Brighton

Staines

London

Salford

Intern

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Health

Property & Casualty

Products

Reserving

Reporting

Data

Risk

Systems

Python

Modelling

Data Science

Experience Analysis

Coding

Pricing

Machine Learning

Capital

Consulting

Excel

ResQ

ReMetrica

Power BI

Contract

Tableau

Emblem

Psicle

Radar

Bupa is a global healthcare company that provides insurance and medical services. Operating in over 190 countries, Bupa offers a wide range of healthcare solutions, including health insurance, clinics, hospitals, and aged care facilities. With a focus on personalized care and wellbeing, Bupa aims to improve the health and lives of individuals and communities worldwide.

Bupa

We’re a leading health insurer and healthcare provider, with care homes, health centres, dental practices and a hospital. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers. Your input will support Bupa to deliver on our purpose, helping people live longer, healthier, happier lives.Bupa has 43 million customers globally and revenue in 2022 was circa £14 billion. Passionate about sustainability, Bupa’s ambition is to be net-zero by 2040.This Senior Projects Actuary will partner with internal and external stakeholders to drive pricing transformation for our private medical insurance products. In addition to our UK market, you will also support pricing projects for ‘Bupa Global’ market (Ireland, Middle East etc). As a Senior Actuary, you will closely support the Heads of Actuarial Pricing at Bupa, in addition to partnering with Bupa’s finance teams.Role summary:<ul><li>Ownership of commercial actuarial projects (inc. actuarial pricing and underwriting)</li><li>Pricing optimisation and sophistication</li><li>Collaborate with Pricing Development, Delivery and Technical Actuarial teams</li><li>Pricing models - Generalised linear modelling, pricing elasticity, customer lifetime value models, sales conversion models, customer retention models, pricing segmental conventions and competitor pricing</li><li>Identify best practice approaches to pricing used in the insurance market</li><li>Seek synergies in pricing – UK and international</li><li>Development &amp; maintenance of documented Underwriting &amp; Pricing Strategy</li><li>Advise on the reinsurance arrangements</li><li>Convert Annual Operating Plans (AOPs) into Annual Pricing Plans</li><li>Mergers &amp; Acquisitions – provide actuarial subject matter expertise</li><li>System implementation support (Radar)</li></ul>About you:<ul><li>Qualified Actuary (FIA/ IFoA) with significant relevant experience</li><li>General Insurance or Health Insurance background</li><li>Technical actuarial expertise (assumption setting, financial management technical methods and modelling)</li><li>Experience of leading projects of a relevant size and scale</li><li>Ability to build strong partnerships with internal and external stakeholders</li><li>Brave, Caring, Responsible – Bupa values</li></ul>Benefits at Bupa:<ul><li>25 days holiday, increasing through length of service, option to buy or sell</li><li>Annual performance-based bonus</li><li>Car Allowance</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan &amp; life insurance</li><li>Various other benefits and online discounts</li></ul>Diversity and Inclusion:Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives.Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly regardless of disability or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.We’re a leading health insurer and healthcare provider, with care homes, health centres, dental practices and a hospital. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.We believe in quality, affordable and accessible healthcare for all. Bupa’s Actuarial teams are a vital component in delivering on our purpose, helping people live longer, healthier, happier lives.This role can be based in our London or Staines office. It's a great opportunity for a part qualified actuary (0-5 exams) to build a successful career at the UK’s leading healthcare company.What you'll be doing…<ul><li>To extract, transform and reconcile data on a monthly basis for use in the actuarial models and/or other analysis.</li><li>To perform monthly actuarial reserve reviews to calculate the IFRS Technical Provisions (Outstanding Claims Reserves, Unearned Premium Reserves and Unexpired Risk Reserves).</li><li>To provide an actuarial opinion on the reserves during the month end booking process. Helping to quantify any deviations in the performance from plan and previous forecasts.</li><li>To ensure that the IFRS Technical Provisions are calculated in line with the Reserving Standards prescribed by the Bupa Group. Including data granularity, modelling approaches, sensitivity tests, backtesting, analysis of change, monthly/quarterly/annual reporting templates and governance.</li><li>To work with internal and external auditors to assist their reviews and ensure that any gaps/actions identified are resolved in a timely manner.</li><li>To maintain and develop documentation around the IFRS TP process, in line with the internal Data Quality and Model Risk policies.</li><li>To deliver regular management reporting to senior management. Providing insights into the claim trends and the drivers of these trends. This includes reporting of the key LR/Frequency/Severity metrics, split by different diagnosis and business cohorts.</li><li>Assist in the Planning, IFRS17 and SII TP work that takes place within the wider Technical Actuarial team as required.</li><li>Support discussions with Pricing, Underwriting, Claims, Finance departments. Improving the feedback loop between reserving and other business functions.</li><li>Continually develop and improve the reserving processes where required.</li></ul>Who we’re looking for?<ul><li>Part-qualified Actuary: completed 0 to 5 exams of IFoA qualifications (or equivalent) or relevant experience</li><li>Hands on experience of standard actuarial reserving techniques such as Chain Ladder, Bornhuetter-Ferguson and Bootstrapping techniques.</li><li>Excellent numerical and analytical skills as demonstrated through previous experience within an insurance company.</li><li>Ability to sense check and validate own work, identify and correct errors.</li><li>A proactive mindset, experience of challenging requirements and exploring new directions from results of analyses.</li><li>Ability to build strong relationships with key stakeholders and a proven track record of managing these relationships.</li><li>Capable of managing own time and workload. Excellent planning and organisation skills.</li><li>Strong influencing and communication skills to manage key customer relationships.</li><li>Excellent in presenting all types of information including complex data.</li><li>Good technical skills with previous experience in the following tools being preferable:</li></ul><ul><li>Data: SAS, SQL, VBA, R</li><li>Reserving: ResQ, IBNRS, Psicle</li><li>Reporting: PowerBI, Tableau, R Shiny</li></ul>Why Bupa?We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You will be eligible for:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

