2023 MRoA Life Actuarial Graduate Trainee at Munich Re

Your job

As a Graduate at Munich Re of Africa, you will be expected to:

• Take part in Soft Skills and Technical training
• Conduct day-to-day business unit specific tasks
• Participate in team specific tasks and deliverables
• Participate in cross-divisional project teams
• Participate in team and Company Business Projects (where applicable)

TRAINING EXPOSURE MAY INCLUDE (department dependent):

• Ability to transform client data into a useable format for actuarial analysis
• Ability to derive pricing bases from a given set of assumptions
• 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 reconciliations to actuarial investigations, including movement analysis
• Reviewing, reporting, calculations of reserves
• Learning how to use and run actuarial models

MUNICH RE WILL OFFER:

• Work/Life balance
• Great working environment
• Competitive remuneration
• Learning and Development opportunities
• Support with Actuarial Exams 
• 12 months fixed term contract (with a possible 12-month extension)

Your profile

• Final year Actuarial Science student or recent Actuarial Science graduate
• An excellent academic record (Average of 65% and above)
• 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

The programme is based at our Head Office in Johannesburg. 

Closing date: 11 November 2022