Financial Reporting Risk Manager

Bupa; United States; Remote; USD 78,000 - 100,000; Full time

Benefits offered by this job

25 days holiday

Health insurance

Enhanced pension

Onsite gyms

Job summary

Bupa is seeking a seasoned professional to join the Prudential Risk team. You will oversee financial reporting, risk management, and governance across UK-regulated entities and global operations, supporting the Head of Prudential Risk with regulatory interpretations and reporting.

The role emphasizes collaboration with Finance and Actuarial teams and requires a qualified accountant or actuary with insurance experience.

Qualifications

• Qualified accountant or actuary with insurance experience is essential.
• Deep understanding of financial reporting and regulatory frameworks (IFRS 17, Solvency II).
• Experience in audit or risk management within an insurance business or consultancy environment.
• Strong analytical ability to interpret complex information and identify actions.
• Commercial mindset with strong judgement and stakeholder management skills.
• Confident communicator who can influence and motivate others.

Responsibilities

• Oversee financial reporting, solvency, capital, liquidity, stress testing and insurance risk activities across UK and global entities.
• Provide guidance on risk management best practices, including Model Risk.
• Support Head of Prudential Risk with interpretation of PRA/IFRS rules and reporting such as SFCR, ORSA and AFH.

Skills

Risk management

Financial reporting

Stakeholder management

Communication

Education

Qualified accountant or actuary

Job description

Working in our UK support functions you'll play a key part in helping our customer facing colleagues deliver exceptional standards of customer service and patient care. No matter your role, you'll have an opportunity to do work that matters. Making a difference to the lives of our customers each and every day. This role sits within our Financial & Insurance Risk team and supports the Head of Prudential Risk. You'll be part of a team that provides oversight and challenge across Bupa's UK-regulated insurance entities and global trading operations. It's a chance to make a real impact on how we manage financial and insurance risk, ensuring we operate within our risk appetite and regulatory expectations. You'll work closely with Finance and Actuarial teams, helping to shape our risk frameworks and support decision-making at the highest levels. This role provides you a real opportunity to contribute to the business and be valued. How you'll help us make health happen

• Support and challenge management through oversight of all areas of our financial reporting, solvency, capital, liquidity, stress testing and insurance risk activities across Bupa's UK and global insurance entities.
• Provide advice and guidance to Finance and Actuarial teams on risk management best practice, including around Model Risk.
• Support the Head of Prudential Risk directly in providing technical interpretation of PRA/ IFRS rules and guidance. As well as supporting 1st line with challenge, review and insight in the construction of the SFCR, Report & Accounts, ORSA and AFH reports. Including annual, half year and quarter end Economic Capital and Solvency II submissions.
• Develop and promote financial and insurance elements of the Risk Management Framework (RMF).
• Facilitate and support 1st and 2nd line risk management activities including RCSA, emerging risks, and incident analysis.
• Deliver deep-dive assurance activities over strategic priorities and initiatives, specifically around financial reporting.
• Promote a culture of good customer and regulatory outcomes.
• Foster a positive culture of confident and informed risk-taking through training, communication and promotion of the agreed risk framework.
• Build strong relationships, and partnerships, across Finance, Actuarial and Risk team.
  A qualified accountant or actuary (essential) with experience in insurance essential, and health insurance beneficial.
• A deep understanding of financial reporting and regulatory frameworks including IFRS 17 and Solvency II.
• Experienced in audit or risk management within an insurance business (1st, 2nd or 3rd line) or consultancy/accountancy environment.
• Skilled in analysing complex information quickly and identifying key actions
• Commercially minded with strong judgement and stakeholder management skills
• A confident communicator who can influence and motivate others
• Experienced in governance, oversight and controls
• Committed to delivering good customer and regulatory outcomes
• Able to foster a culture of continuous improvement and collaboration
  Salary £58,200 - £75,000 per annum dependent upon experience and location

Fantastic benefits including generous pension, healthcare and 10% Management Bonus Scheme Full-time 37.5 Hours per week, 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:

• 25 days holiday, increasing through length of service, with option to buy or sell
• Bupa health insurance as a benefit in kind
• An enhanced pension plan and life insurance
• Onsite gyms or local discounts where no onsite gym available
• Various other benefits and online discounts

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 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 takes pride in being a Level 2 Disability Confident Employer and will aim to offer an interview/assessment to disabled applicants who best meet the minimum criteria for the role. We're committed to ensuring you're treated fairly during the recruitment process and offer reasonable adjustments to anyone who may benefit from accommodations to the recruitment process.

Time Type: Full time Job Area: Finance & Accounting