Cape Town

Johannesburg

Graduate

Part Qualified

Associate

Qualified

Life

Investments

Health

Pensions

Property & Casualty

Products

Reporting

Reinsurance

Risk

Data Science

Experience Analysis

Coding

Pricing

Consulting

Excel

Marketing

About the RoleWe are offering an exciting opportunity for an intellectually curious, highly motivated and passionate actuary in our Swiss Re Middle East and Africa Pricing team in Cape Town. You will play an important role in providing high quality actuarial support to help grow the Medical Insurance business in the region.As a member of the Middle East and Africa Pricing team, you will contribute to the development of innovative, market leading health reinsurance solutions and positively impact critical business and societal challenges.Specific responsibilities of this role include but are not limited to the following:<ul><li>Perform day-to-day pricing, monitoring and benefit design for the relevant target markets.</li><li>Support clients with the benefit design and pricing of products.</li><li>Assume a proactive approach and critical reviews of pricing, benefit design and in steering of existing and new business.</li><li>Participate in client meetings, to understand client's needs, share our view of results and jointly steer the business together with our client partners.</li><li>Assist in identifying and driving risk management interventions that will help our clients to limit the increase in cost of healthcare expenditure.</li><li>Reviewing and approving within given authority group quotes our clients refer to us.</li></ul>Control and Monitoring process<ul><li>Assist with the production of monitoring reports for both internal and external use, to ensure that the performance of our different clients is tracked regularly.</li><li>Analysing reports and noting emerging trends and problems, as well as giving inputs on their successful resolution.</li></ul>About YouAn ideal candidate would be a qualified (or nearly qualified) actuary that has excellent analytical, problem solving and independent decision-making abilities with strong customer focus and negotiation skills.You possess excellent inter-personal, communication and presentations skills and are able to work well within technical and non-technical teams.We would like you to have:<ul><li>A minimum of 4 years’ experience of which at least 3 years in a healthcare actuarial role.</li><li>Experience in medical insurance, with a strong understanding of pricing, monitoring and benefit design features.</li><li>Excellent understanding of the South African healthcare and/or the broader African medical insurance markets, competitors, market trends and dynamics.</li><li>Good working experience with Microsoft Excel, Word and PowerPoint.</li><li>Good working experience with SQL-based programs.</li></ul>It would be nice for you to have:<ul><li>Experience in developing, emerging medical insurance markets in Africa.</li><li>Skills in experience studies and costing bases across Africa.</li><li>Previous exposure to working in a complex environment.</li><li>Experience with SAS.</li></ul>If you are a committed, collaborative, enthusiastic colleague with a sensitivity to cultural differences able to work under pressure, we will be happy to get to know you!Preference will be given to Employment Equity candidates.About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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, race, ethnicity, 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.

This role requires an actuary who can combine pricing skills, strong data analysis, with good project and stakeholder management. Are you someone who leads and ensures consistent application of sound actuarial principles but is also willing to challenge the status quo? You will interact with a broad range of stakeholders across the Life and Health business and work in a global, cross-functional project team. This role is based in the Global Underwriting &amp; Claims &amp; R&amp;D team but will also have close links into the Chief Pricing Office.About the Role<ul><li>Be a part of driving key strategic projects such as metabolic health, and health and wellness.</li><li>Drive the pricing and data analysis for the R&amp;D focused projects</li><li>Consult different market units on innovative opportunities and act as a sounding board for their actuarial considerations.</li><li>Help to drive forward actuarial thought leadership via project management, content creation and conference participation.</li><li>Act as an actuarial support for other key innovation projects such as AI, fraud and sustainability.</li><li>Collaborate with different MUs to develop their propositions through access to our global datasets.</li></ul>About the TeamThe Global UW &amp; Claims Innovation and Analytics team is an exciting global team within the Chief Underwriting Office. We're a cross functional team of underwriters, claims experts, actuaries, innovation and analytics experts with the remit to deliver projects or initiatives at a market or multiple-market level to improve the way we and/or our clients underwrite and manage claims. Our aim is to consult and engage with the Market Units (MUs) and clients to help deep-dive into, progress and deliver their initiatives by providing advice, technical support, global data insights and thought leadership aimed to improve client and customer outcomes. We also explore emerging technologies (including generative AI) and trends to develop new tools and services.About YouWe are looking for an open-minded, trustworthy and enthusiastic team player who can constructively and respectfully engage in challenging conversations. To be successful, you need to have strong communication, negotiation and analytical skills. Are you at ease with leaving the comfort zone and performing under pressure? Do you consider yourself to be a "self-starter", able and willing to take initiative and implement measures in a goal-oriented manner with:<ul><li>Degree in mathematics, statistics, actuarial science or related field with proven mathematical skills and analytical ability – an enhanced understanding of statistical methods is preferred.</li><li>At least 3+ years of actuarial experience and strong knowledge of actuarial concepts and principles</li><li>Pro-active in driving projects forward and identifying opportunities for improvements.</li><li>Resourceful in overcoming barriers, adopting a consultative approach as necessary.</li><li>Ability to review analytical results, derive recommendations and communicate implications to all stakeholders.</li><li>Strong analytical skills and a good understanding of datasets / databases.</li></ul>About Swiss ReSwiss 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. 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.

