At a Glance
- Tasks: Support actuarial reporting and modelling for life insurance, analysing data and providing insights.
- Company: Join Vitality, a multi-award-winning UK insurance brand focused on health and happiness.
- Benefits: Enjoy competitive salary, bonus schemes, health insurance, and a pension plan.
- Other info: Flexible working options and a commitment to diversity and inclusion.
- Why this job: Make a real impact in a collaborative environment while developing your actuarial expertise.
- Qualifications: Pursuing an actuarial qualification with a degree in Mathematics or Statistics.
The predicted salary is between 35000 - 42000 £ per year.
About The Role
Team: Actuarial-Life
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:
- Highly developed analytical and problem-solving capability with good attention to detail
- Expertise in actuarial modelling and data interpretation
- Strong understanding of fundamental actuarial principles and concepts, with a particular focus on life insurance
What this role is all about:
As part of the Life Actuarial team, the Actuarial Analyst plays a key role in supporting the delivery of actuarial reporting, modelling, capital management and experience analysis across Vitality's life insurance business. Working within a collaborative and highly analytical environment, this position offers exposure to IFRS17 valuations, Solvency II reporting, assumption setting and Prophet modelling, providing an excellent opportunity to develop actuarial expertise while contributing to business-critical decision making.
Key Actions:
- Support actuarial valuations and reporting across IFRS17, Solvency II and Embedded Value frameworks, helping to deliver accurate and timely financial and regulatory outputs
- Conduct regular experience analysis, including investigations into claims, lapses and other key drivers of business performance, providing insight to support assumption setting and business decision-making
- Develop, maintain and enhance actuarial models, while supporting model point creation, data preparation and validation activities across a range of reporting and analytical processes
- Prepare actuarial reports, management information and financial analysis, ensuring outputs are clearly documented, thoroughly reviewed and fit for stakeholder use
- Analyse and interpret complex datasets, carrying out reasonableness checks and identifying trends, anomalies and opportunities for improvement
- Collaborate with colleagues across the Life Actuarial team and wider business functions, communicating findings and supporting the successful delivery of actuarial and strategic projects
- Apply actuarial control cycle principles across data, modelling and reporting activities, maintaining high standards of governance, accuracy and professional practice
- Actively contribute to continuous improvement initiatives while developing technical expertise and progressing towards a professional actuarial qualification
What do you need to thrive?
- Working towards an actuarial qualification with membership of the Institute and Faculty of Actuaries or equivalent
- A degree in Mathematics, Statistics or a related numerical discipline
- Strong analytical and problem-solving skills, with the ability to interpret complex data and identify meaningful insights
- Good knowledge of Excel and confidence working with large datasets and actuarial calculations
- Effective communication skills, with the ability to present technical information clearly to a range of stakeholders
- A collaborative approach and the ability to build positive working relationships across teams
- Strong attention to detail and a commitment to producing accurate, high-quality work
- The ability to manage competing priorities and deliver to deadlines in a fast-paced environment
- A proactive mindset with a willingness to learn, develop new skills and contribute to continuous improvement initiatives
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:
- 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.
About The Company
We're incredibly proud to be recognised for the culture we've created, recently being named one of Glassdoor's Best Places to Work 2026, and in 2024 we were delighted to be awarded Top 10 Places to Work in the Sunday Times Awards.
Vitality is a multi-award-winning UK insurance brand, here to make the world a healthier, happier place. We've been a purpose and values-driven business from day 1 - long before it became fashionable. Our core purpose is to make people healthier and enhance and protect their lives. Vitality pioneered shared-value insurance. We incentivise people to live healthier longer lives - they benefit, our business benefits, and society benefits. We're successful because we attract, develop, and retain the best people and because we care.
Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.
Ready to find out if we're the right fit for you? We can't wait.
Diversity & Inclusion
At Vitality, we're committed to diversity and inclusion because it's good for our employees, for our business, and for society. We welcome applications from individuals of all backgrounds, experiences, and perspectives.
Vitality's approach to sustainability: Vitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page.
If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested, please submit your application as soon as possible.
Actuarial Analyst (Life Actuarial) employer: Vitality Corporate Services Limited
At Vitality Corporate Services Limited, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. As a leader in the insurance sector, we offer exceptional growth opportunities, competitive benefits, and a commitment to innovation, particularly in leveraging AI tools for product enhancement. Join us in our vibrant office, where collaboration and creativity drive meaningful results in the telephony and digital sales landscape.
Contact Details:
Vitality Corporate Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Analyst (Life Actuarial)
✨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 Vitality Corporate Services Limited). 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 Vitality Corporate Services Limited. 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 Actuarial Analyst (Life Actuarial)
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 Vitality Corporate Services Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Vitality Corporate Services Limited. 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 Vitality Corporate Services Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Vitality Corporate Services Limited 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 Vitality Corporate Services Limited, 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 Vitality Corporate Services Limited'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.
