Team – Actuarial - Health
Working Pattern - Hybrid – 2 days per week in the Vitality Bournemouth or London Office. Full time, 37.5 hours per week.
We are happy to discuss flexible working!
Top 3 skills needed for this role:
- Advanced analytical and actuarial modelling expertise
- Strong data manipulation and dashboard‑building skills
- Effective stakeholder communication skills
What this role is all about:
As an Actuarial Manager in our Health Actuarial Reporting team, you’ll play a pivotal role in shaping strategic decisions across Vitality Health. You’ll dive into actuarial experience, emerging trends and the drivers of profitability to uncover insights that truly influence the direction of the business. Working closely with pricing, reporting, and clinical analytics teams, you’ll provide actionable insights into profitability and take ownership of evolving our business planning process to support smarter, data-driven decisions.
Key Actions
Profitability Analytics:
- Own and develop the Business planning modelling and projections to support the businesses strategic aims.
- Use your insight to recommend assumptions to management for use in Business planning and scenario modelling, and drive alignment in understanding between Actuarial, Pricing and Clinical Risk intelligence.
- Carry out detailed investigations into trends and experience whilst working with peers.
- Build and manage insightful analytics dashboards to support decision making which is customer focussed and provides early warning indications of trends.
- Continual enhancement of existing processes and insights in a well-controlled environment. Ensure strong governance is implemented throughout all processes in the team.
Fair Value insights, assessment and monitoring:
- Use complex data extraction skills to build data sets to drive detailed discussions of, and insights in to, fair value.
- Support management and the Executive to fully understand how products are delivering fair value outcomes by providing insightful input and commentary on Fair Value assessments and monitoring.
- Champion the management and enhancement of products for in-force customers, ensuring access to product services, features and flexibility to meet their needs and long-term continued value.
- Drive the production and delivery of more frequent fair value monitoring and reporting, effectively communicating areas of risk to stakeholders.
What do you need to thrive?
- Associate or Fellow of the Institute and Faculty of Actuaries or equivalent
- MS Office skills: Excel advanced, Word/PowerPoint intermediate.
- Detailed SQL, Power BI, and other dashboard building skills to support the insights of senior managers in the business.
- Confident and competent interaction with stakeholders across the business.
So, what’s in it for you?
- Bonus Schemes – A bonus that regularly rewards you for your performance
- A pension of up to 12%– We will match your contributions up to 6% of your salary
- Our award-winning Vitality health insurance – With its own set of rewards and benefits
- Life Assurance – Four times annual salary
These are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!
If you are successful in your application and join us at Vitality, this is our promise to you, we will:
- Help you to be the healthiest you’ve ever been.
- Create an environment that embraces you as you are and enables you to be your best self.
- Give you flexibility on how, where and when you work.
- Help you advance your career by playing you to your strengths.
- Give you a voice to help our business grow and make Vitality a great place to be.
- Give you the space to try, fail and learn.
- Provide a healthy balance of challenge and support.
- Recognise and reward you with a competitive salary and amazing benefits.
- Be there for you when you need us.
- Provide opportunities for you to be a force for good in society.
We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.