Actuarial Student Placement
Start Date: 5th September 2022
Full time, 35 Hours per week
Location: London, Manchester and Staines
£20,000 – £25,000 dependent on location + fantastic benefits
About us:
We’re a big organisation, but our purpose is simple, helping people live longer, healthier, happier lives and making a better world. We do this by providing a broad range of healthcare services, support and advice to people throughout their lives. At Bupa, we have no shareholders. Our priority is our customers and you.
We believe that our healthcare should be accessible to all – for now and in the future. We do this by reinvesting our profits into better healthcare and letting our people have the freedom and support to have a purpose-driven career, whatever path they choose.
Made up of a mixture of Actuaries, trainees and analysts our Actuarial teams work with £1.6bn claims spend on health insurance each year across different areas. So, whether its defining pricing strategy, assessing new ways to serve our customers or keeping Bupa financially sound our Actuarial team sits right at the heart of our business.
The role:
Whether you know what you want to do in the future or are still working that out we believe it’s important to try it for yourself. That’s why over the course of your 12 month placement you’ll gain a deep and valuable insight into the Actuarial world following your second year at University, equipping you with knowledge, skills and experience needed to start shaping your future career.
During your placement you’ll focus on one particular function within our Actuarial teams, getting to know the in’s and out’s of how the team operates and how they work together to drive our business forward. The functions on offer may include:
- Pricing
- Reserving
- Regulatory Reporting
- Claims Analytics
No two days will be the same during your placement. You’ll be challenged, tested and supported by your team to step out of your comfort zone and try new things. You’ll also have the opportunity to meet and shadow senior colleagues within the business, gaining valuable insights from them whilst building your network.
At the end of your placement there’s also potential to be fast tracked for a place on our Graduate scheme after your final year at university.
Who we’re looking for?
Do you think about helping people live longer, healthier, happier lives and making a better world? Bupa does, and not only for its customers, but for all its employees. As a global healthcare company, everything we do is driven by our purpose. If you share our ambition and you’re equally as passionate about our values and putting customers front and centre, then Bupa is the place to start your Actuarial career.
Eligibility:
- Must have the right to work in the UK
- Current undergraduate student in your penultimate year of your degree
- Numerical based degree, such as (but not limited to) Actuarial Science, Mathematics, Statistics, Engineering or Economics.
- Be on track to achieve at least a 2.1 in your degree
- Have achieved an ABB at A-Level or equivalent, with a minimum grade A in A-Level Maths (or equivalent).
Essential skills:
- Curious and inquisitive, challenging the status quo, flexible and adaptable and tenacious and resilient
- Effective self-organisation and ability to plan ahead, to complete tasks to deadlines.
- Positive, can-do attitude, pro-active and take the initiative.
- Good problem-solving and analytical skills.
- Team player, able to work collaboratively with others and influence.
- Strong self-awareness with a drive and commitment to own development
- Able to take a commercial approach
- Excellent written and interpersonal communication skills.
The application process:
You’ll need to complete a short online application and fill in some basic details alongside uploading a copy of your CV. Once you’ve submitted your application we’ll review and, if successful we’ll invite you to the next stage of the process which will be some online ability assessments. Following the online assessments, we’ll conduct another review and invite successful candidates along to a virtual interview with our recruiters. The final stage of the process would be an assessment day, which is likely to be virtual.
What our current placement students say:
As my year with Bupa comes to an end, I have taken some time to reflect on all the great things I have achieved in the last 12 months. My placement has provided me with a huge variety of new challenges and opportunities that have given me all the skills I need to kickstart my career. The range of brilliant experiences I’ve had in the past year combined with Bupa’s commitment to keep adapting and taking on new challenges has meant I am really excited to be coming back as a Graduate in a years’ time.
Henry, 2020-2021 Placement Student
Diversity and Inclusion
Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly regardless of disability or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.
Whether you’ve found your feet or are discovering a new path.
Welcome to a place that celebrates you.
This isn’t where you’ve been.
This is where you’re going.
This is what we have belief in.