Head of Prudential Risk

Job Description: Head of Prudential Risk Competitive Salary & bonus / benefits London / Hybrid Permanent 37.5 hours per week We make health happen At Bupa, our purpose is to help people live longer, healthier, happier lives and make a better world. As the Head of Prudential Risk, you will play a pivotal role in ensuring the oversight of solvency, capital, financial reporting, and financial risk management at Bupa Insurance Limited (BINS) level. You will provide leadership and direction to the Financial & Insurance Risk Management Team, ensuring that our financial and insurance risk management practices are robust and effective. This role is crucial to maintaining our high standards and supporting our mission to deliver excellent customer outcomes. Key Responsibilities Lead the development and implementation of the Risk Management Framework (RMF) for financial and insurance risk. Deliver 2nd line validation of numbers supplied for the Own Risk and Solvency Assessment (ORSA). Provide advice and guidance on risk management to Finance and Actuarial functions Oversee risk processes, Integrated Management System and SAI 360. Lead 'deep dive' assurance activities for material financial and insurance risks. Deliver regular financial and insurance risk reporting for Exec decision-making Stress and scenario testing, pricing, and commercial oversight What We’re Looking For Qualified Actuary with significant post-qualification experience in Life Insurance, General or Health Insurance Excellent Solvency 2 / Prudential risk & regulatory knowledge Significant experience in financial services at a senior level Proven track record in managing financial and insurance risk and control Excellent analytical skills with the ability to assess and mitigate risks effectively Strong communication and stakeholder management skills. Experience in leading and managing teams, with a focus on developing talent and promoting a positive culture Benefits 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% Management Bonus eligibility Car Allowance Generous pension allowance (contributory) Family Health Insurance Life Insurance 25 days annual leave (option to buy / sell 5 days a year) Corporate discounts (e.g. retail, travel, gym membership) 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 why we especially encourage applications from people with diverse backgrounds and experiences. Bupa is a Level 2 Disability Confident Employer. This means we aim to offer an interview/assessment to every disabled applicant who meets the minimum criteria for the role. We’ll make sure you are treated fairly and offer reasonable adjustments as part of our recruitment process to anyone that needs them. If you require information regarding this role in an alternative format, please email: careers@bupa.com Time Type: Full time Job Area: Legal, Risk & Audit Locations: Angel Court, London, Staines - Willow House Be at the heart of helping people live longer healthier, happier lives and making a better world. We employ more than 80,000 people globally who are making this a reality. If you've got the belief, the drive and the talent to help us in our ambition then we’d like to hear from you. Wherever you work, one thing stands out about Bupa people. Our customers are our passion – they’re at the heart of our positively different culture of care. At Bupa you’ll be challenged, you’ll be encouraged to innovate, and collaborate with colleagues who are committed to delivering exceptional experiences. We trust, respect and consider everyone, knowing your difference will make the difference. Please introduce yourself to our recruiters and we'll get in touch if there's a role that sounds like a good match.