Data Scientist

BUPA; London; On-site; GBP 56,000 - 66,000; Full time

Job summary

An established industry player is on the lookout for a talented Actuarial Data Scientist to join their innovative team. This role offers the chance to work with cutting-edge data platforms, driving insights and forecasting that directly impact healthcare strategies. You'll leverage your expertise in statistical modeling and data analysis to uncover trends within insurance data, collaborating with various stakeholders to deliver actionable insights. Enjoy a flexible working environment with fantastic benefits and the opportunity to make a real difference in people's lives through your work. If you're passionate about data and innovation, this is the perfect role for you.

Benefits

25 days holiday

Bupa health insurance

Enhanced pension plan

Life insurance

Onsite gyms or local discounts

Various online discounts

Qualifications

• Expertise in building and validating statistical models.
• Experience in handling large datasets and trend analysis.
• Proficient in automating processes using Python and Power BI.

Responsibilities

• Lead inflation trend insights and forecasting using data models.
• Validate and explain model improvements using statistical techniques.
• Communicate insights effectively to steer company strategy.

Skills

Statistical Modelling

Python

Power BI

Data Analysis

Model Validation

Communication Skills

Trend Analysis

Automation

Insurance Industry Knowledge

Actuarial Concepts

Tools

SAS

Snowflake

Matplotlib

Job description

Flexible / Hybrid working options (i.e up to 3 days WFH)

Permanent

Ranging £56,100 - £65,500 (Neg) + fantastic benefits (depending on exp. & location).

Full time 37.5 hours

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.

The Actuarial Data Scientist will identify underlying trends in our insurance data using various statistical models and software. This role involves self-directed project work and collaboration with stakeholders across Pricing, Finance, and Healthcare Management.

We are seeking a talented Data Scientist to join our team and utilise our new data platform on Snowflake to drive model insights and forecasting for BUPA. Alongside supporting the team with data scientist techniques.

How you’ll help us make health happen:

• Lead Inflation Trend Insights & Forecasting: Utilise Bupa’s cutting-edge data platform to uncover inflation trends and support inflation forecasting.
• Model Building & Insights: Create impactful timeseries models (and other models as required) and deliver actionable insights to stakeholders.
• Be able to validate and explain model improvements – Using statical technical to valid models such as SHAP and LIME.
• Identify Trends in Insurance Data: Use a range of statistical models and software (e.g., SAS, R, Python) to understand how member, provider, claim, demographic, and other external data link to our volumes and claim spend.
• Support & Train Team: Help colleagues get the most out of our new data platform.
• Present Data: Use appropriate visualisation tools (e.g., PowerBI, Matplotlib) to present data.
• Communicate Insights: Effectively communicate insights to the wider business to help steer company strategy (e.g., Reserving, Planning, Pricing, Claims Management).
• Automate Processes: Streamline processes using 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.

Key Skills / Qualifications needed for this role:

• Demonstrated expertise in a data science role, building and validating models.
• Skilled in statistical modelling, analysis and validation using tools such as Python, PowerBI etc.
• Experienced in handling large datasets, both structured and unstructured.
• Capable of identifying and analysing trends in data to support forecasting and decision-making.
• Support colleague in the use of data scientist tools and techniques.
• Competent in automating processes using Python, Power BI, or similar tools.
• Strong communication skills for effectively conveying insights to various stakeholders.
• Proactive in challenging existing processes and driving innovation.
• Experienced in monitoring model performance and ensuring reliability.
• Experience or understanding of the Insurance industry.
• Prior use of Snowflake
• Actuarial Concepts: Knowledge of key actuarial principles.
• Transformation Experience: Background in environments undergoing data platform transformation.

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
• 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

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 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 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.