Job Description:
Head of Pricing Risk
Competitive Salary, Bonus & Benefits
London / Hybrid working
Permanent / 37.5 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 can focus on what really matters: delivering high-quality care and creating positive outcomes.
As our Head of Pricing Risk, you’ll play a vital role in making sure our pricing strategies are fair, responsible and aligned with our purpose. You’ll lead second line oversight across our full product range – from Consumer and Corporate to SME and Dental – helping us stay within our risk appetite while delivering great value to our customers.
This is a leadership role with real impact, offering the chance to shape pricing governance and influence decision-making at the highest level.
Key Responsibilities
1. Lead 2nd line oversight of pricing risk across Bupa’s UK insurance businesses
2. Deliver technical assurance reviews, risk opinions and business monitoring
3. Build strong partnerships with our Pricing, Actuarial and Commercial teams
4. Implement and maintain effective risk frameworks, ensuring pricing decisions align with regulatory requirements and customer fairness
5. Represent the Risk function in key forums and committees, providing expert challenge and insight
6. Monitor regulatory developments and assess their impact on pricing strategies
7. Support audit and incident management processes
What We’re Looking For
8. Senior Actuary with significant pricing experience within Healthcare Insurance or General Insurance
9. Strong understanding of financial, insurance, operational and conduct risk
10. Experience designing and implementing governance frameworks
11. Knowledge of FCA, PRA and wider regulatory environments
12. Excellent stakeholder management and communication skills
13. A collaborative, solutions-focused mindset
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’ll receive the following benefits and more:
14. Management Bonus Scheme
15. Car allowance (paid as cash)
16. Private Medical Insurance – Family cover
17. Enhanced pension and life insurance
18. 25 days annual leave, increasing through length of service
19. Discounts on Bupa products and services
20. Free health check-up at Bupa health centre
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.