Actuarial Analyst

2 days ago


Centurion, Gauteng, South Africa MMI Holdings Ltd Full time
Actuarial Analyst Job Description

Momentum Health Solutions, a leading entity of MMI Holdings Ltd, is seeking an experienced Actuarial Analyst to join our team. As an Actuarial Analyst, you will play a crucial role in assisting the business to price and monitor all the Multiply products/solutions and partners, and understand the shared value generated by wellness and partners.

Key Responsibilities:
  • Maintain actuarial and pricing models to support ongoing financial management, forecasting, budgeting, and analysis of variance for various products/solutions.
  • Perform pricing and financial modeling to assess the financial impact of wellness and partner solutions.
  • Develop detailed membership and revenue projections for various products/solutions.
  • Build and maintain models to form a detailed understanding of Multiply client attributes, including life expectancy, persistency, buying behavior, and health and wellness behavior.
  • Provide input into product development processes for wellness and partner solutions.
  • Assist in establishing processes to measure the impact of Multiply on client behavior and health/scheme claims and profitability.
  • Prepare required pricing and actuarial reports and insights for key stakeholders across the business.
Requirements:
  • Bachelor's degree in Actuarial Science.
  • Honours degree in Actuarial Science (preferred).
  • Actuarial student (essential).
  • Good progress in actuarial exams (essential).
  • 4 years' actuarial experience within the financial services industry (essential).
  • Understanding of Wellness and Rewards Programs (preferred).
  • Proficient in MS Office (including Advanced Excel).
  • Proficient in SQL.
Competencies:
  • Business Acumen.
  • Client/Stakeholder Commitment.
  • Drive for Results.
  • Leads Change and Innovation.
  • Motivating and Inspiring Team.
  • Collaboration.
  • Impact and Influence.
  • Self-Awareness and Insight.
  • Diversity and Inclusiveness.
  • Growing Talent.

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