We’re a leading health insurer and healthcare provider, with care homes, health centres, dental practices and a hospital. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers. Your input will support Bupa to deliver on our purpose, helping people live longer, healthier, happier lives.Bupa has 43 million customers globally and revenue in 2022 was circa £14 billion. Passionate about sustainability, Bupa’s ambition is to be net-zero by 2040.ResponsibilitiesThis Senior Actuary role will partner extensively with senior stakeholders in Group Finance and Finance Systems. Therefore, project management, communication and interpersonal skills are critical for success.<ul><li>Lead the development, implementation &amp; management of actuarial data systems</li><li>Lead the actuarial data requirements for reporting (Solvency II &amp; IFRS 17)</li><li>Lead the User Acceptance Testing (UAT) for actuarial data systems</li><li>Day-to-day management of actuarial data systems and model change</li><li>Positive contribution and impact on Bupa’s actuarial data and analytical capability</li><li>Partner with Group Finance Transformation and Finance Systems leaders</li><li>Contribute to actuarial data and analytics best practice sharing</li></ul>Requirements<ul><li>Qualified Actuary (FIA/ IFoA) with significant relevant experience</li><li>Expertise in data &amp; analytics</li><li>Actuarial reporting experience (IFRS17, Solvency 2)</li><li>Insurance sector or ‘Big 4’ background</li><li>Strong project management skills</li><li>Excellent communicator – able to partner with non-actuary teams globally</li><li>Senior stakeholder management ability, gravitas to engage with senior leaders</li><li>Passion for driving change &amp; making an impact across the business</li></ul>BenefitsOur benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. Benefits include:<ul><li>25 days holiday, increasing through length of service, option to buy or sell</li><li>Annual performance-based bonus</li><li>Car Allowance</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan &amp; life insurance</li><li>Various other benefits and online discounts</li></ul>Equal opportunitiesHere you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives.Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly regardless of disability or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

<ul><li>£70,000 base, 10% bonus, Pension, Private Medical Insurance</li><li>UK / Hybrid (1-2 days in London office)</li></ul>The Capital Actuary is a key role in a niche Group Actuary team at Bupa’s London office. This is a broad role in which you will enjoy significant exposure to senior leaders at Bupa – including our Chief Actuary and Finance Directors. Further, you will build strong relationships with our global teams.About BupaWe’re a leading health insurer and healthcare provider, with care homes, health centres, dental practices and a hospital. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers. Your input will support Bupa to deliver on our purpose, helping people live longer, healthier, happier lives.Bupa has 43 million customers globally and revenue in 2022 was circa £14 billion. Passionate about sustainability, Bupa’s ambition is to be net-zero by 2040.What you'll be doing…<ul><li>Support the development and embedding of Economic Capital models across Bupa, enabling the capital models to be used as a tool to support business decisions and initiatives to optimise Bupa’s risk profile</li><li>Assist the modelling and risk calibrations update process</li><li>Prepare the analysis and associated investigations to risk calibration models</li><li>Implement modelling changes to the Capital Modelling platform (Aon ReMetrica)</li><li>Prepare the capital requirements reporting content for reports to the Executive, Board and Bupa's regulators</li><li>Develop business solutions to challenges and opportunities that arise</li><li>Partner with Bupa’s global finance / actuarial teams (UK / Europe / Asia Pacific / South America)</li><li>Support the Actuarial Director in this broad role, operating in a high calibre niche team</li></ul>Who we’re looking for?<ul><li>Newly / nearly qualified Actuary (e.g. IFoA)</li><li>General, Health or Life Insurance background</li><li>Previous exposure to capital modelling techniques and reporting including risk calibrations for economic capital</li><li>Gravitas to engage with Executive leaders at Bupa</li><li>Proactive mindset, ability to work independently</li><li>Ambition and drive!</li></ul>Benefits at BupaOur benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. Benefits include:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan &amp; life insurance</li><li>Annual performance-based bonus</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionHere you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives.Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly regardless of disability or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.The Actuarial team shapes the future of our company. With colleagues covering pricing, reserving, modelling and much more they help future proof our business, all the while keeping our customers at the heart of every decision.An exciting development opportunity has arisen where you will provide technical actuarial support for a variety of projects including analytics that support critical business decisions. We're looking for an actuarial analyst from any background (GI/Life/Pensions) who's curious, likes modelling and problem solving.Responsibilities and activities will vary depending on evolving strategy and priorities within the business but will include the following types of tasks:<ul><li>Analysis of the historical performance of claim, premium and customer volume trends.</li><li>Analysis of detailed data spanning a global business comprised of many different products aimed at meeting specific customer needs.</li><li>Carrying out analysis and investigations of an actuarial nature, covering topics such as changing risk mix, impact of inflation, customer behaviour, forecasting and development of financial scenarios.</li><li>In all of this work there will be a clear focus on treating customers fairly and ensuring good outcomes for them by ensuring that business risk is well understood and communicated to decision makers.</li></ul>A typical day will involve extracting, refining and enriching data, building and running models using advanced analytical techniques, interpreting results and providing insight and recommendations. Work will be documented in line with the Technical Actuarial Standards and you'll contribute to the drafting of reports and presentations for consumption by senior stakeholders.You will work closely with colleagues in other teams such as Finance, Actuarial Pricing, Reserving, Clinical Policy and Healthcare Analytics on a range of projects and initiatives.The role holder is expected to have the following experience and qualifications:<ul><li>2 to 4 passes/exemptions towards the FIA/FFA qualification (or equivalent).</li><li>Experience in reserving, analytics and modelling in general insurance or health markets.</li><li>Theoretical or practical knowledge of some of the following types of models: Generalised Linear Modelling or machine learning; time series models; outstanding claims estimation;</li><li>Strong numerical and analytical skills demonstrated through previous experience.</li><li>Strong communication skills, including the ability to present technical information and ensure it is understood by various stakeholders.</li><li>Office skills including Excel, Word, and PowerPoint.</li><li>Experience with SAS, R, Python, SQL and PowerBI would be an advantage.</li></ul>A passion for learning, self development and problem solving is vital.Why Bupa?We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You will be eligible for:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.Welcome to a place that celebrates you.

