Senior Actuary for Structured Solutions

2 months ago


Johannesburg, Gauteng, South Africa Munich Re Full time
About the Role

We are seeking a highly skilled Senior Actuary to join our Structured Solutions team in Johannesburg, South Africa. As a key member of our team, you will play a pivotal role in developing innovative reinsurance solutions that drive financial growth for our clients.

Key Responsibilities
  • Analyze the financial, trading, and regulatory environment to identify areas where structured reinsurance solutions support clients' strategic objectives.
  • Develop compliant financial solutions that enhance clients' business plans and meet regulatory requirements.
  • Provide insights that enhance the team's understanding of the Sub-Saharan region markets and identify potential business opportunities.
  • Partner with the Regional Structured Solutions team to design and develop best solutions for clients.
  • Perform actuarial pricing of large/complex structured reinsurance quotes and review pricing carried out by team members.
  • Lead the end-to-end project implementation, including negotiating contract terms and closing profitable deals within defined deadlines.
Requirements
  • Actuarial qualification: Fellowship of a recognized Actuarial Society.
  • 10+ years of experience in an insurance, reinsurance, actuarial consulting, or corporate actuarial role.
  • Strong familiarity with accounting, finance, and actuarial concepts.
  • Sound understanding of life and health insurance and reinsurance in South Africa and other Sub-Saharan markets.
  • Strong knowledge in insurance and financial regulatory requirements and accounting standards.
About Munich Re

Munich Re is a leading provider of primary insurance, reinsurance, and insurance-related risk solutions. We promote the digital transformation of the global insurance landscape, expanding products and services as new forms of risk emerge. From space rocket launches to cyber-attacks, we take care of risk, so our clients can take care of their business.



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