Health and Welfare Actuary

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!

Houston, San Antonio, Plano, New Orleans, Baton Rouge, Austin

Lockton Dunning Benefits is currently seeking a Health and Welfare Actuary. This position will support the Health and Welfare clients of Lockton Dunning Benefits. The ideal candidate will demonstrate a high level of professionalism; possess the ability to work well in a fast‑paced environment and the flexibility to easily adapt to changing priorities.

• Leveraged role focused on delivery high quality consulting and actuarial work to clients, leading to maintenance and growth of the client portfolio.
• Perform advanced financial and actuarial consulting, experience with broader client leadership a plus.
• Lead and/or support actuarial team and provide technical coaching to other team members.
• Serve as lead or supporting financial expert in client meetings.
• Actively engage in peer review: have documents reviewed before going to client and review others to ensure high quality.
• Leverage expertise locally to other actuaries, actuarial students, and other H&B consultants
• Maintain knowledge of industry, market, and competition; anticipate external market trends, internal H&B needs and/or client needs.
• As appropriate, take leadership or supporting role in national Health & Benefit development initiatives (e.g., practice team focused on efficiency, quality, new product development, people strategies, etc.) and broader firm-wide initiatives (e.g., management effective assessment, cross LOB integration activities, etc.)
• Responsible forstrategy development and costing of scenariosrelated to strategydiscussions.
• Handlesbenchmarking discussions with clients, including strategy development.
• Responsible for price alternative plan designs and define product strategy.
• Project savings/costs related to plan design or provider network changes.
• Setsbudget rates for self-insured plans.
• Develop and deploy models to evaluate cost‑savingscenarios.
• Mentor and delegate work to actuarial assistant
• Budget and forecasting
• Projection and other financial modeling related to health carereform.
• Benefit expense estimates for proposed benefit designs
• Medical reserve estimates and year-end actuarial certifications

• At least five years of relevant health actuarial consulting and/or health plan/insurance company experience
• FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation required.
• Ability to work independently; must be motivated with strong oral and written communication skills.
• Ability to work on multiple types of projects at onetime.
• Self-motivated, high achiever who has demonstrated leadership skills that will be used in a team-oriented environment.
• Strong presentation skills with ability to participate in client meetings, presentations and new business opportunities.
• Team player
• Strong client presence with project management, presentation, and facilitation skills
• Well-organized with the ability to handle several…