Brighton

Staines

Manchester

London

Salford

Intern

Part Qualified

Associate

Health

Property & Casualty

Reserving

Reporting

Modelling

Pricing

Machine Learning

Excel

Emblem

Radar

Location: London, Salford Quays (Manchester)Hybrid working options availableDuration: 1 Year RotationSalary: £22,000-£25,000 per year (dependent on location) + Fantastic BenefitsHours: Full time 35 hours per weekStart Date: September 2025We’re known as a leading healthcare group with 50 million customers worldwide. We reinvest profits into providing better healthcare for the benefit of current and future customers. We’re focused on our purpose - helping people live longer, healthier, happier lives.Gain a deep and valuable insight into the actuarial world after your second year at university with our 12-month undergraduate industrial placement.During 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 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. If you share our ambition and you’re 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 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</li><li>Effective self-organisation and ability to plan ahead</li><li>Positive, can-do attitude, proactive and take the initiative</li><li>Good problem-solving and analytical skills</li><li>Team player, able to work collaboratively with others</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. Looking after our colleagues and their wellbeing is our priority. Alongside an attractive starting salary, you’ll have access to a range of benefits, including discounted gym memberships and support for your physical and mental wellbeing.Why Bupa?We’re a health insurer and provider. Our customers are our focus, and our people are driven by the same purpose – helping people live longer, healthier, happier lives. We encourage all of our people to “Be you at Bupa” and champion diversity.Bupa is a Level 2 Disability Confident Employer. We’ll ensure you are treated fairly and offer reasonable adjustments as part of our recruitment process.We’ll review your application and, if successful, you’ll be asked to complete some online ability tests. If you’re successful at this stage, we’ll invite you to complete a video interview. The final stage of our recruitment process will be an assessment day.

Hybrid working with 3-4 days per week working from home£42K - £46K per annum + fantastic benefitsWe consider all types of flexibility, including locations, hours and working patterns.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.This role is in Bupa's UK Insurance business and you'll be part of the actuarial team responsible for the pricing and analytics for all our consumer insurance products.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. This can include client specific analysis.</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. The ability to problem solve and work from first principles will be required to develop solutions to brand new or client specific requests. 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.Work will be carried out under the guidance of the Senior Pricing Actuary.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.Qualifications, skills and experience<ul><li>Good progression towards the IFoA qualification (or equivalent) would be an advantage (5-11 exam passes, but will consider those with required technical experience who are not pursing formal qualification)</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, SQL, R, Emblem and Radar would be an advantage.BenefitsOur 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:<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>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.

Hybrid working with 3-4 days per week working from home£50K - £55K per annum + fantastic benefitsFull time 37.5 hours per weekWe consider all types of flexibility, including locations, hours and working patterns.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.This role is in Bupa's UK Insurance business and you'll be part of the actuarial team responsible for the pricing and analytics for all our consumer insurance products.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. This can include client specific analysis.</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. The ability to problem solve and work from first principles will be required to develop solutions to brand new or client specific requests. 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.Work will be carried out independently, with support and oversight of the Senior Pricing Actuary.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.Qualifications, skills and experience<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 or SQL is essential</li><li>Experience in Emblem, Radar and R would be an advantage.</li><li>Good progression towards the IFoA qualification (or equivalent) would be an advantage (11+ exam passes, but will consider those with required technical experience who are not pursing formal qualification)</li></ul>BenefitsOur 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.

<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>

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