Healthcare Actuarial Analyst - Pricing and Product Development

SUMMARY:
Are you a data-driven innovator with a passion for healthcare? As a Healthcare Pricing & Product Development Specialist, based in Cape Town, you'll collaborate with a Senior Pricing Actuary to shape solutions, manage claims risks, and drive strategic product development. This is a chance to use your actuarial or statistical skills to make a meaningful impact in the healthcare industry.

POSITION INFO:
Duties & Responsibilities:

• Pricing Analysis: Support the Senior Pricing Actuary in monitoring, analyzing, and pricing medical schemes, identifying risks and optimizing pricing models.
• Product Development: Contribute to the design and refinement of healthcare products to meet client needs.
• Market Research: Perform in-depth research to inform competitive pricing and market strategies.
• Data Management & Analysis: Use SAS, SQL, and advanced Excel functions to extract and analyze data, identify trends, and understand causes of deviations.
• Scenario Investigation: Examine inconsistencies, explore different scenarios, and provide best-practice recommendations.
• Financial Reporting: Assist with financial reporting, including calculating IBNR using actuarial methods, such as short-term insurance runoff triangles and statistical modeling.

• Educational Background: Bachelor’s Degree with majors in Actuarial Science, Mathematical Statistics, or Mathematics.
• Technical Skills:
  • Advanced skills in Excel (including macros), and proficiency in SAS or SQL for data manipulation and management.
  • Strong analytical capabilities with practical data manipulation experience.