R&R Lead Actuary
Job Description:

WHAT WE’RE LOOKING FOR

We’re looking for someone who combines deep technical expertise with strong leadership and communication skills. You’ll need to be:

• A qualified actuary with at least 10 years of post-qualification experience.
• A member of the Institute and Faculty of Actuaries (or equivalent).
• Experienced in Solvency II, IFRS17, and capital modelling - ideally within health, life, or general insurance.
• Skilled in stakeholder management, with the ability to influence at all levels.
• Commercially aware, with a strong understanding of risk, regulation, and business strategy.
• A confident communicator who can explain complex ideas clearly and simply.
• A collaborative leader who supports others and helps teams thrive.
• Adaptable and proactive, with a track record of delivering results in fast-paced environments.
• Experience with vendor reserving software and working in multinational or complex organisations is a plus.

KEY RESPONSIBILITIES

As Head of Actuarial Reporting & Capital , you’ll:

• Lead the delivery of Solvency II and IFRS17 technical provisions for BINS and the Bupa Global Insurance UK (BGIUK) Market Unit.
• Set and maintain methodologies, processes, and controls for actuarial reporting, including risk margin, best estimate assumptions, and data validation.
• Oversee the calculation and monitoring of regulatory capital requirements, including the Standard Formula and Economic Capital Model.
• Provide actuarial insights and reports to senior stakeholders, including Board Committees and the Group Actuarial team.
• Review and consolidate regulatory submissions and internal reporting, ensuring accuracy and compliance.
• Support the Chief Actuary in forming opinions and deputise in key governance forums when needed.
• Build strong relationships across actuarial, finance, and commercial teams to ensure alignment and data integrity.
• Mentor and support junior team members, helping to build a high-performing and inclusive actuarial community.

Joining Bupa in this role, you’ll receive the following benefits and more:

• 25 days holiday, increasing through length of service, with option to buy or sell
• Enhanced pension contributions
• Private medical insurance (Family cover)
• Target bonus of 25% based on individual and company performance
• Access to our Viva wellbeing programme
• Discounts on Bupa products and services
• Opportunities for career development and learnin