Segment Pricing Actuary

2 weeks ago


United Kingdom 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 Segment Pricing Actuary  in our  Life Australia, UK, SA, Canada division.

Key Responsibilities

This role is for a technical pricing actuary withinour CUSAC Region which covers Canada, UK, Ireland, South Africa, Australia and theCaribbean. The ideal candidate willpossess strong technical skills, communication skills and an in-depth knowledgeof the Life Health insurance and reinsurance industry.


Primaryresponsibilities across the CUSAC Region:

  • Pricing support in all types of business.
  • Support with tenders from existing and new clients.
  • Process reviews for actuarial pricing and monitoring.
  • Pricing reviews on existing business.
  • Review and assist with the development of Terms of Trade.

Qualifications & Experience

  • Qualified actuary with a minimum of 5-year experience.
  • Reinsurance pricing experience would be advantageous.
  • Prepared to work across multiple time zones.
  • Prepared to spend time outside of their home country as the role involves global travel.
  • Highly collaborative in working style & approach.
  • Able to work independently.
  • Excellent communication skills that enables them to summarise complex information and present at conferences.
  • Exposure to mortality and morbidity experience studies.
  • GGY Axis knowledge.
  • Statistical analysis including machine learning technique to support experience reviews.
  • Coding skills in VBA, SQL, R or other statistical coding environments.
  • An interest in analytics and modelling mortality/morbidity experience.

(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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