About the RoleWe are offering an exciting opportunity for an intellectually curious, highly motivated and passionate actuary in our Swiss Re Middle East and Africa Pricing team in Cape Town. You will play an important role in providing high quality actuarial support to help grow the Medical Insurance business in the region. As a member of the Middle East and Africa Pricing team, you will contribute to the development of innovative, market leading health reinsurance solutions and positively impact critical business and societal challenges.Specific responsibilities of this role include but are not limited to the following:<ul><li>Pricing and steering of existing and new business</li></ul>• Perform day-to-day pricing, monitoring and benefit design for the relevant target markets.• Support clients with the benefit design and pricing of products.• Assume a proactive approach and critical reviews of pricing, benefit design and in steering of existing and new business.• Participate in client meetings, to understand client's needs, share our view of results and jointly steer the business together with our client partners.• Assist in identifying and driving risk management interventions that will help our clients to limit the increase in cost of healthcare expenditure.• Reviewing and approving within given authority group quotes our clients refer to us.<ul><li>Control and Monitoring process</li></ul>• Assist with the production of monitoring reports for both internal and external use, to ensure that the performance of our different clients is tracked regularly.• Analysing reports and noting emerging trends and problems, as well as giving inputs on their successful resolution.About YouAn ideal candidate would be a qualified (or nearly qualified) actuary that has excellent analytical, problem solving and independent decision-making abilities with strong customer focus and negotiation skills. You possess excellent inter-personal, communication and presentations skills and are able to work well within technical and non-technical teams.We would like you to have:<ul><li>A minimum of 4 years’ experience of which at least 3 years in a healthcare actuarial role</li></ul>• Experience in medical insurance, with a strong understanding of pricing, monitoring and benefit design features.• Excellent understanding of the South African healthcare and/or the broader African medical insurance markets, competitors, market trends and dynamics.• Good working experience with Microsoft Excel, Word and PowerPoint.• Good working experience with SQL-based programs.It would be nice for you to have:<ul><li>Experience in developing, emerging medical insurance markets in Africa</li></ul>• Skills in experience studies and costing bases across Africa.• Previous exposure to working in a complex environment.• Experience with SAS.If you are a committed, collaborative, enthusiastic colleague with a sensitivity to cultural differences able to work under pressure, we will be happy to get to know you!We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.Preference will be given to Employment Equity candidates.About Swiss ReSwiss 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, race, ethnicity, 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.

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 with up to 3 years professional experience – we invite you to apply to our graduate programme 2025.The program offers you the chance to join the dynamic, fast-moving world of a leading risk knowledge organisation. Over an 18-month period, you’ll receive on-and-off-the-job training, including a job rotation that gives you the opportunity to work across different business units.About the RoleWe 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:<ul><li>Support Senior Client Managers with new business development and work with specialists to bring Swiss Re's solutions to the clients</li><li>Support the day-to-day pricing work across different lines of business in the target markets</li><li>Perform analysis on data relating to emerging risk experience</li><li>Contribute to the design of insurance products consistent with the pricing basis and risk management environment</li><li>Provide quotes to clients, specifically with group risk benefits</li><li>Collect, analyse and present data collected for annual industry-wide surveys.</li></ul>About the TeamThe 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 YouWe 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:<ul><li>Successfully completed university degree in Actuarial Sciences or equivalent</li><li>Minimum of 5 Actuarial Exemptions obtained</li><li>Proficiency in MS Office applications (Excel, PowerPoint, Word)</li></ul>It will be also nice to have:<ul><li>Re/insurance experiences gained through vacation work or internships is an advantage</li><li>Proficiency in programming languages (e.g. R) is an advantage</li></ul>Please note, that preference will be given to designated applicants as per the employment equity act.About Swiss ReSwiss 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. 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, ethnicity, 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.

