Actuarial Analyst

About The Role

Team – Pricing

Working Pattern - Hybrid – 2 days per week in the Vitality Bournemouth or London Office. Full-time hours apply.

We are happy to discuss flexible working!

Top 3 skills needed for this role:

• Strong Python & SQL Capability
• Practical Statistical Modelling
• Proven Data Analysis Skills

What this role is all about

We’re looking for an Actuarial Analyst to join our Health Pricing team and support the development of the statistical models that underpin our insurance premiums. Working with actuaries and data scientists, the role will use Python and SQL to analyse pricing data, monitor model performance and improve established processes. This is an opportunity to build practical experience across health insurance pricing while contributing to commercial performance.

What you'll be doing

• Support the rebuild and development of risk models using GLM and machine-learning approaches to claims frequency and severity
• Prepare, cleanse and validate data to ensure pricing analysis and modelling outputs are accurate and reliable
• Complete feature engineering, model validation and reasonability checks using established actuarial processes
• Monitor model performance through actual-versus-expected analysis, rating factor reviews and drift checks
• Identify changes in model performance and provide clear evidence where recalibration or further investigation may be required
• Support rate change impact analysis and prepare the data used for conversion and elasticity modelling
• Build simple statistical models and work effectively with existing models, documenting their assumptions, risks and limitations
• Automate manual Excel processes using Python, SQL and AI to improve the efficiency and consistency of pricing activity
• Present analysis clearly, keep stakeholders informed and collaborate with colleagues to resolve data or modelling issues
• Take ownership of work quality, deadlines and small analytical or automation projects with appropriate guidance

What do you need to thrive?

• A numerical degree or expected 2:1 or above in a relevant subject such as Actuarial Science, Mathematics, Statistics, Engineering, Computer Science, Physics or Economics
• Programming experience using Python, R or SQL gained through study, projects or work
• A sound understanding of statistics, ideally including regression analysis or GLMs
• Strong Excel, Word and PowerPoint skills
• A curious and analytical approach with the ability to challenge results and solve problems
• Confidence using AI tools to support analysis or coding while checking the accuracy of their output
• Clear written and verbal communication skills with the ability to work collaboratively

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 Us

We’re incredibly proud to be recognised for the culture we've created — recently being named one of Glassdoor’s Best Places to Work 2026, and in 2024 we were delighted to be awarded Top 10 Places to Work in the Sunday Times Awards.

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.

Plus, you get to join our 1.7+ million members with access to our unique health insurance and healthy living programme. Just to make sure you know our products inside and out.

Ready to find out if we’re the right fit for you? We can’t wait.

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Diversity & Inclusion

At Vitality, we’re committed to diversity and inclusion because it’s good for our employees, for our business, and for society. We welcome applications from individuals of all backgrounds, experiences, and perspectives.

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. #LI-Hybrid

If we are fortunate in receiving a high volume of quality applications we may need to close this vacancy early. If you are interested, please submit your application as soon as possible.