About the Role<\/p>\n
\tThis is a commercially focused actuarial role for someone who wants to move beyond traditional reserving and valuation work and get their hands into the financial engine of a dynamic, fast-moving business. You will sit within the Vitality Actuarial team and play a central role in keeping the Vitality programme financially sustainable, optimising partner economics, and providing the quantitative rigour behind strategic business decisions.
\n\tWhat makes this team unique is proximity to impact. Vitality is an analytically led organisation \u2013 your models and analysis don\u2019t disappear into a queue; they become the basis for executive decision-making, partner negotiations, and product design. You will work closely with business stakeholders at every level, including directly with the CEO, and you will see the real-world consequences of your work manifest in the programme. Few actuarial roles offer this combination of commercial depth, strategic visibility, and direct line of sight to outcomes.
\n\tIf you\u2019re energised by understanding the financial dynamics of a business, identifying opportunities to improve unit economics, and working in an environment that is constantly changing and challenging \u2013 this role is built for you. The pace ensures continuous learning and growth; the complexity ensures you will never be bored.<\/p>\n
Key Responsibilities<\/p>\n
Financial Planning & Sustainability<\/p>\n
\tOwn and maintain Vitality\u2019s financial projection models, including annual budgets, rolling forecasts, and scenario analysis.
\n\tTrack actual vs. budget performance, investigate variances, and provide clear, actionable commentary to senior leadership.
\n\tModel the financial impact of product changes, pricing decisions, and engagement trends on the programme\u2019s overall sustainability.
\n\tSupport the development of long-term financial plans that balance member value with commercial viability. Partner Commercials
\n\tAnalyse the economics of Vitality\u2019s partner network (rewards, fitness, retail, travel, and device partners) to assess commercial sustainability and value exchange.
\n\tBuild and maintain models to evaluate partner deal structures, pricing, and renegotiation scenarios.
\n\tProvide data-driven input into partner negotiations, quantifying the value Vitality delivers and the cost of partner benefits.
\n\tMonitor partner utilisation and cost trends, flagging risks and opportunities early. Business Optimisation & Deep Dives
\n\tConduct forensic deep dives into cost drivers, revenue leakage, and engagement economics to identify optimisation opportunities.
\n\tAnalyse member behaviour at a granular level to understand the financial implications of engagement patterns, tier migration, and lapse.
\n\tWork cross-functionally with product, marketing, and engagement teams to quantify the ROI of initiatives and support prioritisation decisions.
\n\tPropose benefit enhancements and changes to improve ROIs
\n\tDevelop dashboards and reporting tools that give stakeholders real-time visibility into financial and operational performance. Actuarial & Strategic Support
\n\tContribute to the actuarial evidence base underpinning Vitality\u2019s shared-value model, including claims savings attribution and behavioural economics.
\n\tSupport ad hoc strategic projects as required by the Head of Vitality Actuarial, Chief Actuary, CFO, Head of Commercial or CEO.<\/p>\n
Requirements<\/p>\n
Qualifications<\/p>\n
\tNewly qualified actuary (FASSA or equivalent international qualification).
\n\tStrong academic track record.<\/p>\n
Experience<\/p>\n
\tActuarial student experience in a financial, commercial, or consulting environment preferred (health insurance, life insurance, banking, or consulting).
\n\tExposure to budgeting, financial modelling, or commercial analysis is advantageous.
\n\tExperience working with large datasets and translating data into business insights.<\/p>\n
Technical Skills<\/p>\n
\tAdvanced Excel modelling skills (essential).
\n\tProficiency in SQL and Python is advantageous
\n\tExperience with BI\/visualisation tools (Power BI, Tableau, or similar) is a plus.
\n\tComfortable building models from scratch and stress-testing assumptions.<\/p>\n
Attributes We\u2019re Looking For<\/p>\n
\tCommercially minded: You think in terms of business outcomes, not just actuarial outputs.
\n\tCurious and tenacious: You love pulling at threads until you understand what\u2019s really driving the numbers.
\n\tClear communicator: You can distil complex financial analysis into crisp narratives for non-technical stakeholders.
\n\tOwnership mentality: You take accountability for your work and proactively flag issues and opportunities.
\n\tCollaborative: You thrive working across teams \u2013 product, commercial, engagement, and finance \u2013 not just within an actuarial silo.
\n\tThrives on change: You\u2019re energised, not unsettled, by a business that constantly evolves and challenges the status quo.<\/p>\n
go to method of application \u00bb<\/p>\n
Apply via company website ( ) or<\/p>\n
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