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Actuarial Associate (Life & Health)

LocktonPhiladelphia, Pennsylvania, United States4d ago
Commercial Employer HealthMedicare AdvantageMedicaidStop LossReinsurance Structuring & PricingPredictive Modelling & MLBusiness Intelligence & Reporting

Role Summary

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HIGHLIGHTS

Associate-level actuarial role on Lockton Re’s AHL team in Philadelphia focused on health reinsurance (commercial, Medicare, Medicaid, stop-loss). You will support pricing and structuring of reinsurance treaties, develop predictive models and dashboards from large claims datasets, and contribute to capital-motivated transactions and client deliverables. Ideal for an early-career actuary with 1–3 years' health or reinsurance experience.

JOB DESCRIPTION SUMMARY

  • Support pricing and structuring of health reinsurance treaties across Commercial, Medicare, and Medicaid
  • Develop predictive models and benchmarking using large claims line-level datasets
  • Build financial models in Excel and work with SQL/R/Python/PySpark toolsets
  • Prepare client-ready analyses and engage directly with brokers and clients
  • Early-career associate role (1–3 years) based in Philadelphia, PA

DOMAIN EXPERTISE

  • Actuarial work in AHL reinsurance, healthcare, or benefits

KEY REQUIREMENTS

  • 1–3 years of actuarial work in AHL reinsurance, healthcare, or benefits
  • Financial modeling experience in Excel
  • Ability to ingest, process, and refine large claims datasets

TECH STACK

  • Excel