The position of Senior Manager Actuarial Services is vacant. The Senior Manager Actuarial Services will report directly to the Chief Research Officer and forms part of the Research and Development Division. The position is based at GEMS Head Office, Pretoria.

The total remuneration package will be will be based on qualifications and experience.

The Senior Manager Actuarial Services will provide actuarial services to GEMS through the following activities: Establish and oversee the activities of the actuarial staff including selection, mentorship and coaching, workload and performance management, Develop mathematical analyses and apply actuarial principles to solve problems for the organisation, Advise the CRO, Principal Officer and Scheme management based on thorough research, insight and predictive analysis through the following KPA’s:

Key Performance Areas (KPAs):

• Establish and oversee the Actuarial capabilities in the organisation
• Provide accurate monthly and annual forecasts with appropriate well considered analysis and risk adjustments.
• Identify and communicate cost efficiency opportunities
• Provide industry benchmarks and recommendations.
• Identify claim trends and provide solutions
• Analyst provider profile benchmarks and identify opportunities to improve benefit offerings
• Analyse various information sources to determine trends that emanate from fraud, waste and abuse.
• Analyse GEMS processes and information, identify key areas of efficiency, effectively communicate intervention recommendations.
• Conducting logical analysis of management problems, especially in terms of input-output effectiveness, and formulating mathematical models to problems.
• Designing and putting into operation systems to enable actuarial analysis.
• Advising on and applying various data collection methods and statistical methods and techniques, and determining reliability of findings.
• Planning and organizing surveys and other statistical data collection, and designing questionnaires.
• Studying, improving and developing actuarial and statistical theories and techniques for application in the organization

Qualification requirements are:

• B.Sc. or equivalent degree in Actuarial Science.
• Fellow of the Actuarial Society of South Africa (“FASSA”) and holding a Practicing Certificate in Healthcare issued by ASSA.
• Minimum 8+years actuarial experience.
• Minimum 3+ years healthcare experience, including pricing, benefit design, IBNR calculations, experience monitoring of medical schemes.
• Strong risk management experience.
• Strong stakeholder management experience.
• Statistical analysis skills.
• Experience of Advanced Analytical Modelling tools e.g. SAS, R
• Actuarial model development, data analysis and manipulation experience
• Knowledge of finance, accounting and economics – especially health related
• Report writing and presentation skills and being proficient in MS Office, particularly Word, PowerPoint, Excel.

Should you be interested, please apply for the position by emailing your CV to jobs@gems.gov.za 

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

*** Information is required for Employment Equity purposes.

*** 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.

*** Should you wish to have your information removed from the GEMS database, kindly send a request in writing to jobs@gems.gov.za.

***Gems is guided by the principles of employment equity. Preference will be given to groups who are underrepresented in accordance with Gems employment equity plan.