Job Description

Location:

Cape Town, Western Cape, ZA



We are looking for actuarial graduates with strong interpersonal skills, who are eager to learn and broaden their knowledge and expertise. If you have a Bachelor, Master or PhD degree in Actuarial science , have up to three years of professional experience, or are graduating in 2024, we invite you to apply to our

Graduate Programme

starting in 2026


The program offers you the chance to join the dynamic, fast-moving world of a leading risk knowledge organisation. Along with your day-to-day role, you will join the 18-month program where you'll receive on-and-off-the-job training, including a job rotation that gives you the opportunity to work across different business units.


The program is set to begin on January 1, 2026. Please note that we are offering a permanent position from the start of your employment.

About the Role

We are looking for an intellectually curious, highly motivated and passionate Graduate to join our Life & Health (L&H) Client Markets Team in Cape Town. You will play an important role in the pricing of life & health business as well as in the development and design of products and services to meet our client's needs.


You will support us in providing high quality actuarial input to both clients and the cross-functional team within Swiss Re. Through great teamwork and collaboration you will gain a deep understanding of the L&H reinsurance market, you will learn about our various products, how we do pricing and how to sign off quotes from a technical standpoint. We will also give you the opportunity to participate and contribute to projects as well as to the development of innovative, market leading reinsurance solutions that are relevant to the wider Swiss Re Group.


Specific responsibilities of this role include but are not limited to the following:

Support Senior Client Managers with new business development and work with specialists to bring Swiss Re's solutions to the clients Support the day-to-day pricing work across different lines of business in the target markets Perform analysis on data relating to emerging risk experience Contribute to the design of insurance products consistent with the pricing basis and risk management environment Provide quotes to clients, specifically with group risk benefits Collect, analyse and present data collected for annual industry-wide surveys.

About the Team

The Client Markets team is tasked with delivering Swiss Re's reinsurance solutions to clients; setting strategy and ensuring effective communications between the members of cross-functional account teams to execute strategy. We are looking for a highly motivated and enthusiastic team member to join the group.

About You

We are looking for people who want to make a difference!


Your strength is willingness and ambition to take on new challenges and develop your reinsurance acumen. You have strong communication and presentation skills and can work on your own initiative.


If you act as a team-player with willingness to contribute actively to the overall team spirit and are eager to work in a global and multicultural environment, we are looking for you!


You have:

Successfully completed university degree in Actuarial Sciences or equivalent Minimum of 5 Actuarial Exemptions obtained Proficiency in MS Office applications (Excel, PowerPoint, Word)
It will be also nice to have:

Re/insurance experiences gained through vacation work or internships is an advantage Proficiency in programming languages (e.g. R) is an advantage
Please note, that preference will be given to designated applicants as per the employment equity act.

About Swiss Re

Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.



Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.



If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Keywords:

Reference Code:

134079