Make sure to apply quickly in order to maximise your chances of being considered for an interview Read the complete job description below.
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:
- Extensive Insurance Pricing Expertise
- Advanced Predictive Modelling Capability
- Proven Technical Stakeholder Influence
What this role is all about
We're looking for a Senior Actuarial Manager to take a leading role in shaping Vitality's health pricing strategy and strengthening our technical pricing capability. This is a senior, hands-on position with responsibility for developing complex risk, demand, elasticity and technical rate models, advancing price optimisation and setting the direction for pricing innovation and testing. The role will lead specialist actuarial talent, influence senior stakeholders and turn complex analysis into commercially effective decisions that support sustainable growth, retention and margin.
What you'll be doing
- Lead the development of risk models for individual and SME health insurance products using machine learning techniques alongside GLMs
- Build complex demand, price elasticity and technical rate models, taking ownership of the methodology from data and feature design through to validation and sign-off
- Develop and scale Vitality's price optimisation capability by creating the frameworks, tools and processes required for live pricing decisions
- Design and analyse price tests and controlled experiments to generate robust evidence and improve pricing performance
- Set the roadmap for demand modelling and price testing, prioritising activity according to commercial value and strategic impact
- Deliver modelling innovations that produce measurable improvements across growth, retention, margin and other key commercial outcomes
- Apply expert judgement to challenge assumptions, assess uncertainty and recommend technically robust pricing solutions
- Present complex technical work, risks and opportunities clearly to senior stakeholders and governance forums
- Lead projects across technical, commercial xgikmsk and operational teams, influencing decisions and securing support for new approaches
- Lead and develop a small specialist team, setting high technical standards and building capability through coaching and knowledge sharing
What do you need to thrive?
- Qualified actuary with FIA or an equivalent qualification, or an equivalent professional background with substantial pricing experience
- Significant experience delivering insurance pricing work, ideally within health or personal lines general insurance
- Strong hands-on experience building risk and demand models using GLMs and machine learning techni Please click on the apply button to read the full job description
Senior 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
