Actuarial Associate (Life & Health)

Lockton Inc

  • Philadelphia, PA
  • 30+ days ago

    Highlights

    Recent projects include: Structuring health reinsurance placements for insurers across Commercial, Medicare, and Medicaid markets, as well as MGUs offering stop-loss coverage for self-funded employers. Supporting financial risk management in Value-Based Care (VBC) arrangements, including modeling downside risk & structuring coverage for provider risk arrangements.

    Numbers & Facts

    LocationPhiladelphia, PA

    Description

    Lockton Re's AHL actuarial team is expanding, and we're looking for a skilled actuary to join us. This role will focus on health reinsurance products, contributing to innovative analytics that help clients manage risk and capital.

    What Youll Work On:

    Our actuarial team drives impactful analytics & advisory services across a range of reinsurance solutions. Recent projects include:

    • Structuring health reinsurance placements for insurers across Commercial, Medicare, and Medicaid markets, as well as MGUs offering stop-loss coverage for self-funded employers.
    • Developing capital-motivated transactions to help insurers efficiently manage risk-based capital requirements.
    • Supporting financial risk management in Value-Based Care (VBC) arrangements, including modeling downside risk & structuring coverage for provider risk arrangements.
    • Advising startups and investors on reinsurance & risk strategies.
    • Evaluating captives and alternative risk financing approaches.

    Key responsibilities:

    • Support actuarial analysis to evaluate pricing and retention levels for AHL reinsurance treaties, including data processing and refinement.
    • Work with brokers, reinsurers, and clients to ingest and review data needed for creating reinsurance treaty submissions.
    • Collaborate on enhancements to AHL actuarial models (ex. pricing & underwriting models across stop loss, provider excess, VBC, capital motivated).
    • Contribute to creation & implementation of benchmarking, dashboards, and predictive models for AHL clients - leveraging detailed, large claims line-level datasets to build out analytics capabilities.
    • Assist in preparing and delivering client-ready analyses and presentations, with opportunities for direct client engagement.
    • Collaborate with cross-functional teams (brokers, actuaries, data/analytics, capital advisory) to support project execution.

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