Job Description

Hello...an exciting new opportunity has just become available in our Hollard Health, Underwriting area. We are looking to recruit an Actuarial Analyst (Permanent).
As Hollard Health, we are passionate about Africa and we believe that the most powerful way to create a better future for the continent, is to improve the health of her people. We bring unrivalled healthcare to businesses operating across Africa by providing locally admitted, and therefore compliant, health insurance with value-for-money benefits and global administration capabilities.
The purpose of this job will be to handle the production of quotes for new business and renewal opportunities. Comprehensive analysis of health insurance risks associated with the portfolio will be conducted to ensure the well-being of the portfolio. Emphasis will be placed on driving continuous improvement in health insurance product pricing and development strategies. Furthermore, constructing comprehensive reports will be part of the responsibilities to proficiently communicate essential insights and findings.
Key Responsibilities:
Ensure timely preparation, submission, and reporting of book rated new and renewal quotes.
Construction and maintenance comprehensive reports to give insights on key Underwriting KPIs.
Provide underwriting support in the preparation and submission of experience rated quotes and renewals.
Apply actuarial modelling techniques, statistical methodologies, and other analytical technical skills to extract meaningful insights on future trends and expectations within the medical insurance space.
Implementation and reporting of hit ratios and other relevant quote statistics.
Assistance with ad-hoc projects as and when needed.
Conduct competitor benefits and pricing analytics to give input in HH product development and pricing.
Perform comprehensive Trend Analysis of healthcare costs based on historical claims experience.
Building, maintenance, and improvement of actuarial, analytical, and pricing models.
Train internal and external stakeholders on various on Pricing, Product and Underwriting topics.
Conduct due-diligence checks on the financial soundness of In-Country Partners.

Skills Required