| Location | Minneapolis, MN |
This position will help with the ongoing build out of the US actuarial capabilities of Lockton Re, which uses the latest technologies to develop best-in-class (re)insurance analytics.
The Associate will perform analyses to support the reinsurance structuring and placement process. In addition, they will complete advanced analyses to help insurers understand their risk, manage volatility, and grow profitability. The Associate will also participate in the development of actuarial tools, organization of data sources, and creation of the actuarial analysis processes and procedures.
Reinsurance Actuarial Associate Responsibilities
Perform experience and exposure analyses for all lines of insurance
Build stochastic underwriting models to analyze reinsurance structures
Prepare and deliver client-ready presentations to communicate analysis results to brokers and clients
Work closely with senior actuaries, cat modelers, and brokers to provide strategic advice to clients
Contribute to the development of actuarial tools and processes
Perform market analysis and research for the industry and company peer groups