Bupa is a global healthcare company operating across 16 countries which, in 2022 generated revenue of circa £14bn. The group mainly operates through three Market Units - Bupa Global UK (‘BGUK’), Asia Pacific, and Europe &amp; Latin America.In the UK , Bupa is the leading provider of healthcare insurance, serving 2.3 million customers. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.About the role:The Pricing Risk Actuary role is a new created position, reporting directly to the Chief Commercial Actuary at Bupa. Further to a successful delivery and implementation of an advanced pricing sophistication project in 2022, the need has arisen for a senior leader to oversee pricing governance, decision-making, risk &amp; control. Key to success will be driving the response to ‘Pricing Fairness’ and ‘Consumer Duty’ to support Pricing strategy.Responsibilities:<ul><li>Support the Actuary Pricing function through education &amp; awareness of risk and compliance</li><li>Provide expertise on pricing fairness and relevant regulatory requirements</li><li>Development of effective pricing governance, escalating potential concerns</li><li>Facilitate risk and governance related forums – quarterly risk &amp; monthly audit meetings</li><li>Build excellent working relationships with pricing colleagues in 1st and 2nd line of defence</li><li>Liaise with Bupa’s Company Secretary to ensure papers / actions for Board committees are delivered on time</li><li>Manage any pricing related incidents ensuring that key learnings are distilled.</li><li>Ensure compliance with Board Underwriting Control Framework and policies / standards (e.g. Board Risk Appetite, Pricing Principles)</li><li>Represent the Pricing team in other forums where fairness is a key input e.g. Consumer Duty.</li><li>Embed a culture that ensures the prioritisation and delivery of good customer and regulatory outcomes</li></ul>Requirements:<ul><li>Senior Risk professional with Actuarial experience (ideally Pricing)</li><li>Significant experience of designing &amp; implementing governance frameworks</li><li>Track record of working in FCA or Financial Services regulated environment</li><li>Demonstrable understanding of Risk Management</li><li>Excellent senior stakeholder management skills</li><li>Ability to communicate and negotiate at all levels</li><li>Good organisational skills &amp; ability to motivate people across the organisation</li><li>Solutions-focused to assist the business on moving forward with effective controls</li></ul>Benefits:<ul><li>25 days holiday, increasing through length of service (option to buy or sell days)</li><li>25% Management Bonus Scheme (annual, discretionary)</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan &amp; life insurance</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and Inclusion:At Bupa, we champion diversity and understand the importance of our people representing the communities and customers we serve. We provide an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives.Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly regardless of disability or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

<ul><li>Hybrid working options with up to 3 days per week working from home</li><li>£80K - £100K + fantastic benefits including 10% Management Bonus Scheme</li></ul>Permanent, full time 35 hours per weekHere you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.Bupa’s purpose is to help people live longer, healthier, happier lives and making a batter world, our Actuarial teams play a key role in helping us deliver on our purpose. In 2019 we appointed a new Chief Actuary, under their leadership we’ve expanded our team and invested in our colleagues, delivering great results for our business.We believe our Actuarial team shapes the future of our company. With colleagues covering pricing, reserving, modelling and much more they help future proof our business, all the while keeping our customers at the heart of every decision.As our Senior Development Actuary, you’ll be utilising all your data analytics and modelling skills (R, Python, SQL &amp; Psycle) to drive transformation within our actuarial functions as we embark on significant change.  You’ll help Bupa to better serve our stakeholders by adding more commercial value. This role has a clearly defined career path providing a gateway to a “head of” within 2-3 years.What you’ll do:The role holder will be accountable for, and will support the Actuarial Transformation Director in delivering the following objectives:<ul><li>Lead the actuarial model development and re-development of actuarial reporting processes, data requirements, methodology and reporting analytics (IFRS/GAAP, IFRS 17 and Solvency II) by identifying improvements, developing and maintaining technical specifications and model documentation;</li><li>Manage the required model change testing, UAT and dry run activities;</li><li>Support the development of actuarial capability - claims reserving and the development of technical provision cash flows projection models and related business analytics, support the development of economic capital modelling and SF SCR calculations;</li><li>Support the development of model change management and governance, liaising effectively with MU/BU stakeholders to align programme-BAU governance; and once the model change governance is established, work closely with MU/BU teams to manage and monitor model changes and ensure appropriate governance is followed;</li><li>Support the implementation of insurance risk policy and related standards, with particular focus on setting best practices to support embedment of new Psycle modelling tool and related processes and controls;</li><li>Support the development of Actuarial Data Store (ADS) and related business requirements and actuarial analytics;</li><li>Provide technical guidance to local Actuarial and Finance teams in support of the roll-out of the new Psycle tool, ADS and the enhancement of insurance cash flows modelling capabilities (business planning and forecasting);</li><li>Prepare and deliver presentations and internal training to Group and local teams;</li><li>Support the programme governance committees where necessary and contribute to general project management, e.g. identifying and escalating project risks.</li><li>Drafting of steering committee and technical committee slides/papers covering model transformation results, related assessment against design specifications;</li><li>Maintain collaborative and effective working relationships with other workstream leads;</li><li>Develop a strong project to BAU relationship with both the Group and local Actuarial and Finance functions, ensuring collaborative consultation throughout the modelling and process implementation stages;</li><li>Support Group Actuarial team and wider Group/MU/BU teams with continuous improvements to ensure that all actuarial work is conducted to the highest possible standard in the most efficient manner;</li><li>Facilitate actuarial best practice sharing - Actuarial Seminars, Group Actuarial induction programme as part of Group Finance Learning, Group Actuarial share point for group-wide actuarial community, overseeing Group Actuarial’s Continuous Professional Development (CPD) requirements, Technical Actuarial Standards (TASs) and Actuarial Professional Standards (APSs).</li></ul>Qualification, Experience and AttributesThe role holder must be an experienced professional who has the following qualification and attributes:<ul><li>FIA or qualified actuary with good relevant experience;</li><li>Proven track record of delivering and managing actuarial projects;</li><li>Strong written and verbal communication skills;</li><li>Strong analytical and critical thinking skills with attention to detail;</li><li>Relevant and transferrable skills and experience in actuarial, financial reporting, solvency and capital modelling, validation and analysis;</li><li>Good management skills with a drive-for-results mentality, a positive and focused mindset and the ability to multi-task;</li><li>Ability to adapt quickly to project demands, adopting the goal of achieving a “win-win” situation with internal team members and with other key stakeholders;</li><li>Proactive individual with can-do attitude who can challenge and improve existing processes and methodologies;</li><li>A good team player, comfortable working across teams and with non-actuarial professionals.</li></ul>Freedom of ActionThe role holder must be able to make their own decisions, where delegated to by the line manager, pro-actively owning the approach to and delivery of Group Actuarial outcomes. The job holder will be responsible for structuring the day-to-day activities, in agreement with the line manager, and managing all required inputs from across the programme and BAU teams.Why Bupa?We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You will be eligible for:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

