Point6 Testing 20D
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- Jan 12, 2021 Post Date
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- 20 Total Views
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The Actuary analyzes data to construct probability tables and models to forecast risk and liabilities. Based on forecast models, this role designs creative programs to protect organizations from undesirable events and decreases the impact of undesirable events that do occur.
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Conducts analysis, pricing and risk assessment to estimate financial outcomes
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Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in insurance sectors such as life, health, social and casualty insurance, annuities, and pensions
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Develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information
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Supports the growth of Lockton’s practice by providing creative, substantive, and effective responses to the unique needs of Clients
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Assistants with the identification and development of new and existing business opportunities in all related areas
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Estimates the Client’s financial liability for claims that have been incurred by not yet reported
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Estimate the Client’s financial liability for a plan year and assists in develops a sounds budget accordingly
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Estimated the impact on claims costs cause by changing networks through a disruption analysis
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Advises the Client on the best stop loss option through the application of probability simulations, comparing the cost of being fully insured or self-insured
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Performs other responsibilities and duties as needed
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Bachelor’s degree in economics, finance or related field, and/or years of experience equivalent
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The completion of 1-2 actuarial exams prior to being hired in position
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Must continue to study and pass additional exams administered by the Society of Actuaries
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0-2 years of experience in a data or financial analyst role
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Understands industry trends and governmental regulations
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Ability to complete continuing education requirements as needed
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Ability to attend company, department, and team meetings as required, including industry training sessions
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Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information
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Ability to efficiently organize work and manage time in order to meet deadlines
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Ability to travel by automobile and aircraft
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Ability to use office equipment such as a computer, keyboard, calculator, photocopier, and facsimile machine
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Ability to work on a computer for a prolonged amount of time
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Ability to work outside of normal business hours as needed
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Legally able to work in the United States
Lockton Companies, LLC is an equal opportunity employer. As a privately held company, we offer a competitive compensation and benefits package reflecting our commitment to attracting and retaining great individuals. This includes health and dental coverage, which begins on your first day of work, 401(k) with match and immediate vesting, a competitive vacation plan and unrivaled career advancement opportunities.
Lockton is known throughout the insurance industry as an entrepreneurial, progressive and successful insurance broker. As a result of continued individual and group accomplishments, Lockton has a record of steady and substantial growth. If you are a committed professional with a passion for delivering unparalleled service, Lockton is interested in hearing from you.
**NO AGENCIES PLEASE** Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.
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