Insurance Analytics Specialist; Actuary- Tec.

Insurance Analytics Specialist (Actuary)- Technology Ris...

San Francisco, California, United States of America

Insurance Analytics Specialist (Actuary)- Technology Ris...

San Francisco, California, United States of America

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture,
you belong here.

Lockton is a global professional services firm with 6,500 Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world's largest privately held, independent insurance broker by helping clients achieve their business objectives. To see the latest insights from Lockton's experts, check Lockton Market Update .

A few of the reasons Associates love working at Lockton include:

• Opportunities for growth and advancement, including paid training and professional development
• 12-week paid parental leave
• A huge emphasis on community involvement
• Frequent athletic and wellness events
• Incredibly generous rewards; US Associates receive a Rolex for their 10 year anniversary!

We seek an experienced Insurance Analytics Specialist/Actuary to join our team. In this role, you will be part of an engaging and dynamic brokering team building insurance products that uses creative analytics solutions to advocate for our clients. You will also serve as the daily liaison between our account team and our internal analytics partners, ensuring data completeness and quality, as well as 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

• Perform 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

• Develop data visualization tools to communicate analytical findings to stakeholders at various levels effectively

• Research industry trends and emerging risks to provide proactive recommendations on underwriting approaches

• Support 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

• Serve as the primary liaison between our team and internal analytics partners, anticipating their data requirements and questions

• Conduct comprehensive data validation checks to ensure completeness and accuracy

• Identify and resolve data discrepancies or missing elements independently

• Develop and implement standardized data preparation procedures to ensure efficient workload management, streamline the review process, and minimize delays

Required Qualifications

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

• At least 4-6 years of experience in insurance analytics, data analysis, or a related role within the insurance industry

• Demonstrated 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

• Experience working with claims data,…