Internship in Actuarial Science – Life Insurance Pricing

1 week ago


Cape Town, Western Cape, South Africa Gen Re Full time

Embark on Your Career Journey with Us

Gen Re, a prominent entity in the global reinsurance landscape, operates with a workforce exceeding 2,000 professionals across the globe. Our direct reinsurance divisions are recognized for their exceptional service in the Life/Health and Property/Casualty insurance sectors.

We pride ourselves on delivering innovative reinsurance solutions, supported by a robust network and superior financial ratings from leading agencies. Our Cape Town Branch, part of General Reinsurance AG, is excited to present an opportunity for an Internship in Actuarial Science – Life Insurance Pricing within our Life Australia, UK, SA, Canada division.

Core Responsibilities

  • Assisting in the preparation of quotations for new and existing group life business.
  • Supporting the analysis and evaluation of group life reinsurance portfolios for effective risk management and strategic planning.
  • Monitoring and providing essential management information statistics.
  • Contributing to the maintenance of the Company’s pricing frameworks and analytical tools.
  • Engaging with clients in the group life sector.

Required Qualifications & Skills

  • A completed degree in a relevant field with a focus on actuarial studies.
  • Strong numerical and analytical abilities, with a methodical approach to work.
  • Capability to manage multiple tasks and thrive under pressure while meeting deadlines.
  • Excellent problem-solving skills, particularly in new scenarios or client interactions.
  • Proficiency in MS Office applications, especially Excel.
  • Exceptional verbal and written communication skills.


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