Working hours:

35 hours per week, Monday to Friday

Duration:

8 week contract, possibility to extend (Inside IR35)

Location:

Gloucester

About The Role

Benefact Group is looking for an Interim Actuarial Model Validation Contractor to join on an 8‑week, Inside IR35 contract on a hybrid basis. As a contractor you will support the provision of Actuarial Risk management across the Benefact Group.

What You’ll Be Doing

• Internal Model validation
• Run an annual “model outputs” validation report which delves into metrics including diversification benefit and comparison to standard formula
• Deep dive validation tests for targeted areas of risk
• Events Not in Data (within Underwriting and reserving risk)
• Latent claims (within reserving risk)
• Liaison with business areas to compile an Actuarial Function opinion on underwriting and pricing
• Independent r...