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. Disclaimer As an applicant, please verify the legitimacy of this job advert on our company career page. Role Purpose Analyse data by using statistical models in order to support the actuarial team in probability and cost calculations that impact the financial viability of products and pricing models. Requirements 12 years experience in actuarial analysis ,Formal qualificationsDegree in Actuarial Sciences, Statistical Analysis, Mathematics or related field, Formal qualificationsHonours degree in Actuarial Science, Onthejob training / qualifications, Specific licensing or registrationActuarial student, Specific licensing or registration:Actuarial student, Formal qualifications:Degree in Actuarial Sciences, Statistical Analysis, Mathematics or related field, Formal qualifications:Honours degree in Actuarial Science, Onthejob training / qualifications:, Microsoft Excel VB scripting SQL (where applicable) , Actuarial modelling Statistical analysis techniques Duties & Responsibilities INTERNAL PROCESS Analyse data from various sources to assess completeness and accuracy, identifying potential errors and irregularities, to ensure accuracy of insights and analysis. Source and analyse competitor products and pricing models to provide insight into product and pricing models. Perform statistical investigations, modelling and data analysis using specialised software, to support the actuarial team. Assess data and build statistical models to make predictions, conduct costbenefit analyses or develop risk projections based on a variety of factors. Calculate insurance reserves for relevant products, to determine financial viability of solutions. Prepare reports and present insights derived from analyses, to support decisionmaking and inform appropriate actions through various options and scenarios. Provide technical actuarial support to the actuarial team and internal stakeholders to support various initiatives. CLIENT Provide authoritative, expertise and advice to clients and stakeholders. Build and maintain relationships with clients and internal and external stakeholders. Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed. Make recommendations to improve client service and fair treatment of clients within area of responsibility. Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service. Conduct relevant research to inform assumptions, projections and advise provided to the business, and to develop own expert opinion. PEOPLE Develop and maintain productive and collaborative working relationships with peers, clients and stakeholders. Positively influence and participate in change initiatives. Continuously develop own expertise in terms of professional, industry and legislation knowledge. Contribute to continuous innovation through the development, sharing and implementation of new ideas. Take ownership for driving career development. Effectively manage time and ensure optimal productivity. Ensure technical product and legislative knowledge is always current in order to propose the most relevant and innovative client solutions and comply with governance requirements. Be selfconfident, selfmotivated and relentlessly pursue targets and goals. FINANCE Identify solutions to enhance cost effectiveness and increase operational efficiency. Manage financial and other company resources under your control with due respect. Provide input into the risk identification processes and communicate recommendations in the appropriate forum. Competencies Examining Information : Analyses and processes information asks probing questions strives to find solutions to problems, Interpreting Data : Interprets data rationally by quantifying issues applies technology as a means to evaluating data evaluates information objectively, Providing Insights : Is focused on continuously improving things provides insights by identifying key issues makes intuitive judgments, Exploring PossibilitiesIs conceptual when developing ideas applies theories to problem solving prefers to learn by thinking and identifying underlying principles, Articulating Information : Is articulate in giving presentations is eloquent and explains things well projects social confidence when articulating information, Meeting Timescales : Is target focused and meets deadlines is punctual and keeps to schedule is reliable in finishing tasks, Checking Things : Is meticulous in finding errors ensures accuracy by being thorough and checking details produces high quality work by being detailed, Producing Output : Is focused on activity and works quickly keeps busy and maintains productivity is comfortable multi:tasking to produce output, Examining Information:Analyses and processes information asks probing questions strives to find solutions to problems, Interpreting Data:Interprets data rationally by quantifying issues applies technology as a means to evaluating data evaluates information objectively, Providing Insights:Is focused on continuously improving things provides insights by identifying key issues makes intuitive judgments, Exploring Possibilities:Is conceptual when developing ideas applies theories to problem solving prefers to learn by thinking and identifying underlying principles, Articulating Information:Is articulate in giving presentations is eloquent and explains things well projects social confidence when articulating information, Meeting Timescales:Is target focused and meets deadlines is punctual and keeps to schedule is reliable in finishing tasks, Checking Things:Is meticulous in finding errors ensures accuracy by being thorough and checking details produces high quality work by being detailed, Producing Output:Is focused on activity and works quickly keeps busy and maintains productivity is comfortable multitasking to produce output.