Reserving Actuary

2 weeks ago

Cape Town, South Africa General Re Corporation Full time

Shape Your Future With UsGeneral Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2, 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 subsidary of General Reinsurance AG) is offering an opportunity for Reserving Actuary in our Life Australia, UK, SA, Canada division.Key ResponsibilitiesGen Re is looking for asenior actuarial student / newly qualified actuary with 3-6 years workingexperience to join our valuations team. The position will report to theReserving Manager.KeyResponsibilities : Assist with financial reporting on a US GAAP and IFRS basisAssist with regulatory reporting for SAM and Solvency IIEngaging with internal and external auditors after the year endAssist with the any further system design developments required from a US GAAP LDTI and IFRS 17 perspectiveAnalyse valuation data and results to gain a deeper understanding and insight into the businessDevelopment and maintenance of tools to analyse actuarial data to enhance management and regulatory reportingMonitoring and provision of management informationParticipation in international projects (for example US GAAP LDTI / IFRS 17 / Admin Data Systems projects)Automation of models and business processesAnalyse and assess the valuation data for the purpose of experience studies or assumption setting. Qualifications & ExperienceApplicants should have a degree inActuarial Science and be part-qualified with successful exam progression withan aptitude for data science.RequirementsExcellent IT skills (MS Office, SQL Server, working with large datasets)Strong problem-solving skills, particularly when in new situations or dealing with clientsExcellent skills in actuarial modelling, data, and statistical analysisStrong statistical software skills (Knowledge of R, Python and GGY AXIS will be advantageous)Excellent numerical and analytical skillsConsistent pursuit of excellence in execution and deliverySelf-motivated with a flexible attitude and enthusiasm for the roleExcellent verbal and written communication skillsAbility to work with minimum supervisionStrong 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 businessAble to work under pressure in meeting internal and external deadlinesConfident when communicating with more senior team members / colleagues throughout the organisationKnowledge of SAM, Solvency II and IFRS17 will be advantageous ContactHuman ResourcesOur AddressGeneral Reinsurance Africa Ltd. (Reinsurer licensed to conduct composite insurance business)2nd Floor,Waterway House North, 3 Dock Road V&A Waterfront,Cape Town, (South Africa)Preference will be given, but not limited to, candidates from designated groups in termsof the Employment Equity Act and our employment equity policy. #J-18808-Ljbffr

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