Actuary - Research & Analytics

1 month ago


Canada Faraday Full time

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. Its direct reinsurance companies conduct 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 more than 40 offices , supported by over 2,000 employees worldwide, we have earned superior financial strength ratings from each of the major rating agencies.

General Reinsurance, Cape Town Branch (a subsidary of General Reinsurance AG) is offering an opportunity for Actuary – Research & Analytics  in our  Life Australia, UK, SA, Canada division.

Key Responsibilities

The Role

This is achallenging and rewarding role involving multiple work areas for Gen Reinternally, externally as well as for our clients both locally andinternationally:

  • Support of analysis and assessment of life and health reinsurance portfolios for the purposes of risk management, experience study, planning and quotation using advanced analytic techniques.
  • Internal and external research relating to pricing, products, underwriting, claims, and other areas related to life insurance.
  • Understanding data and applying modern analytical techniques to the data.
  • Implementing practical changes based on research and analytics in various areas of business.
  • Supporting large research projects and surveys
  • Presentations and training measures for clients
  • Marketing activities, including giving presentations at conferences and writing articles.
  • This is not only a South African role and responsibilities includes supporting business and clients in Australia, United Kingdom and Canada. It also means working with colleagues from the United States, Germany, and other countries.

Qualifications & Experience

We are lookingfor top applicants that are qualified Actuaries. Applicants with experience in applyingstatistical and machine learning techniques in financial services or relatedbusiness to solve problems in practical and implementable ways will bepreferred. Experience with researchingand assessing the business relevant impact of external trends is alsoimportant.

  • Excellent skills in actuarial modelling, data, and statistical analysis
  • Excellent numerical and analytical skills
    Strong statistical software skills (R including machine learning, GLMs)
  • Excellent IT skills (MS Office, SQL Server, Working with large datasets)
  • Strong interpersonal skills with an ability to work effectively as part of a team, deal with people at all levels and in all areas of the business and engage with clients.
  • Strong communication skills including verbal and written skills including the ability to summarise and explain complex information clearly and concisely.
  • Willingness to travel locally (and internationally from time to time).

(Reinsurer licensed to conduct composite insurance business)

2nd Floor,Waterway House North, V&A Waterfront,
Cape Town, 8002 (South Africa)

Preferencewill be given, but not limited to, candidates from designated groups in termsof the Employment Equity Act and our employment equity policy.

Do not see any opportunities that interest you?
Send us your CV and we'll be in touch if a better fit opens up.

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