Senior CAT Risk Analyst in City of London

At Gallagher Re, we help ensure our clients have the right protection in place so when the unexpected happens it is not catastrophic for their business. We think of ourselves as enabling resilience in an uncertain world. We look at the world of risk from different perspectives, working with our clients at each stage of the risk identification, risk mitigation and risk transfer process.

The Catastrophe Analytics team, embedded into the broking unit, assists clients in analysing the risk to their business from all aspects of natural perils and catastrophic events.

The position is for a lead catastrophe analyst, based in London, to join the Catastrophe Analytics team. The successful candidate will:

• Lead and contribute to renewal modelling projects on local and global accounts and develop & deploy service offering to clients, alongside our research teams and external academic partners.
• Quantify the catastrophe risk to Gallagher Re client portfolios using vendor catastrophe models and Gallagher Re proprietary models.
• Engage with clients, reinsurers, brokers & actuaries on topics including model interpretation, portfolio management and bespoke analytical projects.
• Contribute to Gallagher Re’s wider Catastrophe Analytics services, collaborating with other business units on wider projects, as part of our agile team.
• Understand and evaluate the impact of updates and revisions to models and the outputs produced.
• Contribute to reporting and analysis of natural disasters to support clients post-event.
• Support junior members in the team through training and advice.
• Work with colleagues in a variety of locations, including across Europe and our analytics hub in Mumbai.

The successful candidate should have:

• A degree in numerate or hazard-related subjects.
• Proven experience in the (re)insurance market and in catastrophe risk analysis using at least one of the main vendor models RMS and Verisk.
• Working knowledge of (re)insurance business including understanding reinsurance structures and their application.
• Ability to be client facing and lead our analytics relationship with clients.
• Strong problem-solving skills and keen attention to detail.
• Excellent IT skills, including working knowledge of SQL.
• Excellent communication skills.
• The ability to work in a team and highly motivated to learn and grow within a global market leader.
• Eligibility to work in the UK.

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. 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. 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. 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/ 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 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.