Actuarial Analyst
Pasig, National Capital Region
Posted today
- Company:
- VALUE CARE HEALTH SYSTEMS INC
- Company Description:
- Value Care Health Systems, Inc. was established in June 1997 by a group of doctors. Since its inception in the said year, Value Care Health Systems, Inc. has grown to become one of the leading Health Maintenance Organization (HMO) in the Philippines. From an initial team of 30 employees, the company now employs more than 200 service-oriented personnel to serve its over 300,000 plan holders nationwide. Branch offices have been established in Makati, Cebu, Iloilo and Davao to meet the needs of its ever expanding clients base. Value Care Health Systems, Inc. held as its principle the commitment to provide "HealthCare You Can Count On."
- Contract Type:
- Full Time
- Experience Required:
- No Experience
- Education Level:
- Bachelor’s Degree
- Number of vacancies:
- 2
Job Description
We are looking for goal-oriented individuals to fill-in the ACTUARIAL ANALYST Role.
The Actuarial Analyst prepares new business pricing, renewal rate computation, franchise management and other tasks assigned.
Job Responsibilities:
Calculates premium rates for new business corporate accounts based on list of benefits and/or utilization summary from previous provider.
Computes renewal rates of corporate accounts based on utilization analysis and makes recommendations.
Evaluates utilization experience of renewing accounts.
Prepares monthly report and summary of all franchise applications, new business pricing, and renewing business evaluation.
Submits a weekly report on the total number of transactions that were priced and released to the internal customer.
Maintains and updates on a daily basis own database divided into sales channels.
Request for quotation must be acted upon within turnaround time and must be submitted to the Section Head for checking.
Ascertains that all the submitted information were considered before giving a quotation.
Computes renewal rates of individual, family, group and corporate accounts based on utilization analysis and make recommendations if necessary.
Conducts special actuarial studies for ad hoc reports, data and risk analysis and other pricing related studies.
Job Qualifications:
Candidate must be graduate of BS Applied Math, Statistics, Actuarial Science or any math related courses
Newly graduates are encouraged to apply.
Good communication skills (both oral and written) analytical skills.
Related working experience is an advantage but not required.
Computer literate with proficiency in MS Office applications.
Willing to work onsite, Monday to Friday, from 8am to 5pm.
Full - Time position(s) available.
VALUE CARE HEALTH SYSTEMS, INC. offers a meaningful experience to every employee from day 1 of their journey with the company.
VALUCARE provides our employees with a total rewards package, which includes compensation and a range of market-relevant benefits:
Guaranteed leave benefits on your first day
Guaranteed HMO on your first day
Performance based bonus (up to 2 months)
Profit Sharing
Life Insurance Coverage
Health care benefit coverage up to 4 dependents
Retirement benefits
Annual Salary Increase
Birthday Leave
Uniform Benefit
Medicine and Vitamins Allowance
Company Sponsored Trainings
In VALUCARE, we promote an environment that allows everyone to be at their best and explore their creativity.