Are you confident in designing different types of statistical models for pricing?

We’ve been transforming Simplyhealth since 2014 and for the last 12 months we’ve really picked up the pace. Having recently come together as one Simplyhealth team, under one new brand we’re continuing to transform our business to reach our 2024 ambition, grow Simplyhealth and ultimately deliver our powerful purpose.

We’re now looking for an experienced Senior Actuary to join our support team and take responsibility for individual and corporate pricing for health insurance and related services, drawing upon strong commercial acumen and experience to drive actuarial projects forward in a multi-stakeholder environment.  

About The Role

A key aspect of this role is to both monitor and interpret the external market and regulatory environment, utilising the insight to develop and shape products and services that will drive the competitive advantage and sustain the relevance of the group portfolio.

You’ll work closely with our Chief Actuary and Executive Leadership team (including CFO) to ensure the continued development of the Board-approved underwriting policy and roadmap, participating actively in the appropriate pricing and product governance/product development committees 

Alongside your team of 5 experienced underwriting and pricing professionals, you’ll ensure a maintained and well-documented pricing processes, assisting in product development and own all pricing aspects of new products involving both insurance and non-insurance elements.

As a fully qualified actuary with heavy emphasis on health or other retail lines of general insurance business, you’ll be confident in facing into difficult conversations and openly encouraging of others to challenge their perspective.

Ideally you’ll have advanced SQL and Excel skills and proven experience in creating, implementing and applying statistical models such as GLMs or machine-learning model

To ensure your success, you’ll be a confident communicator and have experience of managing a team.

In Return

As well as a competitive basic salary you’ll receive:

• 36 days holiday (including 8 bank holidays) with an option to buy or sell a further 5 days
• Group annual bonus (discretionary) up to 7.5% of annual salary
• A pension scheme with 6% from us, a minimum 3% from you with the option to increase or decrease when you join. If you decide to contribute 4% or above we will add a further 4% which can be allocated in different ways
• A yearly company funded allowance of £500 that you can choose to use against some great benefits such as shopping vouchers, pet insurance, dental plans and more
• Simplyhealth core product choice: Cash plan or Dental plan
• 4 x Life Assurance

Our values are our behaviors driven by what we find important, the way in which we act or conduct ourselves towards others, and, the proof we are living our values. We look for the right values and behaviors in you, in addition to the skills needed to do the job.

Apply today #FindYourFuture