Finance & Accounting Senior Pricing Actuary

Senior Pricing Actuary

Location
Hong Kong/Singapore
Location
Full Time
Apply

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.

Time Type:

Full time

Job Area:

Finance & Accounting

Locations:

The Quayside

Senior Pricing Actuary

Location
Hong Kong/Singapore
Location
Full Time
Apply
A Bupa healthcare professional in clinical uniform and headscarf, working in a clean, modern healthcare setting that supports patient care

Our
purpose

Bupa’s purpose is helping people live longer, healthier, happier lives and making a better world. We do this by providing a broad range of healthcare services, support and advice to people throughout their lives. People are at the heart of everything we do. Together, we make health happen.

Our
values

Every company needs an ethos, and we're no different. Through good days and challenging times, we always work with our values in mind. These are: Brave - Make new possibilities happen. Caring - Act with empathy and respect. Responsible - Own your decisions and actions.

We don't have shareholders at Bupa, which means we're free to invest our profits where they matter: our patients, our facilities, our research, and you. 

As a healthcare provider, we have a duty to do the right thing. By our customers, our people and our partners. The Bupa Code holds us to this duty. It's our promise to protect, care for, and build trust with everyone who relies on us.

Bupa colleagues working together in a meeting room, reflecting collaboration and teamwork in a professional office setting
Two Bupa Care Services colleagues in uniform sitting at a table, talking over a drink during a break in a calm, welcoming workplace setting.

Free to be
you

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.Free
to be you.

Back in September 2018, we made a pledge. That we'd do whatever we could to make Bupa a diverse, kind and inclusive place to work.

Everyone deserves a positive working environment. Everyone deserves to have their voice heard. Everyone deserves freedom from bullying, harassment and discrimination.

Taking the first steps:
Life as a Placement Student

Rhitik joined our Actuarial team for his placement year in 2020 and will be returning in 2022 as part of our Graduate programme. We caught up with him at the end of his Placement year to find out how he got on, and why he chose to stay with Bupa once he’s completed his studies.

Read more
Rhitik Raja.jpg

Senior Pricing Actuary

Location
Hong Kong/Singapore
Location
Full Time
Apply