Reinsurance Health Actuary

Lockton Re’s AHL actuarial team is expanding, and we’re looking for a skilled actuary to join us. This role will focus on health reinsurance products, contributing to innovative analytics that help clients manage risk and capital.

What You'll Work On:

Our actuarial team drives impactful analytics & advisory services across a range of reinsurance solutions. Recent projects include:

• Structuring health reinsurance placements for insurers across Commercial, Medicare, and Medicaid markets, as well as MGUs offering stop-loss coverage for self-funded employers.
• Developing capital-motivated transactions to help insurers efficiently manage risk-based capital requirements.
• Supporting financial risk management in Value-Based Care (VBC) arrangements, including modeling downside risk & structuring coverage for provider risk arrangements.
• Advising startups and investors on reinsurance & risk strategies.
• Evaluating captives and alternative risk financing approaches.

Key responsibilities:

• Own underwriting & pricing analyses for AHL reinsurance treaties, including data processing and refinement.
• Develop and enhance AHL actuarial models (ex. pricing & underwriting models across stop loss, provider excess, VBC, capital motivated)
• Build analytics solutions, including benchmarking, dashboards, and predictive models for AHL clients
• Assist with data warehousing, ETL, and documentation.
• Prepare and present client-ready analyses and presentations, with opportunities for direct client engagement.
• Contribute to analytics related to other lines, ex.) Life, DI, and Accident, as opportunities arise and as our practice grows
• Collaborate across teams (brokers, actuaries, data/analytics, capital advisory)

 

What We're Looking For:

• Experience: 7+ years of actuarial work in healthcare/benefits /health insurance, ASA preferred:
  • Knowledge of health reinsurance & stop-loss products preferred.
  • Familiarity with Value-Based Care and alternative payment models.
  • Pricing and/or underwriting experience is a strong advantage.
  • Bonus: Exposure to Life, DI, or Accident products (nice-to-have, but not required).
• Technical Skills: Hands-on experience working with claims-level data.
  • Ideally proficient in SQL, R, Python, PySpark, or similar tools for handling large datasets.
  • Dashboarding expertise is a strong advantage.
• Soft Skills:
  • Strong communication skills with an interest in client-facing work.
  • Ability to work independently and collaboratively in a dynamic, team-oriented environment.
  • Experience working on cross-functional projects, with a drive for innovation and process improvements.
  • Excellent organizational and project management skills to balance multiple tasks and deadlines effectively.
  • Open to learning, development, and continuous skill growth.