Actuarial Contractor – Capital & Validation

Actuarial Contractor – Capital & Validation

Location: London

Contract: 3 Months

Start Date: December 2026

Working Pattern: Full-time (4 or 5 days per week)

Engagement: Inside IR35 – FTC or Day Rate

Miryco Consultants is working with a Lloyd's-focused insurance business that is looking to appoint an experienced Actuarial Analyst on an initial three-month contract.

This is an excellent opportunity for an actuarial professional with 4–5 years' experience to support important capital, validation and risk-related activities within a developing insurance business.

The role will suit someone with a strong quantitative background who also understands the wider risk implications of actuarial analysis. Experience across capital modelling, actuarial validation or insurance risk management would be particularly advantageous.

The Opportunity

Working alongside the actuarial and wider risk teams, you will provide quantitative and technical support across a range of capital and validation activities.

Key responsibilities will include:

• Supporting capital-related analysis, modelling and assessment activities.
• Contributing to actuarial validation work, including the review of assumptions, methodologies and model outputs.
• Undertaking quantitative analysis to support the assessment and understanding of financial and insurance risks.
• Reviewing actuarial models, data and calculations to assess accuracy, consistency and reliability.
• Analysing model outputs and identifying potential issues, inconsistencies or areas requiring further investigation.
• Supporting stress and scenario analysis to assess the impact of different risk exposures.
• Preparing clear analytical outputs, supporting documentation and reports for internal review.
• Working closely with actuarial, risk and other stakeholders to ensure key deliverables are completed accurately and on time.
• Contributing to wider capital, risk management and regulatory projects as required.

About You

We are looking for a technically strong actuarial professional with excellent quantitative skills and a good understanding of insurance risk.

Ideally, you will have:

• 4–5 years' actuarial experience, with a recognised actuarial qualification either achieved or in progress.
• A strong quantitative, mathematical or statistical background.
• Experience working with actuarial models, data and financial analysis.
• An understanding of capital modelling, capital assessment or insurance risk management.
• Exposure to actuarial validation processes, ideally within an insurance or Lloyd's environment.
• Experience reviewing model assumptions, methodologies and outputs.
• Strong Excel skills and experience working with complex datasets.
• Excellent analytical and problem-solving capabilities.
• A good understanding of the relationship between actuarial modelling and wider business risk.
• Strong attention to detail and the ability to work accurately under pressure.
• The ability to work independently while collaborating effectively with a wider actuarial and risk team.

A fully qualified actuary would be ideal, although strong part-qualified candidates with relevant capital and validation experience will also be considered.

• Initial three-month contract.
• Full-time commitment of four or five days per week.
• Contract structure and engagement arrangements to be confirmed.
• Engagement available through either a fixed-term employment contract or day-rate umbrella arrangement.

Why Apply?

This is a great opportunity to work on important capital, actuarial validation and quantitative risk projects within a developing Lloyd's-focused insurance business.

The role offers exposure to technically interesting work and the opportunity to contribute directly to important actuarial and risk deliverables.

If you're an actuary with 4–5 years' experience, strong quantitative skills and exposure to capital or validation work, we'd be keen to hear from you.

For similar opportunities, follow Miryco Consultants on LinkedIn at https://www.linkedin.com/company/miryco-consultants-ltd/.

Please note, should you not be contacted within ten working days of submitting your application, unfortunately you have not been shortlisted for this position.

Please note our client can provide visa sponsorship for this opportunity