Catastrophe Analyst

Catastrophe Analyst

Full-Time 50000 - 65000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Use catastrophe models to assess risk and create tailored solutions for clients.
  • Company: Join Gallagher, a leader in the insurance industry with a commitment to diversity.
  • Benefits: Enjoy 25+ days holiday, health plans, and employee stock purchase options.
  • Other info: Inclusive workplace with excellent career growth and volunteering opportunities.
  • Why this job: Make a real impact by analysing natural disasters and supporting clients in need.
  • Qualifications: Degree in a numerate subject and experience in insurance markets required.

The predicted salary is between 50000 - 65000 £ per year.

How you'll make an impact:

  • Use catastrophe models to assess risk for client portfolios.
  • Analyse client data and portfolio structures to create tailored risk solutions.
  • Collaborate with clients, reinsurers, brokers, and actuaries on model interpretation and portfolio management.
  • Develop and share new service offerings with internal and external partners.
  • Provide real-time analysis of natural disasters and post-event support to clients.
  • Stay updated on model revisions and evaluate their impact.

About You:

  • You’ve got a degree in a numerate or hazard‑related subject.
  • You’ve worked in the London or global insurance markets and understand the (re)insurance business.
  • You’re skilled in using catastrophe models like RMS or AIR.
  • You understand the science behind natural hazards and risk models.
  • You’re creative and enjoy developing bespoke technical solutions.
  • You’ve got strong IT skills, ideally with programming experience (e.g. SQL, VBA, R).
  • You’re quick to process and interpret data.

Compensation and benefits:

  • 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. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

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. 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, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non‑conforming individuals), 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 (herein referred to as “protected characteristics”) 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.

Catastrophe Analyst employer: Gallagher Re

SOCOTEC is an exceptional employer that values the expertise of its employees, offering a competitive salary and a comprehensive benefits package that includes 25 days of holiday, an electric car scheme, and family-friendly support. The work culture fosters recognition and growth, providing opportunities for professional development while contributing to vital infrastructure projects across the UK, ensuring a meaningful and rewarding career in a supportive environment.

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Contact Details:

Gallagher Re Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Catastrophe Analyst

Tip Number 1

Network like a pro! Reach out to your connections in the insurance and catastrophe modelling sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

Tip Number 2

Show off your skills! Create a portfolio showcasing your experience with catastrophe models like RMS or AIR. Include case studies or projects that highlight your analytical prowess. This will give potential employers a taste of what you can bring to the table.

Tip Number 3

Prepare for interviews by brushing up on your technical knowledge and current trends in the (re)insurance market. Be ready to discuss how you can tailor risk solutions for clients. Practice common interview questions and think about how your background fits the role.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. So, get your application in and let’s make some waves together!

We think you need these skills to ace Catastrophe Analyst

Catastrophe Modelling
Risk Assessment
Data Analysis
Portfolio Management
Collaboration Skills
Technical Solution Development
IT Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with catastrophe models and the insurance market. We want to see how your skills align with the role of a Catastrophe Analyst, so don’t hold back!

Show Off Your Technical Skills:If you've got programming experience in SQL, VBA, or R, make it shine! We love seeing candidates who can handle data like a pro, so include any relevant projects or experiences that showcase your IT skills.

Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon unless it's relevant. We appreciate a well-structured application that gets straight to the point!

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!

How to prepare for a job interview at Gallagher Re

Know Your Catastrophe Models

Make sure you brush up on your knowledge of catastrophe models like RMS or AIR. Be ready to discuss how you've used these models in the past and how they can be applied to assess risk for client portfolios.

Showcase Your Analytical Skills

Prepare to demonstrate your ability to analyse client data and portfolio structures. Bring examples of tailored risk solutions you've developed, and be ready to explain your thought process behind them.

Collaborate Like a Pro

Since collaboration is key in this role, think of instances where you've worked with clients, reinsurers, or brokers. Be prepared to share how you effectively communicated complex information and contributed to successful outcomes.

Stay Updated on Industry Trends

Familiarise yourself with recent developments in natural hazards and risk models. Being able to discuss current events or model revisions will show that you're proactive and engaged in the industry.