Job Description:
Head of Actuarial Transformation
Hybrid
Staines or London
Permanent
Full Time 37.5 hours
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
1. Lead and support the BGIUK Actuarial Transformation Programme to deliver Data, Actuarial Modelling, and Commercial Analytics platforms.
2. Build and embed the Actuarial Month-end data processes in Snowflake.
3. Enhance access to and delivery of reliable data to reduce decision-making time.
4. Improve actuarial processes to systemize regular tasks, reducing risk and manual intervention.
5. Investigate the uses, capabilities, and future of current actuarial modelling platforms.
6. Provide structured analytics to enhance commercial insights and support quarterly reserving.
7. Engage with Group Actuarial and key stakeholders to ensure delivery meets business needs.
8. Support the Technical Actuarial team to enhance process optimization, culture, governance, and ways of working.
9. Report project status, key decisions, and challenges to local and Group Project governance committees.
What We’re Looking For
10. Ideally a qualified actuary with at least 10 years of actuarial experience (although alternatives considered DOE)
11. Experience in reserving and designing reserving methodologies for insurance products.
12. Knowledge of health insurance, preferably UK Private Medical Insurance.
13. Strong commercial decision-making skills.
14. Understanding of Solvency/Capital requirements and actuarial forecasting processes.
15. Excellent planning, organizational, and project management skills.
16. Proven ability to manage change and work with ambiguity and uncertainty.
17. Strong communication and influencing skills, with experience presenting complex issues clearly.
18. 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:
19. 25 days holiday, increasing through length of service, with option to buy or sell
20. Bupa medical insurance for you and your family as a benefit in kind
21. An enhanced pension plan and life insurance
22. Free health assessment for you and your spouse
23. Target bonus of 25% based on individual and company performance
24. Company car allowance
25. Onsite gyms or local discounts where no onsite gym available
26. 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.