Discovery Limited

Strategic Insights Manager: HNM

Discovery Limited  •  Gauteng, ZA (Onsite)  •  2 days ago
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Job Description

Discovery Health – New Markets

Strategic Insights Manager – Health New Markets (Fixed Term Contract)

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Health New Markets

Discovery Health has defined as one of its key objectives – to diversify the business and its earnings by growing non-medical scheme business with a newly established Health New Markets business unit. This objective necessitates leveraging Discovery’s unique IP and shared value model to develop and grow innovative new health products that add value to employers, employees, and individual members beyond Discovery Health’s traditional customer segments.

Discovery Health’s new market products, include:

  • Flexicare: Primary care health insurance
  • Prepaid: Pay as you go health care vouchers
  • Trauma: Accident cover
  • Gap Cover: Extending medical aid benefits
  • Healthcare fund

And any other solutions that may be developed in future to add value to employers, their employees, and individual members.

Key Purpose

Responsible for assessing, advising and optimizing the distribution of our products using knowledge of actuarial, commercial, market and economic principles.

We are looking for a smart, self-driven person who is a natural problem solver and who delights in being challenged and innovative. This is a rare opportunity for someone who is commercially minded, thinks broadly and wants to venture into a stimulating and exciting career.

Understand, analyse and optimize sales and distribution strategies across using industry knowledge, analytical expertise and strategic insights.

The candidate will be required to:

  • Develop new business data and analytics capability, and insights thereof that feed into the ongoing distribution strategy,
  • Storyboard and communicate complex information in a coherent, succinct manner; and
  • Transform unstructured data into strategic insights to inform key business decisions.

Areas of responsibility may include but not limited to:

Sales and distribution leadership:

  • Responsible for strategic insights, ideas, and solutions to address sales and distribution priorities within Health New Markets
  • A deep understanding of the customer, competitor space and market dynamics.
  • Clearly identifying key issues and able to propose a series of analyses and well-reasoned recommendations.
  • Present recommendations in a coherent and compelling way to a range of external and internal stakeholders
  • Collaborate with local Technical Marketing and Distribution experts to ensure the latest available assets, content and information is leveraged for partners
  • Responsible for the data and analytics informing and driving the ongoing CVM.
  • Deliver analytical and research projects aimed at:
  • effective product positioning and differentiation;
  • demonstrating thought leadership in product design and development; and
  • Identifying and supporting strategic sales opportunities.
  • Co-ordinate and manage interactions with teams outside of the Health New Markets team.
  • Build strong relationships with other actuarial and analytical functions working on Health New Markets
  • Liaise with data science experts and other actuarial teams to ensure the level of analytics and reporting on Health New Markets is on par with the group.

Broker Leadership:

  • Engage with distribution channels and brokers as a key decision maker to complex problems.
  • Position newly launched and existing products via nationwide webinars and roadshows to brokers.

Market expertise:

  • Detailed analysis, technical modelling and desktop research covering performance, product utilisation, sales trends and competitor landscape to guide the business on future growth opportunities.
  • Maintain up-to-date industry insights
  • Provide ongoing ad hoc support to the partner channels

Personal Attributes and Skills

  • Strong analytical and problem-solving skills
  • Sophisticated written and verbal communication skills, for internal and external delivery
  • Desire to build strong relationships throughout the business
  • High level of attention to detail
  • Strong work ethic with focus on value added delivery
  • High degree of personal maturity and a natural capacity to self-reflect, learn and develop
  • Ability to handle change and navigate ambiguity
  • Complete alignment to Vitality values and core purpose
  • Experience and understanding of the Vitality product and the Shared-Value Insurance proposition

Education and Experience

  • Formal qualification/s, with a strong analytical or business focus, and a proven record of academic excellence (Actuarial, Engineering, Mathematics, Finance etc.)
  • 5 -7 years Client-centered – consulting experience with a top tier consulting firm such as McKinsey, Bain, BCG etc.
  • Extensive business and/or technical experience with a proven track record of innovation, entrepreneurship, delivery and performance.
  • Experience and understanding of the Health product and the Shared-Value Insurance proposition a plus

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.

Discovery Limited

About Discovery Limited

Imagine a world where people live healthier, more enhanced and protected lives… A world in which each organisation is a powerful influencer and responsible corporate citizen, committed to being a force for social good. As a leading innovator in healthcare, wellness, insurance, investments, financial and life planning, Discovery works ceaselessly to make this vision a reality.

Fuelled by our passion for enhancing lives and our desire to innovate, Discovery consistently sets global standards, creating shared value through shared intellectual capital. A testament to this is our Vitality programme, which is both a platform to incentivise people to live healthier lives as well as a channel through which shared value is delivered.

We are a proudly South African-born, global company with health, life and short term insurance operations in South Africa and the United Kingdom, and a presence in Germany, France, the United States, Canada, Australia, Singapore, Hong Kong, Philippines, Thailand, Malaysia, China and Japan through our Global Vitality Network. We uphold our promise of shared value by being a positive disruptor that focusses on bringing about sustainable change in the lives of the people and communities we serve across the globe.

Our Vitality Shared-Value Insurance model has received international recognition, including being ranked 17th in Fortune’s index of 51 companies “changing the world” in August 2015, and named a leading health innovator at the World Economic Forum in January 2017.

Our values of leadership, honesty, innovation and fairness act as our compass, directing our business practices to take advantage of every opportunity while looking for ways to dazzle clients.

With an unwavering commitment to being the best shared value insurance organisation in the world, Discovery is a powerful force for social good.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Johannesburg, ZA
Year Founded
1992
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