Senior Reinsurance Actuary

1 day ago

London, Greater London, United Kingdom Lockton Full time

Your Responsibilities
Lockton Re forms part of one of the world's largest privately-owned Brokers, with a structure and ownership that allows its teams to focus on delivering the best possible service to its clients. This exceptional service has seen Lockton Re grow to more than 350 colleagues globally across 17 locations.

One of the Lockton Re's founding principles is that it is 'Born Digital' and the value we place on analytics lies at the heart of this. With this Senior Actuary role, the team is seeking an experienced Casualty Actuary to join the team in a role that will have close interactions with brokers and clients alike.

The role will see the successful candidate deploy their actuarial expertise and creative analytics to advise clients on risk management strategy and reinsurance purchasing decisions - advocating for superior outcomes with markets, working as an integral part of the broking team. The role is closely aligned within the Lockton Re International Property & Casualty division, though will have exposure across the business in a relationship-driven, non-hierarchical, service-focused environment.

Key tasks and duties for this role will include:

  • Use Actuarial techniques to analyse a client's portfolio(s) to provide quantitative and qualitative understanding of the loss exposure and inherent volatility
  • Assist both reinsurance placements and pitching for new business
  • Assist with the expansion the Lockton Re analytical toolkit; working with the wider team across the company to provide thought leadership on existing and new methodologies
  • Build and maintain relationships both internally and externally with clients and markets
  • Proactively support other senior actuaries and invest in the technical and professional development of analysts across the team

Qualifications

  • FIA preferable
  • Excellent knowledge of actuarial techniques and methodologies, ideally relating directly to Casualty-specific reinsurance
  • Ability to clearly communicate methodologies, outputs and limitations internally and externally, to both technical and non-technical audiences
  • Ability to build positive and effective working relationships with stakeholders to deliver the best outcomes for our clients
  • Coding skills preferable though not required

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