About MillimanMilliman is among the world’s largest providers of actuarial and risk management services. Globally we provide consulting services to clients in life insurance, property and casualty insurance, healthcare, and employee benefits and pensions. Today, Milliman has more than 4 600 employees and more than 60 offices worldwide. We are driven by a shared commitment to innovate and inspired by a common mission: to serve our clients to protect the health and financial well-being of people everywhere.About Milliman South AfricaOur offices in Cape Town and Johannesburg provide coverage across sub-Saharan Africa, focusing on life, non-life and micro-insurance. We work closely with our international offices, combining the expertise of our local offices with that of our colleagues across the world. Our service offerings include risk and capital management, financial reporting, product development and new market entry.Location: Cape Town or Johannesburg, South AfricaWe are looking for diverse, bright-minded individuals who are interested in pursuing a career in the actuarial consulting industry to join our dynamic team in South Africa. This is an ideal opportunity to work and collaborate with our team of experts from across the world in a fast-paced, challenging and rewarding environment.Desired experience and professional qualifications<ul><li>0-1 year of professional experience</li><li>Bachelor’s or Honours degree in Actuarial Science by the end of 2024</li><li>Strong progress with ASSA exemptions / exams.</li><li>Additional consideration will be given to individuals from a previously disadvantaged background.</li></ul>Desired competencies<ul><li>Thorough understanding of actuarial subjects studied thus far</li><li>Keenness to learn and ask questions</li><li>Analytical and communication skills</li><li>Driven and self-motivated</li><li>Basic knowledge of MS Excel</li><li>Basic programming knowledge (e.g. R or VBA)</li></ul>

Are you looking for an opportunity to grow Swiss Re’s business by influencing and executing the long-term strategy? Do you want to contribute to the Southern Africa Life and Health success story?Then your next career step might be as an Associate Client Manager!About the RoleYou will be a Client Manager with a strong emphasis on costing responsibilities and support to senior members of the team, whilst building strong client relationships and taking ownership for individual clients over time. Along with the pricing and client work you will be responsible for key pieces of research work produced by the team.This covers:<ul><li>Advise clients on the full spectrum of Swiss Re products and differentiating solutions to meet their strategic growth aspirations and Swiss Re’s business objectives</li><li>Significant costing responsibility for some of our key individual and group clients, working closely with Senior Marketing Actuaries to bring strong technical expertise to the client</li><li>Building strategic relationships with key client contacts and foster trust and collaboration in all engagements</li><li>Engage and collate data from clients, perform the data analytics and co-present the results of the annual new business volume surveys.</li><li>Own the quote process for assigned opportunities using technical expertise to support costing, review, and approve quotes within own authority</li></ul>About the TeamThe Life &amp; Health Client Markets team is an energized collective, that supports each other diligently to offer excellent service to our existing clients, and also grow our portfolio sustainably. We work hard but smart, and builds in sufficient time to connect, have fun and build our internal and external relationships. We strive to achieve our ambitious targets and celebrate these with as much enthusiasm as we deployed to reach them. We have a dual mandate in wholistically owning the client relationships, but also in owning a significant part of the technical offering for clients.About YouWe are seeking an outstanding client-centric communicator with entrepreneurial mind-set who can balance strong technical skills with a view of the "big picture" and ability to not get stuck in the detail, being cognizant of the longer-term market implications. You also demonstrate pro-active "hunting" attitude and ability to read people and build new relationships.Requirements<ul><li>Student actuary, that is making good progress with their exams, with 1 to 3 years' experience across different functions in the life and health insurance industry</li><li>Actuarial Pricing and product development skills and experience in applying the Actuarial control cycle</li><li>Interest in Customer Engagement and Servicing</li><li>Experience in dealing with complex deals</li></ul>If you are a committed standout colleague with a 'can-do' attitude able to engage with colleagues across the globe, we will be happy to get to know you!We provide feedback to all candidates via email. If you have not heard back from us, please check your spam folder.Preference will be given to Employment Equity candidates.About Swiss ReSwiss 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. 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, race, ethnicity, 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.

