Actuarial Analyst

3 days ago

Sandton, South Africa Mednurse Full time

The Head Office of a large Private Hospital Group is seeking an Actuarial Analyst who will report directly to the GM Actuarial Analysis. The Actuarial Analyst will supplement the analytics team in data analysis and statistical reporting to the business. The incumbent will further be responsible for delivering business intelligence across a wide range of areas.

Key work output and accountabilities
Actuarial Analysis
High-level actuarial calculations and data analysis to drive company key strategic initiatives.
Use standard tools to compile and analyse data, predicting future performance and performing risk analysis to identify variances and trends.
Develop reporting tools to assist with ad-hoc reporting in terms of management requirements.
Provide input on funder product development, partnerships, and hospital event cost analysis.
Understand hospital pricing and tariffs with the aims to develop Alternative Reimbursement Models (ARMs).
Develop and produce regular reports to monitor the effectiveness of these Alternative Reimbursement Models (ARMs).
Develop specific models and tools that allow the company to properly evaluate potential gains and losses of proposed business plans and processes.
Present data and findings in an understandable way such that it provides actionable insights for business users and medical schemes.

Stakeholder Relations
Work effectively and co-operatively with others to establish and maintain good working relationships that are mutually beneficial, internally, and externally.
Create and maintain a positive environment where the differences of others are recognized, understood, and valued, so that all can reach their full potential and maximize their contributions.
Develop collaborative relationships to help accomplish work goal.

Transformation
Ensure achievement of transformation goals as set out by the Transformation Committee.

Personal and professional development
Assume responsibility for own personal and professional development to maintain a satisfactory level of skill and knowledge.
Keep up to date with the Group's evolving policies and procedures.

Skills profile

Education
Bachelor of Science (B.Sc. Degree) in Actuarial Science, Mathematics or Statistics at a NQF level 7

Work experience
Minimum of 3 years relevant Healthcare experience
Strong analytical and problem-solving skills
Ability to identify trends in a logical, systemic way
Good communication skills
A team player who can work alone when required and without supervision
Proven experience in successfully managing multiple projects
Ability to work under pressure and at fast pace
Ability to understand the urgency of various tasks, with ability to prioritise
High level of attention to detail, resilience, enthusiasm, and drive
Ethical and able to maintain confidentiality
Self-starter

Knowledge
Advanced computer proficiency (MS Office)
Advanced knowledge of spreadsheets, databases, statistical analysis programs
SQL experience
Knowledge of business intelligence tools

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