Reinsurance Graduate Actuary - REACH 2026
Reinsurance Graduate Actuary - REACH 2026

Reinsurance Graduate Actuary - REACH 2026

Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Dive into actuarial work, analyse data, and build pricing models for insurance clients.
  • Company: Join Gallagher Re, a leader in reinsurance with a focus on innovation and collaboration.
  • Benefits: Enjoy 25+ days holiday, health plans, and opportunities for professional growth.
  • Why this job: Make a real impact in the insurance world while developing your skills and career.
  • Qualifications: 2:1 degree in Maths or Actuarial Science; strong analytical and relationship-building skills.
  • Other info: Inclusive culture with diverse opportunities and support for your career journey.

The predicted salary is between 28800 - 48000 £ 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.

As a Graduate Actuarial Analyst, you will be immersed in all aspects of front‑line actuarial work for our insurance clients from early in your career, including:

  • Analysis for client pitches and meetings and participation in client meetings
  • Assisting in building reinsurance pricing models and actuarial benchmarks
  • Data collection and manipulation in spreadsheets and other database applications
  • Developing expertise in using proprietary financial modelling and reinsurance optimisation software

You will also have the opportunity for:

  • Domestic or global travel, as required
  • Increasing opportunities for client interaction and responsibility as your experience and capabilities evolve
  • Support for industry qualifications

About You

Educational Requirements:

  • Minimum 2:1 degree in Maths or Actuarial Science and 128 UCAS points (2017 UK tariff) including A-Level Maths/Economics grade A/B or equivalent qualification.

Desired Skills and Qualifications:

  • Demonstrated enthusiasm and keen interest in the fields of Insurance, Risk Management, and Reinsurance.
  • Proven ability to cultivate and maintain robust relationships with internal and external stakeholders across all organisational levels.
  • Proficiency in Microsoft Office Suite, including Excel, Word, and PowerPoint.
  • Exceptional numerical literacy and quantitative analysis skills.
  • Proficiency in statistical and mathematical methodologies.
  • Strong drive to identify and resolve complex problems.
  • Innovative in developing effective solutions.
  • Meticulous attention to detail and accuracy.
  • Ability to propose and evaluate alternative solutions.

The Application Process:

  • Stage 1: Online application
  • Stage 2: Telephone Interview
  • Stage 3: Assessment Centre
  • Stage 4: Final interview
  • Stage 5: Offers made

Start date for the UK, International & Specialty Programme will be September 2026. The recruitment process will commence with telephone interviews, which are scheduled to take place during November and December 2025, followed by assessment centres that are planned to occur in early 2026 to ensure a thorough and comprehensive selection process. You will be notified on your progress throughout the process.

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, 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…

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. 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 with TAGlobalSupport@ajg.com.

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.

Reinsurance Graduate Actuary - REACH 2026 employer: Arthur J. Gallagher & Co. (AJG)

Gallagher Re is an exceptional employer that fosters a collaborative and innovative work culture, where your curiosity is welcomed and your professional growth is actively supported. With a commitment to inclusion and diversity, employees enjoy a range of benefits including generous holiday allowances, health plans, and opportunities for global travel, all while working alongside a team of experts dedicated to making 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 Reinsurance Graduate Actuary - REACH 2026

✨Tip Number 1

Get to know Gallagher Re! Research the company’s values, recent projects, and their approach to reinsurance. This will help you tailor your conversations during interviews and show that you're genuinely interested in being part of their team.

✨Tip Number 2

Practice your pitch! Prepare a brief introduction about yourself that highlights your skills and enthusiasm for the role. This will come in handy during networking events or interviews, making you stand out as a confident candidate.

✨Tip Number 3

Network like a pro! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insider knowledge about the company culture and potentially lead to referrals.

✨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 serious about joining Gallagher Re and ready to take the next step in your career.

We think you need these skills to ace Reinsurance Graduate Actuary - REACH 2026

Analytical Skills
Data Analysis
Proficiency in Microsoft Office Suite
Excel
Numerical Literacy
Quantitative Analysis
Statistical Methodologies
Problem-Solving Skills
Attention to Detail
Relationship Management
Actuarial Modelling
Reinsurance Pricing Models
Communication Skills
Innovative Thinking

Some tips for your application 🫡

Show Your Enthusiasm: Let your passion for insurance, risk management, and reinsurance shine through in your application. We want to see that you're genuinely excited about the role and the impact you can make at Gallagher Re.

Tailor Your CV: Make sure your CV is tailored to highlight relevant skills and experiences that match the job description. We love seeing how your background aligns with what we’re looking for, so don’t hold back!

Craft a Compelling Cover Letter: Your cover letter is your chance to tell us why you’re the perfect fit for the Graduate Actuarial Analyst role. Be personal, be engaging, and don’t forget to mention how you can contribute to our team’s success.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and helps us keep track of all the amazing candidates like you!

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

✨Know Your Numbers

As a Graduate Actuarial Analyst, you'll be dealing with data and numbers all the time. Brush up on your quantitative analysis skills and be ready to discuss how you've used them in your studies or previous experiences. Show them you can handle complex problems with ease!

✨Research Gallagher Re

Before your interview, dive deep into Gallagher Re's values, services, and recent projects. Understanding their approach to reinsurance and risk management will help you tailor your answers and demonstrate your genuine interest in the company.

✨Prepare for Scenario Questions

Expect questions that ask how you'd handle specific situations, especially around client interactions or problem-solving. Think of examples from your academic or work experience where you successfully navigated challenges, and be ready to share those stories.

✨Show Your Curiosity

Gallagher Re values curiosity and innovative thinking. Prepare thoughtful questions about the role, team dynamics, or future projects. This not only shows your enthusiasm but also helps you gauge if the company is the right fit for you.

Reinsurance Graduate Actuary - REACH 2026
Arthur J. Gallagher & Co. (AJG)
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