Insurance consultant

LCP is an award-winning actuarial and analytics consultancy providing advice on insurance, pensions, investments, employee benefits, energy and health. We are a team of over 950.

Are you excited to use your actuarial expertise to help clients better understand and manage their risks? If the answer's yes, then come and join the insurance consulting team at LCP! We are passionate about supporting our clients across all areas of actuarial and risk consultancy, and are keen to work with people who share our passion.

To give you a flavour of the types of work you may be involved with, some of our recent projects include signing off on reserves of over £50 billion across a broad range of portfolios, within and outside of the Lloyd's market, in the UK and beyond. We have also advised over 70 firms on capital and risk management, including internal model validation. If that wasn't enough we are also acting as the Independent expert on more than 15 part VII or Section 13 transfers. Finally, we launched LCP InsurSight in April 2020 which is used by some of the largest insurers in the world to quickly and efficiently analyse over £100bn reserves.

What will you be doing?

We are looking for you to help us support our clients across all areas of actuarial and risk consultancy. Your role will be varied, and includes a mixture of client facing consulting, in-house client support and industry research.

Your specific tasks will include;

• Responsible for key aspects of our project delivery, working closely with the project lead and the wider team to deliver on time and within budget
• Enthusiastic about new projects and opportunities, taking a proactive approach and getting involved
• Working directly (virtually and onsite) with clients either independently or as part of a wider LCP team
• Demonstrating excitement about new areas of research, e.g. machine learning, climate change or cyber risk, taking the initiative to extend your own knowledge on an ongoing basis
• Acting as a key point of contact for clients on a day-to-day basis, and taking ownership of the client relationship
• Drafting high-quality communications to clients (formal reports, presentation slides, day-to-day communications)
• Presenting confidently in client meetings and communicating effectively with clients on the phone and face-to-face
• Supporting in tenders and pitches for new business, working as part of a team
• Contributing to LCP’s thought leadership, and developing your personal profile in the market, writing articles or blogs, presenting at conferences and participating in relevant industry working parties and conferences
• Maintaining up-to-date knowledge of the insurance market and particularly regulatory developments
• Keen to share your knowledge by training more junior members of the team where required
• Working within LCP’s internal professional standards and external professional guidance

What skills and experience do you need?

• Demonstrable experience in non-life insurance, and you are either qualified or have made good progress in the exams
• Ideally, you have experience in capital modelling, experience in pricing, IFRS17, risk and/or machine learning techniques is a plus but not essential
• You can explain technical matters clearly and simply, including to non-experts. You have a good eye for detail, but can balance this with being able to identify and focus on the most important issues
• You can give concise summaries of analysis, but you’re also comfortable answering detailed technical questions
• You have a natural curiosity for problem-solving and are enthusiastic to get involved in new projects
• Commercial awareness
• Ability to see things from the client's , or colleague’s, perspective and adapt your approach accordingly
• You’re proactive with clients and colleagues, driving work forward and contributing new ideas
• A proven track record of running multiple projects concurrently, being able to delegate tasks effectively, looking for opportunities to improve efficiency and processes and re-prioritising work where needed. You can also work to tight deadlines when required

What's in it for you?

As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

For you: hybrid working (varies by role and department), professional study support (where applicable), access to our internal Wellbeing, LGBTQ+, Multicultural and Women’s networks

For your family: Life assurance, income protection, enhanced maternity/paternity/adoption and shared parental leave

For your health: 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly!), options to buy & sell holiday, discounted gym memberships, private medical, critical illness and dental insurance through our flexible benefits, eye care vouchers, cycle to work scheme, digital GP services

For your wealth: competitive pension scheme, discretionary bonus scheme, high street discounts, season ticket loans

For others: volunteering opportunities

And much more!

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch with Karina Lee, Angie Lewis and Julie Newall via our dedicated email address - accessibilityaware@lcp.uk.com to discuss how we can support you with your application.