At a Glance
- Tasks: Analyse data and contribute to innovative pricing strategies in health insurance.
- Company: Join Vitality, a multi-award-winning UK insurance brand focused on health and happiness.
- Benefits: Enjoy competitive salary, bonuses, pension contributions, and award-winning health insurance.
- Why this job: Become a pricing expert while making a real impact on society's health.
- Qualifications: Analytical mindset with SQL, Excel skills, and a passion for data science.
- Other info: Flexible working, career growth opportunities, and a vibrant team culture.
The predicted salary is between 36000 - 60000 £ per year.
Working Pattern - Hybrid 2 days per week in the Vitality Bournemouth Office. Full time, 35 hours per week. We are happy to discuss flexible working!
Analytical mindset confident working with data and spotting trends.
Technical capability SQL, Excel and programming know how.
This role is within the Health insurance pricing team at Vitality. Our methods are constantly evolving and we are getting better every day - and we would love your help to take it to the next level.
Pricing is a discipline that blends actuarial, data science, and business skills. Through this role you will help deliver our pricing strategy and ensure Vitality is at the forefront of the insurance industry. You will develop the knowledge to become a pricing expert at one of the world’s most cutting-edge insurance companies. We will also support you in your journey to become an actuary, a highly sought-after and prestigious professional qualification.
- Contribute to VitalityHealth's pricing strategy to improve the volume and profitability of the portfolio while adhering to regulatory requirements.
- Use SQL to extract and prepare datasets to be used for analysis.
- Perform data exploration, modelling and analysis in Excel to support investigations and projects.
- Perform and maintain our BAU reporting processes, monitoring key business performance metrics and present insights to key stakeholders.
- Work closely with the pricing modelling and implementation teams to enhance portfolio pricing using cutting edge statistical modelling techniques, refreshing analyses at agreed intervals.
- Champion wider team spirit and engagement by organising social and teambuilding events.
- Manage your time alongside studying for the actuarial exams.
- Experience coding in a programming language.
- Dedication to study the Actuarial qualification.
- Have a passion for making society a healthier place and helping people live better lives.
- Intermediate to advanced proficiency in MS suite including Excel, PowerPoint and Word.
- Understanding and experience of data science, statistics and machine learning techniques.
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.
Vitality is a multi-award-winning UK insurance brand, here to make the world a healthier, happier place. We have been a purpose and values-driven business from day 1 - long before it became fashionable. Vitality pioneered shared-value insurance. We incentivise people to live healthier longer lives; they benefit, our business benefits, and society benefits. Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme.
Diversity & Inclusion: At Vitality, we are committed to diversity and inclusion because it’s good for our employees, for our business, and for society. Vitality is a business that drives positive change. If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early.
Actuary Analyst in Bournemouth employer: Vitality Corporate Services Limited
Contact Detail:
Vitality Corporate Services Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuary Analyst in Bournemouth
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even reach out to current employees at Vitality. Building relationships can open doors that a CV just can't.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your SQL and Excel skills. Share examples of how you've used data to solve problems or spot trends – it’ll show you're ready to hit the ground running!
✨Prepare for the Interview
Do your homework on Vitality and their pricing strategies. Be ready to discuss how your analytical mindset can contribute to their goals. The more you know, the more confident you'll feel during the interview!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at Vitality.
We think you need these skills to ace Actuary Analyst in Bournemouth
Some tips for your application 🫡
Show Off Your Analytical Skills: Make sure to highlight your analytical mindset in your application. We want to see how you’ve worked with data before, so share specific examples of spotting trends or solving problems using your SQL and Excel skills.
Tailor Your Application: Don’t just send a generic CV! Tailor your application to reflect the job description. Mention your experience with pricing strategies and any relevant projects that align with our health insurance pricing team’s goals.
Be Passionate About Health: We love candidates who are passionate about making society healthier! In your application, express your enthusiasm for the role and how you can contribute to our mission of helping people live better lives.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to showcase your skills directly to us!
How to prepare for a job interview at Vitality Corporate Services Limited
✨Know Your Numbers
As an Actuary Analyst, you'll be working with data all the time. Brush up on your SQL and Excel skills before the interview. Be ready to discuss how you've used these tools in past projects, and maybe even prepare a few examples of how you spotted trends or improved processes using data.
✨Understand the Pricing Strategy
Familiarise yourself with Vitality's pricing strategy and how it blends actuarial science with data analysis. Research recent trends in health insurance pricing and be prepared to share your thoughts on how you could contribute to their evolving methods. This shows you're not just interested in the role but also in the company's mission.
✨Show Your Passion for Health
Vitality is all about making society healthier. Be ready to talk about why this matters to you personally. Share any relevant experiences or initiatives you've been involved in that align with their values. This will help you connect with the interviewers on a deeper level.
✨Prepare for Team Dynamics
Since you'll be working closely with various teams, think about how you can contribute to team spirit and engagement. Have a few ideas ready for social or team-building events you could organise. This demonstrates your commitment to collaboration and a positive work environment.