Senior Actuarial Consultant

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New York City, New York, United States of America

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Client Services

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25013L

Apply now

Senior Actuarial Consultant

Location Icon

New York City, New York, United States of America

Bag Icon

Client Services

Profile Icon

25013L

Apply now
Working at Lockton

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

Secondary locations

Hartford, Philadelphia, Conshohocken, Boston, Washington DC

Business unit

Northeast Series

Salary

$130,000-$200,000

Schedule

Full-time

Lockton Benefits Offerings

Click Here

Workplace

Hybrid

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Your Responsibilities

About Lockton Northeast 

For the Northeast Series, you’ll find our people in the metropolitan areas spanning Washington DC, Philadelphia, New York City, Hartford, Norwalk, Boston, and Portland ME.  With our unmatched work ethic, and an ability to go above and beyond to make a difference for our clients, the Northeast continues to experience double-digit (organic!) growth.    

We offer a flexible & hybrid work environment that allows our Associates to split their time between in-person and remote.    

Position Overview

Lockton Northeast is seeking a qualified actuary to help support our recent and future growth. Successful actuarial consultants at Lockton are energized by providing an exemplary level of service to our clients' employee benefits plans; being part of a culture that rewards initiative, collaboration, and an entrepreneurial spirit; and working with our clients to address their most complex benefits needs and challenges.

Core Responsibilities

  •  Serve as the financial lead, or strong support for the financial lead, on client engagements, which primarily include setting strategy, project management of financial deliverables and peer review/certification of results
  • Demonstrate success in client/prospect presentations and relationship building
  • Strategic thinking to harmonize financial initiatives with overall client benefits strategy
  • Financial modeling for employer group health plans including rate setting, contribution and plan design modeling, and risk management/stop loss strategies
  • Train/mentor general consultants and junior actuaries to grow financial acumen across the Northeast Series
  • Train and educate financial analysts and account team members on actuarial tools
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Qualifications

  • Credentialed ASA/FSA-track with 6-10 years of Employer Health Benefits consulting experience with particular emphasis on healthcare is required.
  • Extensive experience in evaluating client needs and providing client service, preferably in a consultative or sales related profession.
  • Knowledge of and experience with all aspects of the healthcare marketplace including plan design, pricing, IBNR reserves, experience projections, and administration.
  • Demonstrated ability to meet internal and external deadlines while maintaining high quality standards
  • Ability to provide, where appropriate, clear direction or the ability to listen and incorporate the ideas of others.
  • Willingness to train, mentor, and delegate to junior actuarial students.
  • Firm understanding of underwriting processes, principles, and standards.
  • Demonstrated commitment to serving clients and internal stakeholders while taking ownership of work product.
  • Excellent quantitative, analytical, and problem-solving skills.
  • Exemplary ability to compile, analyze, and interpret financial information and data to facilitate decision-making.
  • Superior to excellent communication, interpersonal and organizational skills
  • High degree of self-motivation and creative problem solving
  • Advanced knowledge of Microsoft Products (Excel, Access, VBA)
  • Knowledge of SQL/Python/R, or desire to learn
  • Ability to travel for in-person client and team meetings when needed 

Benefits

Lockton is committed to advancing diversity and inclusion. We have a dynamic entrepreneurial culture in which our people are empowered to make a difference to better serve client needs. We are committed to giving back to our communities and we are invested in your success. 

We offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing organization.

The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The above hiring range represents Lockton’s good faith and reasonable estimate of the range of possible compensation at the time of posting.

 

 

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 12,500+ Associates doing business in over 140 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

Learn more about your Lockton experience

No Agencies Please

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.

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