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Reinsurance Actuary

3 weeks ago

London, Greater London, United Kingdom Lockton Companies Full time

Lockton Re helps businesses understand, mitigate, and capitalize on risk. We're pushing the reinsurance industry forward with smarter solutions that leverage new technologies – delivered by people empowered to do what's right for clients. Our success has seen the business grow to a headcount of more than associates globally across 17 locations.

We're the reinsurance business of Lockton Companies, the world's largest privately-held insurance broker. Fierce independence frees us to deliver an exceptional client service experience, unencumbered by pressure from financial markets, geographical divides or silos, or conflicts of interest between organisational goals and our clients' needs.

As a part of our continued growth, and in line with the principle of being born digital, Lockton Re's Analytics team are currently looking for an experienced actuarial professional to join our already well-established London team.

Role Description

  • Join a collegiate Analytics team covering multiple lines of business, including Property, Marine and Energy, Casualty, Cyber, Terror and PV, Credit and Political Risk, Contingency and Aviation.
  • Work in multi-disciplinary teams - comprising brokers, actuaries, catastrophe modellers and other professionals - to provide high quality advice to clients.
  • Advise clients on their inwards portfolio risks and on potential reinsurance strategies to achieve their financial and risk mitigation objectives.
  • Use actuarial analysis and commercial experience to inform benchmark reinsurance pricing and to structure and evaluate complex reinsurance and retrocession programmes.
  • Communicate very effectively and tailor content to suit audiences with varying levels of knowledge.
  • Engage in analytical discussions with reinsurers to support reinsurance placement.
  • Develop relationships with brokers, clients and reinsurers.
  • Assist projects to improve processes and develop new tools and innovative analyses.
  • Check the work of other team members.

As well as relevant Actuarial experience, some traits we will be looking for in the successful candidate include:

  • Self-motivated, proactive and collaborative.
  • Strong analytical and problem-solving skills and attention to detail.
  • Excellent communication skills, both written and oral.
  • Work on several projects concurrently.
  • Manage expectations of colleagues and clients.

This is an excellent opportunity to accelerate your actuarial career with Lockton Re, within a dynamic, collaborative and entrepreneurial environment. You will benefit from professional development support, and opportunities to work in a team of diverse skill-sets and expertise.

In return Lockton Re remain committed to recognising and sustainably rewarding Associates. empowering you to put your clients and their business first.

We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our Associates are our greatest asset.