Senior Actuarial Analyst

**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**
Utilise Actuarial skills to assist the business to design and price health solutions for employer groups and retail members of an open medical scheme client and maintain the components of the models used for future projections and estimating outstanding claims.
**Requirements**:
- 5 years or more experience in actuarial analysis
- Degree in Actuarial Science
- Honours Degree in Actuarial Science (preferred)
- Good progress in actuarial exams (Completed A level exam and A311 and completed or attempting F1 or F2 level exams)
- Exposure to product development and/or pricing experience
- Exposure to healthcare pricing and/or benefit design
- Exposure to standard business packages - e.G. Excel
- Proficiency in SQL and VBA (preferred)
**Duties &
Responsibilities**
- Develop and maintain health solutions, interventions, and products for employer group and retail clients of a large open medical scheme client.
- Assist in running the benefit design process to ensure input from and consultation with all internal and external stakeholders and keeping them up to date throughout the design process.
- Ensure design initiatives for health solutions launch are costed with sufficient information provided for decision makers and ensure readiness for implementation post-launch with accurate and complete product specifications.
- Assist in maintaining processes to monitor current projections and experience against budgeted figures or other expectations and to pick up and rectify any discrepancies proactively.
- Assist with regular maintenance on components of pricing and projection model such as seasonality and IBNR factors
- Automation of reports and improving efficiency in the team by continual improvement of models and reports, using VBA, cubes, and data visualisation tools.
**Competencies**
- Business Acumen
- Client/ Stakeholder Commitment
- Drive for Results
- Leads Change and Innovation
- Collaboration
- Impact and Influence
- Self-Awareness and Insight
- Diversity and Inclusiveness