Senior Actuary: Structured Solutions Portfolio at Munich Re

Your Role:

• Manage the financial performance of MRAB’s Structured Solutions reinsurance treaties.
• Identify and implement improvements to the financial and risk management processes monitoring the in-force reinsurance portfolio, ensure the infrastructures meet our evolving business needs. 
• Perform experience and other investigations on the portfolio and make sound risk and profitability management recommendations.
• Coordinate with valuation teams, accounting teams, Regional Structured Solutions team and central units to fulfil the ongoing monitoring and reporting requirements
• Support the quarterly and annual Solvency II, IFRS and local statutory reporting (if applicable) of LH2 financial reinsurance transactions
• Provide up-to-date insights on the regulatory, market and economic factors that affect  the performance of MRAB’s Structured Solutions’ portfolio.
• Ensure compliance with the relevant regulatory requirements of  the portfolio and  the Munich Re Group standards.
• Train and develop MRAB Structured Solutions team in the fields of risk and profitability management.
• Senior contributor to the development and implementation of MRAB Structured Solutions strategy goals .

Your profile:

• Actuarial Qualification: Fellowship of a recognised Actuarial Society. 
• Minimum of 10 years’ experience in life insurance, reinsurance, actuarial consulting, corporate actuarial, financial reporting or life insurance auditing. Experience in insurance capital  management or investment market analysis will be beneficial.
• Technically strong in accounting, financial reporting and actuarial concepts.
• Sound understanding of Life & Health insurance and reinsurance markets in South Africa and other Sub-Saharan African markets.
• Detailed knowledge in insurance and financial services regulatory requirements and insurance accounting standards.

Our Benefits

• Life and Health Benefits
• Retirement Benefits
• Hybrid working environment
• Bonus Scheme
• Employee Assistance Program

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