Actuarial Pricing Analyst

Job Description:

London, Brighton, Leeds, Manchester or Staines - Hybrid working

Permanent

Full time - 37.5 hours per week

From £32,800 + (dependent upon experience & location) + pension, private health etc.

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 the last couple of years we’ve expanded our team and invested in our colleagues, delivering great results for our business. 

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. 

We make health happen

The Actuarial Pricing Analyst is a key role in Bupa Global’s Pricing Development team. You will be part of the actuarial team responsible for the pricing and analytics across Bupa Global’s Individual and SME segments. Bupa Global sells International Private Medical Insurance (IPMI), providing customers with a premium healthcare journey with direct access to a global network of specialists, without waiting for a referral. The pricing team is responsible for developing and delivering the pricing strategy in support of Bupa's strategic goals. The role will require a key blend of commercial and technical actuarial skills.

How you’ll help us make health happen:

• Pricing analysis of historical performance
• Extracting, refining and enriching data
• Identifying trends for pricing recommendations
• Advanced analytics for building models
• Modelling the impact of new pricing strategies
• Competitor pricing analysis
• Supporting the production and delivery of key management information
• Profitability analysis by customer segment
• Support a wide range of stakeholders covering other teams such as Finance, Actuarial, Sales, Product & Proposition, Clinical Policy and Healthcare Analytics.

Key Skills / Qualifications needed for this role:

• Strong numerical and analytical skills demonstrated through previous experience
• Excellent communication and presentation skills
• Demonstrable background of strong academic performance, demonstrating commitment to pass exams
• Relevant actuarial Insurance experience (desirable)
• Ideally SAS, VBA, SQL or Python knowledge

The successful candidate will demonstrate a keen commitment to sit the actuarial exams and obtain the Fellow of the Institute and Faculty of Actuaries (FIA) qualification.

Benefits

• 25 days holiday, increasing through length of service, with option to buy or sell
• Bupa health insurance as a benefit in kind
• An enhanced pension plan and life insurance
• Onsite gyms or local discounts where no onsite gym available
• Various other benefits and online discounts

At Bupa we adhere to a structured framework when awarding any changes to salary. We believe this creates a fair and consistent approach for all colleagues looking to grow or change role. For more guidance please click HERE.

Before you apply for a vacancy, please ensure your job history on your workday profile is up to date with all your career history and achievements. This will mean the Recruitment team have all the relevant information they need to review your application.

Please be aware that if you’re successful in securing this role there may be changes to your notice period and other terms and conditions, your recruiter will be able to advise what this means for you during your application.

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.

Time Type:

Full time

Job Area:

Finance & Accounting

Locations:

Angel Court, London, Bupa Place, Kirkstall Forge, Staines - Willow House, Victory House, Brighton