Casualty Actuarial Analyst

Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you will be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before.

Gallagher Re is one of the world’s leading reinsurance advisory and broking firms. We bring together sophisticated analytics capabilities, risk transfer and transactional expertise to provide advice and counsel to our clients. We help our clients interpret the data to guide their decisions surrounding the management of their risk portfolio.

We are seeking to hire an Actuarial Analyst to join our Casualty team based in London (City). In this role, you will apply your expertise in insurance and reinsurance pricing techniques to provide outstanding client service and contribute to the ambitious growth targets of the team. We are looking for someone with strong interpersonal skills, happy to lead meetings and deliver risk solutions.

Responsibilities:

• Risk analysis and modelling of clients’ portfolios including complex multinational groups.
• Design and evaluation of risk management strategies for specialty lines including emerging risks.
• Building bespoke models and developing new modelling approaches for un-modelled perils, niche portfolios or black swan events.
• Valuation and pricing of reinsurance contracts, structured insurance solutions and capital market products.
• Being involved in renewals, tenders and ad-hoc projects.
• Liaising with stakeholders and building strong relationships by communicating effectively, internally and externally, to maximise service delivery levels.

Qualifications:

• Part-qualified as an actuary ideally although not mandatory.
• Excellent interpersonal skills, with a proactive approach to forming relationships with clients.
• Sound knowledge and confidence in presenting model outputs, model limitations, and assumptions.
• Excellent verbal and written communication skills.
• From 1/2 years of professional work experience in Re/Insurance industry.

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, we’ll 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…

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. We understand that applicants may have disabilities; if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know. Should you require reasonable adjustments to your application, please get in touch.

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.