Actuarial Analyst at GEMS

Government Employees Medical Scheme; Pretoria; Hybrid; ZAR 745 000 - 932 000; Full time

Job summary

An established industry player is seeking a motivated Actuarial Analyst to join their team in Pretoria. This role offers a unique opportunity to apply actuarial and statistical techniques to provide valuable insights into healthcare data. The successful candidate will support the Senior Manager by developing actuarial models, analyzing claim trends, and preparing comprehensive reports. With a focus on integrity and collaboration, this position promises to enhance your professional growth while contributing to the organization's mission of delivering exceptional member value. If you're ready to take your career to the next level, this is the perfect opportunity for you.

Qualifications

• B.Sc. or equivalent degree in Actuarial Sciences required.
• Minimum of 0-2 years' experience in a similar role.

Responsibilities

• Support Senior Manager in implementing actuarial techniques.
• Develop and maintain actuarial models for the scheme.
• Analyze claim trends and provide actionable insights.

Skills

Problem-solving skills

Analytical skills

Attention to detail

Communication skills

Programming skills (SAS, R, SQL)

MS Office proficiency

Education

B.Sc. in Actuarial Sciences

Tools

SAS

R

SQL

MS Office

Job description

Introduction

The position of Actuarial Analyst is vacant. The Actuarial Analyst will report directly to the Senior Manager Actuarial Services and will be based at Head Office, Pretoria.

The total remuneration package will be between R 745 428 and R 931 819 CTC per annum based on qualifications and experience.

The closing date for applications will be Friday, 16 May 2025.

Duties & Responsibilities

The Actuarial Analyst will be required to support the Senior Manager Actuaries Services through the implementation of the following KPA's:

• Applying actuarial and statistical techniques to provide insights to the scheme.
• Provide accurate monthly and annual projections with appropriate well-considered analysis and risk adjustments.
• Developing and maintaining actuarial and analytical models for the scheme.
• Developing an understanding of GEMS and broader healthcare related data for analytics and providing actionable insights.
• Identify and effectively communicate opportunities to improve efficiencies.
• Analyse industry benchmarks and provide recommendations for improvements for the scheme's performance.
• Analyse claim trends, identifying problems and root cause issues.
• Analyse provider profile benchmarks, identify trends and develop recommendations.
• Build strong internal stakeholder relationships and meet business actuarial needs.
• Analyse GEMS processes and information, identify key areas of efficiency, effectively communicate intervention and process improvement recommendations.
• Learning and applying statistical and actuarial principles, models and techniques to given tasks
• Preparing feedback papers and reports.

Desired Experience & Qualification

Qualification Requirements:

B.Sc. or equivalent degree in Actuarial Sciences.

Minimum of 0-2 years' experience in a similar role.

Good progress with A100, A200 exams, with the number of exemptions obtained at university an added advantage.

Skills:

• Problem-solving and analytical skills.
• Accurate and strong attention to detail.
• Good written and oral communication skills.
• Self-starter.
• Team player with ability to work independently.
• Programming skills e.g. knowledge in SAS, R, SQL and a strong interest in programming.
• Computer literate with experience with MS Office, particularly Word, PowerPoint, Excel.

Desirable:

• Have an understanding of the medical schemes industry.

Interested?

GEMS employs people with the highest level of integrity - submission to the appropriate pre-employment assessment is obligatory to be considered for the position.

Kindly note that the information provided on application of the position may be shared with a third party for vetting purposes and will be stored by GEMS for a period of 5 years.

Kindly note that information is required for Employment Equity Purposes and information gathered is strictly used according to the intended purpose of collection, unless there is a legal need or permission is granted from the applicant themselves to make use of it for other purpose

Should you wish to have your information removed from the GEMS database, kindly send a request in writing to [Email Address Removed] .

GEMS adopts a hybrid work model.

GEMS is guided by the principles of employment equity. GEMS' approved employment equity plan and targets will be considered as part of the recruitment process. Preference will be given to groups who are underrepresented in accordance with GEMS employment equity plan.

Successful candidates will be required to seek approval to conduct other work outside of GEMS.

GEMS Employees are required to conduct themselves in a manner that reflects the organisation's paramount values: Excellence, Member Value, Integrity, Innovation, and Collaboration.