Head of Pricing Risk at Bupa

Job Description:

Head of Pricing Risk

Competitive Salary, Bonus & Benefits

London / Hybrid working

Permanent / 37.5 hours per week

Closing date - 30th September 2025

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

• Lead 2nd line oversight of pricing risk across Bupa’s UK insurance businesses

• Deliver technical assurance reviews, risk opinions and business monitoring

• Build strong partnerships with our Pricing, Actuarial and Commercial teams

• Implement and maintain effective risk frameworks, ensuring pricing decisions align with regulatory requirements and customer fairness

• Represent the Risk function in key forums and committees, providing expert challenge and insight

• Monitor regulatory developments and assess their impact on pricing strategies

• Support audit and incident management processes

What We’re Looking For

• Senior Actuary with significant pricing experience within Healthcare Insurance or General Insurance

• Strong understanding of financial, insurance, operational and conduct risk

• Experience designing and implementing governance frameworks

• Knowledge of FCA, PRA and wider regulatory environments

• Excellent stakeholder management and communication skills

• 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:
 

• Management Bonus Scheme

• Car allowance (paid as cash)

• Private Medical Insurance – Family cover

• Enhanced pension and life insurance

• 25 days annual leave, increasing through length of service

• Discounts on Bupa products and services

• 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.

We encourage all of our people to “Be you at Bupa”. We champion diversity and 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’re treated fairly and offer reasonable adjustments as part of our recruitment process to anyone who needs them.

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