Actuarial Consultant at Management Sciences for Health (MSH)

Job Position:Actuarial Consultant

Management Sciences for Health (MSH) is seeking contract an actuarial consulting professional to provide technical support to the recently established Actuarial Unit of the Rwanda Social Security Board (RSSB). While the Actuarial Unit includes staff with complimentary quantitative skills, there remains a lack of high-level actuarial skills to guide the operations of the unit.

Examples of services expected of the hired actuary include:

Review of existing actuarial practices within RSSB. Development of standardized procedures, guidelines and assessments. Establish protocols for data governance, quality assurance, and documentation to ensure consistency and reliability of actuarial analyses. Define roles, responsibilities, and workflows for actuarial staff members within the new unit. Select and customize actuarial models, software, and tools to support various aspects of RSSB's social security programs. Conduct testing and validation to ensure the accuracy, reliability, and integrity of actuarial calculations and outputs. Design and deliver training programs on actuarial principles, techniques, and best practices tailored to the specific needs of RSSB staff. Support capacity development of actuarial team members. Evaluate the feasibility of implementing a second benefit package option for CBHI (CBHI PLUS) that enhances the current health benefits.

The requested services will be carried out in Rwanda. The qualified bidder will work hand in hand with the RSSB’s team.

Expected deliverables

Deliverable 1: Current CBHI Scheme Analysis

Deliverable 2: CBHI PLUS Demand Analysis and Proposed CBHI PLUS Benefits

Deliverable 3: Actuarial Modeling, Financial Projections, and Implementation Strategy for CBHI PLUS

Deliverable 4: Review of Actuarial Practices in RSSB and Standardized Procedures Development

Deliverable 5: Established Data Governance Protocols, Roles and Workflows Definition

Deliverable 6: Actuarial Models and Tools Customization, Testing and Validation

Deliverable 7: Designed and delivered training sessions on actuarial principles, techniques, and best practices tailored to the specific needs of RSSB staff.

Qualifications

• Degree in actuarial science (Bachelor’s or Master’s) and/or a certified actuarial fellow.

Experience:

• At least three years of relevant work experience gained in a national social security institution, or a national actuary office or a large health insurance company.
•  Working experience in a senior position as an actuary or providing technical assistance to a national actuary’s office.
• Professional experience relevant to actuarial consulting, including being a member of internationally recognized actuarial associations such as IFOA, SOA, etc.
• Regional experience in this field in Africa or Asia would be an advantage.

• Proficiency in developing methodological concepts, tools, and actuarial models to enhance the prioritization, costing, and governance of social security schemes and their application in the context of national social security reforms.
• Demonstrated experience with supporting countries to identify viable fiscal space options that will realize the financial resources required to meet the costs of new and/or existing schemes, improve benefits, and extend coverage.
• Ability to work collaboratively in a team environment; ability to work effectively and professionally with stakeholders at all levels.
• Significant experience with statistical software packages such as SAS, SPSS, R, and database software packages such as SQL
• Demonstrated ability to apply analytic approaches (e.g., actuarial, statistical, data) to create meaningful and measurable impact.

MSH is an equal opportunity employer and will not discriminate against any employee or applicant for employment on the basis of race, color, sex, sexual orientation, gender or gender identity, religion, creed, citizenship, national origin, age, veteran status, or disability unrelated to job requirements. MSH will take affirmative action to ensure that qualified applicants are employed and that employees are treated without regard to their race, age, color, religion, sex, sexual orientation, gender identity, national origin, veteran and disability status. In compliance with U.S. Department of Labor Executive Order 11246, Section 503 of the Rehabilitation Act, and Section 4212 of the Vietnam Era Readjustment Assistance Act, MSH has developed and maintains an affirmative action program and plan.

For applications ;link is here :link No later than 08,August,2024