At a Glance
- Tasks: Drive pricing and risk evaluation projects while collaborating with clients and data teams.
- Company: Gallagher Re, a leading reinsurance advisory firm with a focus on analytics.
- Benefits: 25+ days holiday, life insurance, health plans, and employee stock options.
- Other info: Inclusive culture that values diversity and offers excellent career growth opportunities.
- Why this job: Join a dynamic team to shape the future of reinsurance with your analytical skills.
- Qualifications: Qualified or nearly qualified actuary with reinsurance pricing experience.
The predicted salary is between 55000 - 65000 £ 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.
The company: 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.
The role: We are seeking to hire a qualified/nearly qualified actuary to join our Program Solutions Analytics team. In this role, you will apply your expertise in insurance and reinsurance pricing techniques across a broad range of lines of business to provide outstanding client service and contribute to the ambitious growth targets of the team. The Program Solutions team is focused on placing capacity for Lloyd's Coverholders and MGAs.
How you'll make an impact:
- Drive pricing and risk evaluation projects for Program Solutions.
- Conduct client meetings to discuss model outputs, limitations, and assumptions.
- Carry out market analysis to benchmark assumptions on rate change, loss inflation, etc.
- Collaborate with the data team to ensure accurate, efficient data processing and analysis.
About You:
- Qualified or newly qualified actuary with experience ideally from a reinsurance background.
- Prior experience in reinsurance pricing essential.
- Ideally from a Casualty and/or Property experience.
- 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. 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.
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. 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 (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.
Actuary - Programs Solutions Analytics in London employer: Gallagher Re
At Gallagher Re, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Our commitment to employee growth is evident through comprehensive benefits, including generous holiday allowances, a robust pension scheme, and opportunities for professional development, all while fostering a culture of inclusion and diversity. Join us to make a meaningful impact in the reinsurance industry, where your contributions are valued and your career aspirations are supported.
StudySmarter Expert Advice🤫
We think this is how you could land Actuary - Programs Solutions Analytics in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance world and let them know you're on the lookout for opportunities. A friendly chat can lead to valuable insights or even a referral.
✨Tip Number 2
Prepare for interviews by diving deep into Gallagher Re's values and recent projects. Show us that you’re not just another candidate, but someone who genuinely understands our mission and is excited to contribute.
✨Tip Number 3
Practice your presentation skills! You’ll need to confidently discuss model outputs and assumptions, so grab a friend and run through your explanations. The clearer you are, the more impressive you'll be.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Actuary - Programs Solutions Analytics in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Actuary role at Gallagher Re. Highlight your experience in reinsurance pricing and any relevant projects you've worked on. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a great fit for our Program Solutions Analytics team. Let your personality come through!
Showcase Your Communication Skills:Since excellent verbal and written communication skills are key for this role, make sure your application reflects that. Keep your language clear and concise, and don’t forget to proofread for any typos!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Gallagher Re
✨Know Your Numbers
As an actuary, you'll be expected to have a solid grasp of pricing techniques and risk evaluation. Brush up on your knowledge of insurance and reinsurance pricing methods, and be ready to discuss how you've applied these in past roles. This will show that you can hit the ground running.
✨Showcase Your Communication Skills
Gallagher Re values excellent verbal and written communication skills. Prepare to explain complex model outputs and assumptions clearly and concisely. Practise presenting your ideas to friends or family to ensure you can convey your thoughts effectively during the interview.
✨Research the Company
Familiarise yourself with Gallagher Re's mission and values. Understand their approach to analytics and client service. This will not only help you answer questions more effectively but also demonstrate your genuine interest in the company and its goals.
✨Prepare for Client Scenarios
Since the role involves conducting client meetings, think about potential scenarios you might face. Prepare examples of how you've successfully managed client relationships in the past, particularly in discussing model limitations and assumptions. This will highlight your interpersonal skills and proactive approach.
