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Senior Actuarial Analyst

3 months ago

London, Greater London, United Kingdom Lockton Full time
Job details

General information

Reference

Vacancy location
Location

United Kingdom, London, London
Work Place

Hybrid
Region

UK
Vacancy details
Job Profile

Lockton - Experienced Professional
Title

Senior Actuarial Analyst - Property
Description

As a Senior Actuarial Analyst you will work as part of the Risk Practices division to support our strategy to enhance Lockton's use of analytics. You will support all divisions of Lockton giving you access to a wide variety of technical product lines & projects.

Recent team assignments include;
  • Working with the broking teams on client pricing work including using and adapting pricing models
  • Working with our client facing teams to build solutions for client questions or RFP's using actuarial or data science techniques
  • Building apps to support client risk management - recent examples include benchmarking limits, risk calculations, comparing deal structures
  • Catastrophe and Natural Catastrophe modelling
Role Responsibilities:
  • Working with the Property broking teams to understand client needs and provide technical pricing input and where required, engage with Actuaries from Insurers to challenge their pricing assumptions, models and results
  • Reviewing the Property products and models and updating or adapting where required
  • Build new pricing models and update / adapt existing models
  • Undertake catastrophe modelling using RMS and/or AIR
  • Provide analytical model building support, such as Aggregate Loss Projections
  • Writing reports on the analytical data and model outputs to assist with commercial decision making
  • Provide actuarial and analytical support to business development opportunities and RFP requests
  • Support the development of new products, initiatives and sales materials
Candidate Profile

Candidate Profile
  • You will be a part qualified Actuary with proven experience in General Insurance or Lloyd's Market Insurance
  • Previous experience of working in Property or property related business lines
  • Proven ability to use RMS and/or AIR modelling
  • Proven experience of using R and R Shiny combined with strong Excel skills