Vitality
,
London, Greater London
Valuation Actuary
Overview
Vitality, Valuation Actuary, London, £Competitive Bonus Benefits We’re the UK insurer and investment provider that rewards people for positive lifestyle choices. With 1.25m UK members and more than 25m globally, we’re out to make the world a healthier, happier place. That applies as much to our people as it does to our members. So, as well as a highly competitive pay package, you’ll enjoy complimentary breakfasts; regular onsite physical and mental wellness workshops; on-site health checks; annual flu jabs and access to our full range of partners and rewards. It’s what we call offering shared value, because a healthy, happy team is good for us, good for our members and good for you. As our Valuation Actuary, you’ll get the benefits our members enjoy, including - Our award-winning private Vitality Health insurance wellness incentive programme - The Vitality Programme – Apple Watch, Ocado, Garmin, Champneys Spa days, half price gym memberships, Disney Store discounts to name a few - Personal health fund Life Assurance - Stakeholder Pension Plan with employer contribution - 25 Days annual leave Bank holidays option to buy and sell 5 more. - Flexible benefits package - Internal incentives, competitions and awards – a chance to win football and sports tickets or even be in with a chance to have a holiday of a lifetime - A genuine opportunity to grow and establish a long-term career Responsibilities as our Valuation Actuary include: - Add value to the strategic decision making within VitalityLife through the analysis of actuarial experience, trends, profitability drivers and capital requirements - Interact closely with other companies within the group and its parent company, Discovery - Ensure alignment of VitalityLife’s strategy to the wider group - Understand and communicate the financial impact of shared value insurance for VitalityLife - The team is also the custodian of the life Prophet valuation model and responsible for methodology and modelling changes and new product modelling - Monthly experience reporting and monitoring To become our Valuation Actuary, you will have the below skills and experience: Essential - Prophet and DCS modelling knowledge is essential and should be proficient with MS Office - In-depth experience of how a shared value model is allowed for in actuarial valuations - Working in the life industry with reporting function experience for protection business - Communicate effectively within the team and to other teams across the business - Liaise with auditors in the UK and South Africa - Contribute to valuation, experience and EV reports - Understand the actuarial dynamics of shared value insurance and wellness programmes and how these are allowed for in actuarial valuations - Work under pressure and within a dynamic and changing environment - Prophet and DCS modelling knowledge is essential and should be proficient with MS Office Desirable - Experience in producing experience analyses - Experience in segmental reporting of the business, and across different reporting periods - SQL knowledge will be an advantage Working for Vitality you'll experience an exciting mix of creativity and innovation, within a framework of challenging objectives and a passion for delivering the best. Our people are chosen for their skills, knowledge, enthusiasm and attitude but above all, their belief that anything can be achieved. Closing Date: Wednesday 25th March 2020 If you feel you have the skills and experience to become our Valuation Actuary, thenplease click ‘ apply’ today. This job was originally posted as www.totaljobs.com/job/89672629