At a Glance
- Tasks: Shape life insurance propositions and analyse data to drive strategic decisions.
- Company: Join Vitality, a purpose-driven company enhancing lives through innovative insurance solutions.
- Benefits: Enjoy competitive salary, bonuses, health insurance, pension contributions, and career growth opportunities.
- Other info: Flexible working options and a commitment to diversity and inclusion.
- Why this job: Make a real impact on people's lives while developing your actuarial and data science skills.
- Qualifications: Experience in life insurance pricing and strong analytical skills required.
The predicted salary is between 50000 - 70000 £ per year.
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!
Life insurance pricing experience
Strong actuarial modelling & analysis
Our Actuaries sit at the heart of our mission - making people healthier and enhancing lives. As trusted analytical experts, they turn complex data into clear insights that shape our products, pricing and long-term financial strength. From assessing and managing risk to designing innovative, fair and sustainable life insurance solutions, their work helps ensure we can deliver great value to our members - today and in the future.
As a Senior Actuarial Analyst in Life Pricing, you'll play a key role in shaping our long-term life insurance propositions. You'll gain hands-on exposure to end-to-end pricing, continue to develop your technical actuarial and data science capabilities, and contribute directly to strategic decision-making, growth and financial stability at Vitality.
- Manage, define and analyse data, including developing and maintaining robust processes
- Identify and assess key risks and assumptions, recommending appropriate solutions
- Validate results using business and external market insight
- Monitor performance, explain results clearly and identify opportunities for improvement
- Understand stakeholder needs and tailor analysis accordingly
- Produce and present clear, insightful analysis and presentations
- Support and, where required, co-ordinate the work of Actuarial Analysts
Associate member of the Institute and Faculty of Actuaries (or equivalent), or working towards this
Experience within financial services, ideally in health or life insurance
Working knowledge of SQL, with experience writing and editing queries to extract and analyse data (e.g. SQL Server Management Studio)
Exposure to Python/R and data processing libraries
Familiarity with visualisation and dashboarding tools such as Power BI
Strong MS Office skills, particularly Excel, with working knowledge of Word and PowerPoint
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
We've 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're 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 you are interested, please submit your application as soon as possible.
Senior Actuarial Analyst - Life Insurance employer: Vitality Corporate Services Limited
Contact Detail:
Vitality Corporate Services Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst - Life Insurance
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Vitality on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss actuarial modelling, SQL, and data analysis. We want to see how you can turn complex data into clear insights!
✨Tip Number 3
Show us your passion for life insurance! Be ready to discuss how your experience aligns with our mission of making people healthier. Share examples of how you've contributed to similar goals in past roles.
✨Tip Number 4
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 our team at Vitality.
We think you need these skills to ace Senior Actuarial Analyst - Life Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your life insurance pricing experience and any relevant actuarial modelling skills to catch our eye!
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about the role and how you can contribute to our mission. Share specific examples of your past work that align with what we do at Vitality.
Showcase Your Technical Skills: Don’t forget to mention your SQL, Python/R, and data visualisation skills! We love seeing candidates who can handle data like a pro, so make sure to include any relevant projects or experiences.
Apply Through Our Website: We encourage you to submit your application through our website for a smoother process. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves!
How to prepare for a job interview at Vitality Corporate Services Limited
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll need to demonstrate your life insurance pricing experience. Brush up on key metrics and be ready to discuss how you've used data to inform pricing strategies in the past. This will show that you understand the core of the role and can contribute from day one.
✨Showcase Your Technical Skills
Make sure to highlight your actuarial modelling and analysis skills during the interview. Be prepared to discuss your experience with SQL, Python, or R, and how you've applied these tools in real-world scenarios. This will help the interviewers see your technical capabilities and how they align with their needs.
✨Tailor Your Insights
Understanding stakeholder needs is crucial. Think about how you've tailored your analysis for different audiences in the past. Bring examples of how you've communicated complex data insights clearly and effectively, as this will demonstrate your ability to connect with various teams within the company.
✨Be Ready to Discuss Risk Management
Since identifying and assessing key risks is part of the job, prepare to talk about your approach to risk management. Share specific examples where you've recommended solutions based on your analysis. This will show that you're proactive and can think critically about potential challenges.