At a Glance
- Tasks: Lead impactful pricing initiatives and manage your own and others' work in a dynamic team.
- Company: Join a new-generation insurer disrupting the insurtech market with a collaborative culture.
- Benefits: Enjoy a competitive salary, bonus schemes, health insurance, and a generous pension plan.
- Why this job: Make a real impact in the health pricing team while developing your actuarial skills.
- Qualifications: Fellow or student member of the Institute and Faculty of Actuaries; strong analytical skills required.
- Other info: Flexible working options and excellent career growth opportunities await you!
The predicted salary is between 36000 - 60000 £ per year.
Team – Pricing - Actuarial
Working Pattern - Hybrid – 2 days per week in the Vitality Bournemouth or London Office. Full time hours. We are happy to discuss flexible working!
Top 3 skills needed for this role:
- Strong actuarial and analytical modelling skills
- Actuarial judgement and commercial awareness
- Excellent stakeholder communication skills
What this role is all about:
As a new-generation insurer disrupting the insurtech market, our Actuaries are analytical experts who ensure smooth operations. They analyse data, manage risk, set fair premiums and support long-term financial planning, providing insights that drive decision-making.
As an Actuarial Manager in the Health Pricing team, you’ll lead impactful pricing initiatives aligned with business strategy. You’ll manage your own and others’ work, improve pricing processes and tools, and deliver high-quality outputs.
Key Actions:
- Build, refine, and maintain pricing models, clearly explaining assumptions
- Identify and quantify risks, opportunities, and key business drivers
- Validate model outputs, monitor emerging trends, and support solutions to material business challenges
- Translate technical findings into clear, actionable insights for non-technical stakeholders
- Build strong working relationships and support informed decision-making across teams
- Coach and support colleagues, sharing expertise to encourage continuous learning
- Deliver high-quality work on time while maintaining a proactive, solutions-focused mindset
What do you need to thrive?
- Fellow of the Institute and Faculty of Actuaries or equivalent
- Or student or associate member of the Institute and Faculty of Actuaries or equivalent
- Knowledge of more advanced visualisation/dashboarding tools such as Power BI
- Experience of working within financial services, particularly in health or general insurance
- Knowledge of SQL, writing and editing complex queries to extract and process data, e.g., using SQL Server Management Studio
- Knowledge of Python and associated data processing libraries (e.g. pandas, numpy)
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.
Actuarial Manager in City of London employer: Vitality
Contact Detail:
Vitality Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Manager in City of London
✨Tip Number 1
Network like a pro! Reach out to current or former employees on LinkedIn, especially those in actuarial roles. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for the interview by practising common actuarial scenarios. Think about how you’d explain complex models to non-technical stakeholders. We want to see your communication skills shine!
✨Tip Number 3
Showcase your analytical prowess! Bring examples of past projects where you’ve built or refined pricing models. We love seeing how you tackle challenges and deliver high-quality outputs.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest opportunities right there.
We think you need these skills to ace Actuarial Manager in City of London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Actuarial Manager role. Highlight your actuarial skills, analytical modelling experience, and any relevant projects that showcase your ability to manage risk and set fair premiums.
Showcase Your Communication Skills: Since excellent stakeholder communication is key, include examples of how you've effectively communicated complex data insights to non-technical audiences. This will demonstrate your ability to translate technical findings into actionable insights.
Highlight Your Technical Expertise: Don’t forget to mention your knowledge of SQL, Python, and any advanced visualisation tools like Power BI. These skills are crucial for the role, so make them stand out in your application.
Apply Through Our Website: We encourage you to apply directly through our careers page. It’s the best way to ensure your application gets the attention it deserves, and you’ll find all the details about the role and our fantastic benefits there!
How to prepare for a job interview at Vitality
✨Know Your Numbers
As an Actuarial Manager, you'll need to demonstrate your strong actuarial and analytical modelling skills. Brush up on your pricing models and be ready to discuss how you've built or refined them in the past. Be prepared to explain your assumptions clearly, as this will show your depth of understanding.
✨Speak Their Language
Communication is key! Practice translating complex actuarial concepts into simple terms that non-technical stakeholders can grasp. This will not only showcase your expertise but also your ability to build strong working relationships across teams.
✨Showcase Your Commercial Awareness
Familiarise yourself with the latest trends in the insurtech market and how they impact pricing strategies. Be ready to discuss how you identify and quantify risks and opportunities, as well as how these insights drive decision-making within a business context.
✨Be a Team Player
Highlight your experience in coaching and supporting colleagues. Share examples of how you've encouraged continuous learning within your team. This will demonstrate your leadership potential and your commitment to fostering a collaborative work environment.