At a Glance
- Tasks: Develop advanced actuarial models and collaborate on innovative pricing strategies.
- Company: Join Vitality, a leader in health and wellness with a vibrant culture.
- Benefits: Enjoy competitive salary, bonus schemes, and award-winning health insurance.
- Other info: Flexible working options and a supportive environment for personal growth.
- Why this job: Make a real impact on product design and customer engagement while growing your career.
- Qualifications: Actuarial qualification progress and strong SQL skills are essential.
The predicted salary is between 50000 - 60000 £ per year.
hackajob is collaborating with Vitality to connect them with exceptional professionals for this role. The information below covers the role requirements, expected candidate experience, and accompanying qualifications.
Team: Vitality Programme
Working Pattern: Hybrid – 2 days per week in the Vitality London or Bournemouth Office. Full time hours per week. We are happy to discuss flexible working!
Top 3 skills needed for this role:
- Advanced actuarial modelling
- Behavioural data analytics insight
- Commercial pricing strategy development
What this role is all about:
The Senior Actuarial Analyst within the Vitality Programme team plays a key role in the development and performance of a market‑leading proposition, applying advanced analytics, modelling and pricing expertise to influence product design, customer engagement and long‑term financial outcomes. Working within a highly collaborative, cross‑functional environment, the role contributes strategic insight, informs key business decisions, and supports sustainable growth and competitive advantage.
Key Actions:
- Maintain and develop statistical models to forecast future engagement patterns and their impact on other key business drivers such as sales, retention, premium growth and claims and ultimately profitability / embedded value metrics. This may include elements of actuarial assumption setting.
- Produce actuarial pricing for new benefits and possible changes to existing benefits, in conjunction with the Research and Development team.
- Help develop business plans for future financial years, and monitor experience vs assumptions.
- Collaborate with other business teams, including actuarial, R&D, big data, marketing, pricing and finance, to grow understanding of the interaction between engagement and other key business drivers.
- Collaborate with other analysts and reporting specialists (including across Vitality’s international markets) to drive adoption of standard engagement performance measures.
- Help produce key performance metrics, forecasts & monthly reports for senior management and wider business use, including marketing, technical marketing, sales, and finance.
- Present key outputs and recommendations to senior stakeholders.
What do you need to thrive?
- Student or associate member of the Institute and Faculty of Actuaries or equivalent, working towards the completion of their actuarial qualification. Or: Fellow of the Institute and Faculty of Actuaries or equivalent.
- Knowledge of SQL, writing and editing complex queries to extract and process data, e.g., using SQL Server Management Studio.
- MS Office: Excel 365 to an intermediate level. Should be able and confident in manipulating large data sets, and familiar with the capabilities of the latest version of Excel.
- Powerpoint and Word 365 (both to a basic level).
So, what’s in it for you?
- 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.
These are just some of the many perks that we offer! To view the extensive range of benefits we offer, please visit our careers page. Fantastic Benefits. Exciting rewards. Great career opportunities!
If you are successful in your application and join us at Vitality, this is our promise to you, we will:
- Help you to be the healthiest you’ve ever been.
- Create an environment that embraces you as you are and enables you to be your best self.
- Give you flexibility on how, where and when you work.
- 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.
- Give you the space to try, fail and learn.
- Provide a healthy balance of challenge and support.
- Recognise and reward you with a competitive salary and amazing benefits.
- Be there for you when you need us.
- Provide opportunities for you to be a force for good in society.
We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.
