Our client is a financial services group that offers practical financial solutions for people, communities and businesses. They are looking for a Senior Actuarial Analyst to join their Health Solutions team. The purpose of this role is to assist the business in designing and pricing products/solutions for employer groups and retail members of medical schemes and understanding the shared value generated by incentivised wellness. 

Candidates who are interested should have at least 5 years’ actuarial modelling / pricing experience in healthcare or short-term insurance. You should be proficient in SQL, and exposure to wellness and rewards is preferred. 

Responsibilities will include: 

• Maintaining the actuarial and pricing models to support the ongoing financial management, forecasting, budgeting and analysis of variance, of the various products/solutions. 

• Performing pricing and financial modelling to assess the financial impact of wellness and partner solutions. 

• Building and maintaining models to form a detailed understanding of the attributes of clients using the product including, but not limited to, life expectancy, persistency, buying behaviour and health and wellness behaviour. 

• Playing a pivotal role in the product development process and resultant product specifications for wellness and partner solutions, and ensuring that business rules are in line with pricing intent. 

• Assisting in establishing processes to measure the impact of the product on client behaviour and health/scheme claims and profitability. 

For more information, please contact Henda ([email protected] or +27 (0)83 603 2961).