Job Description

Munich Reinsurance Company of Africa Limited (MRoA) has been operating in South Africa for over 50 years, although the Munich Re (Group) was active on the Continent via Munich Re in Munich for some years prior to commencing the Southern African operation in Johannesburg in 1968. The Head Office of MRoA is in Johannesburg, with a client service Life office situated in Cape Town.

Are you a recent graduate who enjoys being part of a team and is able to relate well to people from different backgrounds and cultures? Are you techno-savvy with good analytical, interpersonal and communications skills? If you answered yes to the above then this might be the opportunity for you.

Your Role

• Ability to transform client data into a usable format for analysis
• Ability to derive rates from pricing bases given a set of assumptions to use
• Ability to calculate group risk quotes, for all benefits, using the tools provided
• Understanding the modelling and pricing of transactions
• Risk identification, assessing, reporting and documenting
• Data checks and movement analysis
• Reviewing, reporting, calculations of reserves
• Learning how to use and run models.

Your profile:

• Completed Final year Actuarial Science degree
• Good communication skills
• Good interpersonal skills
• Good Excel skills
• Ability to work under pressure and multitask
• Working knowledge of statistical and mathematical methods and analysis

#LI-Hybrid

This is a 12 month fixed-term contract position and will be based in Johannesburg. The closing date is the 02 February 2023. Please note that we communicate by email. Please check your spam folders for communication from us. We respond to all applications received via our careers page and do not accept applications received by email.

You will work in an environment where we aspire to think big: Change and culture are challenged. We communicate a compelling and shared purpose and direction. We pave the way towards success and see failure as learning.

You are going to experience that we care & dare: We are empathetic. We know when to lead and know when to let others lead. We attract, grow and coach future leaders.

We aim to communicate in a clear & authentic way. We solicit feedback, ask and listen, learn and unlearn.

You will grow with your clients: Whatever our role, we support business, in a thoughtful way, to create value for our clients. We embrace new ways of working applying digitalization to provide solutions.

We lead the We: We have a passion for winning and growing as a team. We inspire people to deliver a joint performance. We create an inclusive environment where different thoughts, generations, cultures and experiences are valued and encouraged.

About Munich Re:

Founded in 1880, Munich Re Group is on the world's leading providers of primary insurance, reinsurance and insurance related risk solution. As pioneers in risk assessment, 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, from high net worth individual life cover to pandemic, we take care of risk, so our clients can take care of their business.

Disclaimer:

At Munich Re, we embrace, and value, the interaction of diverse backgrounds, experience, perspectives and thought. This interaction is the foundation of our open culture, spirit of partnership, of how our teams are built and cultivated, and of how we are supported and developed. And at the centre of this interaction is each of us.

Munich Re