The role will be responsible for the end‑to‑end pricing of the individual health insurance portfolio. Working closely with underwriting, product and sales, and advising the insurance leadership team on actuarial pricing matters. This role will play a key part in shaping the business and driving profitable growth.
Responsibilities
Responsible for Individual Pricing: Responsible for the end-to-end pricing of the individual portfolio, ensuring pricing decisions align with financial targets, risk appetite and long-term business objectives.
Maintaining Pricing Frameworks: Develop and maintain the pricing framework to support disciplined pricing decisions, achieve financial targets, and ensure fair customer outcomes.
Leading the Annual Rate Review: Lead the annual rate review, run pricing models, review key assumptions, and provide clear pricing recommendations to the insurance leadership team.
Partnering With Stakeholders: Partner closely with the underwriting, product and sales teams to influence commercial strategy, balancing risk appetite, market dynamics and growth opportunities.
Performing Portfolio Analysis: Perform deep dive analysis of member, policy and claims data to identify trends and key drivers of portfolio performance.
Driving Profitable Growth: Data‑led pricing decisions that consider new business volumes, retention and claims experience to balance profitability with long‑term growth.
Leading a High-Performing Team: Manage and mentor a team of 2–3 actuarial analysts, setting clear objectives, fostering technical excellence and developing our future leaders.
Building Capability: Champion best practice in pricing methodologies, analytics and modelling. Driving continuous improvement and automation across pricing processes.
Pricing Governance & Controls: Maintain robust pricing governance, controls, and documentation to ensure transparency and auditability.
Advising Insurance Leadership Team: Act as trusted advisor to the insurance leadership team, translating complex analytical work into clear, concise and commercially focused insights to support effective decision making.
Qualifications, Training and Experience
Degree holder in actuarial science, statistics or related discipline.
Fellow member of internationally recognised actuarial body.
10+ years of experience in pricing in insurance industry, ideally in individual medical insurance business.
Strong leadership and analytical skills.
Highest levels of integrity and trust.
Fluent in Cantonese and English.
Benefits
Bupa offers 5 days’ work per week and comprehensive remuneration packages including base salary, study assistance plan, company pension plan, life and medical benefit, dental benefit, annual leave, examination leave, etc.
Equal Opportunity Statement
Bupa is an equal opportunity employer and welcomes applications from qualified candidates. Information provided will be treated in strict confidence and only be used for consideration of application with Bupa. Personal data collected will be used for recruitment purposes only. Bupa will be in touch for any opportunities that matches your profile. All personal data of unsuccessful application will be destroyed 24 months from the date of receiving the application. Full version of Data Privacy Notice available upon request.
