Senior Actuarial Analyst / Actuary

Job purpose:  The role holder will be a member of the Centre Actuarial team within Bupa’s Centre Finance & Governance Department.  The role will support the more senior team members to deliver key Centre Finance & Governance outcomes:  Efficient and compliant actuarial modelling processes are in place and embedded throughout Bupa globally Bupa’s Board and Executive are provided with actuarial analysis and insight to support business steering and transaction assessment Bupa has appropriate actuarial capabilities to achieve Bupa’s purpose Accountabilities:  The role holder will support actuarial work towards some of the following objectives:  Implement the actuarial function throughout Bupa, with particular emphasis on the calculation and analysis of technical provisions and risk based capital requirements, stress and scenario testing and the assessment of pricing and reinsurance adequacy. Deliver the actuarial content for reports to the Executive, Board and Bupa’s regulators (e.g. ORSA Report, SFCR, RSR, QRTs). This will entail working alongside other Centre Finance & Governance teams and local actuarial teams. Support the implementation of initiatives to accelerate revenue growth and optimise Bupa’s risk profile (e.g. internal and external reinsurance optimisation, M&A activities). Provide actuarial advice and guidance to facilitate the assessment of complex commercial transactions. Interpret prudential regulatory requirements to understand the implications on actuarial models and reporting Produce an environment of continuous improvement to ensure that all actuarial work is conducted to the highest possible standard in the most efficient manner Continually engage with the actuarial community across the group in a step-by-step and strategic manner to enable the actuarial community to efficiently develop, communicate and share knowledge. Specifically, the role holder will be accountable for the following activities:  Draft actuarial reports and conduct the associated investigations and analysis. Review actuarial data and reports submitted by business units to help ensure consistent application of actuarial methodology and standards across Bupa. Ensure that the team’s data, models and processes are properly controlled, documented and reliably produce required outputs. Define user requirements and perform user acceptance tests for change requests relating to the team’s actuarial models. Liaise with actuarial colleagues across Bupa, helping to develop a network to facilitate learning, share information, drive best practice and support coordination of Bupa-wide initiatives.    Qualifications We are looking for an ambitious part qualified or recently qualified actuary with strong communication and technical actuarial skills.  The successful candidate will be able to demonstrate:  Part qualified or recently qualified actuary – Completed CT exams or equivalent essential Strong actuarial modelling skills and ability to use statistical analytics software (e.g. SAS, R) Experience within general and/or life & health insurance preferred but not essential Actuarial pricing and/or reserving experience preferred but not essential Strong written and oral communication skills, including experience in the preparation of presentations and technical papers Ability to prioritise work effectively, managing conflicting tasks and deadlines Ability to adapt to changing and ambiguous situations whilst delivering high quality results Good understanding of financial controls, validation and importance of data integrity Strong knowledge of Excel, Word and PowerPoint If you’d like to play your part in Bupa’s success story, then join us today.