Reinsurance Analytics & Modeling Associate

Lockton Companies; Minneapolis, Northern (MN, KY); Hybrid; USD 65,000 - 95,000; Full time

Job summary

Lockton Companies in Minneapolis focuses on developing US actuarial capabilities for Lockton Re, delivering client-ready analyses and tools to support reinsurance structuring and placement. The Associate collaborates with senior actuaries, cat modelers and brokers to provide actionable insights and growth opportunities.

The role emphasizes advanced Excel use, programming in R or Python, and the development of scalable actuarial processes.

Qualifications

• 0-2 years of experience in a Property & Casualty actuarial role, reinsurance or consulting preferred.
• Minimum of 2 actuarial exams completed.
• Expert in Microsoft Excel and other Office products.
• Experience with programming languages, preferably R or Python.

Responsibilities

• Perform analyses to support reinsurance structuring and placement.
• Build actuarial models to analyze client risk and profitability.
• Prepare client-ready presentations for brokers and clients.
• Collaborate with senior actuaries, cat modelers and brokers on strategic advice.
• Develop actuarial tools and data processes.
• Conduct market analyses for industry and peer groups.

Skills

Excel

Python/R

Stochastic modeling

Communication skills

Teamwork

Education

Actuarial exams completed

Tools

Python

R

Job description

Lockton Companies in Minneapolis focuses on developing US actuarial capabilities for Lockton Re, delivering client-ready analyses and tools to support reinsurance structuring and placement. The Associate collaborates with senior actuaries, cat modelers and brokers to provide actionable insights and growth opportunities.

The role emphasizes advanced Excel use, programming in R or Python, and the development of scalable actuarial processes.