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
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