Senior Actuary – Alternative Risk Solutions & Analytics
Senior Actuary – Alternative Risk Solutions & Analytics

Senior Actuary – Alternative Risk Solutions & Analytics

Full-Time 54000 - 84000 £ / 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 Lockton Europe, a market leader in 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 team environment with opportunities for career advancement and personal growth.

The predicted salary is between 54000 - 84000 £ 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.

Responsibilities:

  • 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 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.
  • Support 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 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, shaping the future of our analytics capabilities. With a commitment to high-quality standards and a supportive environment, Lockton offers a unique platform for career advancement and meaningful contributions to 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

Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field, especially those at Lockton or similar companies. 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 Lockton’s analytics vision. Confidence is key!

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

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

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the specific skills and experiences that align with the Senior Actuary role. Highlight your experience in client-facing roles and any projects where you've led analytics initiatives.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about analytics and how you can contribute to Lockton's vision. Share examples of how you've mentored others or delivered high-quality analytics in previous roles.

Showcase Your Technical Skills: Don’t forget to mention your technical expertise, especially in analytical model building and compliance with actuarial standards. We want to see how you’ve applied these skills in real-world scenarios.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!

How to prepare for a job interview at Lockton

Know Your Analytics Inside Out

Make sure you’re well-versed in the analytics tools and methodologies relevant to the role. Brush up on your experience with frequency/severity approaches and be ready to discuss how you've applied these in past projects.

Showcase Your Coaching Skills

Since this role involves mentoring junior analysts, prepare examples of how you've successfully coached others. Highlight specific instances where your guidance led to improved performance or project outcomes.

Build Rapport with Clients

Demonstrate your ability to build strong relationships by preparing anecdotes about your interactions with clients. Think about how you’ve effectively communicated complex actuarial concepts to clients with varying levels of understanding.

Prepare for Technical Questions

Expect to face technical questions that assess your knowledge of actuarial standards and compliance. Review key concepts and be ready to explain your thought process when tackling analytical challenges.

Senior Actuary – Alternative Risk Solutions & Analytics
Lockton
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  • Senior Actuary – Alternative Risk Solutions & Analytics

    Full-Time
    54000 - 84000 £ / year (est.)
  • L

    Lockton

    1000+
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