Senior Consulting Actuary- Technology Risk Pr...

Lockton Companies; San Francisco (CA); On-site; USD 120,000 - 160,000; Full time

Job summary

Lockton Companies in San Francisco seeks a Senior Consulting Actuary to lead insurance product analytics, ensuring data quality and actionable insights. In this full-time position, you will perform sophisticated analysis and manage relationships with internal analytics teams.

Candidates should have 7-10 years of relevant experience, a strong background in insurance analytics, and proficiency in tools like Excel and SQL. Join a diverse, inclusive workplace where your contributions will drive strategic decisions.

Qualifications

• 7-10 years of experience in insurance analytics or data analysis.
• Superior understanding of fundamental insurance concepts.
• Experience with data quality assurance processes.

Responsibilities

• Spearhead analytical research on specialized insurance topics.
• Design analytical models for risk factors and pricing.
• Lead relationship with internal analytics partners.

Skills

Analytical skills

Data analysis tools proficiency

Communication skills

Attention to detail

Problem-solving abilities

Education

Bachelor’s degree in Analytics, Statistics, Actuarial Science, Finance, Economics, Insurance, or related field

Tools

Excel

SQL

Python

Job description

Senior Consulting Actuary - Technology Risk Practices

San Francisco, California, United States of America

We seek a Senior Consulting Actuary to join our team. In this role, you will be part of an engaging and dynamic brokering team building insurance products that use creative analytics solutions to advocate for our clients. You will also lead our conversations between our account team and our internal analytics partners, ensuring data completeness and quality, and managing workflow and work quality. The ideal candidate will have a strong foundation in insurance analytics, a solid understanding of fundamental insurance concepts, and the ability to transform complex data into actionable insights.

Key Responsibilities

• Advanced Analytics for Bespoke Analysis
  • Spearhead sophisticated analytical research on specialized insurance topics, including innovative initiatives in 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
  • Research industry trends and emerging risks to provide proactive recommendations on underwriting approaches
  • Co‑develop internal analytics initiatives by applying statistical techniques to uncover patterns and relationships within insurance data
• Data Review and Workload Management with our internal Analytics partners
  • Lead our relationship between our team and internal analytics partners
  • Mitigate data discrepancies or missing elements independently
  • Develop and execute standardized data preparation procedures to ensure efficient workload management, streamline the review process, and minimize delays

Qualifications

Required Qualifications

• Bachelor’s degree in Analytics, Statistics, Actuarial Science, Finance, Economics, Insurance, or related field
• At least 7‑10 years of experience in insurance analytics, data analysis, or a related role within the insurance industry
• Demonstrated superior understanding of fundamental insurance concepts, including supply/demand dynamics, loss components, and their interrelationships
• Proficiency in data analysis tools such as 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

Preferred Qualifications

• Insurance industry certifications such as ACAS, CPCU, or ARM
• Deep understanding working with claims data, policy information, and underwriting systems
• Background in predictive modeling or machine learning applications in insurance
• Extensive experience of the forefront of technology innovations and related insurance implications

Skills and Competencies

• Exceptional attention to detail and commitment to data accuracy and integrity
• Strong critical thinking and problem‑solving abilities to address complex analytical challenges
• Collaborate effectively across internal teams and external partners by understanding diverse stakeholder priorities and delivering solutions that align technical requirements with organizational objectives
• Excellent communication skills to adapt communication approaches and translate technical findings into business insights
• Self‑motivation and the ability to work independently while managing multiple priorities
• Advanced knowledge of insurance industry terminology, products, and regulatory considerations

Working Conditions

This full‑time position primarily operates in an office environment. The role may require occasional travel to meet with partners or attend industry events. Some flexibility in work scheduling may be necessary to meet project deadlines.

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity. At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone.