Manager, Medical Analytics, R&D

Pacific Life Re; Greater London; On-site; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Private insurance

Group Life Insurance

Gym membership

Cycle to Work

Job summary

Pacific Life Re is seeking a Manager, Medical Analytics, R&D in London to lead biometric risk modelling initiatives and develop assumptions for UK annuities. You will oversee data sourcing, modelling, validation and communication of results within the Medical Analytics and wider R&D teams.

The role requires strong problem solving, project management and stakeholder engagement, with collaboration across pricing, underwriting and product development teams.

Qualifications

• Qualified Fellow of the Institute or Faculty of Actuaries or other similar actuarial organisation; advanced qualification in a health-related subject (e.g. Masters/PhD in Epidemiology, Biostatistics, Health Data Science or Health Economics)
• Strong analytical skills and independent problem-solving abilities applied in health-related contexts
• Excellent organisational skills and ability to coordinate multi-disciplinary teams in fast-paced settings
• Proficient in turning insights into practical outcomes
• Experience explaining complex technical issues to diverse audiences

Responsibilities

• Conduct analytical projects to support UK individual and enhanced annuities basis development, including project and stakeholder management
• Contribute to analytical projects in Medical Analytics or wider R&D team
• Engage in research initiatives and build relationships with health analytics networks
• Share knowledge within the team across health-related topics

Skills

Biometric risk modelling

Statistical programming

R or Python

Stakeholder management

Data analysis

Education

Fellow of the Institute or Faculty of Actuaries

Masters/PhD in Epidemiology or Health Data Science

Tools

R

Python

Job description

Job Title

Manager, Medical Analytics, R&D

Job Description

Manager, Medical Analytics, R&D (London)

We are a global life reinsurer operating in Europe, Asia, Australia and North America, and are part of Pacific Life, a mutual insurance group. Fuelled by our pursuit of excellence and a quest to innovate, we’re proud to do things differently. Our people are not afraid to disrupt and challenge industry thinking and provide the best protection, savings and retirement reinsurance products and services possible.

Role Overview

We have an exciting opportunity for a Manager with strong technical skills and experience in biometric risk modelling to join the R&D Medical Analytics team. This is an exciting time to join as we build our insured annuities business and invest in the analytics, modelling and assumption-setting capability needed to support future growth. With access to rich health and underwriting data, you will play a key role in developing the assumptions, models and insights that underpin our individual and enhanced annuities proposition.

Medical Analytics is a multidisciplinary team that works at the intersection of insurance, health and data science. The team combines data-driven and medically-informed insights to support assumption setting, product development, pricing, underwriting and strategic decision-making. The team also assesses emerging developments across the health landscape, translating information from a range of sources into actionable business insights.

You will support the Head of Medical Analytics with managing and conducting health-related analytical projects, with a core remit of supporting basis development, pricing and underwriting rules for UK individual and enhanced annuities products. Responsibilities include planning, evidence synthesis, data sourcing, data analysis, model design, validation and results communication. As part of these projects, you will be transforming quantitative and qualitative analysis into assumptions and uplifts for use in the rest of the business. The role requires strong problem solving, project management and stakeholder management skills.

You will work closely with other teams including:

• Savings and Retirement and Protection teams inside the Reinsurance Division to support on pricing, product development and underwriting philosophy, and to ensure that the assumptions developed and analyses conducted meet their needs
• R&D teams including the Basis Development, Strategic Analytics teams, and R&D teams in other geographies across the Division

You will be working in a company that values your technical skills, innovative solutions, and your ability to communicate those ideas effectively.

Role Responsibilities

• Conducting analytical projects to support UK individual and enhanced annuities basis development, including project and stakeholder management
• Contributing to analytical projects in the Medical Analytics or wider R&D team
• Contribute to wider research initiatives such as thought leadership articles and building relationships with relevant health analytics networks
• Support and participate in knowledge sharing in the team, across a range of skills and health-related topics

Desirable Skills & Experience

• Qualified Fellow of the Institute or Faculty of Actuaries or other similar actuarial organisation; or advanced qualification in a health-related subject (e.g. Masters/PhD in Epidemiology, Biostatistics, Health Data Science or Health Economics)
• Strong analytical skills and independent problem-solving abilities applied in health-related contexts
• Excellent organisational skills and able to coordinate the work of multi-disciplinary teams in fast-paced commercial settings
• Proficient in turning quantitative and qualitative insights into practical and actionable outcomes
• Experience in explaining complex technical or commercial issues to a variety of audiences, via written and spoken communication
• Knowledge of modelling techniques such as survival models, disease progression models, simulation models, intervention models and causal inference
• An understanding of the reinsurance or insurance industry, particularly pricing, underwriting or assumption setting processes. Experience of working with pricing and underwriting teams is particularly advantageous
• Knowledge of health data standards, health systems organisation or the pharmaceutical life cycle
• Ability to rapidly appraise medical research and synthesise evidence to inform analyses and commercial decision making
• Proficient in production-quality statistical programming, using languages such as R or Python

We know strong candidates may not meet every point listed above.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team’s connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee’s involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

• 25 days of annual leave with option to buy/sell more days
• Adoption and fertility leave
• Generous enhanced parental leave

Healthcare

• Comprehensive private insurance coverage for employee and dependents
• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
• Optical benefits

Savings & Retirement

• 15% combined employee/employer contributions

Wellness

• Subsidized gym membership
• Access to Employee Assistance Program
• Cycle to Work and Electric Car Salary Sacrifice Scheme
• Time off for volunteering
• Charitable matching of employee donations

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.