Are you a highly motivated individual looking for an exciting opportunity to join our Life and Health EMEA Regional Team (ERPT) in Cape Town or Johannesburg? Do you have a passion for actuarial pricing, and are looking for an adventurous role, where you can demonstrate technical and commercial capability? If so, we want you to join our team!About the RoleAs a Life and Health Actuarial Pricing Actuary, you will play a crucial role in pricing life &amp; health business in the UK and across Continental Europe. You will collaborate cross-functionally and with clients on pricing and product development opportunities, you will perform data analyses relating to emerging claims experience and monitor the performance of our reinsurance portfolio.Joining our team means gaining a deep understanding of the L&amp;H reinsurance market and supporting us in providing high-quality actuarial input to cross-functional teams within Swiss Re.Key responsibilities<ul><li>Lead the development and review of pricing bases and reinsurance terms for new and established products</li><li>Ensure profitability of current portfolio is maintained in conjunction with our reporting and experience studies teams</li><li>Collaborate with clients and cross-functional teams on product development opportunities</li><li>Drive thought leadership and provide guidance to others</li></ul>About the TeamOur South African based Regional Pricing team operates within L&amp;H EMEA. We pride ourselves on having a diverse team with a strong sense of community. Our leadership style is collaborative, and we work cross-functionally with our colleagues across EMEA, including pricing, client management, business management, underwriting, claims, and reporting teams.We like to have fun while delivering reinsurance pricing across a wide range of products in the UK and Central European markets. We are committed and supportive of one another and offer a flexible working environment where curious and adaptable people thrive.About YouDo you have strong communication and presentation skills? Are you looking to challenge yourself with an exciting opportunity? Having a curious and analytical mind - always asking questions and searching for solutions, customer focus and can do attitude you would be an excellent addition to our team.Essential:<ul><li>Qualified actuary (FASSA or equivalent) or candidate with good progress in exams</li><li>Minimum 4 years relevant experience</li><li>Pricing experience, and/or familiarity with reinsurance structures and retail protection markets preferred</li><li>Able to produce accurate, high-quality results while balancing multiple priorities</li><li>Comfortable independently owning outcomes and driving projects to execution</li></ul>Nice to Have:<ul><li>Good negotiation skills</li><li>Willingness to work abroad in the future</li><li>Ability to speak or read another European language</li></ul>Swiss Re offers modern work models and attractive work places that allow all employees to adapt to changing work preferences and life phases.Preference will be given to Employment Equity candidates.About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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, ethnicity, 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.

About the ProgrammeWe are looking for graduates with strong interpersonal skills, who are eager to learn and broaden their knowledge and expertise. You have a Bachelor, Master or PhD degree with up to 3 years professional experience – we invite you to apply to our graduates@swissre programme 2024.The programme offers you the chance to join the dynamic, fast-moving world of a leading risk knowledge organisation. Over an 18-month period, you’ll receive on-and-off-the-job training, including a job rotation that gives you the opportunity to work across different business units.About the RoleWe are looking for an intellectually curious, highly motivated, and passionate Graduate to join our Life &amp; Health (L&amp;H) EMEA Regional Pricing Team in Cape Town. You will play an important role in the pricing of life &amp; health business in the UK and across Continental Europe.You will support us in providing high quality actuarial input to cross-functional teams within Swiss Re. Through great teamwork and collaboration, you will gain a deep understanding of the L&amp;H reinsurance market, you will learn about our various products and how we do pricing.The responsibilities vary and include the following:<ul><li>Perform day-to-day pricing work and provide actuarial support to cross functional teams and projects</li><li>Develop and maintain reinsurance pricing bases</li><li>Perform data analyses relating to emerging claims experience</li><li>Design insurance products consistent with pricing bases and risk management environment</li></ul>About You<ul><li>Successfully completed university degree in Actuarial Sciences or equivalent</li><li>Made exceptional progress in your exams. (5+ Actuarial Exemptions obtained)</li><li>Strong interest in/motivation to learn about insurance/reinsurance</li><li>Fluent in English with strong communication and presentation skills.</li><li>Aptitude to express yourself effectively in one-on-one conversations and small groups</li><li>Approaches problems with curiosity, open-mindedness and is a fast learner</li><li>Innovative, showing a high degree of own initiative</li><li>Team-player, willingness to contribute actively to the overall team spirit</li><li>Ability and enthusiasm to work in a global and multicultural environment</li><li>Strong organizational and time management skills with the ability to handle numerous priorities at a time and meet deadlines while delivering high quality results</li><li>Capacity to readily adapt to a changing and dynamic environment</li><li>Willing to work abroad one day</li><li>Proficiency in MS Office applications (Excel, PowerPoint, Word)</li></ul>Due to Immigration regulations, we can only accept applications from South AfricansPreference will be given to designated applicants as per the employment equity actAbout Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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, race, ethnicity, 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.

