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Segment Pricing Actuary (Australia & NZ)

Segment Pricing Actuary (Australia & NZ)

FaradayCape Town, Western Cape, South Africa
30+ days ago
Job description

Overview

General Re Corporation, a subsidiary of Berkshire Hathaway Inc., is a holding company for global reinsurance and related operations, with more than 2,000 employees worldwide. 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 subsidiary of General Reinsurance AG) is offering an opportunity for Segment Pricing Actuary (Australia & NZ) in our Life Australia, UK, SA, Canada division.

Key Responsibilities

Gen Re currently offers an excellent opportunity for a Segment Pricing Actuary (Australia & NZ) based in our Cape Town office . This role provides exposure to new markets and is a pricing actuary position in our Segment Pricing team based in Cape Town, working closely with our Australian office to provide support with pricing, in-force management and development of bases for Australia and New Zealand. The ideal candidate will possess strong technical skills, communication skills and an in-depth knowledge of the Life / Health insurance and reinsurance industry.

Primary responsibilities for this role will be :

  • Responsible for the development of Terms of Trade / Pricing Bases for Australia and New Zealand
  • Responsible for management of in-force treaties and pricing reviews on existing business
  • Support with tenders from existing and new clients
  • Risk exposure assessment and management

Qualifications & Experience

Essential :

  • Qualified actuary with a minimum of 5 years experience
  • Experience in pricing of retail business
  • Prepared to work across multiple time zones
  • Highly collaborative in working style & approach
  • Able to work independently
  • Excellent communication skills that enables them to summarise complex information
  • Exposure to mortality and morbidity experience studies
  • Desired :

  • Reinsurance pricing experience would be an advantage
  • Experience of Australian and / or New Zealand life insurance an advantage
  • Actuarial modelling skills (GGY Axis an advantage)
  • Coding skills in VBA, SQL, R or other statistical coding environments
  • An interest in analytics and modelling mortality / morbidity experience
  • Contact

    Human Resources

    Our Address

    General Reinsurance Africa Ltd. (Reinsurer licensed to conduct composite insurance business)

    2nd Floor, Waterway House North, 3 Dock Road, V&A Waterfront, Cape Town, 8001, South Africa

    Preference will be given, but not limited to, candidates from designated groups in terms of the Employment Equity Act and our employment equity policy.

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    Actuary • Cape Town, Western Cape, South Africa

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