About The Role
Team – Actuarial - Life
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!
Top 3 skills needed for this role: Proven actuarial experience analysis & assumption setting
Strong commercial insight
Experienced stakeholder & governance leadership
What this role is all about
We're looking for an experienced Actuarial Manager to take a senior role in shaping the experience analysis and actuarial assumptions that underpin Vitality Life's financial models, projections and key business decisions. With significant ownership across mortality, morbidity and persistency, this role will lead the interpretation of portfolio experience, identify emerging trends and determine how these should translate into robust actuarial assumptions. Working independently across complex actuarial matters, the Actuarial Manager will provide clear technical judgement on the impact of assumption changes across reserves, capital, profitability and forecasting, while partnering with senior stakeholders across Finance, Reinsurance, Pricing and Underwriting to influence decisions and strengthen actuarial insight across the business.
What you will be doing Lead the analysis of mortality, morbidity and persistency experience across the life portfolio, identifying material trends and their financial and commercial implications
Own the end-to-end process for setting, reviewing and maintaining actuarial assumptions, ensuring recommendations are supported by robust analysis and actuarial judgement
Assess the impact of assumption changes across reserves, capital, profitability and forecasts to support effective financial and business decision-making
Maintain strong governance around actuarial assumptions, with clear documentation, controls and reporting through relevant governance forums
Build, develop and enhance complex Prophet models, ensuring assumptions, risks and outputs are robust, clearly justified and appropriately documented
Use internal and external data and wider market insight to challenge results, solve complex actuarial problems and strengthen the quality of analysis
Partner with Finance, Reinsurance, Pricing and Underwriting to provide actuarial expertise, challenge and insight on significant business decisions
Present complex experience and assumption findings to senior stakeholders and governance forums, translating technical analysis into clear implications and recommendations
Drive improvements across actuarial models, experience reporting, data processes and automation to strengthen efficiency, control and quality
Provide technical oversight, review and coaching to actuarial colleagues, suppo...
Actuarial Manager (Life Experience and Assumptions) 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