£35K - £39K + fantastic benefitsAbout BupaHere you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.We always go the extra mile by giving our customers fast access to treatment and helping them get the specialist support they need. At Bupa, you’ll be a part of a fun, social environment as well as making a huge difference for our customers. Expect solid benefits and opportunities to grow.About the teamWe believe our Actuarial team shapes the future of our company. With colleagues covering pricing, reserving, modelling and much more they help future proof our business, all the while keeping our customers at the heart of every decision.An exciting development opportunity has arisen where you will provide technical actuarial support for a variety of projects including the development of pricing recommendations to be taken to the internal pricing governance committees.About the roleResponsibilities and activities will vary depending on evolving strategy and priorities within the business but will include the following types of tasks:<ul><li>Analysis of the historical performance of the existing portfolio, identifying the drivers of trends and outcomes, putting forward recommended pricing actions, and modelling the likely future impact of these actions.</li><li>Supporting the development of new products and benefit features and support the pricing of any relevant new product or benefit changes.</li><li>Carrying out analysis and investigations of an actuarial nature, covering topics such as new business conversion rates, retention, competitor pricing, customer complaints and decision-making, expense allocation and long-term profitability by customer segment.</li><li>In all of this work there will be a clear focus on treating customers fairly and ensuring good outcomes for them.</li></ul>A typical day will involve extracting, refining and enriching data, building and running models using advanced analytical techniques, interpreting results and providing insight and recommendations. Work will be documented in line with the Technical Actuarial Standards and you'll contribute to the drafting of reports and presentations for consumption by senior stakeholders.You will work closely with colleagues in other teams such as Sales, Finance, Customer Insights, Product &amp; Proposition, Clinical Policy and Healthcare Analytics on a range of projects and initiatives.You'll also work with our colleagues in the Actuarial Technical Hub to understand claims inflation and its impact on product performance, and to ensure that the impact of our pricing work is taken into account in reporting and planning.RequirementsThe role holder is expected to have the following experience and qualifications:<ul><li>1 to 4 passes/exemptions towards the FIA/FFA qualification (or equivalent).</li><li>Experience in pricing in general insurance or health markets.</li><li>Theoretical or practical knowledge of some of the following types of models: Generalised Linear Modelling or machine learning; econometrics such as price optimisation; lifetime value value modelling.</li><li>Strong numerical and analytical skills demonstrated through previous experience.</li><li>Strong communication skills, including the ability to present technical information and ensure it is understood by various stakeholders.</li><li>Advanced PC skills including Excel, Word, and PowerPoint.</li></ul>Experience with SAS, R, Emblem and Radar would be an advantage.Why Bupa? We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You will be eligible for:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

