Reinsurance Health Actuary

Lockton • Philadelphia, PA

7d

About The Position

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.

Requirements

• 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.
• 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.
• 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.

Nice To Haves

• Exposure to Life, DI, or Accident products (nice-to-have, but not required).

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 This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees