Senior Actuarial Manager (Head of Life Reinsurance)

Overview

In this role you will lead Life reinsurance arrangements for Vitality Life, shaping commercially effective solutions aligned with strategic objectives. You will influence senior decision-making and drive a high-performing team within a complex insurance environment. You’ll partner with reinsurance providers and challenge models to deliver robust, innovative outcomes. This is a mission-driven opportunity to advance shared-value insurance at scale and influence key business decisions.

Pay / Benefits

• Bonus schemes
• Pension up to 12% with 6% matched
• Vitality health insurance
• Life Assurance – four times annual salary
• Hybrid/flexible working
• Career development opportunities

Responsibilities

• Lead management and optimisation of Life reinsurance arrangements to support strategic and commercial goals
• Build and govern relationships with reinsurance partners and ensure implementation and administration meets required standards
• Apply actuarial judgment to review data, challenge models and develop innovative solutions
• Question assumptions and methodologies with robust, evidence-based justifications
• Assess risks, opportunities and commercial implications of proposed actuarial and reinsurance solutions
• Present clear actuarial insights to senior management to inform planning and decisions
• Anticipate future business needs and strengthen reinsurance arrangements and processes
• Set technical standards and coach actuaries and managers to foster capability growth
• Lead project teams and contribute to strategy, continuous improvement and high performance

Key requirements

• Fellowship of the Institute and Faculty of Actuaries or equivalent professional qualification, or substantial specialist experience

• Stakeholder Management & Strategic Influence
• Innovation & Learning Agility
• Proactive Problem Solving & Resilience
• Prophet
• SQL (complex queries)
• Python data-processing libraries

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