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Senior Actuary - Performance

Sydney, Australia

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Posted 01/04/2025 Job Number 48407 Work type Permanent - Full Time Posting End Date 18/04/2025

The opportunity:

Be at the heart of our mission to become the world's most customer centric Healthcare company!


Are you passionate about data analysis and risk management? Do you thrive on optimising portfolios to achieve the best outcomes? This Senior Actuary/Actuary role will be responsible for providing profitability analysis insights for both the domestic and international portfolio, identifying claim drivers and projecting product performance, and pricing new products and benefit changes.

How will I help?

  • Lead forecasting of product profitability for performance management
  • To identify and leverage potential insights and opportunities to improve and optimise the performance and margin of existing products and portfolios
  • To act as subject matter expert and provide guidance to the business in interpretation of model results
  • Active contributor and member of the Profitability Monitoring Group
  • Close business partner with Product team and Health Claims Management team
  • Active contributor to the annual premium application process
  • Assisting with Post Implementation Reviews of past product changes
  • To prepare or assist with the preparation of Actuarial Advice as required under the Actuarial Advice Framework to the business or Board.

Why work at Bupa?

We keep our people smiling by helping them improve their lives in and outside of the office. 

We’re a welcoming lot, no matter who you are or where you’ve come from. We welcome all talents and backgrounds and embrace our differences, so you can bring your true self to work.

We support our people to be the best version of themselves, physically and mentally. With a healthy work/life balance, leadership support, reduced private health cover, study leave, volunteering options and a commitment to promoting from within.

Our employees can access wide range of benefits: from our own products (incl. health insurance discounts) to many other products and services via our partnerships program (like Apple, Samsung, JB Hi-Fi, plus gym and spa discounts to name a few). We reward our people and celebrate their success, provide initiatives that develop careers and look after our people’s health, wellbeing, and futures.

What do I need?

  • More than 2 years of post-qualification (FIAA) work experience
  • Fellow of Institute of Actuaries of Australia (FIAA)
  • Actuarial experience with a large Australian health insurer is desirable 
  • Strong report writing and communication skills
  • Have a proven track record of being able to work with non-actuaries and with different levels of management.

About Bupa Asia Pacific:

Bupa is an international healthcare group which has been committed to a purpose of helping people live longer, healthier, happier lives and making a better world for more than 70 years.

Bupa Asia Pacific operates in Australia, New Zealand and Hong Kong, supporting about 6.5 million customers through a broad range of health and care services including health insurance, aged care, dental, medical, optical and hearing services. Employing more than 20,000 people in the region, we believe that we can make a real difference to the lives of customers through our values, purpose and the way that we deliver personalised care.

At Bupa, we are striving to create and sustain a safe and inclusive workplace. We welcome applicants from all cultural backgrounds, genders, and abilities. If you require any adjustments to participate in our recruitment process, please let us know at the time of your application.

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