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Lockton · 1 day ago

Senior Actuarial Consultant

New York, NY

Full-time

Hybrid

Senior Level

6+ years exp

Lockton is a leading provider in the insurance and risk management sector, and they are seeking a qualified actuary to support their growth in the Northeast. The role focuses on providing exemplary service to clients' employee benefits plans, managing financial deliverables, and mentoring junior actuaries.

Auto InsuranceInsuranceRisk Management

Responsibilities

Serve as the financial lead, or strong support for the financial lead, on client engagements, which primarily include setting strategy, project management of financial deliverables and peer review/certification of results

Demonstrate success in client/prospect presentations and relationship building

Strategic thinking to harmonize financial initiatives with overall client benefits strategy

Financial modeling for employer group health plans including rate setting, contribution and plan design modeling, and risk management/stop loss strategies

Train/mentor general consultants and junior actuaries to grow financial acumen across the Northeast Series

Train and educate financial analysts and account team members on actuarial tools

Qualification

ASA/FSA credentialEmployer Health Benefits consultingFinancial modelingHealthcare marketplace knowledgeUnderwriting processesQuantitative analysisMicrosoft Products ExcelMicrosoft Products AccessMicrosoft Products VBACommunication skillsInterpersonal skillsOrganizational skillsProblem-solving skillsMentoring abilitySelf-motivation

Required

Credentialed ASA/FSA-track with 6-10 years of Employer Health Benefits consulting experience with particular emphasis on healthcare is required

Extensive experience in evaluating client needs and providing client service, preferably in a consultative or sales related profession

Knowledge of and experience with all aspects of the healthcare marketplace including plan design, pricing, IBNR reserves, experience projections, and administration

Demonstrated ability to meet internal and external deadlines while maintaining high quality standards

Ability to provide, where appropriate, clear direction or the ability to listen and incorporate the ideas of others

Willingness to train, mentor, and delegate to junior actuarial students

Firm understanding of underwriting processes, principles, and standards

Demonstrated commitment to serving clients and internal stakeholders while taking ownership of work product

Excellent quantitative, analytical, and problem-solving skills

Exemplary ability to compile, analyze, and interpret financial information and data to facilitate decision-making

Superior to excellent communication, interpersonal and organizational skills

High degree of self-motivation and creative problem solving

Advanced knowledge of Microsoft Products (Excel, Access, VBA)

Knowledge of SQL/Python/R, or desire to learn

Ability to travel for in-person client and team meetings when needed