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(Senior) Longevity Modeller

Hybrid – UK based with an expectation to regularly visit office in central London or Glasgow (c. 2 days per week)

19 June 2024


Location: Hybrid – UK based with an expectation to regularly visit office in central London or Glasgow (c. 2 days per week)

Background

Club Vita is the leading longevity data analytics company servicing the UK, US and Canadian life insurance and pension risk transfer markets. Established in 2008 we lead the market in collecting and analysing detailed data on pension recipients – initially in the UK before expanding to Canada in 2015 and the US in 2019.

We are recognised thought leaders in longevity and have developed market leading analytics products including multivariate models of mortality/longevity and depersonalised data solutions based on data covering over 20m pension records.

We continue to experience 20%+ year on year revenue growth through an expanding international client-base and suite of data analytics products.

We are looking to recruit an enthusiastic individual to help grow our products and modelling assets team. This team has a strong focus on developing, calibrating and distributing models with a product mindset. The team thrives on generating commercially focussed enhancements and efficiencies.

The successful candidate with show strong technical acumen and the ability to work collaboratively within a team.

Role Description

As a team, we collect and process large amounts of pension scheme mortality data. We then use this data to build models and data products which are licensed by a wide range of pension schemes and insurers. Your role will initially involve:

  • Helping the team to maintain and enhance our existing suite of models and data products
  • Helping to design and develop new features or new products and/or apply existing capabilities to new markets
  • Building your understanding of the longevity and pension risk transfer domain with the support of our existing team of longevity specialists

Throughout your work the application of statistical knowledge to create commercially focussed solutions will be key.

You will work primarily with R to identify and develop sustainable, repeatable, solutions to problems. You will also engage with the team’s evolving modelling suite and digital platform to ensure the solutions you develop have wide application across our client base. This is likely to involve exposure to additional coding languages over time (e.g. Python).

The role will involve working with internal stakeholders across a range of statistical, actuarial and developer experience to develop your solutions.

We invest in the growth of careers withing Club Vita. We anticipate that your role will grow over time and could follow one of the following paths depending on your skillset and enthusiasms:

  • Working towards becoming an area expert on one of our key products and providing support to external users of that product
  • Owning one or more of our key modelling assets including supporting internal users of that asset and providing guidance on functional requirements to our specialist coding teams (which could include a role in developing production level code)
Key responsibilities will include:
  • Development and maintenance of longevity modelling and software suite including developing sustainable code for complex algorithms
  • Hands-on calibration of longevity models and publications to support our flagship products
  • Involvement in a range of innovative growth areas under guidance of product managers


Skills and Qualifications Required

Skills - critical:

  • Able to take initiative on projects and proactively seek guidance from more experienced colleagues
  • Collaborative team worker who is confident in mentoring less experienced members of the team
  • Extensive experience in data/analytical programming in R
  • Extensive experience in problem solving within the data and analytical space
  • Experience of working on complex projects to a strict deadline within a commercial environment

Skills - desirable:

  • Prior experience of applying longevity analytics in an insurance or pensions context desirable but not essential
Personal Characteristics
  • Great attention to detail
  • Excellent communicator, both to specialist and non-specialist stakeholders
  • Open-minded approach to platforms and software to support solutions
  • Ability to manage multiple competing deadlines
  • Ability to be pragmatic where required
  • Creative problem solver willing to leverage existing processes and tools
Applying for this position

Club Vita is committed to an inclusive, diverse, and accessible workplace. We encourage all interested applicants to submit a cover letter and resume to [email protected] for consideration.

We thank all applicants for their interest, but only those selected for the short list will be contacted.

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