He was educated at Marlborough College, an independent school in Marlborough, Wiltshire. He graduated Bachelor of Arts (Bachelor) in 1981. He undertook post-graduate study in Broadcast Journalism at Falmouth University and graduated Master of Arts (Master of Arts).
He is the Health Editor for British Broadcasting Corporation News. He went on to study Philosophy, Politics, and Economics at Christ Church, Oxford. A financial and political journalist Pym has been one of the leading commentators on the banking crisis and the United Kingdom economic recession.
He now works for the British Broadcasting Corporation. Pym was a British Broadcasting Corporation radio journalist from 1986 to 1987, then producer of Business Daily at Channel 4, 1987–1988, correspondent with ITN, 1988–1998, and a freelance broadcaster with Sky Television in 1999-2000.
He was a British Broadcasting Corporation special correspondent covering Economics until 2008, when he took on the role of acting Economics Editor during the maternity leave of Stephanie Flanders. Following her return, he became the British Broadcasting Corporation"s Chief Economics Correspondent, a newly created role.
When she left the British Broadcasting Corporation in late 2013 he took over again as Acting Editor. In March 2014 he was appointed as Health Editor.
Pym has published four books: What Happened? And Other Questions About the Cr Crunch (co-author with Nick Kochan), A Study Of Gordon Brown"s First Year in Office as Chancellor of the Exchequer (also co-written with Nick Kochan).
In the 2001 General election Pym stood as Liberal Democrat parliamentary candidate in the North Wiltshire constituency. His latest book is Inside the Banking Crisis (published by Bloomsbury 2014).