R&D Actuarial Analyst

R&D Actuarial Analyst

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
Limelight Health

At a Glance

  • Tasks: Support research and product development for our health and wellbeing programme.
  • Company: Join a dynamic team at Vitality, focused on wellness and innovation.
  • Benefits: Enjoy a competitive salary, bonus schemes, and up to 12% pension contributions.
  • Other info: Flexible hybrid working and excellent career growth opportunities.
  • Why this job: Make a real impact by turning data into wellness-focused products.
  • Qualifications: Part-qualified actuary with SQL experience and strong analytical skills.

The predicted salary is between 40000 - 50000 £ per year.

Team – Enterprise R&D

Working Pattern – Hybrid – 2 days per week in the Vitality London Office. Full time, 37.5 hours per week. We are happy to discuss flexible working!

Top 3 Skills Needed For This Role:

  • Demonstrated data‑driven insight
  • Excellent written and verbal communication skills
  • Product and behavioural thinking experience

What this role is all about:

The role will support research, idea generation and product development across the Vitality Programme, our health and wellbeing behaviour change programme. In this role, you’ll use analytical thinking and creativity to develop new products from concept to implementation. You’ll turn data on member behaviour, engagement and performance into impactful, wellness‑focused propositions. Working with digital product and marketing teams, you’ll help bring ideas to life for our members. This role suits a well‑rounded actuarial analyst who is curious about behaviour, passionate about wellness, confident with stakeholders and motivated by seeing their analysis drive real outcomes.

Key Actions:

  • Analyse member behaviour, engagement and programme performance to inform product and proposition decisions
  • Extract and analyse data from multiple sources using SQL
  • Support pricing, evaluation and impact assessment of Vitality products and benefits
  • Apply actuarial techniques to assess impacts on mortality, morbidity and persistency
  • Translate analysis into clear insights and product ideas
  • Produce and present high‑quality materials for technical and non‑technical stakeholders
  • Build business cases, product specifications and monitoring frameworks
  • Conduct research into wellness, behaviour change and competitors
  • Collaborate cross‑functionally with product, digital, marketing, data science and clinical teams
  • Contribute across the end‑to‑end product lifecycle from concept to implementation, including specification and delivery
  • Support development of new ideas and propositions aligned to business strategy

What do you need to thrive?

  • Part‑qualified actuary with strong progress through professional exams
  • Proven experience using SQL to extract, manipulate and analyse complex datasets
  • Strong analytical and problem‑solving skills, with the ability to translate data into actionable insights
  • Experience supporting pricing, product evaluation or actuarial analysis
  • Understanding of key actuarial concepts including mortality, morbidity and persistency
  • Ability to communicate clearly with both technical and non‑technical audiences
  • Strong collaborative mindset, with experience working cross‑functionally with product, digital or marketing teams
  • Curiosity, initiative and a drive to see analysis translated into real product outcomes
  • Experience with Python or R for data analysis

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

R&D Actuarial Analyst employer: Limelight Health

At Vitality, we pride ourselves on being an exceptional employer that fosters a culture of innovation and collaboration. Our hybrid working model allows for flexibility while you contribute to meaningful health and wellbeing initiatives, supported by comprehensive benefits including a generous pension scheme and award-winning health insurance. Join us in our London office, where your analytical skills will not only drive product development but also make a tangible impact on the lives of our members.

Limelight Health

Contact Details:

Limelight Health Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land R&D Actuarial Analyst

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Limelight Health). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Limelight Health. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace R&D Actuarial Analyst

Data-Driven Insight
Excellent Written Communication Skills
Excellent Verbal Communication Skills
Product and Behavioural Thinking
Analytical Thinking
Creativity
SQL

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Limelight Health.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Limelight Health. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Limelight Health

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Limelight Health to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Limelight Health, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Limelight Health's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.