Senior Actuarial Consultant

Job Summary 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 Requirements 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. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. #J-18808-Ljbffr Lockton, Inc.