Healthcare Actuarial Analyst | Pricing and Product Development Expert

3 weeks ago


Cape Town, Western Cape, South Africa Network Recruitment Full time
Pricing and Product Development Expert

Network Recruitment is seeking a skilled and detail-oriented Healthcare Actuarial Analyst to join our team. As a Pricing and Product Development Expert, you will be responsible for monitoring, analyzing, and pricing medical schemes, identifying risks and optimizing pricing models.

Duties & Responsibilities:
  • Support the Senior Pricing Actuary in monitoring, analyzing, and pricing medical schemes, identifying risks and optimizing pricing models.
  • Contribute to the design and refinement of healthcare products to meet client needs.
  • Perform in-depth research to inform competitive pricing and market strategies.
  • Use SAS, SQL, and advanced Excel functions to extract and analyze data, identify trends, and understand causes of deviations.
  • Examine inconsistencies, explore different scenarios, and provide best-practice recommendations.
  • Assist with financial reporting, including calculating IBNR using actuarial methods, such as short-term insurance runoff triangles and statistical modeling.

Requirements:
  • Bachelor's Degree with majors in Actuarial Science, Mathematical Statistics, or Mathematics.
  • Advanced skills in Excel (including macros), and proficiency in SAS or SQL for data manipulation and management.
  • Strong analytical capabilities with practical data manipulation experience.


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