Actuarial Manager (Health Pricing)

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

Job summary

A leading insurance firm in the UK seeks an Actuarial Manager to lead impactful pricing initiatives. This hybrid role involves building pricing models, managing risks, and translating insights for decision-making. The ideal candidate will have strong actuarial skills, relevant memberships, and experience in financial services. Competitive salary and benefits include a bonus scheme and health insurance. Join us to help redefine insurtech and support professional growth in a flexible environment.

Benefits

Bonus Schemes

Pension up to 12%

Health insurance

Life Assurance

Qualifications

• Fellowship or membership in actuarial institute.
• Experience in health or general insurance is preferable.
• Proficient in Python and data processing libraries.

Responsibilities

• Lead pricing initiatives aligned with business strategy.
• Build and maintain pricing models with clear explanations.
• Coach and support colleagues in the team.

Skills

Strong actuarial and analytical modelling skills

Actuarial judgement and commercial awareness

Excellent stakeholder communication skills

Knowledge of SQL

Experience with Power BI

Knowledge of Python

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

SQL Server Management Studio

Power BI

Job description

Team – Pricing - Actuarial

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

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
• Or 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 financial services, particularly in health or general insurance
• Knowledge of SQL, writing and editing complex queries to extract and process data, using SQL Server Management Studio
• Knowledge of Python and associated data processing libraries (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!

What we promise you if you join us at Vitality

• 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.