Senior Actuarial Analyst

1 month ago


Johannesburg, Gauteng, South Africa Munich Re Full time

Your Business Unit:

The Corporate Actuarial Department at Munich Reinsurance Company of Africa Limited (MRoA) is responsible for valuing and assessing the profitability of the Life business in Africa. As part of this department, you will work closely with the CFO to ensure accurate valuations and capital monitoring.

Your Team:

You will join a diverse team of graduates, analysts, and experienced actuaries. Collaboration with finance departments in Singapore and Munich will be essential for the success of the team.

Your job:

  • Set up the local Valuation model with the Singapore team.
  • Assist in updating models and assumptions.
  • Support quarterly valuation production.
  • Conduct ad hoc investigations for new business assumptions.
  • Regularly maintain and check valuation exercises.
  • Mentor graduate trainees.

Your profile:

  • Hold a Bachelor's degree in Actuarial or Business Science.
  • Completed at least 6 actuarial exams.
  • Have a minimum of three years of work experience.
  • Intermediate knowledge of reserving.
  • Understanding of life actuarial modelling.
  • Familiarity with life insurance products.
  • Excellent communication and interpersonal skills.
  • Ability to perform under pressure.

Our Benefits:

  • Life and Health Benefits.
  • Retirement Benefits.
  • Hybrid working environment.
  • Bonus Scheme.
  • Employee Assistance Program.
  • Wellness Programs.
  • Global Mobility.

You will be part of a culture that values ambition and growth: We challenge existing norms and aim for continuous improvement. In our workspace, failure is seen as an opportunity for learning and growth.

We prioritize empathy and leadership: Knowing when to lead and when to empower others is crucial. We cultivate future leaders and foster a supportive environment for personal and professional development.

Clear and authentic communication is paramount: We welcome feedback, actively listen, and strive for constant improvement.

You will collaborate closely with clients: Our focus is on providing exceptional support and value to our clients. Embracing innovation and digital solutions is at the core of our business practices.

Teamwork is key: We are committed to collective success and growth. Encouraging diversity of thought and experiences, we create an inclusive workspace where everyone's contributions are valued.



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