Job Description:
Treasury Dealer
Competitive salary + excellent benefits including up to 10% bonus
London
Hybrid working – 1-2 days per week in the office
Permanent
Full-time, 35 hours per week
We make health happen
At Bupa, we’re here to help people live longer, healthier, happier lives – and make a better world. With no shareholders, our customers are at the heart of everything we do. That means we invest in what matters most: our people, our technology, and our purpose.
As a Treasury Dealer at Bupa, you’ll play a key role in managing our financial health. You’ll be part of the Group Treasury team, helping us make smart decisions about investments, foreign exchange, and liquidity. With over £6.8bn in cash and financial instruments and £1.8bn in borrowing, your work will have real impact — both internally at board level and externally with analysts and regulators.
This is a great opportunity to join a high-performing team that’s central to Bupa’s financial strategy. You’ll work in a collaborative, fast-paced environment where your insights and expertise will help shape the future of our business.
How you’ll help us make health happen
1. Execute day-to-day treasury operations including FX trades, fixed deposits, CDs, and other short-term instruments.
2. Manage short-term liquidity for key business units, ensuring alignment with internal investment agreements.
3. Prepare cash flow forecasts and variance analysis to support financial planning.
4. Support daily cash management and settlement processes.
5. Assist in executing group-wide FX and investment strategies, including hedging and M&A-related flows.
6. Collaborate with Accounting and FP&A teams to ensure accurate cash reporting.
7. Maintain and improve Front Office controls, systems, and processes.
8. Ensure compliance with PRA/FCA and other regulatory requirements.
9. Review new investment opportunities with banks and brokers.
10. Administer intercompany loans, including interest calculations and settlements.
11. Advise UK and overseas units on cash management, funding, and FX.
12. Support treasury-related projects including ESG, investment policy, and M&A.
13. Build and maintain strong relationships with bank and broker contacts.
What you'll bring
14. Professional qualification in ACA, CIMA/ACCA and/or ACT/MCT (or willingness to complete ACT).
15. Experience in a Front Office treasury role within a large, multinational company.
16. Insurance regulatory experience is preferred.
17. Strong understanding of financial instruments in cash and FX markets.
18. Familiarity with treasury systems (e.g., Reval (preferred)/ Bloomberg).
19. Knowledge of compliance frameworks such as Solvency II.
20. Analytical mindset with attention to detail.
21. Excellent stakeholder management across finance, legal, actuarial, and market units.
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:
22. 25 days holiday, increasing through length of service, with option to buy or sell
23. Bupa health insurance for you and your family
24. Access to our wellbeing programmes and mental health support
25. Bonus scheme
26. Enhanced parental leave
27. Pension scheme
28. Discounts on Bupa products and services
29. Opportunities for career development and internal mobility
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.