Actuarial Manager (Health Profitability and Value)

Bournemouth - UK

Monthly Salary: Not Disclosed

Posted on: 13 hours ago

Vacancies: 1 Vacancy

Job Summary

Team Actuarial - Health

Working Pattern - Hybrid 2days per week in the Vitality Bournemouth Office.Full time 37.5 hours per week.

We are happy to discuss flexible working!

Top 3 skills needed for this role:

Advanced analytical and actuarial modelling expertise
Strong data manipulation and dashboardbuilding skills
Effective stakeholder communication skills

What this role is all about:

As an Actuarial Manager in our Health Actuarial Reporting team youll play a pivotal role in shaping strategic decisions across Vitality Health. Youll dive into actuarial experience emerging trends and the drivers of profitability to uncover insights that truly influence the direction of the closely with pricing reporting and clinical analytics teams youll provide actionable insights into profitability and take ownership of evolving our business planning process to support smarter data-driven decisions.

Key Actions

Profitability Analytics:

Own and develop the Business planning modelling and projections to support the businesses strategic aims.
Use your insight to recommend assumptions to management for use in Business planning and scenario modelling and drive alignment in understanding between Actuarial Pricing and Clinical Risk intelligence.
Carry out detailed investigations into trends and experience whilst working with peers.
Build and manage insightful analytics dashboards to support decision making which is customer focussed and provides early warning indications of trends.
Continual enhancement of existing processes and insights in a well-controlled environment. Ensure strong governance is implemented throughout all processes in the team.

Fair Value insights assessment and monitoring:

Use complex data extraction skills to build data sets to drive detailed discussions of and insights in to fair value.
Support management and the Executive to fully understand how products are delivering fair value outcomes by providing insightful input and commentary on Fair Value assessments and monitoring.
Champion the management and enhancement of products for in-force customers ensuring access to product services features and flexibility to meet their needs and long-term continued value.
Drive the production and delivery of more frequent fair value monitoring and reporting effectively communicating areas of risk to stakeholders.

What do you need to thrive

Associate or Fellow of the Institute and Faculty of Actuaries or equivalent
MS Office skills: Excel advanced Word/PowerPoint intermediate.
Detailed SQL Power BI and other dashboard building skills to support the insights of senior managers in the business.
Confident and competent interaction with stakeholders across the business.

So whats 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 successfulin your application and join us at Vitality this is our promise to you we will:

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 multi-award-winning UK insurance brand here to make the world a healthier happier place.

Weve 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. Were 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 were the right fit for you We cant wait.

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Diversity & Inclusion

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. #LI-Hybrid

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:

Manager

Team Actuarial - HealthWorking Pattern - Hybrid 2days per week in the Vitality Bournemouth Office.Full time 37.5 hours per week.We are happy to discuss flexible working! Top 3 skills needed for this role:Advanced analytical and actuarial modelling expertiseStrong data manipulation and dashboardbuil...