability of product and pricing proposals
• Working with other teams across the business to improve data and client experience metrics

• Matric with Mathematics
• Bachelor’s / Honours degree in Actuarial Science from an accredited institution
• At least 6 years of working experience in an actuarial environment, preferably in the life insurance or employee benefits industries
• Minimum academic qualification towards a FASSA designation (or international equivalent)

• Effective communication skills
• Analytical thinking
• Proficiency in MS Word, MS Excel, and MS Outlook

• SQL coding experience advantageous