Lockton · 2 weeks ago
Senior Actuarial Consultant- Employee Benefits Analytics and Insights
Lockton is seeking a Senior Actuarial Consultant to deliver expert actuarial guidance and strategic financial analysis for a portfolio of large market clients. In this client-facing role, you will lead the development and presentation of advanced actuarial models, advise on employee health benefits strategy, and ensure the highest standards of accuracy and client service.
Auto InsuranceInsuranceRisk Management
Responsibilities
Serve as a consulting actuary for a portfolio of clients; synthesize insights, advise on plan design, funding, risk/stop loss strategies, and multi year benefits financial strategy
Develop and present financial models for employer health plans, including rate setting, contribution and plan design modeling
Advise clients on plan design, pricing, funding strategies, reserves, underwriting principles, and stop loss, to align with overall benefits strategy. Evaluate and recommend risk management and stop loss coverage strategies
Conduct benchmarking, trend analysis, forecasting, and scenario modeling to support client decision-making. Conduct reserve calculations and certify actuarial results for assigned clients
Compile, analyze, and interpret financial information and data to facilitate client decision-making and executive-level storytelling with data
Support actuarial team members on clients where not directly assigned, providing peer review, technical guidance, and subject matter expertise
Participate in prospect meetings to support converting opportunities into clients
Collaborate with internal teams to innovate actuarial approaches and contribute to continuous improvement of analytics offerings
Ensure deliverables meet established standards for accuracy, clarity, and alignment with client objectives
Maintain up-to-date knowledge of healthcare marketplace trends, regulations, and actuarial best practices
Qualification
Required
Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Data Science, or related field; advanced degree a plus
Familiarity with actuarial concepts and review practices; ASA/FSA credential required
6-10+ years in employee benefits analytics/financial consulting, health actuarial consulting, or closely related domains
Demonstrated success advising large, complex employers (5,000+ employees) on plan design, pricing/funding strategies, reserves, underwriting principles, and stop loss
Deep fluency in benefits financial modeling (rate setting, contribution modeling, trend/variance analysis, forecasting), benchmarking, and executive level storytelling with data
Proficiency with advanced Excel; working knowledge of statistical/analytical tools and BI visualization (e.g., Power BI/Tableau)
Executive presence with strong verbal, written, and presentation skills; comfortable with prospects and C suite audiences
Ability to attend in-person client, company, department, and team meetings as required, including industry training sessions
Ability to work on a computer for a prolonged amount of time
Ability to travel by automobile and aircraft
Ability to comply with all company policies and procedures, proactively protecting the confidentiality of client and company information
Ability to work outside of normal business hours as needed
Legally able to work in the United States
Benefits
Medical
Dental
Vision
401k plus match
Life
Salary continuation
Long-term disability
Wellness program
Flexible spending accounts
Legal benefit
Identity theft protection
Accident insurance
Critical illness
Hospital indemnity
Pet insurance
Mental health benefits
Company
Lockton
Lockton provides risk management and insurance services.
Funding
Current Stage
Late StageRecent News
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2025-09-23
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2025-04-19
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