Actuarial Analyst at Momentum Metropolitan Holdings Limited

INTRODUCTION
Momentum Health Solutions, an entity of Momentum Metropolitan Holdings 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.

ROLE PURPOSE
The purpose of this position is to support the actuarial function focussed on healthcare in the restricted schemes environment. The team shares diverse responsibilities and works with a wide group of internal and external stakeholders across South Africa.

WHAT YOU'RE GOING TO DO
Functions include but are not limited to:

• Understand and extract medical data and perform detailed data analyses.
• Set key assumptions, monitor and measure these assumptions over time
• Interact with multiple departments and understand complex data structures (including a good relationship with Business Intelligence).
• Ability to provide insights into claims and contributions of Schemes.
• Focus on automation, streamlining and optimisation of the modelling and reporting processes.
• Scheme benefit design and contribution setting
• Peer review and providing of ad-hoc support required by team members.
• Building and maintenance of technical models (reserving, projections, pricing, demographic etc.),
• Work closely with various teams (stakeholders) in preparing proposals on interventions
• Production of standard and non-standard reports
• Positively influence and participate in change initiatives
• Effectively manage time and ensure optimal productivity
• Contribute to continuous innovation through the development, sharing and implementation of new ideas
• Attend and present at meetings with internal and external clients

WHAT YOU'LL NEED:

• Degree in actuarial science or similar field of study.
• Good progress with actuarial papers
• Attempting the F-series level of exams
• Pass/Exemption for the Actuarial Risk Management subject (CA1 / A311)
• Registered with the Actuarial Society of South Africa
• SQL and MS Excel skills (VBA advantage)
• Advanced experience in Microsoft office programs (especially in PowerPoint and Excel)

WHAT COMPETENCIES YOU'LL REQUIRE

• Ability to work independently and remotely
• Strong technical aptitude
• Problem identification and problem solving.
• Attention to detail.
• An ability to cope with a changing environment and work with changing projects and responsibilities.
• Excellent verbal and written communication skills.
• Strong conceptual thinking
• An understanding of the medical schemes regulatory environment.

ADDITIONAL INFORMATION
Shortlisted candidates will be subjected to the following statutory checks:

• ITC
• Criminal
• References
• Qualification