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Chief Actuary

Please Note: The application deadline for this job has now passed.

Job Introduction

The Chief Actuary will oversee all aspects of the Business Unit’s actuarial function. Creates the appropriate framework and has full ownership and accountability for the business unit actuarial function ensuring alignment with the Bupa Global Actuarial Function’s strategy & vision (as it is set by the Global Chief Actuary) and Corporate Centre framework.  Responsible for guiding executive management on all relevant aspects of the insurance business.  Leads and directs the actuarial staff of the business unit and engages outside actuarial resources as necessary.

Role Responsibility

  • Manage the actuarial function of the business unit
  • Hire, train, motivate, optimize resources allocation and manage the different levels of actuarial staff in the business unit
  • Ensure business continuity, simplicity in processes and be in control of the actuarial environment.
  • Manage external actuarial resources
  • Active participation in setting business unit goals and strategies
  • Advise executive management on all aspects of the insurance business
  • Create a framework to provide executive management relevant business intelligence
  • Sit on relevant business unit committees (ie RMC, PUCo,etc)
  • Oversee product development and pricing from the perspective of the actuarial function
  • Oversee reserves and other relevant liabilities and assets
  • Responsibility for regulatory and audit compliance of the actuarial function
  • Ensure compliance with Corporate Centre policies within the responsibility of the actuarial function
  • Facilitate new market entry for the business units
  • Ensure timely delivery of projects and align priorities with business stakeholders and Global Chief Actuary
  • Ensure adequacy of underwriting and reinsurance practices within the business unit
  • Assist Bupa Global Chief Actuary with market unit priorities

The Ideal Candidate

  • Bachelor Degree in relevant field
  • Highest actuarial accreditation in country of study (ie Fellowship in a US actuarial society)
  • Significant (10+) years of experience in actuarial field
  • Solid (5+) years of experience in health insurance
  • Significant (5+) experience managing staff
  • Strong knowledge of relevant accounting standards and regulations pertaining to insurance
  • Knowledge of statistics, actuarial calculations and health care
  • Strong knowledge of Microsoft Office Suite, Excel, Access, Word and SQL at an advanced level
  • Significant Data Management Skills
  • Solid experience with financial data modelling
  • Strong analytical and creative problem solving skills
  • Excellent leadership, communication, interpersonal, and organizational skills
  • Ability to manage multiple projects and prioritize tasks, coordinate and meet various deadlines
  • Ability to maintain confidentiality and integrity
  • Demonstrate initiative, flexibility and ability to drive and embrace change


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