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Senior Actuarial Student

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 1,500 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) currently has an excellent opportunity for a Senior Actuarial Student in Life/Health based in our Cape Town office.

Your Role:

The role of a reinsurance actuary involves the acquisition, servicing and active cultivation of relationships with our clients and includes a broad range of tasks, including:

  • Actuarial analysis and assessment of individual and group life reinsurance portfolios for the purposes of risk management, experience investigations, planning and quotation
  • Pricing of life and health reinsurance contracts, conducting research and producing technical documentation
  • Drawing up reinsurance treaties
  • Supporting product development
  • Participation in international projects

Experience/Qualifications:

Applicants should have graduated with degrees in Actuarial Science or Mathematics and be part-qualified with successful exam progression.

  • Excellent skills in actuarial modelling and data and statistical analysis
  • Good communication skills
  • Good IT skills (e.g. MS Excel, MS Access, R and SQL)
  • Strong numerical and analytical skills
  • An enquiring mind
  • 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
  • Ability to work with minimum supervision
  • Ability to prioritise, while remaining flexible to deal with changing work demands

Does this sound exciting?

If you are interested in this position, please sumit your CV to 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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