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September 2024 - Insurance Consulting Graduate Programme

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LCP

Aug 23, 2023

Applications are closed

  • Job
    Full-time
    Entry Level
  • Consulting
    Banking & Finance
  • London

Requirements

  • Are you looking to embark upon your career as an actuary in the exciting, fast-changing world of Insurance? If so, then you have come to the right place!

Responsibilities

  • At LCP the work we do involves assessing the risks associated with future events. We advise clients on how much money they should set aside now, to be able to cover uncertain payments in the future and how that money should be invested. As an Analyst, you’ll be involved in analysis and modelling to supply the answers and then communicating these to our clients in a way that’s simple, clear, and easy to understand. There are plenty of opportunities for client contact at the beginning of your career, whether by email, phone, face-to-face meetings, or corporate events.
  • As an analyst in the Insurance Consulting department specifically you will be helping with advising general insurance companies on reserving and financial risk management, building models to calculate capital requirements, and helping insurance companies meet the Solvency II regulatory requirements. You will also have the opportunity to support the development of our analytics tools, using R and Python, including our multi-award-winning reserving platform InsurSight.
  • Alongside this, you will have access to our Graduate Training Programme which features a series of scheduled training sessions. These cover a wide range of areas of professional expertise as well as in-depth technical training. At the same time, we'll give you training in a variety of non-technical areas to help you develop your management and presentation skills.
  • As a consultancy, a key part of our work involves presenting advice and ideas to our clients in a way that is clear and easy to understand. We realise that for some, this will be a new experience - and possibly a daunting prospect! But there's no need to worry. Our training programme is specifically designed to help you develop the skills and confidence you need to be a successful consultant. And initiatives such as "LCP Speaking Club" and "LCP Xtra" offer additional opportunities for you and your peers to practise your presentation skills in-house before you put them to the test in front of clients.
  • Of course, much of your training will be on the job, and we make sure this is structured to offer you the widest possible experience in all aspects of what we do. Finally, we have an in-house mentoring system, so there is always someone you can ask if anything seems unclear. You'll be amazed at how quickly you'll be putting what you learn to good use in your everyday work.

FAQs

What does LCP specialize in?

LCP is an award-winning actuarial and analytics consultancy that specializes in providing advice on energy, pensions, investments, employee benefits, insurance, and health.

What kind of work is involved in the Insurance Consulting Graduate Programme at LCP?

The work at LCP involves assessing risks associated with future events and advising clients on how much money they should set aside now to cover uncertain payments in the future, as well as how that money should be invested.

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LCP

We help our clients make good decisions based on insightful analysis, industry expertise, and game-changing technology.

Finance
Industry
501-1000
Employees
1947
Founded Year

Mission & Purpose

At LCP, our experts provide clear, concise advice focused on your needs. We use innovative technology to give you real time insight & control. Our experts work in pensions, investment, insurance, energy and business analytics.

Culture & Values

  • Curious

    What we know now will get us to tomorrow, but a lens of curiosity will take us far beyond that. That’s why we question the status quo by looking at the data and analysing different angles and possible outcomes.

  • Accountable

    The way we work, and the decisions we are involved in, impact people, the world we live in and our collective future. We approach our work with this responsibility in mind and it means that clients can have confidence that our advice stands up to scrutiny and that we share their ambitions for a better future.

  • Connected

    We strive to create human connection in everything we do. It makes working with us more fun and helps us to uncover better solutions. We participate fully in the wider world around us, both across our professional landscape and with our local communities.

  • Agile

    The one constant in our world is change, so we are set up so we can move quickly and decisively. From adapting our advice in response to changing policy, developing new tools to make decisions quicker and easier to working in a bespoke way to respond to the individual needs of our clients, we are a supportive partner in a changing world.