R&D Actuarial Analyst - 12 Month FTC
R&D Actuarial Analyst - 12 Month FTC
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Job Description
Team R&D Lab
Working Pattern Hybrid 2days per week in the Vitality London Office.Full time 37.5 hours per week.
- Good researching capability to help Vitality enhance product offering
- Analytical thinking
- Comfortable engaging with stakeholders especially within Product teams
What this role is all about:
This role involves taking full ownership of the product development cycle from initial concept through to digital and operational execution. The successful candidate will be responsible for conceiving researching developing and pricing new product structures as well as monitoring product performance to identify areas for innovation and improvement. The ideal candidate will excel in analytical research and conceptual thinking and will be adept at working efficiently to produce highquality deliverables. Additionally this role requires strong written communication skills to support R&D product governance responsibilities.
Key Actions
- Connects and researches new opportunities for product enhancement and evolution.
- Support in the conceptualisation and development of new product benefit and partner features for Vitality; rapidly iterating on these concepts the actuarial pricing and clinical foundation thereof so further enhance the effectiveness of the programme.
- Presents these to senior executives to enable discussion and debate of optimal product structures. Facilitates the debate.
- Estimates the cost of different product structures using validated assumptions (SA data partner data industry and market data) and professional judgment.
- Produces a product specification that is the source document for product implementation. Participates in business definition workshops with digital change IT and operations teams and takes decisions with these teams on implementation issues so as to deliver against original product intent.
- Defines key metrics indicative of product performance and monitors these metrics on an ongoing basis.
- Collaboration and coordination across actuarial product technical marketing and clinical teams at various stages during the product development cycle.
- Engages with key product governance stakeholders and assists in analysing product performance in terms of customer outcomes while being responsible for driving actions identified.
What do you need to thrive
- Part qualified Actuary demonstrating good progress with their actuarial exams (maximum 3 4 exams remaining).
- 2 to 3 years work experience.
- Extensive business and/or technical experience with a proven track record of innovation entrepreneurship delivery and performance.
- Strong analytical and problemsolving skills.
- Sophisticated written and verbal communication skills for internal and external delivery.
- Strong work ethic with focus on value added delivery.
- High degree of personal maturity and a natural capacity to selfreflect learn and develop.
- Ability to handle change and navigate ambiguity.
- Advanced PowerPoint and Excel skills.
- 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 awardwinning 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!
- Help you to be the healthiest youve 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.
About You
About Us
Were really excited to announce that we have recently been awarded Top 10 Best Places To Work in The Sunday Times Awards 2024!
Vitality is a multiawardwinning UK insurance brand here to make the world a healthier happier place.
Weve been a purpose and valuesdriven business from day 1 long before it became fashionable. Our core purpose is to make people healthier and enhance protect their lives. Vitality pioneered sharedvalue insurance. We incentivise people to live healthier longer lives they benefit our business benefits and society benefits. Were successful because we attract develop and retain the best people and because we care.
At Vitality were committed to diversity and inclusion because its good for our employees for our business and for society. We welcome applications from individuals of all backgrounds experiences and perspectives.
Vitalitys 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. #LIHybrid
If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested please submit your application as soon as possible.
Required Experience:
IC
Employment Type
Full Time
