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09 Dec 2022

Actuarial Undergraduate Placement Scheme  

London, Salford Quays (Manchester) and Staines  

£20,000 – £25,000 per year (dependent on location) + Fantastic Benefits  

Hybrid working options available  

1 Year Rotation – Full time 35 hours per week   

Start Date: September 2023  

Application Closing Date: 9th December 2022

We’re known as a leading healthcare group, but we’re so much more than that. We have 38 million customers worldwide, with no shareholders, so we can reinvest profits into providing more and better healthcare for the benefit of current and future customers. We’re focussed on our purpose – helping people live longer, healthier, happier lives and making a better world. So, if you’re looking to kick start your career and can bring us the skills we’re looking for, then we can help you develop at a company that truly has belief in you.

Gain a deep and valuable insight into the actuarial world after your second year at university and give a bright start to your future career with our 12-month undergraduate industrial placement.

Whether you know what you want to do in the future or are still working that out, we believe it’s really important to try it for yourself. That’s why over the course of the placement, you’ll complete a rotation in one of our actuarial functions, which may include:

  • Pricing
  • Reserving
  • Regulatory Reporting
  • Claims Analytics

No two days are the same during the 12-month placement. You’ll face a well-balanced mix of challenges, mutual support and accelerated skills development through our development programme. You’ll also shadow senior colleagues to gain valuable insight and enhance your network. At the end of a successful placement, there is the potential to be fast-tracked for a place on our graduate scheme.

What we’re looking for 

Do you want to make a difference to people’s lives? Bupa does, and not only for its customers, but for all its employees and everyone across the globe. As a global health and care company, everything we do is driven by our purpose. If you share our ambition and you’re equally as passionate about people, our values and putting customers first, then Bupa is the perfect place to start your Actuarial career.

Qualifications and Training   

  • 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 in A -Level Maths (or equivalent)

Skills and Knowledge  

  • 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

What else we offer you

We specialise in wellbeing. And healthcare is what we’re known for. It’s what makes Bupa, Bupa. Looking after our colleagues and their wellbeing is what we do best. So, alongside an attractive starting salary you’ll have access to a whole range of other benefits. From discounted gym memberships and online classes to support your physical wellbeing, right through to our Personal Energy programme and network of mental health first aiders. At Bupa your wellbeing is our priority. We’ve always had belief in our colleagues so flexible working is built into our culture. Giving our colleagues the trust to work in a way that suits them and the needs of the business, helping them maintain a great work life balance and we can do the same for you.

Our approach to Diversity & Inclusion  

Put simply, here you’ll be welcomed. We champion diversity and inclusion and understand the importance of our people representing the communities and customers we serve. In 2018 we launched our everyone’s welcome pledge, cementing our commitment to inclusion quite literally into the side of our building in Salford Quays. Since then, we’ve been ranked in the top 10 Inclusive employers in the UK twice by Inclusive Companies and regularly win awards for our commitment.

We believe in creating an inclusive environment where everyone can bring their true self to work every day. That’s why we launched our colleague network, Be You At Bupa, helping us all celebrate uniqueness of each and every one of our colleagues and the experiences they can bring. No matter our differences we believe everyone should be treated fairly, regardless of background, disability, or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

To apply, you’ll need an up-to-date CV and to complete our short application form question about your passion for Actuarial and motivation for Bupa. We’ll review your application and, if successful, you’ll be asked to complete some online ability tests that will form part of the application process.  If you’re successful at this stage, we’ll invite you to complete a video interview where you have a chance to tell us a bit more about yourself.  The final stage of our recruitment process will be an assessment day which is likely to take place virtually.

  • Job Type: Undergraduate Level
  • Number of Positions: 6
  • Location: London, Salford and Staines
  • Salary: £20,000 - £25,000
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