Gen Re

Shape Your Future With Us

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. It owns General Reinsurance Corporation and General Reinsurance AG, which conducts business as Gen Re.

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 subsidary of General Reinsurance AG) is offering an opportunity for Pricing Actuary in our Life Australia, UK, SA, Canada division.

Key Responsibilities

This is a challenging and rewarding role involving work across multiple life insurance product lines for Gen Re internally as well as our diverse client base.

• Preparing quotations for new business and reviews of existing business for both Group and Individual Life business across multiple product lines.
• Analysis and assessment of life and health reinsurance portfolios for the purposes of risk management, experience studies, planning and quotation.
• Developing new products and assisting clients with revisions to existing products.
• Monitoring and provision of management information statistics.
• Maintaining the Company’s pricing guidelines, pricing tools and treaty wording standards.
• Undertaking focussed research, which will generate competitive advantage through superior understanding of risk.
• Creating an image of the company as a thought leader through client interactions, industry involvement, publications, and presentations.
• Managing client relationships.

Qualifications & Experience

• Qualified actuary with a minimum of 3 years’ experience
• Prior work experience in life insurance pricing, product development or reinsurance is an advantage.
• The ability to work in a methodical manner with good numerical and analytical skills.
• Able to multi-task and work under pressure in meeting internal and external deadlines.
• Strong problem-solving skills, particularly when in new situations or dealing with clients.
• The ability to build strong relationships with a wide range of people, both internally and externally.
• Excellent verbal and written communication skills.
• Consistent pursuit of excellence in execution and delivery.
• Excellent IT skills (MS Office, SQL Server, R, Working with large datasets).
• Ability to work with minimum supervision.

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.