Jobs · Finance · Pennsylvania

Actuarial Associate (Life & Health)

Lockton · Philadelphia, PA · 3 wk ago
FinanceFull-time

Your 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.

Qualifications

  • Experience: 1-3 years of actuarial work in AHL reinsurance / healthcare / benefits / health insurance
  • Knowledge of health reinsurance & stop-loss products preferred.
  • Pricing and/or underwriting experience is a strong advantage.
  • Bonus: Exposure to Life, DI, or Accident products (nice-to-have, but not required).
  • Technical Skills:
    • Financial modeling experience in excel.
    • Ideal proficiency in SQL, R, Python, PySpark, or similar tools for handling large datasets.
    • Dashboarding expertise is a strong advantage.
  • Soft Skills:
    • Strong communication skills with an interest in client-facing work.
    • Ability to work independently and collaboratively in a dynamic, team-oriented environment.
    • Excellent organizational and project management skills to balance multiple tasks and deadlines effectively.
    • Open to learning, development, and continuous skill growth.

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