Featured

Actuarial Analyst - Valuation

Posted 8 April by Vitality
Salary icon Competitive salary
Location icon London , South East England

Register and upload your CV to apply with just one click


About The Role
Team – 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, Python or Excel
  • Mathematical or statistical background
What this role is all about:
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 (assistance to Data Analyst)
  • 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)

Essential Skills needed to fulfil this role:
  • Actuarial Student (i.e. progress through Core Principles exams).
  • Actuarial work experience will be an advantage.
  • Technically inclined with attention to detail.
  • Confident 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.

So, what’s 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 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 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 The Company
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.

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. 
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.

Reference: 52438559

Please note Reed.co.uk does not communicate with candidates via Whatsapp, and we will never ask you to provide your bank, passport or driving licence details during the application process. To stay safe in your job search and flexible work, we recommend visiting JobsAware, a non-profit, joint industry and law enforcement organisation working to combat labour market abuse. Visit the JobsAware website for information and free expert advice for safer work.

Report this job