Senior Actuary - Alternative Risk Solutions & Analytics in City of London
Senior Actuary - Alternative Risk Solutions & Analytics

Senior Actuary - Alternative Risk Solutions & Analytics in City of London

City of London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead client analytics projects and mentor junior actuaries while delivering high-quality insights.
  • Company: Join a market-leading firm known for its innovative analytics solutions.
  • Benefits: Competitive salary, professional development, and opportunities to shape the future of analytics.
  • Why this job: Make a real impact in a fast-growing analytics function and influence industry standards.
  • Qualifications: 5+ years in actuarial roles, strong communication skills, and a passion for innovation.
  • Other info: Dynamic environment with opportunities for career advancement and personal growth.

The predicted salary is between 48000 - 72000 £ per year.

A senior, client facing and developmental actuarial role to strengthen & grow an existing, market leading & fast-growing Analytics function. This is an exciting role that will require a high degree of self-motivation and the ability to effectively manage multiple client and development projects, including coaching and mentoring other analysts within the team, while delivering outstanding analytics to our clients and helping realise and shape Lockton Europe’s analytics vision and strategy. This role provides a unique opportunity to help shape and influence the future of Lockton’s analytics capabilities.

Description:

  • Lead ‘day to day’ client analytics projects to support the delivery of client work to high quality technical and presentational standards including developing junior actuaries.
  • Define, develop & build and / or import of analytics tools & capability that support our clients that establishes a ‘Lockton Way’ of analytics delivery in Europe.
  • Review other analysts’ work, ensuring high quality and consistent output as well as compliance with technical actuarial standards.
  • Build and maintain strong relationships with internal and external clients whilst promoting team capabilities that actively seek value creating client work.
  • Support definition, delivery and monitoring of technical actuarial standards and development including formal training and talent development.
  • Supporting brokers by engaging with insurers actuaries to challenge results when necessary.
  • Provide analytical model building support using frequency / severity approaches to build Aggregate Loss Projections.
  • Deliver high quality and impactful reports for client projects.
  • Provide content during new business opportunities.

Candidate profile:

  • At least 5 years of experience as an actuarial analyst / actuary at an insurer or broker in a pricing role.
  • Passed a minimum of 7 of the Institute and Faculty of Actuaries (IFoA) exams.
  • A thorough understanding of the insurance industry including market factors that affect pricing approaches.
  • Excellent communication skills including presenting to clients with varying levels of technical competency.
  • Intellectual curiosity / entrepreneurial mindset to support tool / platform development.
  • Sound professional judgement and strong governance mindset, including peer review and quality assurance of pricing work.

Senior Actuary - Alternative Risk Solutions & Analytics in City of London employer: Lockton

Lockton Europe is an exceptional employer that fosters a dynamic and collaborative work culture, where innovation and professional growth are at the forefront. As a Senior Actuary in our fast-growing Analytics function, you will not only lead impactful client projects but also have the opportunity to mentor junior analysts, enhancing your leadership skills while contributing to our analytics vision. With a commitment to employee development and a supportive environment, Lockton offers a unique platform for actuaries to thrive and make a meaningful impact in the insurance industry.
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Contact Detail:

Lockton Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuary - Alternative Risk Solutions & Analytics in City of London

✨Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field, especially those at Lockton or similar firms. A friendly chat can lead to insider info about job openings and even referrals.

✨Tip Number 2

Showcase your skills! Prepare a portfolio of your past projects and analytics work. When you get that interview, having tangible examples will help you stand out and demonstrate your expertise.

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors. Focus on articulating your experience and how it aligns with the role's requirements, especially around client-facing projects and team leadership.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.

We think you need these skills to ace Senior Actuary - Alternative Risk Solutions & Analytics in City of London

Client Management
Project Management
Coaching and Mentoring
Analytical Model Building
Aggregate Loss Projections
Technical Actuarial Standards
Communication Skills
Insurance Industry Knowledge
Pricing Strategies
Quality Assurance
Tool Development
Entrepreneurial Mindset
Intellectual Curiosity
Relationship Building

Some tips for your application 🫡

Show Your Passion for Analytics: When writing your application, let us see your enthusiasm for analytics! Share specific examples of projects you've led or contributed to, especially those that align with our vision at Lockton. This will help us understand how you can fit into our fast-growing Analytics function.

Highlight Your Client-Facing Experience: Since this role is client-facing, make sure to emphasise your experience in managing client relationships. Talk about how you've delivered high-quality analytics and reports to clients in the past, and how you’ve built strong connections with them.

Demonstrate Your Leadership Skills: We’re looking for someone who can coach and mentor junior analysts. In your application, mention any leadership roles you've had, whether formal or informal, and how you've helped others grow in their careers. This will show us you're ready to take on a senior role.

Tailor Your Application to Us: Make sure your application speaks directly to the job description. Use similar language and terminology to show that you understand what we’re looking for. And remember, applying through our website is the best way to get your application in front of us!

How to prepare for a job interview at Lockton

✨Know Your Numbers

As a Senior Actuary, you'll need to demonstrate your analytical prowess. Brush up on key actuarial concepts and be ready to discuss how you've applied them in past roles. Prepare specific examples of projects where you led analytics initiatives or developed tools that enhanced client delivery.

✨Showcase Your Leadership Skills

This role involves coaching and mentoring junior analysts, so be prepared to talk about your experience in leading teams. Think of instances where you've guided others, provided constructive feedback, or contributed to their professional development. Highlight your ability to build strong relationships within a team.

✨Communicate Clearly

Excellent communication is crucial, especially when presenting to clients with varying levels of technical knowledge. Practice explaining complex actuarial concepts in simple terms. You might even want to prepare a mock presentation to showcase your ability to convey information effectively.

✨Demonstrate Your Curiosity

An entrepreneurial mindset is key for this position. Be ready to discuss how you've approached tool or platform development in the past. Share your thoughts on emerging trends in the insurance industry and how they could impact analytics. This shows you're not just reactive but proactive in your approach.

Senior Actuary - Alternative Risk Solutions & Analytics in City of London
Lockton
Location: City of London
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  • Senior Actuary - Alternative Risk Solutions & Analytics in City of London

    City of London
    Full-Time
    48000 - 72000 £ / year (est.)
  • L

    Lockton

    1000+
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