Actuarial Analyst

Job Description:

Actuarial Analyst (18-month fixed-term contract)

Angel Court, London

Hybrid working, 2 days per week in the office

Competitive salary

Fixed-term

Full time 35 hours per week

We make health happen

At Bupa, our purpose is to help people live longer, healthier, happier lives and make a better world. Because we don’t have shareholders, we can invest in what matters most: our customers, our people, our services and our future. As an Actuarial Analyst in Group Functions, you’ll help bring that purpose to life by supporting capital modelling that helps Bupa make informed decisions across our global health insurance and healthcare businesses.

This is a great opportunity to join our Economic Capital Modelling team in Group Actuarial on an 18-month FTC. You’ll build experience of the insurance and provision businesses beyond the UK market, work with a wide range of colleagues across Finance, Risk and local business teams, and gain exposure to senior leaders, including the Group Chief Actuary. If you’re looking for an Actuarial Analyst role where your work has visible impact, offers real breadth and helps you keep learning, this could be the right next step.

How you’ll help us make health happen:

• Support the delivery of the Economic Capital Assessment and help prepare analysis used for Board and regulatory reporting.

• Assist with model and calibration updates, sensitivity testing, validation and analysis of change.

• Support initiatives to improve economic capital modelling capabilities and processes to improve insights and efficiency.

• Maintain clear model documentation and support reporting in line with Bupa’s risk policies and standards.

• Work with colleagues across Bupa’s global businesses to share insight and build our  knowledge of the risks these businesses face.

• Provide actuarial support to market unit teams and help make sure modelling work meets relevant regulatory requirements.

What you’ll bring:

• You must have experience of working in an Actuarial department.

• Experience in capital modelling or with Solvency II regulations is very helpful, but it isn’t essential.

• You’ll need strong Excel, Word and PowerPoint skills.

• Clear communication skills and the ability to explain analysis in a simple way is crucial.

• Knowledge of Python, R or ReMetrica would also be useful, but is not required.

• You’ll also bring sound judgement, attention to detail, a proactive approach and the ability to work independently while managing changing priorities.

• Most of all, you’ll be someone who enjoys solving problems, working with others and using insight to support better decisions.

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, increasing through length of service, with option to buy or sell

• Fixed-term benefits allowance

• An enhanced pension plan and life insurance

• Annual performance-based bonus (pro-rated)

• Onsite gyms or local discounts where no onsite gym available

• Various other benefits and online discounts

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 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.

Bupa is a Level 2 Disability Confident Employer. This means we aim to offer an interview/assessment to every disabled applicant who meets the minimum criteria for the role. 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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