Actuarial Manager in London

Team - Actuarial Life

Working Pattern - Hybrid - 2 days per week in the Vitality London Office. Full time hours per week. We are happy to discuss flexible working!

We are looking for an Actuarial Manager to join the Life Valuations team, playing a key role in delivering high-quality financial reporting, valuation analysis and business insight. Working within Vitality Life's actuarial function, this position will be responsible for supporting critical reporting activities across IFRS and Embedded Value frameworks, providing robust analysis that helps shape business performance and strategic decision-making. The role offers the opportunity to apply advanced actuarial expertise, contribute to the development of valuation models and collaborate closely with stakeholders across the business within a growing and innovative life insurance environment.

• Lead the quarterly calculation and reconciliation of IFRS reserves, ensuring accurate and timely financial reporting across the business.
• Deliver Embedded Value reporting activities including the calculation of VIF and VNB to support financial performance assessment.
• Analyse movements in IFRS reserves and Embedded Value results, identifying key drivers and providing meaningful business insight.
• Perform IFRS and EV sensitivity testing to assess financial impacts and support informed decision making.
• Provide detailed P&L and balance sheet analysis, forecasting outcomes and highlighting trends affecting business performance.
• Produce margin build-up analysis and contribute actuarial expertise to the development of five-year budget projections.
• Prepare comprehensive reporting for Actuarial Committee meetings and present findings to support governance and oversight requirements.
• Build effective working relationships with auditors, providing robust analysis, explanations and supporting documentation throughout the audit process.
• Collaborate with stakeholders across the business, translating complex actuarial information into clear and actionable recommendations.

Strong experience delivering actuarial valuation and financial reporting within a life insurance environment. Advanced actuarial modelling capability including model development validation and assumption setting. Experience analysing financial results and communicating complex technical findings to stakeholders. Strong stakeholder management skills with experience supporting governance committees and audit requirements. High levels of analytical thinking judgement and problem-solving within complex business environments. Experience using Prophet and knowledge of SQL R Power BI or Embedded Value reporting would be advantageous.

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. Great career opportunities!

Help you to be the healthiest you've ever been. 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. Recognise and reward you with a competitive salary and amazing benefits.