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About The Role
Team – Pricing
Working Pattern - Hybrid – 2 days per week in the Vitality London or Bournemouth Office. Full-time hours apply.
We are happy to discuss flexible working!
Top 3 skills needed for this role:
- Strong Insurance Pricing Expertise
- Advanced Predictive Modelling Capability
- Proven Python & SQL Expertise
What this role is all about
We're looking for an Actuarial Manager to take a prominent role within our Health Pricing team, with responsibility for developing and advancing the risk models that underpin our singular and SME health insurance pricing. This is a senior technical role with ownership across the full modelling lifecycle, combining machine learning, actuarial modelling and external data to strengthen risk segmentation, shape pricing conclusions and take complex model developments through to live implementation. The role will also provide technical leadership across pricing projects, model governance and analyst-level work, influencing stakeholders and driving high-quality pricing outcomes.
What you'll be doing
- Direct the development of sophisticated risk models for individual and SME health insurance products, using machine learning techniques alongside traditional GLMs
- Own the full modelling lifecycle, from data and feature design through model development, support, sign-off and implementation into live pricing
- Be in charge of the sourcing, evaluation and integration of external data to strengthen risk segmentation and connect new pricing opportunities
- Research and test new rating factors, building robust statistical evidence and translating findings into clear recommendations for implementation
- Build, customise and enhance complex pricing models using Python and specialist pricing software, applying sound actuarial judgement to assumptions and methodology
- Translate machine learning outputs into practical, explainable and governable rating structures, working closely with Pricing Implementation to take changes live
- Own monitoring and governance across the model suite, maintaining comprehensive documentation, defining xgikmsk recalibration triggers and ensuring audit readiness
- Identify, prioritise and quantify material pricing risks and opportunities, applying commercial and technical judgement to complex business challenges
- Lead pricing projects and manage relationships across technical and business stakeholders, communicating complex findings clearly to support informed decision-making
- Review modelling work and provide technical coaching to strengthen modelling capability, quality and knowledge across the wider team
What do you need to thrive?
- Extensive experience within insurance pricing, ideally across health or pe Please click on the apply button to read the full job description
Actuarial Manager (Health Pricing) in London 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
