Health Pricing Actuarial Analyst (Hybrid, Flexible)

Vitality; Greater London; Hybrid; GBP 50,000 - 60,000; Full time

Benefits offered by this job

Bonus schemes

Pension

Health insurance

Life assurance

Job summary

Vitality is seeking an Actuarial Analyst to join our Health Pricing team. You will develop statistical models underpinning insurance premiums, using Python and SQL to analyse pricing data, monitor model performance and enhance regional pricing processes.

You will work with actuaries and data scientists to deliver robust pricing solutions, support model validation, automation, and clear stakeholder communications while contributing to commercial performance.

Qualifications

• Numerical degree or 2:1 in a relevant subject.
• Programming experience with Python/SQL/R.
• Solid understanding of statistics incl. regression/GLMs.
• Strong Excel/Office skills.
• Ability to communicate clearly.

Responsibilities

• Support rebuild and development of risk models using GLM and ML for claims frequency/severity.
• Prepare, cleanse and validate data for pricing analyses and modelling outputs.
• Perform feature engineering, model validation and reasonability checks.
• Monitor model performance via actual-vs-expected analyses and drift checks.
• Identify changes in model performance and advise on recalibration or further investigation.
• Assist rate-change impact analysis and data for elasticity modelling.
• Build simple statistical models and document assumptions/risks.
• Automate Excel processes using Python/SQL and AI to improve efficiency.
• Present analysis and keep stakeholders informed; collaborate to resolve data issues.

Skills

Python

SQL

Statistics

Data analysis

Education

Numerical degree or 2:1 in Actuarial Science/Mathematics/Statistics/Engineering/CS/Physics/Economics

Tools

GLM

Machine Learning

Job description

Vitality is seeking an Actuarial Analyst to join our Health Pricing team. You will develop statistical models underpinning insurance premiums, using Python and SQL to analyse pricing data, monitor model performance and enhance regional pricing processes.

You will work with actuaries and data scientists to deliver robust pricing solutions, support model validation, automation, and clear stakeholder communications while contributing to commercial performance.