Head of Prudential Risk

Get AI-powered advice on this job and more exclusive features.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 ResponsibilitiesLead 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 functionsDevelop and promote financial and insurance elements of the RMFOversee 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-makingStress and scenario testing, pricing, and commercial oversightWhat We’re Looking ForQualified Actuary with significant post-qualification experience in Healthcare, Life Insurance, or General Insurance.Excellent Solvency 2 / Prudential risk & regulatory knowledgeSignificant experience in financial services at a senior levelProven track record in managing financial and insurance risk and controlExcellent 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.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:Generous pension allowance (contributory)Family Health InsuranceLife Insurance25 days annual leave (option to buy / sell 5 days a year)Why BupaWe’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.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.comSeniority levelSeniority levelMid-Senior levelEmployment typeEmployment typeFull-timeJob functionJob functionFinanceIndustriesInsuranceReferrals increase your chances of interviewing at Bupa by 2xSign in to set job alerts for “Head of Risk” roles.London, England, United Kingdom 2 months agoCity Of London, England, United Kingdom £140,000.00-£150,000.00 2 weeks agoLondon, England, United Kingdom 4 weeks agoLondon, England, United Kingdom 1 month agoNon-Financial Risk Director (Asset Management Trading Systems)London, England, United Kingdom 2 weeks agoHead of Risk & Compliance (FinTech, EMI)London, England, United Kingdom 3 weeks agoLondon, England, United Kingdom 2 weeks agoLondon, England, United Kingdom 2 weeks agoLondon, England, United Kingdom 2 weeks agoLondon, England, United Kingdom 1 week agoHead of Operational Risk – Wealth ManagementGreater London, England, United Kingdom 4 hours agoHead of Non Financial Risk - Business FinanceLondon, England, United Kingdom 1 week agoLondon, England, United Kingdom 3 days agoLondon, England, United Kingdom 1 week agoLondon, England, United Kingdom 1 week agoHead of Product Risk and Compliance, Latin America, Middle East and AfricaLondon, England, United Kingdom 2 weeks agoSenior Director of Governance, Risk, Compliance & PrivacyLondon, England, United Kingdom 1 week agoHead of Credit Risk - Mortgages/Property FinanceLondon, England, United Kingdom 1 week agoLondon, England, United Kingdom 4 months agoLondon, England, United Kingdom 2 weeks agoWe’re unlocking community knowledge in a new way. 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