Actuarial Data Analyst

2 weeks ago


Johannesburg, Gauteng, South Africa Munich Re Full time

We are looking for a highly skilled Actuarial Analyst to join our Terms of Trade Team in the Life Department at Munich Reinsurance Company of Africa.

Munich Re serves life and non-life reinsurance clients across Sub-Saharan Africa from our hub in Johannesburg. As a team member, you will contribute to tackling global challenges while working with diverse colleagues.

Your primary role will involve updating and maintaining all Terms of Trade for MRoA, ensuring adherence to global and local guidelines. You will work closely with the regional office to determine Terms of Trade and support overall Life Business strategy & risk management.

Key responsibilities include communicating with retail and group pricing teams as well as the valuations team on assumption setting and partnering with business to provide valuable insight influencing strategy and long-term decision making.

To succeed in this position, you should have:

  • TASSA/equivalent actuarial qualification or nearly qualified Actuary
  • 2+ years' experience deriving assumptions and/or doing experience studies
  • Complex data handling skills and ability to work in a team environment
  • Knowledge of South African life insurance products and market dynamics
  • Numerical, statistical, and analytical skills
  • Excellent programming skills in actuarial/statistical programming languages, VBA/Excel, SQL Server, R/Python or relevant software programme


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