Actuarial Analyst
Pasig, National Capital Region
Posted 22 days ago
- Company:
- Medicare Plus, Inc.
- Company Description:
- Medicare Plus stands as a premier health maintenance organization (HMO) and health insurance provider in the Philippines, passionately dedicated to safeguarding the health and well-being of the Filipino community. With an expansive network of over 500 accredited hospitals and clinics, complemented by more than 5,000 highly skilled medical and dental practitioners nationwide, we are unwavering in our promise to deliver exceptional healthcare services that inspire confidence and promote wellness.
- Contract Type:
- Full Time
- Experience Required:
- 2 years
- Education Level:
- Bachelor’s Degree
- Number of vacancies:
- 10
Job Description
- Manage potential financial risks associated with Health insurance policies and other financial products
- Gather and analyze large amounts of statistical data to predict future events, such as mortality rates and disability rates
- Design insurance policies based on the predictions of future events, including determining pricing and reserving for insurance products
- Assess the financial stability of the Health insurance company
- Develop and implement risk management strategies, such as creating products that do not attract fraudulent behaviour by customers
- Determine appropriate pricing of Health insurance policies
- Collaborate with industry professionals to ensure policies are beneficial for both policyholders and the insurance company
- Perform experience reviews, which involves periodically reviewing and updating policies, pricing, and assumptions to reflect current market trends
- Stay up-to-date with the latest industry regulations and standards
QUALIFICATIONS
- Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Finance or related field
- At least 2 years of actuarial work experience in Insurance or Financial Services.
- Progress towards attaining a designation in any recognized actuarial organization (SOA, ASP)
- Proven analytical and problem-solving skills with the ability to gather, synthesize, organize, and report information, results, and recommendations to various levels across the organization
- Strong ability to establish priorities and manage multiple tasks with accuracy and attention to detail
- Able to work in an evolving and dynamic environment
- Strong communication skills with the ability to build camaraderie across levels and business functions
- Passion to grow and driven to be recognized as a trusted business partner.
