Senior Health Pricing Actuary & Modelling Leader

Vitality; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Bonus schemes

Pension up to 12%

Vitality Health Insurance

Life Assurance

Job summary

Vitality is seeking a Senior Actuarial Manager to shape health pricing strategy and strengthen technical pricing capability. This is a senior, hands-on role responsible for developing complex risk, demand, elasticity and technical rate models, advancing price optimisation and guiding pricing innovation for sustainable growth.

The role leads specialist actuarial talent, influences senior stakeholders and turns complex analysis into commercially effective decisions that support retention and

Qualifications

• Qualified actuary with FIA or equivalent qualification or substantial pricing experience.
• Significant pricing experience in health or personal lines general insurance.
• Hands-on modelling using GLMs and machine learning (GBMs).
• Strong understanding of price optimisation and how models inform pricing.
• Track record of modelling innovation with business impact.
• Ability to present complex work to senior stakeholders and governance forums.
• Proven ability to influence across commercial, operational and technical teams.
• Strong prioritisation and time-management for long-term development and urgent deliverables.
• Experience leading actuarial/pricing specialists and familiar with experimental design, pricing software, SQL, Python or Power BI.

Responsibilities

• Lead development of risk, demand and price models for health insurance products (GLMs and ML).
• Develop and scale price optimisation frameworks and live pricing processes.
• Design and analyse price tests to improve pricing performance.
• Set roadmap for demand modelling and price testing based on commercial value.
• Deliver innovations improving growth, retention and margin.
• Present risks, opportunities and technical work to governance forums.
• Lead projects across technical, commercial and operational teams.
• Manage and develop a small specialist actuarial team through coaching and knowledge sharing.

Skills

Pricing expertise

Machine learning

GLMs

Demand modelling

Price optimisation

Stakeholder influence

Experiment design

SQL

Python

Power BI

Education

FIA or equivalent qualification

Tools

SQL

Python

Power BI

Job description

Vitality is seeking a Senior Actuarial Manager to shape health pricing strategy and strengthen technical pricing capability. This is a senior, hands-on role responsible for developing complex risk, demand, elasticity and technical rate models, advancing price optimisation and guiding pricing innovation for sustainable growth.

The role leads specialist actuarial talent, influences senior stakeholders and turns complex analysis into commercially effective decisions that support retention and