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Actuarial Associate (Life & Health)

LocktonPhiladelphia, Pennsylvania, United States4d ago
Reinsurance Life HealthStop LossCommercial Employer HealthMedicaidReinsurance Structuring & PricingPredictive Modelling & MLCapital Modelling & Economic Capital

Role Summary

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HIGHLIGHTS

Associate-level health reinsurance actuarial role on Lockton Re’s AHL team in Philadelphia. Focus on structuring and pricing health reinsurance (stop-loss, commercial, Medicaid/Medicare), building predictive models and dashboards, and supporting capital-motivated transactions and client advisory work.

JOB DESCRIPTION SUMMARY

  • Support pricing and structuring of health reinsurance treaties and stop-loss placements
  • Build predictive models and dashboards using large claims line-level datasets
  • Collaborate with brokers, reinsurers, and clients on submissions and data ingestion
  • Hands-on financial modelling in Excel; familiarity with SQL, R, Python or PySpark
  • Associate-level role (1–3 years’ actuarial experience) based in Philadelphia

DOMAIN EXPERTISE

  • AHL reinsurance or health insurance actuarial work
  • Experience with stop-loss products or health reinsurance
  • Pricing or underwriting experience in health insurance (preferred/advantage)

KEY REQUIREMENTS

  • 1–3 years of actuarial experience in AHL reinsurance, healthcare, benefits, or health insurance
  • Financial modelling experience in Excel
  • Experience working with claims-level datasets and preparing client-ready analyses

TECH STACK

  • Excel