Actuarial Analyst (Life Actuarial)
Job Summary
Team Actuarial-Life
Working Pattern - Hybrid 2days per week in the Vitality London Office.Full time 37.5 hours per week.
Top 3 skills needed for this role:
- Highly developed analytical and problem-solving capability with good attention to detail
- Expertise in actuarial modelling and data interpretation
- Strong understanding of fundamental actuarial principles and concepts with a particular focus on life insurance
- Support actuarial valuations and reporting across IFRS17 Solvency II and Embedded Value frameworks helping to deliver accurate and timely financial and regulatory outputs
- Conduct regular experience analysis including investigations into claims lapses and other key drivers of business performance providing insight to support assumption setting and business decision-making
- Develop maintain and enhance actuarial models while supporting model point creation data preparation and validation activities across a range of reporting and analytical processes
- Prepare actuarial reports management information and financial analysis ensuring outputs are clearly documented thoroughly reviewed and fit for stakeholder use
- Analyse and interpret complex datasets carrying out reasonableness checks and identifying trends anomalies and opportunities for improvement
- Collaborate with colleagues across the Life Actuarial team and wider business functions communicating findings and supporting the successful delivery of actuarial and strategic projects
- Apply actuarial control cycle principles across data modelling and reporting activities maintaining high standards of governance accuracy and professional practice
- Actively contribute to continuous improvement initiatives while developing technical expertise and progressing towards a professional actuarial qualification
What do you need to thrive
- Working towards an actuarial qualification with membership of the Institute and Faculty of Actuaries or equivalent
- A degree in Mathematics Statistics or a related numerical discipline
- Strong analytical and problem-solving skills with the ability to interpret complex data and identify meaningful insights
- Good knowledge of Excel and confidence working with large datasets and actuarial calculations
- Effective communication skills with the ability to present technical information clearly to a range of stakeholders
- A collaborative approach and the ability to build positive working relationships across teams
- Strong attention to detail and a commitment to producing accurate high-quality work
- The ability to manage competing priorities and deliver to deadlines in a fast-paced environment
- A proactive mindset with a willingness to learn develop new skills and contribute to continuous improvement initiatives
- 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!
- 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.
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.
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:
IC
About Company
Vitality is a leading UK insurer offering health and life insurance. Get your quote today and unlock discounts and rewards from top brands.