Actuarial Quantitative Analyst

7 days ago


Centurion, Gauteng, South Africa MMI Holdings Ltd Full time
Job Title

Actuarial Analyst

Job Description

Momentum Health Solutions, an entity of MMI Holdings Ltd, delivers sustainable, integrated health solutions that meet the needs of clients in the different segments and maximise lifetime client value. We build and maintain a culture of innovation, and create value through unique insights of how to achieve specific outcomes by using a defined set of Health capabilities.

Key Responsibilities
  1. Maintain actuarial and pricing models to support ongoing financial management, forecasting, budgeting and analysis of variance, of the various products/solutions.
  2. Perform pricing and financial modelling to assess the financial impact of wellness and partner solutions.
  3. Perform detailed membership and revenue projections for the various products/solutions.
  4. Build and maintain models to form a detailed understanding of the attributes of a Multiply client including, but not limited to, life expectancy, persistency, buying behaviour and health and wellness behaviour.
  5. Provide input into the product development process for wellness and partner solutions.
  6. Assist in establishing processes to measure the impact of Multiply on client behaviour and health/scheme claims and profitability.
  7. Prepare the required pricing and actuarial reports and insights for key stakeholders across the business.
  8. Build and maintain relationships with clients and internal and external stakeholders.
Requirements
  1. Bachelor's degree in Actuarial Science.
  2. Honours degree in Actuarial Science (preferred).
  3. Actuarial student (essential).
  4. Good progress in actuarial exams (essential).
  5. 4 years' actuarial experience within the financial services industry (essential).
  6. Understanding of Wellness and Rewards Programs (preferred).
  7. Proficient in MS Office (including Advanced Excel).
  8. Proficient in SQL.

Competencies required include: 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, and Growing Talent.


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