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For Companies At a Glance
- Tasks: Dive into the actuarial world with a 12-month hands-on placement across various functions.
- Company: Join Bupa, a leading healthcare group dedicated to wellbeing and customer care.
- Benefits: Enjoy competitive salary, discounted gym memberships, and flexible working options.
- Why this job: Kickstart your actuarial career while making a real impact on people's health.
- Qualifications: Must be a penultimate-year student in a numerical degree with strong analytical skills.
- Other info: Gain valuable insights, network with professionals, and fast-track to our graduate scheme.
Overview
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. During the 12-month placement, you\’ll complete a rotation in one of our actuarial functions, which may include: Pricing, Reserving, Regulatory Reporting, Claims Analytics, Group Actuarial. No two days are the same, and you will experience a balanced mix of challenges, mutual support and accelerated skills development through our development programme. You will shadow senior colleagues to gain valuable insight and enhance your network. At the end of a successful placement, there is potential to be fast-tracked for a place on our graduate scheme.
Responsibilities
Gain a deep and valuable insight into the actuarial world through a 12-month undergraduate industrial placement. Work across actuarial functions as part of a structured rotation, with opportunities for development and networking.
What we\’re looking for / Qualifications
- 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, Computer Science, Physics 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 in Maths (or equivalent)
Skills and Knowledge
- Curious and inquisitive, challenging the status quo, flexible and adaptable and tenacious and resilient
- An interest in developing deep analysis of large data sets by leveraging tools such as AI and coding
- 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
We\’re known as a leading healthcare group focused on wellbeing. We have 60 million customers worldwide and reinvest profits to provide better healthcare for current and future customers. We are driven by our purpose: helping people live longer, healthier, happier lives and making a better world. If you are looking to start your actuarial career and can bring the skills we seek, we can help you build your career and you can help us make health happen.
Gain a deep and valuable insight into the actuarial world after your second year at university and start your future career with our 12-month undergraduate industrial placement. We specialise in wellbeing and healthcare; alongside an attractive starting salary you will have access to a range of benefits, including discounted gym memberships, online classes to support wellbeing, and our Personal Energy programme with a network of mental health first aiders. At Bupa, your wellbeing is a priority. Flexible working is built into our culture to support work-life balance.
Why Bupa? We are a health insurer and provider with no shareholders, focusing on our customers. We champion diversity and encourage applications from people with diverse backgrounds and experiences. Bupa is a Level 2 Disability Confident Employer and offers reasonable adjustments to candidates who may benefit from accommodations during recruitment.
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Actuarial Placement Student employer: Bupa
Contact Detail:
Bupa Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Placement Student
✨Tip Number 1
Network like a pro! Reach out to current or past placement students and professionals in the actuarial field. They can offer insights and might even give you a heads-up about opportunities that aren't widely advertised.
✨Tip Number 2
Prepare for interviews by practising common actuarial questions and scenarios. Use mock interviews with friends or career services to build your confidence and get feedback on your responses.
✨Tip Number 3
Show off your analytical skills! During interviews, be ready to discuss how you've tackled complex problems in your studies or projects. Highlight any experience with data analysis tools or coding that relates to the role.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at Bupa.
We think you need these skills to ace Actuarial Placement Student
Some tips for your application 🫡
Show Your Passion for Actuarial Science: Make sure to express your genuine interest in the actuarial field. We want to see that you’re not just applying for any placement, but that you’re excited about the opportunities in Pricing, Reserving, and more!
Tailor Your CV and Cover Letter: Don’t just send a generic CV! We recommend customising your application to highlight relevant skills and experiences that align with the job description. This shows us you’ve done your homework and are serious about joining our team.
Highlight Your Analytical Skills: Since we’re looking for someone who can dive deep into data, make sure to showcase any experience you have with data analysis or coding. Whether it’s a project from uni or a personal endeavour, let us know how you’ve tackled data challenges!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!
How to prepare for a job interview at Bupa
✨Know Your Numbers
As an actuarial placement student, you'll be dealing with a lot of data. Brush up on your numerical skills and be prepared to discuss how you've used data analysis in your studies or projects. Show them you're not just good with numbers, but that you can also interpret what they mean in a real-world context.
✨Show Your Curiosity
Bupa is looking for someone who is curious and inquisitive. Prepare some thoughtful questions about the company and the role. This shows that you're genuinely interested in the position and eager to learn more about the actuarial functions they'll expose you to during the placement.
✨Demonstrate Team Spirit
Collaboration is key in this role. Think of examples from your past experiences where you've worked effectively in a team. Be ready to share how you contributed to group success and how you handle challenges within a team setting. They want to see that you can work well with others!
✨Emphasise Your Problem-Solving Skills
Actuarial work often involves tackling complex problems. Prepare to discuss specific instances where you've faced a challenge and how you approached solving it. Highlight your analytical skills and your ability to think critically, as these are essential traits for the role.
