Apply Actuarial techniques in the processing and analysis of health data.
Evaluate Risk Exposures
Loss trend analysis
Scheme Benefit Redesigning & estimation of adequate premiums across all health plans
Development of Health Plans based on Actuarial Assumptions
Development of Health Premium Pricing Models & CPD Models for coinsurance and deductibles.
Premium and Experience Review of existing clients
PowerPoint Presentation of Scheme & premium review renewal for loss clients
Advising Management on premium to be charged for prospective clients
Advising Management on the profitability of company’s relationship with individual clients
Determination of actual expense margin based on company’s expense profile for adequate pricing.
Valuation of employee gratuity liabilities in compliance with IFRS (IAS 19)
Estimation of company Run Rates financials
Financial projections and forecast
Assisted in the design of a 5-year Strategic Management Plan
Experience review and Development of health products for HMOs
Development of health plans and health benefit consulting advisory for HMOs
Provision of Healthcare Intermediary Services for Private Companies
Consultancy Services for Lagos State Ministry of Health (determined adequate premium for the Ikosi-Isheri Community Health Scheme & reviewed premium report on Maternal and Child Health Scheme)
Carry out valuations of Pensions and Gratuity Schemes
Accepting deposits (cheque/cash)
Confirmation of cheques
Balancing of cash daily
Balancing of cash registers/vaults.
Evacuation of Cash to Central Cash regularly