About the ProgrammeWe are looking for graduates with strong interpersonal skills, who are eager to learn and broaden their knowledge and expertise. You have a Bachelor, Master or PhD degree with up to 3 years professional experience – we invite you to apply to our graduates@swissre programme 2024.The programme offers you the chance to join the dynamic, fast-moving world of a leading risk knowledge organisation. Over an 18-month period, you’ll receive on-and-off-the-job training, including a job rotation that gives you the opportunity to work across different business units.About the RoleWe are looking for an intellectually curious, highly motivated, energetic, and passionate Graduate to join our Life &amp; Health (L&amp;H) Pricing Team in Cape Town. You will play an important role in the pricing of life &amp; health business in Europe, Middle East, Africa and the UK.You will support us in providing high quality actuarial input to cross-functional teams within Swiss Re. Through great teamwork and collaboration, you will gain a deep understanding of the L&amp;H reinsurance market, you will learn about our various products and how we do pricing.The responsibilities vary and include the following:<ul><li>Perform day-to-day pricing work and provide actuarial support to cross functional teams and projects</li><li>Develop and maintain reinsurance pricing bases</li><li>Perform data analyses relating to emerging claims experience</li><li>Design insurance products consistent with pricing bases and risk management environment</li></ul>About You<ul><li>Successfully completed university degree in Actuarial Sciences</li><li>Good progress in your exams. (5+ Actuarial Exemptions obtained)</li><li>Strong interest in/motivation to learn about insurance/reinsurance</li><li>Fluent in English with strong communication and presentation skills.</li><li>Aptitude to express yourself effectively in one-on-one conversations and small groups</li><li>Approaches problems with curiosity, open-mindedness and is a fast learner</li><li>Innovative, showing a high degree of own initiative</li><li>Team-player, willingness to contribute actively to the overall team spirit</li><li>Ability and enthusiasm to work in a global and multicultural environment</li><li>Strong organizational and time management skills with the ability to handle numerous priorities at a time and meet deadlines while delivering high quality results</li><li>Capacity to readily adapt to a changing and dynamic environment</li><li>Proficiency in MS Office applications (Excel, PowerPoint, Word)</li></ul>Due to Immigration regulations, we can only accept applications from South AfricansPreference will be given to designated applicants as per the employment equity actAbout Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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, race, ethnicity, 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.

About Milliman:For more than 70 years, Milliman’s objectivity and rigorous standards of professional excellence have made us the leading independent actuarial firm. Our unique structure fosters collaboration among employees regardless of seniority, which results in better results for our clients. Our reputation for excellence attracts challenging projects and some of the best assignments in the business, providing Milliman employees with unique opportunities to become leaders in their fields.We are looking for diverse, bright-minded individuals who are interested in pursuing a career in the actuarial consulting industry to join our dynamic team in South Africa.About Milliman South AfricaOur offices in Johannesburg and Cape Town provide coverage across sub-Saharan Africa, focusing on life, non-life and microinsurance.We combine the expertise of our local offices with that of our colleagues across the world to provide global consulting solutions to our clients. Our service offerings include risk and capital management, financial reporting, product development and new market entry.Requirements:<ul><li>Nearly/recently qualified actuary</li><li>4 to 7 years of relevant life or short-term insurance experience</li><li>Client facing experience would be an advantage</li><li>Excellent verbal and written communication</li><li>Self-starter, self-motivated, not afraid to ask questions or suggest / explore new ideas;</li></ul>Additional consideration will be given to individuals from a previously disadvantaged background.Qualifications:Bachelor of Science or better in Actuarial Science or related field.Experience:4 to 7 years of relevant life or short-term insurance experience

About the Role:We are offering an exciting opportunity for a highly motivated, dynamic actuary in our Life and Health Middle East &amp; Africa (MEA) Pricing team in Cape Town. As a member of the Europe, Middle East and Africa (EMEA) hub you will develop innovative, market leading reinsurance solutions for the Middle East &amp; Africa markets, working collaboratively with local and global experts throughout Swiss Re.This is a client facing role: you will work closely with clients to understand their needs and deliver efficient solutions for them and for Swiss Re. You will apply your technical skills in a dynamic environment, thinking creatively to shape solutions to a broad range of challenges. You will also contribute to Swiss Re's wider market presence, including presenting at external events.Responsibilities may vary and can include the following:<ul><li>Lead or support the development and review of pricing bases and reinsurance terms for new and established products</li><li>Perform data analyses relating to emerging claims experience</li><li>Monitor performance of our reinsurance portfolio in conjunction with our reporting and experience studies teams</li><li>Collaborate cross-functionally with clients and external partners on pricing and product development opportunities</li><li>Depending on experience, own and drive thought leadership and provide guidance to others</li></ul>Are you looking for an adventurous role, where you can demonstrate both technical, commercial, and personal leadership capability? Then this is for you!About the TeamOur Cape Town based MEA Pricing team operates within L&amp;H Hub EMEA, and within the UKI &amp; MEA Pricing unit in particular. The team delivers reinsurance pricing across a wide range of products in the Middle East &amp; Africa markets. We work cross-functionally with our colleagues in client management, underwriting, claims and reporting teams, as well as our counterparts within the broader EMEA region. Rotations and ad hoc support between the UK and MEA Pricing teams encourage continuous learning and career development, whilst bringing added perspective to our clients.This team is diverse but with a strong sense of community. The work is demanding, but we like to have fun too. We are committed, curious and supportive of one another. We offer a flexible working environment where curious and adaptable people thrive.About you:<ul><li>Qualified actuary (FASSA or equivalent) or partially qualified actuary with approximately 4 to 8 yrs experience</li><li>Pricing experience, and/or familiarity with reinsurance structures and South Africa or UK retail protection market preferred</li><li>Excellent knowledge of relevant actuarial and statistical models (where R and GLM skills would be an advantage)</li><li>Strong customer focus with excellent inter-personal, communication, and influence skills</li><li>Highly motivated with the ability to produce accurate, high-quality work, under pressure, managing multiple priorities</li><li>An absolute team player, who is equally comfortable independently owning results and driving projects to execution</li></ul>Swiss Re offers modern work models and attractive work places that allow all employees to adapt to changing work preferences and life phases. Preference will be given to Employment Equity candidates.About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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, race, ethnicity, 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.

