Head of Vitality Life R&D

Team – Enterprise R&D LAB

Working Pattern - Hybrid – 2 days per week in the Vitality London Office. Full time, 37.5 hours per week. 

We are happy to discuss flexible working!

Top 3 skills needed for this role:

• Strategic product innovation
• Stakeholder influence and communication
• Cross-functional leadership

What this role is all about:

At Vitality, we're committed to continually evolving our products and propositions to meet the changing needs of our members. This is a rare opportunity to be at the centre of the research, development and innovation agenda for VitalityLife, shaping future product strategy, driving commercial growth and bringing new ideas from concept through to market delivery. As Head of VitalityLife R&D, you will provide strategic leadership across product development, pricing, implementation and innovation, while acting as a trusted adviser to senior stakeholders across the business.

Key Actions

•  Develop, own and deliver the VitalityLife R&D strategy
• Lead the conception, design and evaluation of new product structures
  
• Assess and model the financial impact of product propositions using actuarial judgement and validated assumptions
  
• Present recommendations to senior executives, including ExCo and strategic forums
  
• Own and produce end-to-end product specifications for implementation
  
• Be in charge of complex design and business definition workshops across digital, IT, operations and change teams
  
• Monitor product performance and identify opportunities for optimisation and strategic intervention
• Identify, evaluate and develop new business line opportunities
  
• Provide senior technical and commercial leadership across the organisation
  
• Lead and develop teams supporting product development and implementation activities

What do you need to thrive?

• Postgraduate degree in a quantitative subject and/or Qualified Actuary (FIA/FFA)
• Significant experience operating in a senior leadership capacity
• Experience developing and launching complex financial or insurance products
• Strong commercial acumen and strategic thinking capability
• Advanced Excel and data analysis skills
• Exceptional presentation and communication skills
• Ability to influence and question senior stakeholders effectively
• Experience of conducting cross-functional teams and complex business initiatives
• Strong analytical and problem-solving capability
• Experience working with life protection products
• Desirable experience using R, Python or SQL
• Experience within management consulting, strategy or technology-led environments

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.