Address
Form of workTeam – Life Actuarial
Working Pattern - Hybrid – 2 days per week in the Vitality London Office. Full time, 37.5 hours per week.
Top 3 skills needed for this role:
- Strong analytical skills
- Experience in SQL, R, Phyton or Excel
- Mathematical or statistical background
You will be responsible for data and experience analysis and reporting which will be used to understand variances to the assumptions used in the Life valuations model. Useful management information feeding into strategic objectives to understand and improve financial performance of the business.
Key Actions
- Actuarial Reporting including Management Information and Financial Performance Activities.
- Monthly Experience Monitoring :
- Claims
- Lapses and CFI’s
- New business and In-force policy movement and mix
- New business profitability
- Ad hoc actuarial requests
- Data checks and Model-point creation
- Stress and sensitivity testing
- Policy movement analysis
- Risk and Internal Control management including documentation and maintenance of actuarial controls
- Valuation Model Maintenance (basic modelling updates)
- Actuarial Student (i.e. progress through Core Principles exams)
- Actuarial work experience will be an advantage
- Technically inclined with attention to detail
- Secure communicating both verbally and written at all levels
- Strong analytical skills and the ability to interpret a broad range of data and complex financial calcualtions
- Strong IT skills and comfortable working on multiple software packages (e.g sql, R, Phyton, Power BI, Excel, Word, PowerPoint, Prophet experience will be an advantage)
- Work under pressure and within a dynamic and changing environment
- 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
Who We Are
At Vitality, everything we do is driven by our core purpose. To make people healthier and to enhance and protect their lives through our market-leading health and life insurance and the Vitality Programme. We empower our members to take control of their wellness and develop long-term healthy habits.
Diversity & Inclusion
We’re committed to diversity and inclusion because it’s good for our employees, for our business, and for society. To learn more please visit our Careers page.
Vitality’s approach to sustainability
Vitality 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.
About The Company
Vitality is a multi award-winning UK insurance brand, here to make the world a healthier, happier place.
Apart from offering some of the best cover out there, we help people take control of their health. We also help them get healthier, by giving them great rewards when they do healthy things.
As a brand with a challenger mindset, anyone who can show us a better way to do things is someone we want to work with. So when you join us, expect a positive environment and plenty of opportunities to grow your career. You’ll also have some brilliant teammates to support you and a dynamic work schedule to build your skills.
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.
Hybrid and flexible working is also a key part of our organisational setup. So there’s no need to ask. Let’s talk about it at interview stage, so we can make your role work for your lifestyle.
Ready to find out if we’re the right fit for you? We can’t wait.
We do reserve the right to close this advertisement early if we receive a high volume of suitable applications. If you are interested, please submit your application as soon as possible.
