Actuarial Analyst

4 days ago


Centurion, South Africa Isikhungo Business Solutions Full time

If you're passionate about leveraging data to make informed business decisions and thrive in a collaborative environment.

**Responsibilities**:

- Contribute to mergers and acquisition, product development, benefit design and review process, pricing and other actuarial evaluation and actuarial reports from schemes and other related research studies.
- Update actuarial forecasting models, refine & collect appropriate data for actuarial analysis, and ensure reasonableness and accuracy by coordinating and supporting the Policy, Research & Monitoring Division and maintaining forecasting models.
- **C**ollaborate with other units within the organisation to ensure the accurate and efficient implementation of metrics and data.
- Participate and assist in various committees related to the PMB Review project.
- Provide actuarial support to other business units and participate in projects as and when required.
- Undertake allocated assignments/tasks following our clients' operational requirements.

**Requirements**:

- Bachelor’s degree in Actuarial Science or Advanced Diploma/Bachelor’s degree in Statistics or Mathematics, or relevant equivalent qualification at NQF Level 7;
- Minimum of 5 years actuarial experience, 2 years of which must be in product development at a specialist/supervisory/ management level.
- Valid registration with the Actuarial Society of South Africa.
- An Honours degree qualification in Actuarial Science or Statistics or Mathematics at NQF Level 8 will be an added advantage.
- Experience in healthcare research, and actuarial analysis, and/or maintaining actuarial models for risk assessment of insurance products will be an added advantage.

**Knowledge Areas**:

- Knowledge of all related legislation impacting on and influencing the functioning of the organisation (MSA, CMSLA, etc.);
- Understanding of evidence-based medicine principles;
- Knowledge of research methodologies;
- Knowledge of health financing systems and economics;
- Collect, analyse, and interpret large sets of data to inform actuarial decisions. ;
- Knowledge of public and private healthcare, including National Department of Health policies and strategic plans
- Understanding of budget impact analysis, economic evaluation techniques, priority setting or evaluation of interventions;
- Literature searching and synthesising research evidence; and

**Skills & Behavioural Attributes**:

- Qualitative and Quantitative research
- Strong proficiency in actuarial modelling software and statistical analysis tools.
- Analytical and proficient in related tools (e.g. Excel, SAS, STATA or SPSS, SQL).
- Attention to detail, negotiation, communication and interpersonal skills.
- Organising and project management skills.
- Problem definition, analysis and decision-making.
- Presentation and report writing skills.

**Job Types**: Full-time, Permanent

Pay: R80 000,00 - R90 000,00 per month

Application Question(s):

- What is your current salary?
- How many years have you worked in the Healthcare space?
- Have you completed the following level of education: Bachelor's Degree?
- Are you registered with the Actuarial Society of South Africa?

Application Deadline: 2024/05/03


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