KEY PRIMARY RESPONSIBILITIES
Pricing of medical insurance contracts/schemes and tenders to ensure competitiveness and business profitability
Work with the internal business development team in Product development, review existing products’ performance and features, and advise management on appropriate changes to adopt.
Perform claims experience analyses to monitor client performance. Prepare clients’ claims experience reports detailing the performance status of the contracts/schemes.
Supporting data analytics and business intelligence analytics in the medical class of business. Conduct cleaning and management of data used in various projects.
Carry out actual Reserving for claims, premiums and expenses, and other financial projections.
Carry out reinsurance utilization analyses and provide guidance on the adequacy of reinsurance arrangements
Developing and maintaining effective actuarial reports of business historical performance with suggested management actions and recommendations.
Assist the department in identifying, and quantifying risk where appropriate and formulating appropriate risk mitigation measures.
Conducting research work within the Line of Business, aligning with local and international industry developments.
Assist in client communication management, including drafting reports, and presentations, actively participating with team members in client meetings
Participate in cross-departmental team activities to support organizational needs as may be required;
Supporting the IFRS 17 implementation.
ACADEMIC QUALIFICATIONS
Bachelor’s Degree in Actuarial Science or any other related field.
JOB SKILLS AND REQUIREMENTS
Proficiency in analytical software /tools (e.g., R, Python, SAS, Advanced Excel, and SQL)
Excellent analytical, problem-solving, and critical thinking skills.
Strong communication skills, both written and verbal, with the ability to present complex information in a clear and concise manner.
Ability to work independently and collaboratively within a team environment.
Strong organizational and time management skills, with the ability to manage multiple tasks and meet tight deadlines.
PROFESSIONAL QUALIFICATIONS
Good progress with professional examinations – a minimum of 3 professional exams
EXPERIENCE
At least 2 years of relevant actuarial experience, preferably in the insurance industry.
Apply via :
apollogrouprec.peopleshr.com
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