Senior Actuarial Analyst - 12 Month FTC

About The Role
Team – Actuarial Life
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 communication skills
• Previous Actuarial working experience
• Experience in using Prophet

What this role is all about:
As a Senior Actuarial Analyst within the Life Actuarial department at Vitality Life, you will be part of a dynamic resource pool that supports various actuarial functions, with a primary focus on capital management. 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 the company.

Key Actions
Implement the Actuarial Control Cycle:

• Data Management:
  • Identify and define data.
  • Influence, 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.

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.

Managing your work:

• 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.
• Keep an open mind when discussing problems.
• Organize and share information appropriately.

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.
• FIS Prophet experience.
• 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, 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
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.

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.