Product Development Actuary
Hybrid working with up to 4 days per week working from home Staines, Angel Court – London or Salford Quays – Manchester.
Permanent.
Salary: £72,300 – £90,300 dependent upon experience.
Full time 37.5 hours per week.
How you’ll help us make health happen
The Product Development Actuary is an exciting new role supporting both Bupa’s UK Insurance and Bupa Global business units. You’ll be part of the pricing projects team, responsible and accountable for providing product development and pricing support to a wide variety of projects across the business.
Key duties include
- Leading and contributing actuarial input into product & proposition development projects, including benefit design, underwriting features, pricing structures and customer outcomes.
- Assessing the financial, commercial risk and customer impact of proposed product and proposition changes, highlighting key sensitivities and downside risk analysis to support decision making.
- Engaging & influencing colleagues in other teams such as Sales, Finance, Product & Proposition, Clinics and Healthcare Analytics on a range of projects and initiatives.
- Providing actuarial oversight during implementation, including post‑launch monitoring, review of emerging experience and identification of actions where outcomes diverge from expectations.
- Managing priorities across a diverse portfolio of projects, applying professional judgement to balance pace, quality, risk and stakeholder needs.
Key Skills / Qualifications needed for this role
- Qualified Actuary (FIA or equivalent).
- Significant experience of working in Financial Services.
- Significant experience in Health Insurance is an advantage.
- Excellent communication skills, including the ability to present technical information and ensure it is understood by various stakeholders.
- Adaptability to handle a wide variety of different projects and prioritise and manage multiple tasks.
- Awareness and understanding of the wider business, economic and market environment in which Bupa operates.
- An appropriate level of awareness and understanding of Bupa’s strategy and business model.
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 per year, pro rata to your contract.
- Access to a range of services to support your physical and mental wellbeing.
- Fixed term benefits allowance.
- Access to our confidential employee assistance programme.
- Workplace pension.
- Online discounts covering your everyday shopping, entertainment, eating out and more.
That 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.
End Date: June 7, 2026
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