Experience, qualification, and soft skills, have you got everything required to succeed in this opportunity Find out below.
About The Role
Team – Pricing
Working Pattern - Hybrid – 2 days per week in the Vitality Bournemouth or London Office. Full-time hours apply.
We are happy to discuss flexible working!
Top 3 skills needed for this role:
- Strong Python & SQL Capability
- Practical Statistical Modelling
- Proven Data Analysis Skills
What this role is all about
We're looking for an Actuarial Analyst to join our Health Pricing team and support the development of the statistical models that underpin our insurance premiums. Working with actuaries and data scientists, the role will use Python and SQL to analyse pricing data, monitor model performance and improve established processes. This is an opportunity to build practical experience across health insurance pricing while contributing to commercial performance.
What you'll be doing
- Support the rebuild and development of risk models using GLM and machine-learning approaches to claims frequency and severity
- Prepare, cleanse and validate data to ensure pricing analysis and modelling outputs are accurate and reliable
- Complete feature engineering, model validation and reasonability checks using established actuarial processes
- Monitor model performance through actual-versus-expected analysis, rating factor reviews and drift checks
- Identify changes in model performance and provide clear evidence where recalibration or further investigation may be required
- Support rate change impact analysis and prepare the data used for conversion and elasticity modelling
- Build simple statistical models and work effectively with existing models, documenting their assumptions, risks and limitations
- Automate manual Excel processes using Python, SQL and AI to improve the efficiency and consistency of pricing activity
- Present analysis clearly, keep stakeholders informed and collaborate with colleagues to resolve data or modelling issues
- Take ownership of work quality, deadlines and small analytical or automation projects with appropriate guidance
What do you need to thrive?
- A numerical xgikmsk degree or expected 2:1 or above in a relevant subject such as Actuarial Science, Mathematics, Statistics, Engineering, Computer Science, Physics or Economics
- Programming experience using Python, R or SQL gained through study, projects or work
- A sound understanding of statistics, ideally including regression analysis or GLMs
- Strong Excel, Word and PowerPoint skills
- A curious and analytical approach with the ability to challenge results and solve problems
- Confidence using AI tools to support analysis or coding while checking the accuracy of their output
- Clear written and verbal communication skills with the ability t Please click on the apply button to read the full job description
Actuarial Analyst (Health Pricing) in Bournemouth employer: Vitality Corporate Services
Vitality is an exceptional employer that fosters a dynamic and inclusive work culture, offering flexible working arrangements to support a healthy work-life balance. As part of the Actuarial team in London, employees benefit from continuous professional development opportunities and the chance to collaborate with diverse stakeholders on innovative projects that drive the company's actuarial modelling capabilities forward. With a commitment to employee well-being and growth, Vitality stands out as a rewarding place to build a meaningful career.
Contact Details:
Vitality Corporate Services Recruitment Team
