Actuarial Pricing Consultant - London, United Kingdom - Bupa

Bupa

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Pricing Consultant/Actuary

London, Manchester, Brighton, Leeds or Staines

Remote/ hybrid working

Up to £93k salary dependant on experience and location

Target bonus of 10% based on individual and company performance

Permanent

Full time
- _35 hours per week_

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 better world, and our Pricing team plays a key role in helping us deliver on our purpose.

Pricing is a real focus for Bupa and we have recently expanded and invested in the team to revolutionise the way we price today and deliver great results for our business and customers.

Role Overview

The Actuarial Pricing Consultant is a key role supporting Bupa Global by improving data, insights and predictive analytics within the company.

Making strategic and tactical recommendations on pricing and underwriting topics in support of Bupa's strategic goals and the pricing and underwriting strategy.

What you'll do:

Working with international stakeholders to develop new pricing initiatives and support other areas that require pricing input
Carrying out rate and zonal reviews to assess performance of Bupa's product suite and making pricing recommendations and supporting the implementation of these
Developing and maintaining risk, demand and value models using generalised linear models and machine learning to support pricing and to provide insight into customer decisionmaking
Building pricing scenario tools to test different pricing strategies
Identification, development and deployment of new analytical techniques, tools and data sources, and supporting team members in making optimal use of these
Pricing of new and existing IPMI and other insurance products
Facilitating and interpreting competitor pricing analysis

What you'll bring:

Previous pricing experience in Health or GI markets will be advantageous
Experience with suitable statistical and analytical tools such as SAS, Earnix, Emblem, Radar and R
Statistical modelling experience including Generalised Linear Modelling and other advanced analytics methods
Lifetime value or embedded value modelling
Excellent communication skills, including the ability to present technical information and ensure it is understood by various stakeholders

Why Bupa?

We are a health insurer and provider. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers.

Our benefits are driven by what matters to our people. It's important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically.

Benefits include:

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
Annual performancebased bonus
Onsite gyms or local discounts where no onsite gym available
Various other benefits and online discounts

Diversity and Inclusion

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.

Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications.

We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa.

We'll make sure you are treated fairly regardless of disability or circumstance. That's why we're happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.