Interim Actuarial Model Validation - Inside IR35 Contract

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 are looking for an Interim Actuarial Model Validation Contractor to join us on an 8 week, Inside IR35 contract on a hybrid basis. As an Interim Actuarial Model Validation 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
• Ind...