Team - Actuarial Life
Working Pattern - Hybrid – 2 days per week in the Vitality London Office. Full time hours per week.
We are happy to discuss flexible working!
Top 3 skills needed for this role:
- Experienced IFRS17 & Life Valuation Reporting
- Advanced Life Insurance Actuarial Experience (EV/VIF/Reserving)
- Strong Prophet Modelling Expertise
What this role is all about:
We are looking for an Actuarial Manager to join the Life Valuations team, playing a key role in delivering high-quality financial reporting, valuation analysis and business insight. Working within Vitality Life's actuarial function, this position will be responsible for supporting critical reporting activities across IFRS and Embedded Value frameworks, providing robust analysis that helps shape business performance and strategic decision-making. The role offers the opportunity to apply advanced actuarial expertise, contribute to the development of valuation models and collaborate closely with stakeholders across the business within a growing and innovative life insurance environment.
Key Actions
- Lead the quarterly calculation and reconciliation of IFRS reserves, ensuring accurate and timely financial reporting across the business
- Deliver Embedded Value reporting activities including the calculation of VIF and VNB to support financial performance assessment
- Analyse movements in IFRS reserves and Embedded Value results, identifying key drivers and providing meaningful business insight
- Perform IFRS and EV sensitivity testing to assess financial impacts and support informed decision making
- Provide detailed P&L and balance sheet analysis, forecasting outcomes and highlighting trends affecting business performance
- Produce margin build-up analysis and contribute actuarial expertise to the development of five-year budget projections
- Prepare comprehensive reporting for Actuarial Committee meetings and present findings to support governance and oversight requirements
- Build effective working relationships with auditors, providing robust analysis, explanations and supporting documentation throughout the audit process
- Support the development, enhancement and maintenance of Prophet valuation models to ensure accurate and reliable reporting outputs
- Collaborate with stakeholders across the business, translating complex actuarial information into clear and actionable recommendations
What do you need to thrive?
- Qualified Fellow or nearly qualified member of the Institute and Faculty of Actuaries or equivalent
- Strong experience delivering actuarial valuation and financial reporting within a life insurance environment
- Proven experience of IFRS reporting with strong knowledge of IFRS17 requirements
- Advanced actuarial modelling capability including model development validation and assumption setting
- Experience analysing financial results and communicating complex technical findings to stakeholders
- Ability to work independently whilst managing multiple reporting deadlines and priorities
- Strong stakeholder management skills with experience supporting governance committees and audit requirements
- High levels of analytical thinking judgement and problem-solving within complex business environments
- Experience using Prophet and knowledge of SQL R Power BI or Embedded Value reporting would be advantageous
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.
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.
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.