About the Role:We are offering an exciting opportunity for a highly motivated, dynamic actuary in our Life and Health Middle East &amp; Africa (MEA) Pricing team in Cape Town.As a member of the Europe, Middle East and Africa (EMEA) hub you will develop innovative, market leading reinsurance solutions for the Middle East &amp; Africa markets, working collaboratively with local and global experts throughout Swiss Re.This is a client facing role: you will work closely with clients to understand their needs and deliver efficient solutions for them and for Swiss Re. You will apply your technical skills in a dynamic environment, thinking creatively to shape solutions to a broad range of challenges. You will also contribute to Swiss Re's wider market presence, including presenting at external events.Responsibilities may vary and can include the following:<ul><li>Lead or support the development and review of pricing bases and reinsurance terms for new and established products</li><li>Perform data analyses relating to emerging claims experience</li><li>Monitor performance of our reinsurance portfolio in conjunction with our reporting and experience studies teams</li><li>Collaborate cross-functionally with clients and external partners on pricing and product development opportunities</li><li>Depending on experience, own and drive thought leadership and provide guidance to others</li></ul>Are you looking for an adventurous role, where you can demonstrate both technical, commercial, and personal leadership capability? Then this is for you!About the Team
Our Cape Town based MEA Pricing team operates within L&amp;H Hub EMEA, and within the UKI &amp; MEA Pricing unit in particular.The team delivers reinsurance pricing across a wide range of products in the Middle East &amp; Africa markets. We work cross-functionally with our colleagues in client management, underwriting, claims and reporting teams, as well as our counterparts within the broader EMEA region.Rotations and ad hoc support between the UK and MEA Pricing teams encourage continuous learning and career development, whilst bringing added perspective to our clients.This team is diverse but with a strong sense of community. The work is demanding, but we like to have fun too. We are committed, curious and supportive of one another. We offer a flexible working environment where curious and adaptable people thrive.About you:<ul><li>Qualified actuary (FASSA or equivalent) with approximately 4 to 8 yrs experience</li><li>Pricing experience, and/or familiarity with reinsurance structures and South Africa or UK retail protection market preferred</li><li>Excellent knowledge of relevant actuarial and statistical models (where R and GLM skills would be an advantage)</li><li>Strong customer focus with excellent inter-personal, communication, and influence skills</li><li>Highly motivated with the ability to produce accurate, high-quality work, under pressure, managing multiple priorities</li><li>An absolute team player, who is equally comfortable independently owning results and driving projects to execution</li></ul>Swiss Re offers modern work models and attractive work places that allow all employees to adapt to changing work preferences and life phases.
Preference will be given to Employment Equity candidates.About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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, race, ethnicity, 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.

