[Hiring] Actuarial Pricing & Reserving Consultant @24-MAG

Role Description

We are sharing a specialised part-time consulting opportunity for professionals experienced in actuarial pricing, reserving, rate indications, insurance modeling, and actuarial documentation workflows. This role supports current and upcoming remote consulting opportunities focused on structured actuarial analysis, pricing review, reserving workflows, rate filing support, reinsurance analysis, and high-quality project execution. Selected professionals will apply their actuarial expertise to review complex insurance scenarios, work with documented calculations, prepare structured written outputs, and support accurate, evidence-based actuarial project work.

Key Responsibilities

• Actuarial Reserving & Loss Analysis
  • Review actuarial scenarios involving loss development triangles, ultimate loss estimates, IBNR calculations, and reserving methodologies.
  • Work with structured reserving approaches such as chain-ladder, Bornhuetter-Ferguson, Cape Cod, or related methods.
  • Evaluate experience studies and documented actuarial outputs against defined requirements.
  • Support structured analysis of loss trends, development patterns, and expected results.
• Pricing, Rate Indications & Modeling
  • Review rate indication calculations involving target loss ratios, experience rating factors, pricing assumptions, and specified outputs.
  • Support pricing model refreshes and structured actuarial modeling workflows.
  • Prepare clear written explanations for actuarial pricing and rate-related decisions.
  • Evaluate actuarial calculations and exhibits using source materials and defined criteria.
• Rate Filing, Treaty & Documentation Support
  • Review rate filing exhibits, actuarial memoranda, treaty analyses, and supporting documentation.
  • Support reinsurance treaty analysis involving cession calculations and documented outputs.
  • Prepare structured review criteria based on verifiable actuarial facts and calculations.
  • Maintain accuracy, consistency, and professional judgment across submitted work.

Qualifications

• 3+ years of experience in P&C, life, health, or reinsurance actuarial work at a carrier, consultancy, reinsurer, or related insurance organization.
• Experience with one or more actuarial areas such as loss reserving, pricing, rate indications, experience studies, IBNR methodology, rate filing preparation, or reinsurance treaty analysis.
• Familiarity with actuarial methods such as chain-ladder, Bornhuetter-Ferguson, Cape Cod, experience rating, or related modeling approaches.
• Experience working with actuarial tools such as Arius, ResQ, Igloo, R, Python, Excel-based actuarial models, or similar tools.
• Comfort reading and preparing actuarial artifacts such as loss triangles, rate indication exhibits, filing memoranda, treaty analyses, and actuarial workpapers.
• Strong written communication skills and ability to explain actuarial reasoning clearly.
• Ability to follow structured instructions and produce evidence-based work.

Requirements

• A degree or professional background in actuarial science, mathematics, statistics, finance, economics, risk management, insurance, or a related quantitative field is helpful.
• Equivalent practical experience in actuarial pricing, reserving, insurance analytics, or reinsurance analysis is also highly relevant.

Benefits

• Apply actuarial pricing and reserving expertise to structured remote project work.
• Contribute to high-quality actuarial analysis, documentation review, and modeling workflows.
• Work on flexible, project-based assignments aligned with your professional background.
• Use your actuarial judgment in a focused, detail-oriented consulting environment.
• Remote structure with competitive hourly compensation.

Contract Details

• Independent contractor role.
• Fully remote with flexible scheduling.
• Part-time commitment depending on project availability.
• Competitive rates between $120–$160 per hour depending on expertise.
• Weekly payments via Stripe or Wise.
• Projects may be extended, shortened, or adjusted depending on scope and performance.
• Work will not involve access to confidential or proprietary information from any employer, client, or institution.