Job Description

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.
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Role PurposeUtilise actuarial skills to assist the business to design and price health solutions for employer groups and retail members of Health Insurance entities in the African environment. To maintain the components of the models used for future projections and estimating outstanding claims. To report on financial performance and engage on discussions to improve financial performance.
Requirements

• Degree in Actuarial Science.
• Honours Degree in Actuarial Science (preferred).
• Good progress in actuarial exams (Completed A level exam and A311 and F1 level or attempting F1 level) (preferred).
• 3 years' product development and / or pricing experience.
• Exposure to healthcare pricing and / or benefit design.
• Exposure to African market (preferred).
• Exposure to standard business packages - e.g. Excel
• Proficiency in SQL (preferred)

• Develop and maintain health solutions, interventions and products for employer group and retail clients of Health Insurance entities in the African environment.
• 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.
• Report on financial performance and engage on discussions to improve financial performance.
• 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.
• Collaborate and build relationships with product development and segment teams across Momentum Metropolitan Limited.
• Provide authoritative, expertise and advice to clients and stakeholders

• Business Acumen
• Client/ Stakeholder Commitment
• Drive for Results
• Collaboration
• Impact and Influence

Momentum