Consulting Actuary - Technology Risk

Job title: Consulting Actuary - Technology Risk

About the Role Lockton is seeking an experienced Insurance Analytics Specialist/Actuary to join our brokering team. The role focuses on using creative analytics solutions to advocate for clients and acts as the daily liaison between the account team and internal analytics partners to ensure data completeness, quality, and efficient workflow. The ideal candidate will have a strong foundation in insurance analytics and the ability to transform complex data into actionable insights.

What You'll Do

• Perform sophisticated analytical research on specialized insurance topics, including autonomy and actuarial research
• Design and implement analytical models to evaluate risk factors, pricing implications, and coverage considerations for specialized insurance scenarios
• Translate complex insurance data into meaningful insights that drive strategic decision-making
• Develop data visualization tools to communicate analytical findings to stakeholders at various levels
• Research industry trends and emerging risks to provide proactive underwriting recommendations
• Support internal analytics initiatives by applying statistical techniques to uncover patterns and relationships within insurance data
• Serve as the primary liaison between our team and internal analytics partners, anticipating their data requirements and questions
• Conduct comprehensive data validation checks to ensure completeness and accuracy
• Identify and resolve data discrepancies or missing elements independently
• Develop and implement standardized data preparation procedures to ensure efficient workload management, streamline the review process, and minimize delays

What We're Looking For

• Bachelor’s degree in Analytics, Statistics, Actuarial Science, Finance, Economics, Insurance, or related field
• At least 4-6+ years of experience in insurance analytics, data analysis, or a related role within the insurance industry
• Demonstrated understanding of fundamental insurance concepts, including supply/demand dynamics, loss components, and their interrelationships
• Proficiency in Excel, SQL, and Python
• Experience with data quality assurance processes and validation methodologies
• Strong analytical skills with the ability to interpret complex datasets and identify meaningful patterns

Nice to Have

• Insurance industry certifications such as ACAS, CPCU, or ARM
• Experience working with claims data, policy information, and underwriting systems
• Background in predictive modeling or machine learning applications in insurance
• Knowledge of technology innovations and related insurance implications
• Experience with data visualization tools like Tableau or Power BI

Compensation & Benefits

• Salary: $130,000-$155,000 per year (USD)
• Benefits: 12-week paid parental leave, community involvement, wellness events, and other Lockton rewards; US associates receive rewards such as a Rolex after 10 years of service
• Workplace: Hybrid in San Francisco, CA; occasional travel may be required