Senior Actuary – UK&I in London

Senior Actuary – UK&I in London

London Full-Time 60000 - 80000 € / year (est.) No home office possible
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At a Glance

  • Tasks: Lead reinsurance pricing analytics and drive client discussions to optimise strategies.
  • Company: Gallagher Re, a top reinsurance advisory firm with a collaborative culture.
  • Benefits: 25+ days holiday, pension contributions, health plans, and employee stock options.
  • Other info: Inclusive workplace committed to diversity and community support.
  • Why this job: Make a real impact in the evolving risk landscape while growing your career.
  • Qualifications: Qualified actuary with experience in insurance or reinsurance pricing.

The predicted salary is between 60000 - 80000 € 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.

We're a community of decision makers, future shapers, and trusted experts working side by side to deliver meaningful impact through innovative thinking and practical solutions. At Gallagher Re, your curiosity is welcomed, your growth is championed, and your work truly matters. This is a place where you'll have the freedom to explore new ideas, take ownership of your career, and collaborate with people who are as driven and inquisitive as you are.

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 a qualified actuary to join our UK & Ireland 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. The UK & I team is focused on placing risk solutions within the motor, property, liability and PL (Personal Lines).

How you'll make an impact:

  • Lead reinsurance pricing analytics on a portfolio of clients, including strategic reviews to refresh and optimise reinsurance strategy.
  • Drive analytical broking discussions with reinsurers to help our clients achieve optimal reinsurance terms.
  • Conduct client meetings to discuss model outputs, limitations, and assumptions.
  • Carry out market analysis to benchmark assumptions on rate change, loss inflation, etc.
  • Help drive the team growth through participation in RFPs, team management / mentorship and developing current and prospect client relationships.

About You:

  • Qualified actuary with proven experience.
  • Prior experience in insurance and/or reinsurance pricing techniques.
  • Ideally from a PL experience 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.
  • Eligible to work in the UK.

Compensation and benefits:

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. 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.
  • Other benefits include:
    • 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 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. We see inclusion as a conscious commitment and diversity as a vital strength.

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. We'll help if you let us know.

Should you require reasonable adjustments to your application, please get in touch with TAGlobalSupport@ajg.com. If you'd prefer to speak on the phone, please request a call back, leaving details, so we 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 or belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, colour, religion, creed, gender (including pregnancy status), sexual orientation, gender identity, gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Senior Actuary – UK&I in London employer: Arthur J. Gallagher & Co. (AJG)

Gallagher Re is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, you will have access to extensive benefits, including generous holiday allowances, a robust pension scheme, and opportunities for professional development. Join a diverse community that values inclusion and empowers you to make a meaningful impact in the reinsurance industry.

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Contact Detail:

Arthur J. Gallagher & Co. (AJG) Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Actuary – UK&I in London

Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. The more people you know, the better your chances of landing that Senior Actuary role.

Tip Number 2

Prepare for interviews by brushing up on your technical skills and understanding the latest trends in reinsurance. Be ready to discuss how your experience aligns with Gallagher Re's mission to provide data-driven solutions.

Tip Number 3

Showcase your interpersonal skills during interviews. Remember, they’re looking for someone who can lead meetings and build relationships, so be sure to highlight your past experiences in these areas.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Gallagher Re team.

We think you need these skills to ace Senior Actuary – UK&I in London

Actuarial Expertise
Insurance Pricing Techniques
Reinsurance Pricing Techniques
Interpersonal Skills
Client Relationship Management
Analytical Skills
Market Analysis

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Senior Actuary role. Highlight your experience in insurance and reinsurance pricing techniques, and don’t forget to showcase those strong interpersonal skills we’re looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about joining Gallagher Re and how your expertise can help us drive performance and shape the future of reinsurance.

Showcase Your Analytical Skills:Since this role involves leading reinsurance pricing analytics, be sure to include examples of your analytical work. Discuss any strategic reviews or market analyses you've conducted that demonstrate your ability to optimise reinsurance strategies.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and get you on the path to joining our amazing team!

How to prepare for a job interview at Arthur J. Gallagher & Co. (AJG)

Know Your Numbers

As a Senior Actuary, you'll need to demonstrate your expertise in insurance and reinsurance pricing techniques. Brush up on key metrics and analytics relevant to the role, and be prepared to discuss how you've applied these in past experiences.

Showcase Your Interpersonal Skills

Gallagher Re values strong interpersonal skills, so practice articulating your thoughts clearly and confidently. Think of examples where you've successfully led meetings or built relationships with clients, as this will highlight your ability to drive discussions effectively.

Prepare for Analytical Discussions

Expect to engage in analytical broking discussions during your interview. Familiarise yourself with common model outputs, limitations, and assumptions, and be ready to explain these concepts in a way that demonstrates your understanding and confidence.

Research the Company Culture

Gallagher Re prides itself on its inclusive and diverse culture. Take some time to understand their values and how they support employee growth. This will not only help you align your answers with their ethos but also show that you're genuinely interested in being part of their community.