Actuarial Modelling Analyst

BUPA; Staines-upon-Thames; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading health insurer in the UK is seeking an Actuarial Modelling Analyst. This role offers hybrid working with up to 4 days from home. You will support the Actuarial Transformation Programme, creating models and providing insights using cutting-edge technology. Ideal candidates will possess strong problem-solving and communication skills, with familiarity in actuarial concepts and data transformation. The position offers a competitive salary and comprehensive benefits.

Benefits

25 days holiday per year

Access to wellbeing services

Workplace pension

Confidential employee assistance programme

Online discounts on shopping and entertainment

Qualifications

• A keen interest to understand the business Bupa is involved in.
• Ability to understand Actuarial stakeholder issues and deliver effective solutions.
• Excellent communication skills and the ability to identify and address issues early.

Responsibilities

• Create impactful models and deliver actionable insights to stakeholders.
• Utilize the Snowflake data platform to uncover trends and support forecasting.
• Streamline processes using SQL, Python, and Power BI.

Skills

Curiosity & Business Understanding

Problem-Solving Skills

Strong Communication

Stakeholder Engagement

Team Player

Insurance Knowledge

Actuarial Concepts

Transformation Experience

Tools

SQL

Python

Power BI

Snowflake

Job description

Job Description:

Actuarial Modelling Analyst

Hybrid working with up to 4 days per week working from home

Angel Court, London or Willow House, Staines

Permanent

Salary starting from £55K per annum dependent upon experience

Full time 37.5 hours per week

We make health happen

At Bupa, we're passionate about technology. With colleagues, customers, patients and residents in mind you'll have the opportunity to work on innovative projects and make a real impact on their lives.

Right from the start you'll become part of our digital & data strategy, joining us on our journey and developing yourself along the way.

How you'll help us make health happen

As our Actuarial Modelling Analyst you'll help support the design, build and embedding of the Actuarial Transformation Programme to deliver the Data, Actuarial modelling Foundation and Commercial analytics pillars, through the use of Psicle.

Accountabilities & activities:

• Model Building & Insights on claims and policy information: Create impactful models and deliver actionable insights to stakeholders in the actuarial community.
• Trend Insights & Forecasting: Utilize our cutting-edge Snowflake data platform to uncover trends and support forecasting.
• Trend Identification: Process to identify new trends and changes in data to enhance reserving accuracy and understanding.
• Automate Processes: Streamline processes using SQL, Python, Power BI, and other tools.
• Monitor Models: Ensure the reliability and performance of models through effective monitoring.
• Handle Large Data Sets: Work with both structured and unstructured data to derive insights.
• Collaborate with Engineers: Partner with data engineers to define requirements for model builds and data feeds.
• Innovate & Challenge Norms: Lead best practices and challenge existing processes to drive innovation.
• Support & Train Team: Help your colleagues get the most out of our new data platform and embed new processes into everyday work.

Key Skills / Qualifications needed for this role:

• Curiosity & Business Understanding: A keen interest to understand the business BUPA is involved in.
• Problem-Solving Skills: Ability to understand Actuarial stakeholder issues and deliver effective solutions.
• Strong Communication: Excellent communication skills and the ability to identify and address issues early.
• Stakeholder Engagement: Engage with stakeholders to achieve desired outcomes.
• Team Player: Supportive of upskilling colleagues and open to constructive feedback.
• Insurance Knowledge: Background or understanding of the insurance industry.
• Actuarial Concepts: Familiarity with key actuarial concepts.
• Transformation Experience: Experience in environments undergoing data platform transformation.

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.

Bupa takes pride in being a Level 2 Disability Confident Employer and will aim to offer an interview/assessment to disabled applicants who best meet the minimum criteria for the role. We're committed to ensuring you're treated fairly during the recruitment process and offer reasonable adjustments to anyone who may benefit from accommodations to the recruitment process.

Time Type: Full time | Job Area: IT | Locations: Angel Court, London, Staines - Willow House