Senior Actuarial Consultant- People Solutions

Lockton is seeking a Senior Actuarial Consultant to deliver expert actuarial guidance and strategic financial analysis for a portfolio of large market clients. In this client-facing role, you will lead the development and presentation of advanced actuarial models, advise on employee health benefits strategy, and ensure the highest standards of accuracy and client service. This role supports the broader actuarial team on additional clients as needed, ensuring high-quality deliverables and client satisfaction.

Position Responsibilities

• Serve as a consulting actuary for a portfolio of clients; synthesize insights, advise on plan design, funding, risk/stop loss strategies, and multi year benefits financial strategy.
• Develop and present financial models for employer health plans, including rate setting, contribution and plan design modeling
• Advise clients on plan design, pricing, funding strategies, reserves, underwriting principles, and stop loss, to align with overall benefits strategy. Evaluate and recommend risk management and stop loss coverage strategies.
• Conduct benchmarking, trend analysis, forecasting, and scenario modeling to support client decision-making. Conduct reserve calculations and certify actuarial results for assigned clients.
• Compile, analyze, and interpret financial information and data to facilitate client decision-making and executive-level storytelling with data.
• Support actuarial team members on clients where not directly assigned, providing peer review, technical guidance, and subject matter expertise.
• Participate in prospect meetings to support converting opportunities into clients.
• Collaborate with internal teams to innovate actuarial approaches and contribute to continuous improvement of analytics offerings.
• Ensure deliverables meet established standards for accuracy, clarity, and alignment with client objectives.
• Maintain up-to-date knowledge of healthcare marketplace trends, regulations, and actuarial best practices.

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