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Life Actuary: Valuation and Reporting

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 2,000 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) is looking for a recently qualified actuary in the Technical Actuarial team in our Cape Town office. The position will report to the Head of Actuarial Function.

Job Description:

This is a challenging and rewarding role involving multiple work areas for Gen Re internally:

  • Completion of quarterly reserving and reporting processes.
  • Development and maintenance of actuarial models.
  • Completion and review of regulatory returns and financial statements.
  • Assist in the production and review of management information.
  • Work with the Risk Management team to complete risk assessments and documentation of the ORSA.


  • Qualified Actuary with at least 5 years’ life insurance experience, preferably in a reserving or reporting role.
  • The ability to build strong relationships with a wide range of people, both internally and externally.
  • Excellent verbal and written communication skills.
  • The ability to work in a methodical manner with good analytical skills.
  • Able to work under pressure in meeting internal and external deadlines.
  • Strong problem solving skills, particularly when in new situations or dealing with clients.
  • Consistent pursuit of excellence in execution and delivery.
  • Excellent numerical and analytical skills.
  • Excellent IT skills (MS Office, SQL Server, Working with large datasets).
  • Ability to work with minimum supervision.

We offer performance-based remuneration package.


Human Resources

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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