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Lockton

Actuary - Reinsurance

London
Posted 1 day ago
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Your Responsibilities

We are looking for a nearly or newly qualified actuary to join the Lockton Re Analytics team in London, supporting our Global Specialties broking division across Marine & Energy, Crisis Management, Financial Risk, and Aviation.

This is a highly visible, front-office role where Analytics sits alongside broking teams, providing high-value insight and partnering closely with colleagues and clients. The environment is fast-paced and varied and you’ll work across multiple products and lines of business, so the ability to switch focus and adapt quickly is key.

You’ll be joining a collegiate, global team of 70+ actuaries, catastrophe modellers, developers, and specialists. The team operates as one; flexible, collaborative, and without silos, supporting each other across all areas to deliver the best outcomes for clients.

What does the role involve?

  • Work in a multi-disciplinary environment comprising brokers, actuaries, catastrophe modellers, and other professionals to provide high-quality advice to clients
  • Advise clients on their inwards portfolio risks and reinsurance strategies to achieve their financial and risk mitigation objectives
  • Apply actuarial analysis and commercial insight to price, structure, and evaluate reinsurance programmes
  • Work across multiple products and lines of business, adapting priorities in a dynamic environment
  • Contribute significantly to projects and tenders
  • Manage multiple concurrent projects and prioritise effectively
  • Manage expectations of colleagues and clients in a fast-paced environment
  • Engage in analytical discussions with reinsurers to support reinsurance placement
  • Build and maintain strong relationships with brokers, clients, and reinsurers
  • Develop new tools and innovative analytical approaches
  • Train and mentor junior team members, reviewing their work.

Reasons to use Rodeo

I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?

Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.

Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.

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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.

P

Graduate Consultant — 2026 Scheme

PwC·London, UK
£35,000/yr

Why you're a good match

Strong

Your economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.

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It searches the market for you

Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.

Why you're a good match

You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.

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Strong

Experience fit

Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.

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Strong

Only hits

No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.

What qualities do you need?

  • Nearly or newly qualified actuary (FIA or equivalent)
  • Strong pricing experience gained within a reinsurance broker or carrier, ideally with exposure to Global Specialties lines such as Marine & Energy, Crisis Management, Financial Risk, or Aviation
  • Comfortable working across multiple products, with the ability to shift focus and reprioritise
  • Strong relationship-building skills and the ability to influence stakeholders
  • Collaborative mindset — thrive in a non-siloed, team-oriented environment
  • Self-motivated, proactive, and solutions-focused
  • Strong commercial awareness with a pragmatic approach
  • Excellent communication skills, with the ability to translate complex analysis into clear, actionable insight
  • High attention to detail and strong problem-solving capability

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Why Lockton Re?

Built on experience. Driving what’s next. Lockton Re combines deep industry expertise with an independent, collaborative culture and innovative technology to deliver exceptional outcomes for clients and create an environment where talented people can make a real impact.

Fiercely Independent: As a family-owned broker, we are free from the pressures of outside shareholders. We prioritise our clients and colleagues, think for the long term and remain focused on continuous improvement and exceptional service.

Industry Proven: Our people bring experience, credibility, and a proven track record of innovation and delivery. We collaborate across geographies, products, and capabilities, challenging one another to test the boundaries of what is possible for clients.

Distinctly Digital: We combine leading technology, analytical firepower, and human ingenuity to move faster, think smarter, and create innovative solutions. Our digital foundation enables non-stop progress, with tools and approaches designed t

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Location

London, England, United Kingdom

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