Risk Analyst

The Risk Analyst helps support Lockton's goal of providing clear, actionable insights for our clients. These insights are used to facilitate informed decision-making and deliver improved outcomes. The analyst is responsible for creating tailored solutions for individual clients as well as enhancing the Analytics group's brand, workflows, and capabilities.

Job Responsibilities:

• Collaborate with internal and external stakeholders to understand needs, identify opportunities, and develop strategic solutions to a client's Property and Casualty challenges
• Prepare a variety of analytic outputs based on client or prospect data, including loss projection and stratification, collateral analysis, program comparison, predictive models, claim dashboards, and other ad hoc reports
• Compile, analyze, interpret, and present data trends to guide decision-making
• Communicate and explain complex analytic concepts to clients and internal associates
• Negotiate with carrier actuaries to improve loss forecasts and drive down collateral
• Recognize data issues and work with the client, internal team and data providers to resolve discrepancies
• Recommend and/or implement new or improved analytic solutions for our clients
• Collaborate with internal teams to effectively communicate and deliver innovative ideas and strategies to Lockton clients and prospects
• Contribute to white papers / research articles to advance Lockton Analytics' brand in the market
• Create published materials and trainings to enhance internal understanding of Analytics' capabilities
• Remain informed on industry developments and effectively communicate the implications both internally and externally
• Partner with key stakeholders throughout the organization to identify business needs
• Work with various tools (Excel, VBA, Power BI, R, Python, SQL, etc.) to create sophisticated and scalable analytic tools and processes.

Requirements

• Quantitative mindset as evidenced by a Bachelor's Degree in actuarial science, math, statistics, analytics, data science, computer science, finance, or other business-related degree
• Strong critical thinking and problem-solving skills
• Highly effective oral and written communication skills
• A strong desire to work collaboratively with others
• Proficiency with Microsoft Office products, particularly Excel
• Self-motivation - willingness to take initiative and ownership on projects
• Prior analytics experience - particularly in the P&C industry - is preferred
• Prior experience with R, Python, and/or Power BI is preferred

#LI-RS1

Lockton Analytics is committed to providing industry-leading analytics and actionable advice that help make our clients' businesses better. We provide clear and concise analytics to help our clients manage their risk, optimize program structures, reduce variable costs, and improve operational efficiencies. Coupled with market intelligence and sound judgment, we assist clients in creating strategic road maps to meet risk tolerance and business objectives.