Senior Pricing Actuary

Job Description:

Senior Pricing Actuary

Permanent

Location: Hong Kong/Singapore

Full time

Hybrid working

We make health happen

Bupa Global is the international health insurance division of Bupa. We provide customers who want premium international coverage with products and services to access the healthcare they need anytime, around the world, whether at home or when studying, living, travelling or working abroad.
 
Bupa Global has offices around the world including London and Brighton (UK), Dublin (Europe), Miami (USA), Dubai (UAE, in partnership with OIC), Egypt and Hong Kong (China) as well as regional offices in mainland China, Singapore, the Dominican Republic, Bolivia, Panama, Guatemala and Ecuador.

How you’ll help us make health happen

• Representing pricing with internal and external stakeholders within the Asia region.
• Taking a lead role with internal stakeholders, including the Bupa Global (BG) Executive Leadership Team, to influence and develop new pricing initiatives and support other areas that require pricing input
• Carrying out rate reviews to assess performance of Bupa’s product suite and making pricing recommendations to the Bupa Global General Managers, the Chief Commercial Actuary and the BG Underwriting and Pricing Committee.
• 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
• Regularly presenting to the BG Underwriting and Pricing Committee on key pricing issues.
• Representing Pricing in the BG Plan process and discussion, including reviewing key pricing and inflation assumptions.
• Pricing of new and existing IPMI and other insurance products
• Facilitating and interpreting competitor pricing analysis
• Taking ownership of projects from a pricing perspective across multiple functional areas, as a subject matter expert, applying advanced analytical methods to develop business solutions to challenges and opportunities that arise

Key Skills/Qualifications needed for this role:

• Qualified Actuary (IFoA) with 2-3 years post-qualification experience
• IPMI pricing experience – candidates with pricing and or product experience in other insurance sectors may be considered
• Strong experience with manipulating and using insurance data
• Statistical modelling experience including Generalised Linear Modelling and other advanced analytics methods
• Experience with suitable statistical and analytical tools such as SAS, Earnix, Emblem, Radar and R
• Proven track record of applying advanced analytics and data modelling to business situations in order to provide strategic recommendations.  Ability to refine and apply knowledge of data to solve business needs
• A proactive mindset, challenging requirements, seeing things from a customer's viewpoint and exploring new directions from results of analyses

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 takes pride in being a Level 2 Disability Confident Employer and will aim to offer an interview/assessment to disabled applicants who best meet the minimum criteria for the role. We’re committed to ensuring you’re treated fairly during the recruitment process and offer reasonable adjustments to anyone who may benefit from accommodations to the recruitment process. 

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