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.