Data-Driven Actuarial Risk Manager
2 weeks ago
MediCard is a leading Health Maintenance Organization (HMO) founded and run by Doctors. Its service-oriented approach to total health care has been its core ideal since inception.
The organization boasts of more than half a million members, with over 54,000 accredited doctors in more than 1,000 hospitals and clinics nationwide. It also operates 16 MediCard free-standing clinics providing services comparable to those offered by hospitals without confinement.
MediCard is currently seeking assertive, dynamic, and energetic individuals to fill the following vacancy:
Job Responsibilities:
- Actuarial Services: Providing actuarial support covering all aspects of the insurance business and financial control, including valuation calculations, statutory reporting, risk assessment, and premium setting.
- Analyses and Reporting: Preparing regular analyses and valuation calculations by product group/distribution channel in areas such as expenses and allowances, commission levels.
- Statutory Reporting: Preparing reports for regulatory authorities and management.
- Functional Strength and Profitability: Reporting on functional strength, profitability, progress, and specific portfolios.
- Risk Assessment and Premium Setting: Involving in tailoring rate and setting premiums for individual insurance policies, calculating risk assessment, and recommending policy surrender values and costs of policy changes.
- Insurance Product Development: Developing insurance products, establishing premiums, and advising on underwriting policy.
- Distribution Channel Support: Supporting distribution channels in areas such as special quotations and product training.
- Regulatory Liaison: Liaising with regulatory bodies on matters involving capital management/solvency.
Candidates must provide requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.
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