At a Glance
- Tasks: Support ORSA processes and Lloyd's validation with analytical expertise.
- Company: Dynamic insurance business focused on actuarial and risk management.
- Benefits: Gain valuable experience, work in a collaborative environment, and enhance your skills.
- Other info: Initial five-month contract with full-time commitment and potential for growth.
- Why this job: Make a real impact in the evolving insurance sector while developing your actuarial career.
- Qualifications: 2-3 years' actuarial experience and strong quantitative skills required.
The predicted salary is between 40500 - 49500 £ per year.
Location: London
Contract: 5 Months
Start Date: December 2026
Engagement: Inside IR35 – FTC or Day Rate
Miryco Consultants is working with a Lloyd's-focused insurance business that is looking to appoint an Actuarial Analyst on an initial five-month contract. This is an excellent opportunity for a part-qualified actuary with 2–3 years' experience to join an evolving business and support important actuarial and risk-related activities, particularly across ORSA and Lloyd's validation requirements.
The role will suit someone with a strong quantitative background, excellent analytical capabilities and the ability to work with complex data, assumptions and actuarial outputs.
The Opportunity
Working alongside the actuarial and wider risk teams, you will provide analytical support across the business's ORSA processes and Lloyd's validation activities. Key responsibilities will include:
- Supporting the preparation and development of ORSA-related analysis and documentation.
- Undertaking quantitative analysis to support actuarial and risk management activities.
- Assisting with Lloyd's validation requirements, including the preparation and review of supporting analysis and documentation.
- Working with actuarial data, assumptions and model outputs to ensure accuracy and consistency.
- Supporting the analysis of financial and risk information.
- Reviewing data and identifying inconsistencies, anomalies or areas requiring further investigation.
- Preparing clear analytical outputs and supporting documentation for internal review.
- Working closely with actuarial, risk and other stakeholders to support delivery against key deadlines.
- Contributing to wider actuarial and quantitative projects as required.
About You
We are looking for a technically strong and analytically minded actuarial professional who can quickly get up to speed and contribute within a demanding environment. Ideally, you will have:
- 2–3 years' actuarial experience, ideally working towards a recognised actuarial qualification.
- A strong quantitative, mathematical or statistical background.
- Experience working with actuarial models, data and financial analysis.
- An understanding of ORSA and/or insurance risk management would be advantageous.
- Exposure to Lloyd's, Solvency II / Solvency UK or actuarial validation processes would be beneficial.
- Strong Excel skills and experience working with complex datasets.
- Excellent analytical and problem-solving capabilities.
- Strong attention to detail and the ability to work accurately under pressure.
- Good written and verbal communication skills.
- The ability to work independently while collaborating effectively with a wider actuarial team.
Five-month initial contract. Full-time commitment of five days per week. Inside IR35. Engagement available through either a fixed-term employment contract or day-rate umbrella arrangement.
Why Apply?
This is a great opportunity to gain valuable experience across ORSA, Lloyd's validation and quantitative actuarial work within a developing insurance business. You'll work on important actuarial and risk activities, gain exposure to Lloyd's-related requirements and have the opportunity to make a tangible contribution from the outset. If you're a part-qualified actuary with 2–3 years' experience, strong quantitative skills and are available for a December start, we'd be keen to hear from you.
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 the client is unable to sponsor for this opportunity.
Actuarial Contractor – ORSA & Lloyd's Validation in London employer: Miryco Consultants Ltd
Miryco Consultants offers an exceptional work environment for the Analyst - Annuities Specialist role, located in the vibrant city of London. With a strong focus on employee growth and development, the company fosters a collaborative culture where you will gain invaluable experience across various functions within the financial services sector. Enjoy competitive benefits and the opportunity to contribute to a significant business launch, making this an ideal place for those seeking a meaningful and rewarding career in the insurance and retirement market.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Contractor – ORSA & Lloyd's Validation in London
✨Tap into Local Agencies
For temporary roles like the one at Miryco Consultants Ltd, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
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✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Miryco Consultants Ltd knows you can adapt quickly to their needs!
We think you need these skills to ace Actuarial Contractor – ORSA & Lloyd's Validation in London
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Miryco Consultants Ltd's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Miryco Consultants Ltd
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Miryco Consultants Ltd. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
