Interim Actuarial Model Validation – IR35

Responsibilities

• Support the provision of Actuarial Risk management across the Benefact Group
• Run an annual ‘model outputs’ validation report including diversification benefit and comparison to standard formula
• Deep dive validation tests for targeted areas of risk
• Compile an Actuarial Function opinion on underwriting and pricing
• Independent review and challenge of business plan actuarial assumptions

• Proven experience in model validation / model risk / independent model review
• Strong background in General Insurance – pricing, reserving, or capital modelling
• Qualified actuary (FIA or equivalent) preferred but not essential depending on experience level
• Experience working with large datasets and performing quantitative analysis

Below are skills and terms extracted directly from this job posting to improve Applicant Tracking System (ATS) visibility. This unique feature helps candidates tailor their applications more effectively — a feature exclusive to Job Tailor job listings.

• model validation
• model risk
• independent model review
• quantitative analysis
• pricing
• reserving
• capital modelling
• actuarial assumptions
• diversification benefit
• actuarial function opinion

• FIA