Actuarial Analyst

Summary

Actuarial analyst supporting healthcare business intelligence through statistical analysis of hospital pricing, tariffs, and Alternative Reimbursement Methods (ARM), producing reports on profitability, revenue variance, and cost drivers using spreadsheets, databases, and statistical tools.

We provide meaningful careers that connect people with purpose.

We are united by a common purpose of providing the best and safest care; and by our shared values of Care, Truth, Participation, Compassion and Dignity.

Netcare invites you to be part of our journey.

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.

Join the team committed to providing the best and safest health and care.

See also

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