About The RoleTeam – PricingWorking 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:Strong Insurance Pricing ExpertiseAdvanced Predictive Modelling CapabilityProven Python & SQL ExpertiseWhat this role is all aboutWe’re looking for an Actuarial Manager to take a prominent role within our Health Pricing team, with responsibility for developing and advancing the risk models that underpin our singular and SME health insurance pricing. This is a senior technical role with ownership across the full modelling lifecycle, combining machine learning, actuarial modelling and external data to strengthen risk segmentation, shape pricing conclusions and take complex model developments through to live implementation. The role will also provide technical leadership across pricing projects, model governance and analyst-level work, influencing stakeholders and driving high-quality pricing outcomes.What you'll be doingDirect the development of sophisticated risk models for individual and SME health insurance products, using machine learning techniques alongside traditional GLMsOwn the full modelling lifecycle, from data and feature design through model development, support, sign-off and implementation into live pricingBe in charge of the sourcing, evaluation and integration of external data to strengthen risk segmentation and connect new pricing opportunitiesResearch and test new rating factors, building robust statistical evidence and translating findings into clear recommendations for implementationBuild, customise and enhance complex pricing models using Python and specialist pricing software, applying sound actuarial judgement to assumptions and methodologyTranslate machine learning outputs into practical, explainable and governable rating structures, working closely with Pricing Implementation to take changes liveOwn monitoring and governance across the model suite, maintaining comprehensive documentation, defining recalibration triggers and ensuring audit readinessIdentify, prioritise and quantify material pricing risks and opportunities, applying commercial and technical judgement to complex business challengesLead pricing projects and manage relationships across technical and business stakeholders, communicating complex findings clearly to support informed decision-makingReview modelling work and provide technical coaching to strengthen modelling capability, quality and knowledge across the wider teamWhat do you need to thrive?Extensive experience within insurance pricing, ideally across health or personal lines general insuranceStrong hands-on experience building GBMs, including XGBoost or LightGBM, alongside GLMs for insurance riskProven experience taking pricing models from development and validation through to live ratesStrong Python capability for developing and enhancing complex pricing modelsAdvanced SQL capability, including writing and editing complex queries to extract and process dataStrong technical and analytical judgement, with the ability to structure and solve complex pricing problemsProven experience conducting pricing projects and delivering outcomes across multiple stakeholdersExcellent written and verbal communication skills, with the ability to translate complex technical information for different audiencesFellowship of the Institute and Faculty of Actuaries or an equivalent actuarial qualification would be advantageousExperience with Radar, Earnix or Akur8, external pricing data or model interpretability techniques such as SHAP and partial dependence would be advantageous
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So, what’s in it for you?Bonus Schemes – A bonus that regularly rewards you for your performanceA pension of up to 12%– We will match your contributions up to 6% of your salaryOur award-winning Vitality health insurance – With its own set of rewards and benefitsLife Assurance – Four times annual salaryThese 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 beenCreate an environment that embraces you as you are and enables you to be your best selfGive you flexibility on how, where and when you workHelp you advance your career by playing you to your strengthsGive you a voice to help our business grow and make Vitality a great place to beGive you the space to try, fail and learnProvide a healthy balance of challenge and supportRecognise and reward you with a competitive salary and amazing benefitsBe there for you when you need usProvide opportunities for you to be a force for good in societyWe commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.About YouAbout UsWe’re incredibly proud to be recognised for the culture we've created — recently being named one of Glassdoor’s Best Places to Work 2026, and in 2024 we were delighted to be awarded Top 10 Places to Work in the Sunday Times Awards.
Vitality is a multi-award-winning UK insurance brand, here to make the world a healthier, happier place.
We’ve been a purpose and values-driven business from day 1- long before it became fashionable. Our core purpose is to make people healthier and enhance protect their lives. Vitality pioneered shared-value insurance. We incentivise people to live healthier longer lives – they benefit, our business benefits, and society benefits. We’re successful because we attract, develop, and retain the best people – and because we care.
Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.
Ready to find out if we’re the right fit for you? We can’t wait.Unable to show this video due to your cookie preferencesDiversity & InclusionAt Vitality, we’re committed to diversity and inclusion because it’s good for our employees, for our business, and for society. We welcome applications from individuals of all backgrounds, experiences, and perspectives. Vitality’s approach to sustainabilityVitality is a business that drives positive change. We reward people for making and sustaining healthier choices. But healthy people also need a healthy environment. To learn more please visit our Careers page. #LI-HybridIf we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. xsabvtc If you are interested, please submit your application as soon as possible.All LocationsBournemouth, LondonAll Locations is a required fieldAdvertising SalaryCompetitive + Bonus + BenefitsContract TypePermanentFunctionActuarial & Data ScienceExternal Advertising End DateClosing Date:24 Nov 2026
Actuarial Manager (Health Pricing) in Vauxhall employer: Vitality
Vitality is an exceptional employer, offering a vibrant work culture that prioritises employee well-being and professional growth. With flexible working arrangements and a commitment to diversity and inclusion, employees are empowered to thrive in their roles while enjoying competitive benefits such as a generous pension scheme and award-winning health insurance. Join us in our London office and be part of a purpose-driven team dedicated to making a positive impact on society.
