Pricing Delivery Analyst

BUPA Global, Brighton and Hove

Pricing Delivery Analyst

£40000

BUPA Global, Brighton and Hove

  • Part time
  • Permanent
  • Remote working

Posted 3 days ago, 9 Oct | Get your application in today.

Closing date: Closing date not specified

job Ref: 155d1167b6be47e8890ff59fe3edaf16

Full Job Description

Working in our UK support functions you'll play a key part in helping our customer facing colleagues deliver exceptional standards of customer service and patient care. No matter your role, you'll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day. As our Pricing Delivery Analyst you'll play a pivotal role in generating pricing for our corporate clients. Here you'll be part of a dynamic team that's involved in high level corporate decision making. There's a great deal of variety in this role as no two days are the same with lots of project work to be involved in. You'll help us make health happen by:

  • Responsible for pricing the future-period subscriptions of each group within portfolios; incorporating the current portfolio of Renewal business as well as New Business opportunities.
  • An understanding of PMI and IPMI products and their risk characteristics.
  • Analyse and interpret historic claims experience to enable accurate forecasting of future claiming patterns, and any external information, which may impact on price.
  • Perform analysis to calculate group-specific loadings and discounts dependent upon a client's risk profile Interpret and understand changes to membership or benefit profiles that may influence future risk trends
  • Empowered to make commercial decisions within an agreed framework and adhere to the published commercial escalation process. Understanding the impact each decision has upon the continued financial health of each book.
  • Understand the strategic context underpinning each client and incorporate this thinking within pricing approach
  • Internally negotiate and justify pricing decisions to key stakeholders, including Account Managers, Commercial Managers, and the Pricing Governance Group
  • Maintain good relationships with internal and external customers, particularly Account Managers
  • Link to and maintain relationships with cross-functional internal functions involved in the wider process, including the Commercial Finance, Pricing Development and Sales
  • Enhance customer's understanding of pricing processes and methodologies
  • Maintain a thorough and succinct audit trail on decisions and reasoning for each price complete

    Graduate with background in Mathematics, Statistics, Operational research or similar
  • Experience of working with data analysis tools such as Excel, SAS, Power BI and similar
  • Experience of understanding and interpreting data and risk trends, ability to forecast changing trends at individual group level and to identify appropriate pricing solutions.
  • Proven success in communicating with and influencing internal and external stakeholders; experience owning relationships with stakeholders.
  • Capability to manage own time and workload.Strong interpersonal, and communication skills.
  • Objective, analytical and lateral thinking with a 'can-do' attitude with the ability to summarise and communicate complicated technical issues.
  • A proactive mindset, challenging requirements, seeing through from a customer angle and exploring new directions from results of analysis.
  • Ability to work with ambiguity and uncertainty - often driven by incomplete / uncertain data

    Our benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health - from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits.
  • Joining Bupa in this role you will receive the following benefits and more:
  • 25 days holiday, increasing through length of service, with option to buy or sell
  • Bupa health insurance as a benefit in kind
  • An enhanced pension plan and life insurance
  • Annual performance-based bonus
  • Onsite gyms or local discounts where no onsite gym available
  • Various other benefits and online discounts
  • Why Bupa? We're a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose - helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring and responsible in everything we do. We encourage all of our people to "Be you at Bupa", we champion diversity, and we understand the importance of our people representing the communities and customers we serve. That's why we especially encourage applications from people with diverse backgrounds and experiences. As a Disability Confident employer, we offer a guaranteed interview for every disabled applicant who meets the minimum criteria for the job. We'll make sure you are treated fairly and offer reasonable adjustments as part of our recruitment process to anyone that needs them. Time Type: Part time Job Area: Finance & Accounting Locations: Victory House, Brighton