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Bupa is hiring an

Actuary/Business Partner (Claims Analytics)

  • Hybrid working with up to 4 days per week from home
  • £85K - £100K per annum
  • 10% Management Bonus Scheme

Our Actuarial teams play a key role in helping us deliver on our strategy. Whether your focus is pricing, reserving, modelling or another area we believe in allowing our colleagues to work in a way that suits them. Giving them the time and freedom to keep our customers at the heart of every decision.

Our Claims Analytics team defines our pricing and our whole actuarial agenda. Here as our Analytics Actuary & Business Partner you’ll be engaging with a wide range of stakeholders regularly right up to the Executive Committee.

The Claims Analytics Actuary/Business Partner is responsible for identifying underlying trends within our insurance data using a range of statistical model and software. This is a key responsibility in developing views on claims trends and recommending inflation for our UKI & BG business units to support our pricing proposition and planning considerations.

You’ll help us make health happen by:

  • Leading change projects and transformation of BUPA analytics platforms to support more effective estimations of key assumptions including the claims inflation outlook for our insurance products
  • Identifying trends in our insurance data using a range of statistical models and software (e.g. SAS, R, Python).
  • Leveraging best market practice in the local and global marketplace. Engagement with consultants and 3rd party providers of data and benchmarking to contribute to BUPA’s commercial position and outlook.
  • Understanding how member / provider / claim / demographic / other external data is linked to our volumes and claim spend.
  • Effectively communicating insights and key assumptions needed for our pricing and planning. To include feedback and recommendations to Executive Committee, BINS Board and regular input Claims Reserving levels on a regular to help steer company strategy. (e.g. Reserving, Planning, Pricing, Claims Management)
  • Presenting data using appropriate visualization tools (e.g. PowerBI, Tableau)
  • Ensure that data and models used to support aspects of reserving, planning and financial disclosures are reviewed and documented as part of the Actuarial control environment.

Key Skills / Qualifications needed for this role:

  • The candidate is likely to be a Qualified Actuary if coming from an insurance background. However, consideration will be given to candidates with alternate backgrounds with strong data, economic, statistical, MI and forecasting capability.
  • Educated to degree level or equivalent experience.
  • Experience working in a team responsible for data analysis, including presentation / liaising to with other areas of the business and and presentation senior management.
  • Experience with database query tools (e.g. SQL) and statistical programming tools (SAS, R, Python)
  • Preferably experience within either or both reserving and pricing teams

Benefits

Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health – from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits.

Joining Bupa in this role you will receive the following benefits and more:

  • 25 days holiday per year, pro rata to your contract.
  • Access to a range of services to support your physical and mental wellbeing
  • Fixed term benefits allowance
  • Access to our confidential employee assistance programme
  • Workplace pension
  • Online discounts covering your everyday shopping, entertainment, eating out and more.

Why Bupa?

We’re a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose – helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring and responsible in everything we do.

We encourage all of our people to “Be you at Bupa”, we champion diversity, and we understand the importance of our people representing the communities and customers we serve. That’s why we especially encourage applications from people with diverse backgrounds and experiences.

As a Disability Confident employer, we offer a guaranteed interview for every disabled applicant who meets the minimum criteria for the job. We’ll make sure you are treated fairly and offer reasonable adjustments as part of our recruitment process to anyone that needs them.

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