Up to £93K + fantastic benefits including 10% Management Bonus SchemeAbout BupaHere you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusiveenvironment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.Bupa’s purpose is to help people live longer, healthier, happier lives and making a batter world, our Actuarial teams play a key role in helping us deliver on our purpose. In 2019 we appointed a new Chief Actuary, under their leadership we’ve expanded our team and invested in our colleagues, delivering great results for our business.About the teamWe believe our Actuarial team shapes the future of our company. With colleagues covering pricing, reserving, modelling and much more they help future proof our business, all the while keeping our customers at the heart of every decision.The pricing actuary's purpose is to support Bupa Global by improving data, insights and predictive analytics within the company. Making strategic and tactical recommendations on pricing and underwriting topics in support of Bupa’s strategic goals and the pricing and underwriting strategy.It’s pricing that’s truly Global: UK, Dubai, HK, Egypt, Bahrain, Qatar etc...It's broad. You'll be developing the strategy to grow the business further (pricing and sophistication). It's an exciting time to be at forefront of this enterprise expansion…Responsibilities and activities will vary depending on evolving strategy and priorities within the business but will include the following types of tasks:<ul><li>Working with international stakeholders to develop new pricing initiatives and support other areas that require pricing input</li><li>Carrying out rate and zonal reviews to assess performance of Bupa’s product suite and making pricing recommendations and supporting the implementation of these</li><li>Developing and maintaining risk, demand and value models using generalised linear models and machine learning to support pricing and to provide insight into customer decision-making</li><li>Building pricing scenario tools to test different pricing strategies</li><li>Identification, development and deployment of new analytical techniques, tools and data sources, and supporting team members in making optimal use of these</li><li>Pricing of new and existing IPMI and other insurance products</li><li>Facilitating and interpreting competitor pricing analysis</li></ul>Supporting projects across multiple functional areas, as a subject matter expert, applying advanced analytical methods to develop business solutions to challenges and opportunities that arise.The role holder is expected to have the following experience and qualification/s:<ul><li>Qualified Actuary (IFoA) with 2-3 years post-qualification experience – strong, newly qualified candidates will be considered or a similar level of experience in a pricing team</li><li>I/PMI pricing experience – candidates with pricing experience in other general insurance sectors will be considered</li><li>Strong experience with manipulating and using insurance data</li><li>Statistical modelling experience including Generalised Linear Modelling and other advanced analytics methods</li><li>Lifetime value or embedded value modelling</li><li>Experience with suitable statistical and analytical tools such as SAS, Earnix, Emblem, Radar and R</li><li>Proven track record of applying advanced analytics and data modelling to business situations in order to provide strategic recommendations.  Ability to refine and apply knowledge of data to solve business needs</li></ul>A proactive mindset, challenging requirements, seeing things from a customer's viewpoint and exploring new directions from results of analyses.Why Bupa? We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You’ll be eligible for:<ul><li>One off Golden Handshake payment (T’s and C’s apply)</li><li>Payment of Professional Registration fees</li><li>Equivalent to 25 days holiday per year, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Support with travel costs via a season ticket loan or cycle2work</li><li>Discounted access to online gym sessions through Gympass</li><li>Various other benefits and online discounts</li><li>Free onsite massages as a recognition for your hard work</li><li>Opportunity to participate in our annual awards ceremony</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.We always go the extra mile by giving our customers fast access to treatment and helping them get the specialist support they need. At Bupa, you’ll be a part of a fun, social environment as well as making a huge difference for our customers. Expect solid benefits and opportunities to grow.We believe our Actuarial team shapes the future of our company. With colleagues covering pricing, reserving, modelling and much more they help future proof our business, all the while keeping our customers at the heart of every decision.An exciting development opportunity has arisen where you will provide technical actuarial support for a variety of projects including the development of pricing recommendations to be taken to the internal pricing governance committees.Responsibilities and activities will vary depending on evolving strategy and priorities within the business but will include the following types of tasks:<ul><li>Analysis of the historical performance of the existing portfolio, identifying the drivers of trends and outcomes, putting forward recommended pricing actions, and modelling the likely future impact of these actions.</li><li>Supporting the development of new products and benefit features and support the pricing of any relevant new product or benefit changes.</li><li>Carrying out analysis and investigations of an actuarial nature, covering topics such as new business conversion rates, retention, competitor pricing, customer complaints and decision-making, expense allocation and long-term profitability by customer segment.</li></ul>In all of this work there will be a clear focus on treating customers fairly and ensuring good outcomes for them.A typical day will involve extracting, refining and enriching data, building and running models using advanced analytical techniques, interpreting results and providing insight and recommendations. Work will be documented in line with the Technical Actuarial Standards and you'll contribute to the drafting of reports and presentations for consumption by senior stakeholders.You will work closely with colleagues in other teams such as Sales, Finance, Customer Insights, Product &amp; Proposition, Clinical Policy and Healthcare Analytics on a range of projects and initiatives.You'll also work with our colleagues in the Actuarial Technical Hub to understand claims inflation and its impact on product performance, and to ensure that the impact of our pricing work is taken into account in reporting and planning.The role holder is expected to have the following experience and qualifications:<ul><li>1 to 4 passes/exemptions towards the FIA/FFA qualification (or equivalent).</li><li>Experience in pricing in general insurance or health markets.</li><li>Theoretical or practical knowledge of some of the following types of models: Generalised Linear Modelling or machine learning; econometrics such as price optimisation; lifetime value value modelling.</li><li>Strong numerical and analytical skills demonstrated through previous experience.</li><li>Strong communication skills, including the ability to present technical information and ensure it is understood by various stakeholders.</li><li>Advanced PC skills including Excel, Word, and PowerPoint.</li><li>Experience with SAS, R, Emblem and Radar would be an advantage.</li></ul>Why Bupa?We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You will be eligible for:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.No matter your role, you’ll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day.Role OverviewThis role is in Bupa's UK Insurance business and you'll be part of the actuarial team responsible for the pricing and analytics for one or more of our insurance products. We're responsible for developing and delivering the pricing strategy in support of Bupa's strategic goals. This will involve the analysis of the historical performance of the existing portfolio, identifying the drivers of trends and outcomes, putting forward recommended pricing actions, and modelling the likely future impact of these actions. In all of this work there will be a clear focus on treating customers fairly and ensuring good outcomes for them.What you’ll do:You’ll support the development of new products and benefit features and support the pricing of any relevant new product or benefit changes. You’ll also be carrying out analysis and investigations of an actuarial nature, covering topics such as new business conversion rates, retention, competitor pricing, customer complaints and decision-making, expense allocation and long-term profitability by customer segment.A typical day will involve extracting, refining and enriching data, building and running models using advanced analytical techniques, interpreting results and providing insight and recommendations. Work will be documented in line with the Technical Actuarial Standards and you'll contribute to the drafting of reports and presentations for consumption by senior stakeholders.You will work closely with colleagues in other teams such as Sales, Finance, Customer Insights, Product &amp; Proposition, Clinical Policy and Healthcare Analytics on a range of projects and initiatives. You'll also work with our colleagues in the Actuarial Technical Hub to understand claims inflation and its impact on product performance, and to ensure that the impact of our pricing work is taken into account in reporting and planning.What you’ll bring:The role holder is expected to have the following experience and qualification/s:<ul><li>Experience in pricing in general insurance or health markets.</li><li>Practical knowledge of some of the following types of models: Generalised Linear Modelling or machine learning; econometrics such as price optimisation; lifetime value value modelling.</li><li>Strong numerical and analytical skills demonstrated through previous experience.</li><li>Strong communication skills, including the ability to present technical information  and ensure it is understood by various stakeholders.</li><li>Advanced PC skills including Excel, Word, and PowerPoint.</li><li>Experience with SAS, Emblem and Radar essential.</li><li>Experience with R would be an advantage.</li><li>Good progression towards the IFoA qualification (or equivalent) would be an advantage. </li><li>Put fair treatment of customers at the heart of what you say and do. Be courageous and speak up if you believe our products or services do not deliver what we have led our customers to expect</li><li>Be accountable and take ownership for ensuring you are familiar with all regulatory requirements that fall within the remit of your role and comply with them at all times. Seek guidance if you need support understanding your regulatory requirements. Notify, without delay, any potential or actual breach of regulation</li><li>To maintain governance and control requirements, ensuring all internal governance requirements are met, including full compliance with all policies, audit actions, monitoring actions and risk appetite</li><li>Maintain a suitable level of oversight over those responsibilities that have been delegated to other individuals for which you remain accountable</li><li>Provide a suitable level of regular Management Information to those accountable individuals where responsibility has been delegated to you</li></ul>Why Bupa? We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. As an Actuarial Pricing Analyst you’ll be eligible for:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.Bupa’s purpose is to help people live longer, healthier, happier lives and making a batter world, our Actuarial teams play a key role in helping us deliver on our purpose. In 2019 we appointed a new Chief Actuary, under their leadership we’ve expanded our team and invested in our colleagues, delivering great results for our business.We believe our Actuarial team shapes the future of our company. With colleagues covering pricing, reserving, modelling and much more they help future proof our business, all the while keeping our customers at the heart of every decision.The pricing actuary's purpose is to support Bupa Global by improving data, insights and predictive analytics within the company. Making strategic and tactical recommendations on pricing and underwriting topics in support of Bupa’s strategic goals and the pricing and underwriting strategy.It’s pricing that’s truly Global: UK, Dubai, HK, Egypt, Bahrain, Qatar etc...It's broad. You'll be developing the strategy to grow the business further (pricing and sophistication). It's an exciting time to be at forefront of this enterprise expansion…Responsibilities and activities will vary depending on evolving strategy and priorities within the business but will include the following types of tasks:<ul><li>Working with international stakeholders to develop new pricing initiatives and support other areas that require pricing input</li><li>Carrying out rate and zonal reviews to assess performance of Bupa’s product suite and making pricing recommendations and supporting the implementation of these</li><li>Developing and maintaining risk, demand and value models using generalised linear models and machine learning to support pricing and to provide insight into customer decision-making</li><li>Building pricing scenario tools to test different pricing strategies</li><li>Identification, development and deployment of new analytical techniques, tools and data sources, and supporting team members in making optimal use of these</li><li>Pricing of new and existing IPMI and other insurance products</li><li>Facilitating and interpreting competitor pricing analysis</li></ul>Supporting projects across multiple functional areas, as a subject matter expert, applying advanced analytical methods to develop business solutions to challenges and opportunities that arise.The role holder is expected to have the following experience and qualification/s:<ul><li>Qualified Actuary (IFoA) with 2-3 years post-qualification experience – strong, newly qualified candidates will be considered or a similar level of experience in a pricing team</li><li>I/PMI pricing experience – candidates with pricing experience in other general insurance sectors will be considered</li><li>Strong experience with manipulating and using insurance data</li><li>Statistical modelling experience including Generalised Linear Modelling and other advanced analytics methods</li><li>Lifetime value or embedded value modelling</li><li>Experience with suitable statistical and analytical tools such as SAS, Earnix, Emblem, Radar and R</li><li>Proven track record of applying advanced analytics and data modelling to business situations in order to provide strategic recommendations.  Ability to refine and apply knowledge of data to solve business needs</li></ul>A proactive mindset, challenging requirements, seeing things from a customer's viewpoint and exploring new directions from results of analyses.Why Bupa? We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You’ll be eligible for:<ul><li>One off Golden Handshake payment (T’s and C’s apply)</li><li>Payment of Professional Registration fees</li><li>Equivalent to 25 days holiday per year, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Support with travel costs via a season ticket loan or cycle2work</li><li>Discounted access to online gym sessions through Gympass</li><li>Various other benefits and online discounts</li><li>Free onsite massages as a recognition for your hard work</li><li>Opportunity to participate in our annual awards ceremony</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

