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Actuarial Analyst

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Job details

General information

Reference

003738  

Vacancy location

Location

United Kingdom, London, London

Work Place

Hybrid

Region

UK

Vacancy details

Job Profile

Lockton - Experienced Professional

Title

Actuarial Analyst

Description

The primary purpose of the Actuarial Analyst is to work within Lockton’s Alternative Risk Solutions & Analytics team to support our strategy of providing Actuarial Analytics & Consulting to Lockton’s growing European Retail and Specialty business.  You would join an existing, market leading and fast-growing function that works across our entire business with exposure to a range of technical lines of business.  The exciting role will require a high degree of self-motivation and ability to effectively manage multiple tasks.  You will be involved in projects in a lead capacity and provide technical support to other analysts in our team as well as working closely with some of the world’s leading organisations as part of a wider client team.

Your responsibilities include:

  • Leading and reviewing various types of analytical projects 
  • Supporting brokers by engaging with insurers actuaries to challenge results when necessary 
  • Data cleansing, adjustment and processing 
  • Running financial analysis based on reported accounts 
  • Provide analytical model building support, such as Aggregate Loss Projections 
  • Provide report writing support for the above analytics 
  • Provide content during new business opportunities 
  • Applying technical skills to develop new products and sales materials 
  • Attending client and prospect meetings and leading the analytics component as required

Candidate Profile

You must have:

  • Extensive experience as an actuarial analyst at an insurer or broker 
  • Passed a minimum of 5 of the Institute and Faculty of Actuaries (IFoA) exams  
  • A thorough understanding of the insurance industry & experience in presenting to clients 

     

  • Experience with using data science techniques in a developing environment such as R Studio or Python 
  • Ability to compile, analyse, present, and interpret complex financial and statistical information 
  • Highly numerate with degree level mathematics / statistics qualification 
  • Advance user of Excel to utilise and build analytical models 
  • Experience with the use of analytical models in an insurance broking environment 
  • Up-to-date knowledge of the application of analytics and data in the insurance market 
  • Comfortable and confident presentational skills 
  • Familiar with recognised actuarial models for analysing general insurance data 
  • Good financial acumen with reasonable understanding of financial statements 

About The Position

Lockton is the world's largest privately held independent insurance brokerage. At Lockton, we are all about unlocking potential—your potential, our clients' potential, and ultimately our potential to deliver world-class service. If you're passionate about making a real impact and thriving in a culture where you truly belong, join us to make a difference.


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