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Cape Town, Western Cape, ZA

Actuarial Graduate


About Swiss Re

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.

At Swiss Re we combine experience with creative thinking and cutting-edge expertise to create new opportunities and solutions for our clients. This is possible thanks to the collaboration of our 15,000 employees across the world.

We offer a flexible working environment where curious and adaptable people thrive. Are you interested in joining us?


About the Programme

We 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 2021.


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 role

We are looking for an intellectually curious, highly motivated and passionate Graduate to join our Life & Health (L&H) Valuations Team in Cape Town. You will play an important role in the valuation of life & health business around the African continent as well as other world markets.


You will support us in providing high quality actuarial input to various stakeholders in Swiss Re including the Chief Actuary and head of marketing. Through great teamwork and collaboration, you will gain a deep understanding of the L&H reinsurance market, a variety of insurance and reinsurance products and how they are valued for internal and external reporting. We will also give you the opportunity to participate and contribute to projects that are relevant to the wider Swiss Re Group.  


Specific responsibilities of this role include but are not limited to the following:

  • Support the day-to-day valuation work across different lines of business in the target markets
  • Be involved in the quarterly valuation process across all lines with a specific goal of improving its efficiency and accuracy
  • Support the preparation of actuarial documents to be presented to internal stakeholders and the Board of Directors
  • Complete experience studies whose results will be reflected in the valuation of the business
  • Support the Chief Actuary on ad hoc projects as and when they arise

About You


  • Successfully completed university degree in Actuarial Sciences or equivalent
  • Minimum of 5 Actuarial Exemptions obtained
  • First re/insurance experiences gained through vacation work or internships is an advantage
  • Strong interest in/motivation to learn about insurance/reinsurance
  • Strong communication and presentation skills
  • Approaches problems with curiosity and open-mindedness, is a fast learner
  • Innovative, showing a high degree of own initiative
  • Team-player, willingness to contribute actively to the overall team spirit
  • Ability and enthusiasm to work in a global and multicultural environment
  • Aptitude to express him-/herself effectively in one-on-one conversations and small groups
  • Mature & self-confident; Able to work with clients, business partners or senior colleagues
  • Capacity to readily adapt to a changing and dynamic environment
  • Proficiency in MS Office applications (Excel, PowerPoint, Word)


  • Due to Immigration regulations, we can only accept applications from South Africans  


  • Preference will be given to designated applicants as per the employment equity act
  • Application deadline: 31 August 2020.



Reference Code: 92621