About the roleAre you looking for an opportunity to grow Swiss Re’s business by influencing and executing the long-term strategy? Do you want to contribute to the East and West Africa Life and Health success story?Then your next career step might be as a Marketing Actuary!You will be Marketing Actuary with a strong emphasis on costing responsibilities, whilst building strong client relationships and taking ownership for individual insurance and reinsurance clients in the East and West African markets. This includes liaising with intermediaries such as brokers.This covers:<ul><li>Effective servicing approach to market by not only understanding client needs, but also have a great understanding of internal resources needs and capacity</li><li>Advise clients on the full spectrum of Swiss Re products and differentiating solutions to meet their strategic growth aspirations and Swiss Re’s business objectives</li><li>Significant costing responsibility for some of our key clients, working closely with the Southern Africa clients markets team to bring strong technical expertise to the client and to grow the portfolio</li><li>Client management responsibilities for Health Insurance clients and collaboration with the medical reimbursement products team</li><li>Building strategic relationships with key client contacts and foster trust and collaboration in all engagements</li><li>Own the quote process for assigned opportunities using technical expertise to support costing, review, and approve quotes within own authority</li><li>Responsible to run the costing for quotes up to their authority level</li><li>Market visits to clients in East and West Africa including representing Swiss Re in relevant market events and forums</li><li>Owning the development and implementation of market strategy in East and West Africa on L&amp;H including a view of optimal deployment of resources</li><li>Originate new opportunities/business in Core, Solutions and Transactions</li><li>Collaborate with the Swiss Re sustainability team to drive and contribute to sustainability initiatives in the region</li></ul>Our team:The Life &amp; Health Client Markets team is an energized collective, that supports each other diligently to offer excellent service to our existing clients, and also grow our portfolio sustainably. We work hard but smart, and builds in sufficient time to connect, have fun and build our internal and external relationships.We strive to achieve our ambitious targets and celebrate these with as much enthusiasm as we deployed to reach them. We have a dual mandate in wholistically owning the client relationships, but also in owning a significant part of the technical offering for clients serviced under the CMCA (Client Manager with Costing Authority) framework.Requirements<ul><li>Qualified actuary with 3-5 years' experience across different functions in the life and health insurance industry</li><li>Actuarial Pricing and product development skills and experience in applying the Actuarial control cycle</li><li>Interest in Customer Engagement and Servicing</li><li>An understanding of Sub-Saharan African markets including exposure to major economies in the region</li><li>Interest in innovation in the insurance value chain and in product development</li><li>Exposure to different cultures and ways of working</li><li>Pro-active "hunting" attitude and ability to read people and build new relationships</li><li>Ability to not get stuck in the detail and to see the bigger picture, being cognizant of the longer-term market implications</li><li>Excellent communication skills, both oral and written, and ability to influence the wider cross functional team and present a business case to senior management</li><li>Be an encouraging team-player contributing to the business unit across multiple fields.</li><li>Understanding of business French would be an added advantage.</li></ul>Preference will be given to Employment Equity candidates.About Swiss ReSwiss 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. 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, race, ethnicity, 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.

Designation: Actuarial AnalystLocation: Cape Town or Johannesburg, South AfricaWe are looking for diverse, bright-minded individuals who are interested in pursuing a career in the actuarial consulting industry to join our dynamic team in South Africa. This is an ideal opportunity to work and collaborate with our team of experts from across the world in a fast-paced, challenging and rewarding environment.Desired experience and professional qualifications:<ul><li>0-1 year of professional experience</li><li>Bachelors or Masters in a relevant field (Actuarial Science, Mathematics, Statistics, Economics, etc.)</li><li>Pursuing actuarial examinations from a recognized professional body/institute</li><li>Additional consideration will be given to individuals from a previously disadvantaged background.</li></ul>Desired competencies:<ul><li>Thorough understanding of actuarial subjects studied thus far</li><li>Keenness to learn and ask questions</li><li>Analytical and communication skills</li><li>Driven and self-motivated</li><li>Basic knowledge of MS Excel or VBA programming</li></ul>About Milliman:Milliman is one of the world’s largest independent professional services firms. Founded in 1947, the firm provides consulting services to clients in four practice areas: healthcare, life insurance and financial services, employee benefits and pensions, and property and casualty insurance. Today, Milliman has more than 4,600 employees, more than $1.38 billion in annual revenue in 2021, and more than 60 offices worldwide.About Milliman South Africa:Our offices in Johannesburg and Cape Town provide coverage across sub-Saharan Africa, focusing on life, non-life and microinsurance. We combine the expertise of our local offices with that of our colleagues across the world to provide global consulting solutions to our clients. Our service offerings include risk and capital management, financial reporting, product development and new market entry.

About the role:We are offering an exciting opportunity for an intellectually curious, highly motivated and passionate actuary in our Swiss Re Europe, Middle East and Africa Medical Insurance Products team in Cape Town. You will play an important role in providing high quality actuarial support to help grow the Medical Insurance business in Africa, Middle East and Europe. As a member of the Europe, Middle East and Africa Medical Insurance Products team, you will contribute to the development of innovative, market leading health reinsurance solutions and positively impact critical business and societal challenges.Specific responsibilities of this role include but are not limited to the following:1. Pricing and steering of existing and new business<ul><li>Perform day-to-day pricing, monitoring and benefit design for the relevant target markets.</li><li>Support clients with the benefit design and pricing of products.</li><li>Assume a proactive approach and critical reviews of pricing, benefit design and in steering of existing and new business.</li><li>Participate in client meetings, to understand client's needs, share our view of results and jointly steer the business together with our client partners.</li><li>Assist in identifying and driving risk management interventions that will help our clients to limit the increase in cost of healthcare expenditure.</li><li>Reviewing and approving within given authority group quotes our clients refer to us.</li></ul>2. Control and Monitoring process<ul><li>Assist with the production of monitoring reports for both internal and external use, to ensure that the performance of our different clients is tracked regularly.</li><li>Analysing reports and noting emerging trends and problems, as well as giving inputs on their successful resolution.</li></ul>About you:<ul><li>A qualified or nearly qualified actuary</li><li>A minimum of 4 years’ experience of which at least 3 years in a healthcare actuarial role</li><li>Experience in medical insurance is crucial, with understanding of pricing, monitoring and benefit design with modeling as beneficial</li><li>Excellent understanding of the South African healthcare and/or the broader African medical insurance markets, competitors, market trends and dynamics</li><li>Experience in developing, emerging medical insurance markets in Africa would be an advantage</li><li>Experience study and costing bases skills across Africa are highly preferential</li><li>Excellent analytical, problem solving and independent decision-making abilities</li><li>Good working experience with Microsoft Excel, Word and PowerPoint</li><li>Good working experience with SQL-based programs</li><li>Experience with SAS will be an advantage</li><li>Experience in people, project and process management</li><li>Strong customer focus with strong negotiation skills</li><li>Excellent inter-personal, communication and presentations skills</li></ul>We are looking forward to meeting you! Preference will be given to Employment Equity candidates.About Swiss ReSwiss 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 &amp; Casualty and Life &amp; 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, race, ethnicity, 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.

