Actuarial Manager (Life Experience and Assumptions)

Overview

As Actuarial Manager you will shape experience analysis and actuarial assumptions underpinning Vitality Life’s financial models and business decisions. You will own mortality, morbidity and persistency analysis, translating portfolio experience into robust assumptions. You’ll interact with senior stakeholders across Finance, Reinsurance, Pricing and Underwriting to influence decisions and improve actuarial insight. The role offers ownership, cross‑functional collaboration and a path to shaping financial outcomes in a supportive, values‑driven culture.

Pay / Benefits

• bonus schemes
• pension up to 12% (matching up to 6%)
• Vitality health insurance
• Life Assurance 4x salary
• flexible working options

Responsibilities

• Lead mortality, morbidity and persistency experience analysis and identify material trends with financial impact
• Own end-to-end process for setting, reviewing and maintaining actuarial assumptions with strong analysis
• Assess impact of assumption changes on reserves, capital, profitability and forecasts
• Maintain governance around actuarial assumptions with documentation and reporting
• Develop and enhance Prophet models ensuring robust, justified outputs
• Use data and market insight to challenge results and improve analysis quality
• Partner with Finance, Reinsurance, Pricing and Underwriting to provide actuarial insight on key decisions
• Present findings to senior stakeholders and governance forums with clear implications
• Drive improvements in models, reporting, data processes and automation
• Provide technical oversight and coaching to actuarial colleagues without formal line management

Key requirements

• Qualified or nearly qualified member of IFoA or equivalent
• Strong actuarial expertise with ability to interpret complex experience and recommend solutions
• Strong understanding of experience analysis, assumption setting and actuarial control cycle
• Ability to work independently on complex actuarial matters
• Strong modelling capability to build and document complex models
• Ability to translate actuarial information into commercially relevant recommendations
• Strong stakeholder management skills and ability to challenge and influence across the business
• Experience providing technical guidance or coaching to other actuarial professionals
• Experience with IFRS reporting, particularly IFRS 17, would be advantageous
• Experience with Prophet; knowledge of R, SQL or Power BI would be advantageous

• Stakeholder management
• Influence and challenge in governance forums
• Strong communication of complex analysis to senior audiences
• Prophet
• R
• SQL

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