Entry level contract opportunity (actuarial modeling)

[Whorty]

My notice period is 1 month. It is actually very low rate for this field. Actuarial contracts usually go £800-£1400/day but require more experience and qualifications.

I was going to say something similar. I worked with actuarial contractors back in 2008 and they were on £900+ then. If this first role gets your feet under the table, then it may be low for your skills, but you can treat that first 6 monther as a 'training' role. So long as you can afford to come over, find somewhere to stay etc then give it a go. What's the worse that can happen?

[hungry_hog]

The rate is decent for contracting but low for actuarial roles

As you say however you are inexperienced and therefore I would say it is a good starting point

Depending on your other options you could take this, build up your experience and look to increase that day rate fairly quickly.

Good luck!

[kryten22uk]

... Should I take it? ...

What a question! So many factors, most of them personal choice. But basically, its absolutely not 'worth it' to quit your 'well paid job' simply in respect of this single 6mth contract. However, if you like the idea of the ups and downs, stabilities and instabilities of contracting, then sure, give it a shot.

As others have said, £400 is on the low side for actuarial modellers, but then at only 1.5yrs experience, you really know naff-all, and stand a decent chance of extended periods on the bench.