Senior Actuarial Analyst (Vitality Programme)

Senior Actuarial Analyst (Vitality Programme)

Full-Time 50000 - 65000 £ / year (est.) Home office (partial)
Vitality

At a Glance

  • Tasks: Develop advanced actuarial models and collaborate on strategic insights for market-leading propositions.
  • Company: Join a dynamic team within a leading health insurance provider focused on innovation.
  • Benefits: Enjoy a competitive salary, bonus schemes, and up to 12% pension contributions.
  • Other info: Flexible hybrid working with opportunities for professional development and collaboration.
  • Why this job: Make a real impact on product design and customer engagement while growing your career.
  • Qualifications: Actuarial qualification progress, SQL knowledge, and strong Excel skills required.

The predicted salary is between 50000 - 65000 £ per year.

<div><h2>Team - Vitality Programme</h2> <p><b>Working Pattern</b> - Hybrid, 2 days per week in the Vitality London or Bournemouth Office.

Full time hours per week.

We are happy to discuss flexible working.</p> <h2>Top 3 skills needed for this role</h2> <ul> <li>Advanced actuarial modelling</li> <li>Behavioural data analytics insight</li> <li>Commercial pricing strategy development</li> </ul> <h2>What this role is all about</h2> <p>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.</p> <h2>Key Actions</h2> <ul> <li>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.</li> <li>Produce actuarial pricing for new benefits and possible changes to existing benefits, in conjunction with the Research and Development team.</li> <li>Help develop business plans for future financial years, and monitor experience vs assumptions.</li> <li>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.</li> <li>Collaborate with other analysts and reporting specialists (including across Vitality’s international markets) to drive adoption of standard engagement performance measures.</li> <li>Help produce key performance metrics, forecasts & monthly reports for senior management and wider business use, including marketing, technical marketing, sales, and finance.</li> <li>Present key outputs and recommendations to senior stakeholders.</li> </ul> <h2>What do you need to thrive?</h2> <ul> <li>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.</li> <li>Knowledge of SQL, writing and editing complex queries to extract and process data, e. g., using SQL Server Management Studio.</li> <li>MS Office: <ul> <li>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.</li> <li>Power Point and Word 365 (both to a basic level).</li> </ul> </li> </ul> <h2>So, what’s in it for you?</h2> <ul> <li>Bonus Schemes – A bonus that regularly rewards you for your performance.</li> <li>A pension of up to 12% – We will match your contributions up to 6% of your salary.</li> <li>Our award‑winning Vitality health insurance – With its own set of rewards and benefits.</li> <li>Life Assurance – Four times annual salary.</li> </ul></div> #J-18808-Ljbffr

Senior Actuarial Analyst (Vitality Programme) employer: Vitality

As a Senior Actuarial Analyst within the Vitality Programme team, you will thrive in a dynamic and collaborative environment that champions innovation and professional growth. With flexible working options and a strong focus on employee well-being, including an award-winning health insurance plan and generous pension contributions, our company is dedicated to fostering a supportive culture where your contributions directly impact our market-leading propositions. Join us in London or Bournemouth, where your expertise in advanced analytics and pricing strategy will be valued and rewarded.

Vitality

Contact Details:

Vitality Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Actuarial Analyst (Vitality Programme)

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Vitality. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Senior Actuarial Analyst (Vitality Programme)

Advanced Actuarial Modelling
Behavioural Data Analytics Insight
Commercial Pricing Strategy Development
Statistical Modelling
Actuarial Assumption Setting
SQL
Data Manipulation

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Vitality.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Vitality's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Vitality

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Vitality.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Vitality will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Vitality employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.