Senior Actuarial Analyst (Health Reporting)

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About The Role

Team - Actuarial - Health

Working Pattern - Hybrid - 2 days per week in the Vitality Bournemouth Office. Full time, 35 hours per week.

What this role is all about:

As a Senior Actuarial Analyst, you will be supporting various actuarial reporting requirements such as capital, valuation, reserving and profitability.

This role offers a unique opportunity to gain hands-on experience in key actuarial areas, develop technical skills, and contribute to the financial stability and strategic decision-making of Vitality. You would be supporting Actuarial Analysts in their development.

Key Actions

Implement the Actuarial Control Cycle:

• Data Management:
  • Identify and define data.
  • Manipulate, adjust and analyse data.
  • Create or define processes.
• Modelling:
  • Build appropriate models or develop pre-existing ones.
  • Identify, document and understand the implications of key assumptions used in models.
  • Identify and quantify risks and opportunities.
  • Define solutions, recommending the most appropriate.
• Reporting:
  • Validate results with knowledge of business/ external environment.
  • Monitor and explain results and identify and implement improvement opportunities.

Distil and Communicate Information to Stakeholders:

• Understand stakeholder needs and requirements.
• Collaborate independently with senior stakeholders, address unforeseen issues.
• Create new presentations, present results, take challenge and feedback.
• Act as a resource for colleagues with less experience.

Build and Transfer Skills and Knowledge:

• Participate in and seek out learning opportunities.
• Apply learnings effectively to work.
• Share ideas and collaborate with colleagues to ensure best practice.

Manage Self:

• Take full responsibility for work quality.
• Maintain a can-do approach to find solutions and overcome challenges.
• Keep stakeholders informed of progress and manage expectations.
• Form effective working relationships with team and stakeholders.
• May co-ordinate the delivery of work for Analysts.

Collaborate Within and Across Teams:

• Know and communicate your responsibilities and those of others.
• Focus on achieving agreed end results.
• Share ideas and actively listen.
• Communicate clearly and timely.
• Maintain a positive attitude and help others do the same.
• Understand success as achieving both personal and team goals.

What do you need to thrive?

• Student or associate member of the Institute and Faculty of Actuaries or equivalent.
• Working towards the completion of their actuarial qualification.
• Demonstrable experience in a working Actuarial Environment
• MS Office skills: Excel intermediate, Word/PowerPoint basic.

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, w e 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 You

About Us

We're 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.

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.

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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. #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.