<ul><li>Hybrid working: up to 4 days per week working from home</li><li>Salary: £45K - £54K per annum + excellent benefits</li></ul>Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.No matter your role, you’ll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day.Role OverviewThis role is in Bupa's UK Insurance business and you'll be part of the actuarial team responsible for the pricing and analytics for one or more of our insurance products. We're responsible for developing and delivering the pricing strategy in support of Bupa's strategic goals. This will involve the analysis of the historical performance of the existing portfolio, identifying the drivers of trends and outcomes, putting forward recommended pricing actions, and modelling the likely future impact of these actions. In all of this work there will be a clear focus on treating customers fairly and ensuring good outcomes for them.What you’ll do:<ul><li>You’ll support the development of new products and benefit features and support the pricing of any relevant new product or benefit changes.</li><li>You’ll also be carrying out analysis and investigations of an actuarial nature, covering topics such as new business conversion rates, retention, competitor pricing, customer complaints and decision-making, expense allocation and long-term profitability by customer segment.</li><li>A typical day will involve extracting, refining and enriching data, building and running models using advanced analytical techniques, interpreting results and providing insight and recommendations. Work will be documented in line with the Technical Actuarial Standards and you'll contribute to the drafting of reports and presentations for consumption by senior stakeholders.</li><li>You will work closely with colleagues in other teams such as Sales, Finance, Customer Insights, Product &amp; Proposition, Clinical Policy and Healthcare Analytics on a range of projects and initiatives. You'll also work with our colleagues in the Actuarial Technical Hub to understand claims inflation and its impact on product performance, and to ensure that the impact of our pricing work is taken into account in reporting and planning.</li></ul>What you’ll bring:<ul><li>The role holder is expected to have the following experience and qualification/s:</li><li>Experience in pricing in general insurance or health markets.</li><li>Practical knowledge of some of the following types of models: Generalised Linear Modelling or machine learning; econometrics such as price optimisation; lifetime value value modelling.</li><li>Strong numerical and analytical skills demonstrated through previous experience.</li><li>Strong communication skills, including the ability to present technical information  and ensure it is understood by various stakeholders.</li><li>Advanced PC skills including Excel, Word, and PowerPoint.</li><li>Experience with SAS, Emblem and Radar essential.</li><li>Experience with R would be an advantage.</li><li>Good progression towards the IFoA qualification (or equivalent) would be an advantage. </li><li>Put fair treatment of customers at the heart of what you say and do. Be courageous and speak up if you believe our products or services do not deliver what we have led our customers to expect</li><li>Be accountable and take ownership for ensuring you are familiar with all regulatory requirements that fall within the remit of your role and comply with them at all times. Seek guidance if you need support understanding your regulatory requirements. Notify, without delay, any potential or actual breach of regulation</li><li>To maintain governance and control requirements, ensuring all internal governance requirements are met, including full compliance with all policies, audit actions, monitoring actions and risk appetite</li><li>Maintain a suitable level of oversight over those responsibilities that have been delegated to other individuals for which you remain accountable</li><li>Provide a suitable level of regular Management Information to those accountable individuals where responsibility has been delegated to you</li></ul>Why Bupa?We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. As an Actuarial Pricing Analyst you’ll be eligible for:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

