Actuarial Analyst Job at Netcare

• The Actuarial Analyst will be responsible for assisting the analyst team in data analysis and statistical reporting to the business. 
• The incumbent will further be responsible to deliver business intelligence across a wide range of areas.

Actuarial Analysis 

• Understand the impact of hospital pricing and tariffs with the specific aim of developing Alternative Reimbursement Methods (ARM).
• Develop and produce reports to monitor the effectiveness of these ARM.
• Understand the key risks faced by the business due to hospital event costs and develop reports to track and manage the risks.
• Report on profitability analysis by medical scheme and ARM type contract.
• Report on revenue mix and understanding causes of variance.
• Analyse hospital events and report on usage of consumables and drivers of cost by hospital and other variables.
• Provide advice and input on product development, partnerships, funder negotiations and hospital event cost analysis.
• Provide ad hoc reporting and analysis in terms of management requirements.

Essential Requirements

• A Tertiary Commercial Qualification at NQF level 7.
• BSC Actuarial Science, Mathematics or Statistics.

Work Experience 

• A minimum of 3 years relevant Healthcare experience.
• Strong analytical and problem-solving skills.
• Ability to identify trends in a logical, systemic way.
• High level of attention to detail, resilience, enthusiasm, and drive.

Knowledge 

• High level of attention to detail, resilience, enthusiasm, and drive.
• Advance knowledge of spreadsheets, databases, statistical analysis programs.