Actuarial Pricing Analyst

4 weeks ago

StainesuponThames, United Kingdom Bupa Full time

Job Description:

Pricing Analyst

Willow House, Staines – Hybrid Working

Permanent + Full time (37.5hrs pw)

From £33,500K + Excellent Benefits

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.

We make health happen

In this role you will support the wider business by carrying out manual pricing tasks and answering pricing queries in regards to Bupa’s UK Insurance product portfolio, with the potential to specialise in one or more product line. You will prepare regular analyses by product distribution channels in areas such as claims and pricing.

You’ll help us make health happen through:

Calculation and processing of relevant manual pricing, complaints and remediation tasks options within Bupa’s UK Insurance product portfolio, with the potential to specialise in one or more product line Handling the day-to-day tasks and queries within agreed SLAs Following agreed processes and principles, with the application of own judgement where necessary (support available from other team members who perform similar tasks) Understand and highlight issues within day-to-day processes to protect the overall team and business financial targets Work closely with the wider team members to ensure team objectives are met Manage individual business processes to support the wider Pricing Delivery functions and help deliver the required financial outcomes Review the performance of existing portfolios and support recommendations to the appropriate Pricing Governance Committee (or UPCo) regarding the appropriate rating actions to deliver the financial plan targets and improve risk selection.

Key Skills needed for this role:

Proven numerical skills evidenced through previous work experience within an insurance company - essential Awareness of Bupa's products and pricing across channels - desirable Working knowledge of the underwriting and pricing rules used across sales channels – desirable Experience of data manipulation using Microsoft Office packages, primarily Excel - essential Ability to run programs within SAS – desirable but not essential Good communication skills and ability to manage relationships Attention to detail and commitment to meeting deadlines Ability to manage own time and workload

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.

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 performance-based bonus Onsite gyms or local discounts where no onsite gym available Various other benefits and online discounts

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.

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