ACTUARIAL ANALYST
ACTUARIAL ANALYST
Posted on :
25-04-2024
Employer Active
1 Vacancy
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Jobs by Experience
5years
Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
25-04-2024
Job Description
Req ID : 2752381
The purpose of the job is to analyse data and derive insights utilising statistical and actuarial models to inform product development benefits design and pricing within the CMS and the healthcare industry. As an Actuarial Analyst you will be responsible to:
Research and advocate various policy issues and concepts to help improve the healthcare system 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.
Analyse develop and validate statistical data Update actuarial forecasting models refine and collect appropriate data for actuarial analysis and ensure reasonableness and accuracy by coordinating and providing support to the Policy Research and Monitoring Division and CMS and update and maintain forecasting models.
Apply the latest procedures standards and trends like costbenefit analysis programme evaluation etc. for the development of health plans.
Design health metrics and data analysis methods collaborate 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 in accordance with CMS operational requirements.
Training and Knowledge areas:
Knowledge of all related legislation impacting on and influencing the functioning of the organisation (MSA CMSLA etc.);
Understanding of evidencebased 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
Computer Literacy.
Technical Skills and 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 decisionmaking.
Presentation and report writing skills
Requirements
The successful candidate will have the following essential qualifications competencies and skills:
A 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.
Benefits
The total annual package for the position is R.00
Note: Correspondence will be limited to shortlisted candidates only. If you do not hear from us within two (2) months of this advertisement please accept that your application was unsuccessful. TBLS reserves the right to appoint or not to appoint for the above position.
The successful candidate will have the following essential qualifications, competencies, and skills: A 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.
Employment Type
Full Time
Key Skills
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