<ul><li>Fixed Term Contract - Until end of 2023</li><li>Full Time – 37.5 hours pw</li><li>£60K - £70K + excellent benefits</li><li>Hybrid Working – location can be flexible (London/Staines)</li></ul>Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.No matter your role, you’ll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day.Role OverviewThis role is to to support the embedding of our program of sophisticated pricing practices across the UK Insurance Consumer & SME Pricing teams. Supporting the smooth transition to new working practices, developing portfolio analysis tools and monitoring the performance of the new pricing models.We require 2 Fixed Term Contractors until end of 2023 to support the embedding of new pricing models and new ways of working into BAU – one role each for the Consumer and SME Pricing teams. Key deliverables will be the successful transition from current to new pricing regimes and establishing portfolio analysis to monitor the performance of the new pricing models.What you’ll do:This role is in Bupa's UK Insurance business, and you'll be part of the Commercial Pricing team who are responsible for the pricing and analytics for our Consumer and SME PMI insurance products. We're accountable for developing and delivering the pricing strategy in support of Bupa's strategic goals.Typically, this involves analysis of the historical performance of the existing portfolio, identifying the drivers of trends and outcomes, putting forward recommended pricing actions, and modelling the likely future impact of these actions. In all of this work there will be a clear focus on treating customers fairly and ensuring good outcomes for them.You will work closely with colleagues in the pricing project and BAU pricing teams, along with those from other teams such as Actuarial reporting & forecasting, Sales, Finance, IT and Product as well as external consultants.Acting under management instructions there may be the occasional opportunity to support some BAU activity which could involve extracting, refining and enriching data, building and running models using advanced analytical techniques, interpreting results and providing insight and recommendations. Work will be documented in line with the Technical Actuarial Standards, and you'll contribute to the drafting of reports and presentations for consumption by senior stakeholders.What you’ll bring:The role holder is expected to have the following experience and qualifications:<ul><li>Experience in pricing in general insurance or health markets.</li><li>Practical knowledge of GLM/GBM/machine learning, price optimisation, lifetime value modelling.</li><li>Strong numerical and analytical skills demonstrated through previous experience.</li><li>Ability to apply technical knowledge effectively in a business and commercial context</li><li>Strong communication skills, including the ability to present technical information and ensure it is understood by various stakeholders.</li><li>Advanced PC skills including Excel, Word, and PowerPoint.</li><li>Experience with SAS, Emblem and Radar essential.</li><li>Experience with Python would be an advantage.</li><li>Good progression towards the IFoA qualification (or equivalent) would be an advantage</li></ul>BenefitsWe are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers. Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You’ll be eligible for:<ul><li>25 days holiday per year, pro rata to your contract.</li><li>Access to a range of services to support your physical and mental wellbeing</li><li>Fixed term benefits allowance</li><li>Access to our confidential employee assistance programme</li><li>Workplace pension</li><li>Online discounts covering your everyday shopping, entertainment, eating out and more.
</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

