Actuarial Manager (Health Pricing)

Vitality Group; Bournemouth; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurtech company in the UK is looking for an Actuarial Manager in the Health Pricing team. You will lead pricing initiatives, improve processes, and deliver high-quality insights. Key skills include actuarial modelling and commercial awareness, alongside experience in health insurance. This full-time role offers a hybrid work pattern, enabling flexibility. The company provides attractive benefits, including a generous pension scheme and performance bonuses tailored to help you thrive professionally and personally.

Benefits

Bonus schemes

Up to 12% pension match

Award-winning health insurance

Life assurance

Qualifications

• Experience of working within health or general insurance.
• Knowledge of more advanced visualisation/dashboarding tools.
• Knowledge of SQL, writing and editing complex queries.

Responsibilities

• Lead impactful pricing initiatives aligned with business strategy.
• Build, refine, and maintain pricing models.
• Deliver high-quality work on time.

Skills

Strong actuarial and analytical modelling skills

Actuarial judgement and commercial awareness

Excellent stakeholder communication skills

Education

Fellow of the Institute and Faculty of Actuaries or equivalent

Student or associate member of the Institute and Faculty of Actuaries or equivalent

Tools

Power BI

SQL Server Management Studio

Python

Job description

About The Role

Team –

Working Pattern – Hybrid – 2 days per week in the Vitality Bournemouth or London Office. Full time hours.

We are happy to discuss flexible working!

Top 3 skills needed for this role:

• Strong actuarial and analytical modelling skills
• Actuarial judgement and commercial awareness
• Excellent stakeholder communication skills

What this role is all about:

As a new‑generation insurer disrupting the insurtech market, our Actuaries are analytical experts who ensure smooth operations. They analyse data, manage risk, set fair premiums and support long‑term financial planning, providing insights that drive decision‑making.

As an Actuarial Manager in the Health Pricing team, you’ll lead impactful pricing initiatives aligned with business strategy. You’ll manage your own and others’ work, improve pricing processes and tools, and deliver high‑quality outputs.

Key Actions

• Build, refine, and maintain pricing models, clearly explaining assumptions
• Identify and quantify risks, opportunities, and key business drivers
• Validate model outputs, monitor emerging trends, and support solutions to material business challenges
• Translate technical findings into clear, actionable insights for non‑technical stakeholders
• Build strong working relationships and support informed decision‑making across teams
• Coach and support colleagues, sharing expertise to encourage continuous learning
• Deliver high‑quality work on time while maintaining a proactive, solutions‑focused mindset

What do you need to thrive?

• Fellow of the Institute and Faculty of Actuaries or equivalent
• Student or associate member of the Institute and Faculty of Actuaries or equivalent
• Knowledge of more advanced visualisation/dashboarding tools such as Power BI
• Experience of working within, particularly in health or general insurance
• Knowledge of SQL, writing and editing complex queries to extract and process data, e.g., using SQL Server Management Studio
• Knowledge of Python and associated data processing libraries (e.g. pandas, numpy)

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 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.

Diversity & Inclusion

At Vitality, we’re committed to diversity and inclusion because it’s good for our employees, for our business, and for society. We welcome applications from individuals of all backgrounds, experiences, and perspectives.

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.