Insurance Contract Jobs in Birmingham
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149 Contract jobs sorted by:
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6 Month Fixed Term Contract Project Manager (Regulatory & Compliance) - London M...
Posted 3 days ago by Michael James Associates
6 Month Fixed Term Contract Project Manager - London Market Insurance, The City, LondonMy client, a London Market insura...
- Rate Not specified
- Category Fixed-Term
- Work type Not specified
- Location The City, London
Senior Reinsurance Specialist (12 Months FTC)
Posted 3 days ago by AXA
Ceded Reinsurance - Senior Reinsurance Specialist (12 Month FTC)AXA XL is an Equal Opportunity Employer.London, England,...
- Rate Not specified
- Category Not specified
- Work type Not specified
- Location City of London, England, United Kingdom
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12 Month Fixed Term Contract Project Manager - London Market Insurance, The City...
Posted 4 days ago by Michael James Associates
12 Month Fixed Term Contract Project Manager - London Market Insurance, The City, LondonMy client, a London Market insur...
- Rate Not specified
- Category Fixed-Term
- Work type Not specified
- Location The City, London
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About Our Insurance Contract Roles in Birmingham
What does a insurance contractor do?
The insurance sector is a significant and specialist contracting market in the UK, engaging professionals across actuarial, technology, data, finance, risk, compliance, and change management disciplines on a fixed-term basis to support Lloyd's of London, the London Market, retail insurance, life and pensions, and the wider specialty insurance ecosystem. Insurance contractors are brought in during regulatory change programmes, technology modernisation projects, actuarial workload peaks, claims transformation initiatives, and when specialist knowledge of insurance products, regulation, or market practice is needed quickly for a defined project. The concentration of insurance activity in the London Market, combined with the specialist regulatory environment governed by the PRA and the FCA, creates a distinct and active contracting market with its own rate dynamics and talent pools.
The skills most valued in insurance contracting reflect the technical complexity and regulatory intensity of the sector. Actuarial contractors need qualification with the Institute and Faculty of Actuaries alongside practical experience in the relevant discipline, whether pricing, reserving, capital modelling, or longevity. Technology contractors working in the Lloyd's and London Market need familiarity with the ACORD messaging standards, Lloyd's Blueprint 2 digital transformation programme, and the complex legacy systems that underpin market operations. Compliance and regulatory contractors need deep knowledge of Solvency II, the FCA's ICOBS and PROD rules, and the specific governance and reporting requirements that apply to insurers and Lloyd's managing agents. Finance contractors benefit significantly from experience with insurance-specific accounting treatments including IFRS 17.
What is the market like for insurance contractors?
Insurance contracting in the UK is a consistently active specialist market, concentrated primarily in London but with significant activity in regional centres including Norwich, Edinburgh, and Cheltenham. Lloyd's of London and the London Market continue to generate substantial contractor demand across actuarial, technology, and change management disciplines, particularly as the Blueprint 2 digital transformation programme continues to drive significant change across the market. The implementation of IFRS 17 has been a major source of finance and actuarial contract demand in the insurance sector over the past two years. Rates in insurance contracting reflect the specialist sector knowledge required and are generally at a premium above equivalent roles in other financial services subsectors.
What is the contracting market like in Birmingham?
HSBC's UK headquarters, alongside substantial operations from other major banks and insurers, anchors Birmingham's position as the UK's second largest commercial centre for contractor demand. HS2 and wider infrastructure investment across the West Midlands have added a layer of construction, engineering, and programme delivery work that is expected to persist for several years. Central government departments with Birmingham offices, including HMRC and the Home Office, contribute a steady volume of digital, project, and operational delivery roles. The city offers a broad spread of contracting disciplines rather than concentrating in one sector, which makes it resilient to downturns in any single industry. Disciplines tied to infrastructure and construction can command premiums where specialist experience is scarce, even as rates for more general roles sit comfortably below the capital.
How much do insurance contractors usually earn in Birmingham?
Contract rates for insurance roles in Birmingham typically range from £450 to £850 per day, depending on the scope of the role, required expertise, and the delivery expectations of the engagement.
How many insurance vacancies in Birmingham are there on Quality Contracts?
Over the past twelve months, we have tracked over 230 insurance contract roles across the site, with Birmingham representing a strong share. Data reviewed up to July 2026.