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- Tasks: Provide strategic consulting on captives and alternative risk finance while engaging with global clients.
- Company: Lockton is the world's largest privately held independent insurance brokerage, prioritising people and clients.
- Benefits: Enjoy a supportive culture, opportunities for growth, and a focus on personal and professional development.
- Why this job: Make a real impact in a dynamic team, shaping risk management strategies for leading organisations.
- Qualifications: 5+ years in consulting or (re)insurance, with essential captive consulting experience and strong analytical skills.
- Other info: Expect international travel and collaboration across Lockton's global network.
The predicted salary is between 43200 - 72000 £ per year.
At Lockton, we’re looking for a Senior Alternative Risk Solutions & Captive Consultant for an exciting and leading client facing role in which you’ll apply deep analytical skills, strategic insight, and innovative thinking to give advice to some of the world’s leading organisations on how to optimise their (re)insurance programmes more intelligently with a focus on European captive consulting.
Ideally this person will have some captive consulting pedigree however the role could be suitable for a person with wider consulting pedigree from a top-tier strategy firm, Big Four, or leading boutique with an insurance accounting background & qualification.
The Alternative Risk Solutions & Analytics team is dynamic and growing creating substantial personal growth opportunities that also builds upon Lockton’s reputation in the (re)insurance market. This is a rare opportunity to step into a role where your expertise translates directly into strategic client impact working in a globally connected firm that values impact over hierarchy, intellect over bureaucracy, and people over process.
What You'll Do
Informed by analytics this role will include deploying expertise in risk finance consulting as well as alternative reinsurance solution design and placement. You’ll work closely with the Head of Alternative Risk Solutions & Analytics to design and deliver bespoke risk finance strategies that enhance our clients' enterprise risk management. Your work will involve significant client engagement that will shape how global organisations assess, retain, and transfer risk — using captives, alternative risk transfer solutions, and complex financial models.
- Deliver strategic consulting on captives, alternative risk finance, and insurance program design
- Lead and support feasibility studies, financial analyses, and actuarial insights that drive decision-making
- Collaborate across Lockton’s international network, particularly with our major client team
- Present your recommendations to C-level stakeholders and Boards
- Travel internationally as required to support high-impact client engagements
We’re seeking a high-performing professional with:
- 5+ years of experience in consulting, (re)insurance, or risk finance
- Proven experience in captive consulting (essential)
- Strong financial or actuarial literacy, with comfort interpreting complex analysis
- A background in accounting, finance, actuarial science, or similar (preferred)
- A consulting mindset – curious, client-focused, solution-driven
- Exposure to alternative risk solutions or insurance programme design
- Experience delivering projects with imperfect data and evolving priorities
- Strong Excel and data visualisation skills
- Confidence presenting to senior decision-makers and Boards
About Lockton
Lockton is the world's largest privately held independent insurance brokerage. Our people-focused culture attracts those who care for one another and work together to reach a common goal. Our private ownership allows us to prioritise what is truly important: our clients, people, and communities. By joining Lockton, you'll have many opportunities and experiences to grow, enabling you to build a fulfilling long-term career with us. Our commitment to a supportive and inclusive culture ensures you will thrive personally and professionally. If you want to make a difference, then you belong at Lockton.
Contact Detail:
Lockton Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Alternative Risk Solutions & Captive Consultant
✨Tip Number 1
Network with professionals in the captive consulting and alternative risk solutions space. Attend industry conferences, webinars, or local meetups to connect with potential colleagues and learn about the latest trends and challenges in the field.
✨Tip Number 2
Familiarise yourself with the specific challenges faced by European organisations in risk management and insurance. Understanding regional nuances will help you tailor your discussions and demonstrate your expertise during interviews.
✨Tip Number 3
Prepare to discuss case studies or examples from your past experience that highlight your analytical skills and strategic thinking. Be ready to explain how you've successfully implemented alternative risk solutions or captives for clients.
✨Tip Number 4
Showcase your ability to communicate complex financial concepts clearly. Practice presenting your ideas to friends or colleagues, focusing on how you would convey your recommendations to C-level stakeholders and Boards.
We think you need these skills to ace Senior Alternative Risk Solutions & Captive Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in consulting, (re)insurance, and risk finance. Emphasise any specific projects or roles that demonstrate your expertise in captive consulting and alternative risk solutions.
Craft a Compelling Cover Letter: Write a cover letter that showcases your analytical skills and strategic insight. Mention how your background aligns with the requirements of the role and express your enthusiasm for contributing to Lockton's mission.
Highlight Relevant Skills: In your application, clearly outline your financial literacy, actuarial skills, and experience with complex data analysis. Provide examples of how you've successfully presented recommendations to senior stakeholders.
Showcase Your Consulting Mindset: Demonstrate your client-focused and solution-driven approach in your application. Share instances where you’ve navigated challenges with imperfect data and evolving priorities, showcasing your adaptability and problem-solving skills.
How to prepare for a job interview at Lockton
✨Showcase Your Analytical Skills
Given the role's emphasis on deep analytical skills, be prepared to discuss specific examples where you've successfully applied these skills in previous roles. Highlight any complex financial models or analyses you've worked on, especially those related to risk finance or insurance.
✨Demonstrate Captive Consulting Experience
Since captive consulting experience is essential for this position, ensure you can articulate your background in this area. Discuss any relevant projects you've led or contributed to, and how they impacted client outcomes.
✨Prepare for C-Level Presentations
As you'll be presenting to senior decision-makers, practice articulating your recommendations clearly and confidently. Use concise language and focus on the strategic impact of your proposals, as this will resonate well with C-level stakeholders.
✨Emphasise Collaboration and Client Engagement
This role involves significant client interaction and collaboration across teams. Be ready to share examples of how you've successfully worked with clients and colleagues to deliver impactful solutions, showcasing your client-focused and solution-driven mindset.
