Munich Reinsurance Company of Africa Limited (MRoA) has been operating in South Africa for over 50 years, although the Munich Re (Group) was active on the Continent via Munich Re in Munich for some years prior to commencing the Southern African operation in Johannesburg in 1968. The Head Office of MRoA is in Johannesburg, with a client service Life office situated in Cape Town.
Capital management production and reporting for management information.
? Producing and reporting on SAM, IFRS and Solvency II valuations
? ORSA figures production working closely with the risk management team
? Continuous improvement of the valuation process, systems & reports
? Provide management with information on significant and important movements in results & profitability
? Ensure stability, trustworthiness and maintenance of valuation models
? Ensure appropriateness of the valuation data, models and assumptions
? Ensure sound relationships with all internal stakeholders
? Assist the Manager in managing major projects
? Degree in Actuarial Science
? Progress with actuarial exams important
Experience and Skills:
? Minimum of 4 years’ experience working in Life Valuations on different bases
? Experience in capital management including ORSA
? Experience in SAM valuations and reporting, especially completion of the QRTs and ARTs.
? Ability to plan and work within tight deadlines
? Preferably an adequate understanding of reinsurance
? Good verbal, communication, presentation and negotiation skills
? Knowledge of AXIS valuation software would be advantageous
? Programming kills in SQL or VBA would be an advantage.
Munich Re is one of the world's leading reinsurance companies with more than 11,000 employees at over 50 locations around the globe. We are working on topics today that will concern the whole of society tomorrow, whether that be climate change, major construction projects, gene technology or space travel. We find solutions to these challenges through a network of highly qualified professionals who anticipate risks, work on tailor-made solutions and expertly advise our clients. If you want to help shape the future as part of one of our teams, we look forward to hearing from you.
If you have any queries, please contact the Recruiter: Zama Khoza at ********** is a permanent position based in Johannesburg. The closing date for this vacancy is 27 September 2019.If you do not hear from us within 30 days after the closing date, please consider your application unsuccessful.