<ul><li>Up to £85K + fantastic benefits including 10% Bonus Dependent upon experience</li><li>Flexible / Hybrid working options up to 4 days per week from home</li><li>Full time 35 hours per week</li></ul>Here you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives and making a better world.Bupa’s purpose is to help people live longer, healthier, happier lives and making a batter world, our Actuarial teams play a key role in helping us deliver on our purpose. In 2019 we appointed a new Chief Actuary, under their leadership we’ve expanded our team and invested in our colleagues, delivering great results for our business.We believe our Actuarial team shapes the future of our company. With colleagues covering pricing, reserving, modelling and much more they help future proof our business, all the while keeping our customers at the heart of every decision.Role OverviewThe Capital Actuary will provide support to deliver the ongoing development of the Economic Capital Model for Bupa Group and Bupa Insurance entity. You directly support the Head of Capital Model Development and work closely with multiple stakeholders. In essence, you will add significant value to Bupa Actuarial capital modelling capabilities.This is an ideal role for an Actuary looking to develop experience in economic capital modelling. You will be supported by an experienced team.What you’ll do:<ul><li>Deliver capital modelling updates and analysis of Economic Capital Requirements.</li><li>Perform annual review of methodology, risk calibration and dependency/aggregation.</li><li>Maintain model documentations, data directory and expert judgment log.</li><li>Support model use initiatives including capital risk appetite setting, capital optimisation.</li><li>Prepare capital requirement reports for Bupa Board, Executive team.</li><li>Partner with multiple stakeholders across Bupa.</li><li>Point of contact for economic capital requirement queries.</li></ul>What you’ll bring:<ul><li>Qualified Actuary (IFoA). Ideally 2 years qualified but newly qualified candidates will be considered dependent upon experience.</li><li>Strong modelling experience.</li><li>Understanding of Solvency2 requirements.</li><li>ReMetrica software knowledge is an advantage, but not essential.</li><li>Previous exposure to capital modelling techniques and reporting, including risk calibrations for economic capital or partial/full internal model under Solvency 2.</li><li>Proactive mindset, ability to work independently.</li></ul>What's different about this role?Bupa has a global footprint and with this role you'll have exposure to all of it bringing so much interest & variety.Why Bupa?We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.Our benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. You will be eligible for:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan and life insurance</li><li>Annual performance-based bonus</li><li>Onsite gyms or local discounts where no onsite gym available</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionBupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

<div>Start Date: September 2023Salary: £20,000-£25,000 per year (dependent on location) + Fantastic Benefits Working Hours: Full time, 35 hours per week We’re known as a leading healthcare group, but we’re so much more than that. We have 38 million customers worldwide, with no shareholders, so we can reinvest profits into providing more and better healthcare for the benefit of current and future customers. We’re focussed on our purpose - helping people live longer, healthier, happier lives and making a better world. So, if you’re looking to kick start your career and can bring us the skills we’re looking for, then we can help you develop at a company that truly has belief in you. Gain a deep and valuable insight into the actuarial world after your second year at university and give a bright start to your future career with our 12-month undergraduate industrial placement. Whether you know what you want to do in the future or are still working that out, we believe it’s really important to try it for yourself. That’s why over the course of the placement, you’ll complete a rotation in one of our actuarial functions, which may include: <ul><li>Pricing </li><li>Reserving </li><li>Regulatory Reporting </li><li>Claims Analytics </li></ul>No two days are the same during the 12-month placement. You’ll face a well-balanced mix of challenges, mutual support and accelerated skills development through our development programme. You’ll also shadow senior colleagues to gain valuable insight and enhance your network.At the end of a successful placement, there is the potential to be fast-tracked for a place on our graduate scheme.What we’re looking forDo you want to make a difference to people’s lives? Bupa does, and not only for its customers, but for all its employees and everyone across the globe. As a global health and care company, everything we do is driven by our purpose. If you share our ambition and you’re equally as passionate about people, our values and putting customers first, then Bupa is the perfect place to start your Actuarial career.Qualifications and Training<ul><li>Must have the right to work in the UK </li><li>Current undergraduate student in your penultimate year of your degree </li><li>Numerical based degree, such as (but not limited to) Actuarial Science, Mathematics, Statistics, Engineering or Economics. </li><li>Be on track to achieve at least a 2.1 in your degree </li><li>Have achieved an ABB at A- Level or equivalent, with a minimum grade in A -Level Maths (or equivalent). </li></ul>Skills and Knowledge<ul><li>Curious and inquisitive, challenging the status quo, flexible and adaptable and tenacious and resilient </li><li>Effective self-organisation and ability to plan ahead, to complete tasks to deadlines. </li><li>Positive, can-do attitude, pro-active and take the initiative. </li><li>Good problem-solving and analytical skills.  </li><li>Team player, able to work collaboratively with others and influence. </li><li>Strong self-awareness with a drive and commitment to own development </li><li>Able to take a commercial approach </li><li>Excellent written and interpersonal communication skills. </li></ul>What else we offer you:We specialise in wellbeing. And healthcare is what we’re known for. It’s what makes Bupa, Bupa. Looking after our colleagues and their wellbeing is what we do best. So, alongside an attractive starting salary you’ll have access to a whole range of other benefits. From discounted gym memberships and online classes to support your physical wellbeing, right through to our Personal Energy programme and network of mental health first aiders.At Bupa your wellbeing is our priority. We’ve always had belief in our colleagues so flexible working is built into our culture. Giving our colleagues the trust to work in a way that suits them and the needs of the business, helping them maintain a great work life balance and we can do the same for you. Our approach to Diversity & inclusion Put simply, here you’ll be welcomed. We champion diversity and inclusion and understand the importance of our people representing the communities and customers we serve. In 2018 we launched our everyone’s welcome pledge, cementing our commitment to inclusion quite literally into the side of our building in Salford Quays. Since then, we’ve been ranked in the top 10 Inclusive employers in the UK twice by Inclusive Companies and regularly win awards for our commitment. We believe in creating an inclusive environment where everyone can bring their true self to work every day. That’s why we launched our colleague network, Be You At Bupa, helping us all celebrate uniqueness of each and every one of our colleagues and the experiences they can bring. No matter our differences we believe everyone should be treated fairly, regardless of background, disability, or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them. </div>

Actuarial jobs at Bupa