Munich Reinsurance Africa invites unemployed graduates to apply for Actuarial Graduate Traineeships / Traineeship Programme for 2026.
Location: Johannesburg, Gauteng, South Africa
Job Type: Graduate Traineeship
Closing Date: Not Specified
We are looking for Actuarial Graduate Trainees to join our Munich Reinsurance Africa Branch Team.
Your Programme:
As a Graduate, you will;-
- Take part in soft skills and technical training
- Conduct day-to-day business unit specific tasks
- Participate in team specific tasks and deliverables
- Participate in cross-divisional project teams
- Participate in team and business projects
Duties and Responsibilities:
- Transform client data into a useable format for analysis
- Calculate group risk quotes, for all benefits, using the tools provided
- Understand the modelling and pricing of reinsurance and insurance products
- Identify risk, assess these and document accordingly
- Check data and create movement analysis
- Review, report and calculate reserves
- Use and run models
- Review, compile and/or provide content to actuarial/risk reports
Requirements:
- Recent Actuarial Science Graduate (Undergraduate/Honours) – due to onboarding timelines, final year students completing their undergraduate degree in 2025 will not be considered for this intake
- Good coding/programming skills
- Ability to work under pressure and multitask
- Working knowledge of statistical and mathematical methods and analysis
Munich Re will offer:
- Learning and Development opportunities
- Support with Actuarial Exams
- 12 months fixed term contract (with a possible 12-month extension)
How to Apply for Munich Reinsurance Africa: Actuarial Graduate Traineeships 2026
Click on the Apply Now button below to apply online for Munich Reinsurance Africa: Actuarial Graduate Traineeship Programme
CLICK HERE FOR MORE TRAINEESHIP/TRAINING OPPORTUNITIES
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