Working Pattern - Hybrid 2days per week in the Vitality London Office. Full time, 37.5 hours per week. We are happy to discuss flexible working! Expertise in translating actuarial analysis into impactful business actions and outcomes We're looking for an R&D Actuary to join our Enterprise R&D team, supporting the development of innovative insurance products across VitalityLife and VitalityHealth. This role will help develop and execute the R&D strategy while leading product research, design and pricing activities, working across the full product lifecycle from concept through to implementation and ongoing optimisation. The position partners closely with senior stakeholders and cross-functional teams to deliver commercially viable propositions that support business strategy and member outcomes. Own the actuarial design and pricing of new product structures, balancing customer value, commercial performance and risk considerations Develop compelling business cases and present complex actuarial concepts to executive audiences, influencing key strategic decisions and investment priorities Act as a senior subject matter expert throughout product implementation, partnering with Technology, Change, Digital and Operations teams to ensure delivery aligns with original product intent Establish and oversee product performance frameworks, using data-driven insights to evaluate outcomes and recommend enhancements or corrective action Drive continuous innovation across Life and Health propositions, identifying opportunities to improve competitiveness, customer engagement and business value Provide technical leadership and mentorship within the R&D function, raising capability and supporting the development of actuarial best practice Lead or contribute to high-profile strategic projects, acting as a trusted partner and escalation point for senior stakeholders across the business Qualified Actuary with a strong track record in product development, pricing or proposition design Experience developing and implementing complex insurance products within a Life, Health or related financial services environment Strong commercial acumen with the ability to balance customer outcomes, risk and business performance Advanced actuarial modelling and analytical skills, with confidence interpreting data and translating insights into strategic recommendations Ability to lead and contribute to cross-functional projects involving Technology, Change, Digital and Operations teams Experience defining business requirements and translating product concepts into successful operational delivery Knowledge of actuarial modelling tools such as Prophet and proficiency in Excel Experience using analytical and data tools such as SQL, R or Python 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 youve 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. Weve 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, were committed to diversity and inclusion because its good for our employees, for our business, and for society. Vitality is a business that drives positive change. LI-Hybrid 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.
Actuary (Pensions to Insurance) in London employer: Vitality Corporate Services Limited
Vitality is an exceptional employer, offering a vibrant work culture that prioritises employee well-being and professional growth. With a hybrid working model based in Bournemouth, employees benefit from flexible working arrangements, competitive bonuses, and an extensive range of perks including award-winning health insurance. The company fosters a supportive environment where individuals are encouraged to thrive, innovate, and contribute to meaningful societal change.
Contact Details:
Vitality Corporate Services Limited Recruitment Team
