Job Description:
Head of Actuarial Transformation
Hybrid
Staines or London
Permanent
Full Time 37.5 hours
Closing date: Wednesday 16th April 2025
We make health happen
At Bupa, our purpose is to help people live longer, healthier, happier lives and make a better world. As the Head of Actuarial Transformation, you will play a crucial role in leading the design, build, and embedding of the BGIUK Actuarial Transformation Programme (AC/DC). This role is integral to delivering our Data, Actuarial Modelling Foundation, and Commercial Analytics pillars, which are key to our mission of providing reliable data and enhancing actuarial processes. By joining us, you will be part of a team that is dedicated to improving the ways of working for actuarial talent across Bupa, developing cross-business frameworks, and providing clearer career paths for actuaries.
Key Responsibilities
- Lead and support the BGIUK Actuarial Transformation Programme to deliver Data, Actuarial Modelling, and Commercial Analytics platforms.
- Build and embed the Actuarial Month-end data processes in Snowflake.
- Enhance access to and delivery of reliable data to reduce decision-making time.
- Improve actuarial processes to systemize regular tasks, reducing risk and manual intervention.
- Investigate the uses, capabilities, and future of current actuarial modelling platforms.
- Provide structured analytics to enhance commercial insights and support quarterly reserving.
- Engage with Group Actuarial and key stakeholders to ensure delivery meets business needs.
- Support the Technical Actuarial team to enhance process optimization, culture, governance, and ways of working.
- Report project status, key decisions, and challenges to local and Group Project governance committees.
What We’re Looking For
- Ideally a qualified actuary with at least 10 years of actuarial experience (although alternatives considered DOE)
- Experience in reserving and designing reserving methodologies for insurance products.
- Knowledge of health insurance, preferably UK Private Medical Insurance.
- Strong commercial decision-making skills.
- Understanding of Solvency/Capital requirements and actuarial forecasting processes.
- Excellent planning, organizational, and project management skills.
- Proven ability to manage change and work with ambiguity and uncertainty.
- Strong communication and influencing skills, with experience presenting complex issues clearly.
- Experience managing a specialist team with a mix of actuarial and non-actuarial personnel.
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, increasing through length of service, with option to buy or sell
- Bupa medical insurance for you and your family as a benefit in kind
- An enhanced pension plan and life insurance
- Free health assessment for you and your spouse
- Target bonus of 25% based on individual and company performance
- Company car allowance
- 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 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 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.
If you require information regarding this role in an alternative format, please email: [email protected]
Time Type:
Full time
Job Area:
Finance & Accounting
Locations:
Angel Court, London, Staines - Willow House
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What We Do
Bupa's purpose is helping people live longer, healthier, happier lives and making a better world.
We are an international healthcare company serving over 38 million customers worldwide. With no shareholders, we reinvest profits into providing more and better healthcare for the benefit of current and future customers.
We directly employ around 85,000 people, principally in the UK, Australia, Spain, Chile, Poland, New Zealand, Hong Kong SAR, Türkiye, Brazil, Mexico, the US, Middle East and Ireland. We also have associate businesses in Saudi Arabia and India.
For more information, visit www.bupa.com
