Actuarial Analyst at Netcare

• The Actuarial Analyst will be responsible for assisting the analyst team in data analysis and statistical reporting to the business.
• The incumbent will further be responsible to deliver business intelligence across a wide range of areas.

Key Work Output and Accountabilities 

Actuarial Analysis ​

• Understand the impact of hospital pricing and tariffs with the specific aim of developing Alternative Reimbursement Methods (ARM).
• Develop and produce reports to monitor the effectiveness of these ARM.
• Understand the key risks faced by the business due to hospital event costs and develop reports to track and manage the risks.
• Report on profitability analysis by medical scheme and ARM type contract.
• Report on revenue mix and understanding causes of variance.
• Analyse hospital events and report on usage of consumables and drivers of cost by hospital and other variables.
• Provide advice and input on product development, partnerships, funder negotiations and hospital event cost analysis.
• Provide ad hoc reporting and analysis in terms of management requirements.

Stakeholder relationships

• Work effectively and co-operatively with others to establish and maintain good working relationships that are mutually beneficial.
• 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.

Inherent Requirements 

• A Tertiary Commercial Qualification at NQF level 7.
• BSC Actuarial Science, Mathematics or Statistics.

Work Experience 

• A 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.

Knowledge 

• Advanced computer proficiency (MS Office).
• Advance knowledge of spreadsheets, databases, statistical analysis programs
• SQL experience.
• Knowledge of business intelligence tools.
• Oral and written communication skills when preparing reports and giving presentations.
• Self-starter.