About Swiss Re



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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 &amp; Casualty and Life &amp; 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, race, ethnicity, 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. 




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About the role



We are offering an exciting opportunity for a highly motivated, dynamic actuary in our Life and Health Middle East &amp; Africa (MEA) Pricing team in Cape Town.

 

As a member of the Europe, Middle East and Africa (EMEA) hub you will develop innovative, market leading reinsurance solutions for the Middle East &amp; Africa markets, working collaboratively with local and global experts throughout Swiss Re.

 

This is also a client facing role: you will work closely with clients to understand their needs and deliver optimal solutions for them and for Swiss Re. You will apply your technical skills in a dynamic environment, thinking creatively to shape solutions to a broad range of challenges. You will also contribute to Swiss Re's wider market presence, including presenting at external events.

 

Responsibilities may vary and can include the following

<ul type="disc">
	<li class='job-list'>
	Lead the development and review of pricing bases and reinsurance terms for new and established products
	</li>
	<li class='job-list'>
	Collaborate cross-functionally with clients and external partners on pricing and product development opportunities
	</li>
	<li class='job-list'>
	Monitor performance of our reinsurance portfolio in conjunction with our reporting and experience studies teams
	</li>
	<li class='job-list'>
	Represent the MEA Pricing team within Swiss Re's wider EMEA Hub pricing community and maintain stakeholder relationships (alongside internal reporting)
	</li>
	<li class='job-list'>
	Depending on experience, own and drive thought leadership and provide guidance to others
	</li>
</ul>

 

Are you looking for an adventurous role, where you can demonstrate both technical, commercial, and personal leadership capability? Then this is for you!

 

About the team



Our Cape Town based MEA Pricing team operates within L&amp;H Hub EMEA.

The team delivers reinsurance pricing across a wide range of products in the Middle East &amp; Africa markets. We work cross-functionally with our colleagues in client management, underwriting, claims and reporting teams, as well as our counterparts within the broader EMEA region.

 This team is diverse but with a strong sense of community. The work is demanding, but we like to have fun too. We are committed, curious and supportive of one another. We offer a flexible working environment where curious and adaptable people thrive.

 

About You



<ul type="disc">
	<li class='job-list'>
	Qualified actuary (FASSA or equivalent) with approximately 4 to 8 yrs experience, including 2+ years post-qualified
	</li>
	<li class='job-list'>
	Exceptional performance record – academically and on the job – with notable leadership potential
	</li>
	<li class='job-list'>
	Appetite for a multi-dimensional role that balances technical strength with client management and consulting
	</li>
	<li class='job-list'>
	Excellent knowledge of relevant actuarial and statistical models (where R and GLM skills would be an advantage)
	</li>
	<li class='job-list'>
	Pricing experience, and/or familiarity with reinsurance structures and South Africa retail protection market preferred
	</li>
	<li class='job-list'>
	Strong customer focus with excellent inter-personal, communication, and influence skills
	</li>
	<li class='job-list'>
	Highly motivated with the ability to produce accurate, high-quality work, under pressure, managing multiple priorities
	</li>
	<li class='job-list'>
	An absolute team player, who is equally comfortable independently owning deliverables and driving projects to execution
	</li>
</ul>

 

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of religion, gender, including gender identity or expression, sexual orientation, age, marital status, veteran status, or disability status.



Swiss Re offers modern work models and attractive work places that allow all employees to adapt to changing work preferences and life phases. Preference will be given to Employment Equity candidates.
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Keywords:   
Reference Code: 116318 


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