Actuary: Financially Motivated Reinsurance

2 weeks ago


Johannesburg, South Africa Moving Heads Personnel Full time

Research and understand the capital management and profitability stresses of life clients.
- Identify and design financially motivated reinsurance solutions for such clients with support from management.
- Market appropriate financially motivated reinsurance solutions to life clients.
- Implement the financially motivated reinsurance solutions ensuring that risk, profitability, and credit measures are satisfied.
- Ensure that the data requirements and technical input needed to price financially motivated reinsurance transactions are in place.
- Draft internal risk assessment, credit analysis and financially motivated reinsurance transaction reports.
- Develop financial models to assess the profitability of financially motivated reinsurance transactions and analyse the risk and variability of profitability of the transaction to the relevant factors impacting profitability.
- Implement regular profit measurement calculations to manage the profitability of financial reinsurance transactions.
- Maintaining the highest standard of technical competence and ensuring group guidelines are followed.
- Supporting overall Life Business strategy and risk management function.
- Bachelors Degree in Actuarial Science.
- Min 7+ years’ exp in either Life / Reinsurance / Corporate Actuarial insurance or reinsurance business or Actuarial Consulting.
- Technical understanding of life insurance dynamics - products, regulatory factors, market environment.
- Strong analytical skills, statistical skills, and attention to detail.
- Proficient in actuarial modelling packages/VBA/Excel

**Job Types**: Full-time, Permanent

Ability to commute/relocate:

- Johannesburg, Gauteng: Reliably commute or willing to relocate with an employer-provided relocation package (required)

**Education**:

- Bachelors (preferred)



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