FAC Reinsurance Pricing Actuary in London

FAC Reinsurance Pricing Actuary in London

London Full-Time 60000 - 75000 £ / year (est.) No working from home possible
All The Top Bananas

At a Glance

  • Tasks: Support facultative placements and develop pricing tools in a dynamic reinsurance environment.
  • Company: Gallagher Re, a global leader in reinsurance and risk transfer solutions.
  • Benefits: Enjoy 25+ days holiday, health insurance, and employee stock purchase plans.
  • Other info: Join a diverse team committed to inclusion and sustainability.
  • Why this job: Make a real impact with analytics and innovative solutions in the reinsurance sector.
  • Qualifications: Qualified or nearly qualified actuary with experience in pricing and analytics.

The predicted salary is between 60000 - 75000 £ per year.

At Gallagher Re, we bring clarity to complexity by helping clients around the world make confident, data-driven decisions in a rapidly evolving risk landscape. Here, you'll be part of a team that leverages world-class analytics and deep reinsurance expertise to deliver strategic advisory services and transactional excellence. Together, we transform advanced insights and market intelligence into strategies that protect businesses, drive performance, and shape the future of reinsurance.

This role sits at the intersection of analytics, broking, and deal execution, supporting facultative placements and structured transactions. It is highly commercial and transaction-focused, with exposure to brokers, clients, and reinsurers, and forms part of the developing Non-Cat analytics capability.

How you'll make an impact:
  • Support facultative placements, renewals, and new business opportunities, including RFPs
  • Support structuring across proportional, XoL, aggregate, and bespoke solutions
  • Deliver pricing and portfolio analytics across multiple lines
  • Develop and enhance pricing tools and models
  • Work closely with brokers and support client discussions
  • Contribute to development of Non-Cat analytics capability
About You:
  • Qualified or nearly qualified actuary
  • Experience in pricing, analytics, or related field
  • Understanding of reinsurance structures (prop, XoL, aggregates)
  • Must have UK Right to Work
  • Advanced Excel (essential)
  • Python, R, SQL or similar (preferred)
  • Experience working with AI tools (e.g. Copilot, Claude)
Compensation and benefits:

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you'll get, depending on your job level these benefits may improve:

  • Minimum of 25 days holiday, plus bank holidays, and the option to buy extra days
  • Defined contribution pension scheme, which Gallagher will also contribute to
  • Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
  • Income protection, will cover up to 50% of your annual income, with options to top up
  • Health cash plan or Private medical insurance
  • Three fully paid volunteering days per year
  • Employee Stock Purchase plan, offering company shares at a discount
  • Share incentive plan, HMRC approved, tax effective, stock purchase plan
  • Critical illness cover
  • Discounted gym membership, with over 3,000 gyms nationally
  • Season ticket loan
  • Access to a discounted voucher portal to save money on your weekly shop or next big purchase
  • Emergency back-up family care
  • And many more

We value inclusion and diversity. Inclusion and diversity (I&D) is a core part of our business, and it's embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees' diverse identities, experiences and talents, allowing us to better serve our clients and communities.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

FAC Reinsurance Pricing Actuary in London employer: All The Top Bananas

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All The Top Bananas

Contact Details:

All The Top Bananas Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land FAC Reinsurance Pricing Actuary in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

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Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like All The Top Bananas. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace FAC Reinsurance Pricing Actuary in London

Actuarial Skills
Pricing Analytics
Reinsurance Structures Understanding
Advanced Excel
Python
R
SQL

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to All The Top Bananas.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on All The Top Bananas's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at All The Top Bananas

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with All The Top Bananas.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at All The Top Bananas will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former All The Top Bananas employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.