Job Description

About The Role
Hybrid Role - 2 days a week in the office.

Overall Job Purpose
This is a fantastic opportunity for you that has become available in our Health Actuarial team. 

You will contribute to producing files and insights for VitalityHealth across all Corporate Actuarial reporting function. This will include reserving technical actuarial work and capital work under Solvency II. In addition to this you will complete adhoc enquiries using strong data skills to help provide new insights into profitability investigations 
 
Accountabilities
The individual will report to a Reporting Actuary within the wider Actuarial Reporting team for VitalityHealth. You will be pivotal in producing the actuarial inputs and completing analysis across many key reporting processes. This will form part of a larger team delivering relevant actuarial insight for the business. It will require you to manage the workloads across a number of processes as well as completing detailed investigations whilst working with peers. The key tasks across the team are as follows:

1. Solvency II reporting, including calculation of technical provisions, review of assumptions bases and methodologies. This also includes capital planning and working on the ORSA
2. Profitability inspections including lifetime profitability and current experience investigations
3. Setting our claims reserves for monthly performance tracking, with particular focus on investigations to support the appropriate level of reserves
4. Tracking overall business actuarial dynamics and using this information in deriving and setting up all actuarial aspects of the annual business plan

Skills required

• Actuarial Science, Mathematics or numerate degree
• Part-qualified as an Actuary
• Strong coding capabilities in SQL and R
• Excellent organisational skills
• Works well independently
• Enhanced experience in using Microsoft Excel

About The Company
Vitality is an award-winning, dynamic and vibrant financial services provider, with a ground-breaking vision for the future, where individuals are enabled to succeed and are rewarded and recognised for their contribution to our business. We’re the UK insurer and investment provider that rewards people for positive lifestyle choices – a key element of our Shared-value model. With 1.4m UK members and more than 25m globally, we’re out to make the world a healthier, happier place. This applies as much to our people as it does to our members. #LI-Hybrid
Working for Vitality, you'll experience an exciting mix of creativity and innovation, within a framework of challenging objectives and a passion for delivering the best. We think work should be fun and sociable, and we want our people to get the most out of every day. Our people are chosen for their skills, knowledge, enthusiasm and attitude but above all, their belief that anything can be achieved. Wherever possible, we will consider a variety of working options to suit your lifestyle, whether that be hybrid home/office working, flexible working and part or full time employment. It’s what we call offering shared values, because a healthy happy team is good for us, good for our members and good for you.
If you have any questions, please contact: .
 
Find out why people love being part of the Vitality Team
 
We do reserve the right to close this advertisement early if we receive a high volume of suitable applications. If you are interested, please submit your application as soon as possible.

Skills Required

• English Fluency