Actuarial Analyst (Life Actuarial)
Job Description
hackajob is collaborating with Vitality to connect them with exceptional professionals for this role.
\nTeam – Actuarial-Life
\nWorking Pattern - Hybrid – 2 days per week in the Vitality London Office. Full time, 37.5 hours per week.
\nWe are happy to discuss flexible working!
\nTop 3 skills needed for this role:
\n- \n
- Highly developed analytical and problem-solving capability with good attention to detail \n
- Expertise in actuarial modelling and data interpretation \n
- Strong understanding of fundamental actuarial principles and concepts, with a particular focus on life insurance \n
What this role is all about:
\nAs part of the Life Actuarial team, the Actuarial Analyst plays a key role in supporting the delivery of actuarial reporting, modelling, capital management and experience analysis across Vitality's life insurance business. Working within a collaborative and highly analytical environment, this position offers exposure to IFRS17 valuations, Solvency II reporting, assumption setting and Prophet modelling, providing an excellent opportunity to develop actuarial expertise while contributing to business-critical decision making.
\nKey Actions
\n\n
- \n
- Support actuarial valuations and reporting across IFRS17, Solvency II and Embedded Value frameworks, helping to deliver accurate and timely financial and regulatory outputs \n
- 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 \n
- Develop, maintain and enhance actuarial models, while supporting model point creation, data preparation and validation activities across a range of reporting and analytical processes \n
- Prepare actuarial reports, management information and financial analysis, ensuring outputs are clearly documented, thoroughly reviewed and fit for stakeholder use \n
- Analyse and interpret complex datasets, carrying out reasonableness checks and identifying trends, anomalies and opportunities for improvement \n
- Collaborate with colleagues across the Life Actuarial team and wider business functions, communicating findings and supporting the successful delivery of actuarial and strategic projects \n
- Apply actuarial control cycle principles across data, modelling and reporting activities, maintaining high standards of governance, accuracy and professional practice \n
- Actively contribute to continuous improvement initiatives while developing technical expertise and progressing towards a professional actuarial qualification \n
What do you need to thrive?
\n- \n
- Working towards an actuarial qualification with membership of the Institute and Faculty of Actuaries or equivalent \n
- A degree in Mathematics, Statistics or a related numerical discipline \n
- Strong analytical and problem-solving skills, with the ability to interpret complex data and identify meaningful insights \n
- Good knowledge of Excel and confidence working with large datasets and actuarial calculations \n
- Effective communication skills, with the ability to present technical information clearly to a range of stakeholders \n
- A collaborative approach and the ability to build positive working relationships across teams \n
- Strong attention to detail and a commitment to producing accurate, high-quality work \n
- The ability to manage competing priorities and deliver to deadlines in a fast-paced environment \n
- A proactive mindset with a willingness to learn, develop new skills and contribute to continuous improvement initiatives \n
So, what’s in it for you?
\n- \n
- Bonus Schemes – A bonus that regularly rewards you for your performance \n
- A pension of up to 12%– We will match your contributions up to 6% of your salary \n
- Our award-winning Vitality health insurance – With its own set of rewards and benefits \n
- Life Assurance – Four times annual salary \n
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!
\n\n
If you are successful in your application and join us at Vitality, this is our promise to you, we will:
\n- \n
- Help you to be the healthiest you’ve ever been \n
- Create an environment that embraces you as you are and enables you to be your best self \n
- Give you flexibility on how, where and when you work \n
- Help you advance your career by playing you to your strengths \n
- Give you a voice to help our business grow and make Vitality a great place to be \n
- Give you the space to try, fail and learn \n
- Provide a healthy balance of challenge and support \n
- Recognise and reward you with a competitive salary and amazing benefits \n
- Be there for you when you need us \n
- Provide opportunities for you to be a force for good in society \n
We commit to all these things because we want you to feel that you belong, and are supported to be happy and healthy.
