At a Glance
- Tasks: Join a dynamic team to analyse data and drive pricing strategies in reinsurance.
- Company: Gallagher Re, a leader in risk management and analytics.
- Benefits: Enjoy 25+ days holiday, health insurance, and employee stock options.
- Other info: Inclusive workplace committed to diversity and career growth.
- Why this job: Make a real impact in the evolving world of reinsurance with innovative solutions.
- Qualifications: Qualified or nearly qualified actuary with reinsurance experience preferred.
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 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/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.
- Drive pricing and risk evaluation projects for Program Solutions.
- 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.
Qualified or newly qualified actuary with experience ideally from a reinsurance background.
On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of 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.
- Health cash plan or Private medical insurance.
- 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.
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.
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.
Life Actuary - Assurance in London employer: Gallagher Re
Gallagher Re is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are empowered to leverage their expertise in a dynamic environment. With a strong commitment to employee growth, we offer extensive benefits including generous holiday allowances, health plans, and opportunities for professional development, all while being situated in the vibrant City of London. Join us to make a meaningful impact in the reinsurance industry, surrounded by a diverse community of experts dedicated to innovation and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Life Actuary - Assurance in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. We can’t stress enough how important it is to make those personal connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching Gallagher Re and understanding their approach to risk management. We recommend practising common interview questions and having your own questions ready to show your interest and enthusiasm for the role.
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, focus on specific projects or challenges you’ve tackled. We want to see how you’ve applied your actuarial expertise in practical situations.
✨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 take the initiative to engage directly with us.
We think you need these skills to ace Life Actuary - Assurance in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Life Actuary role. Highlight your experience in insurance and reinsurance pricing techniques, and don’t forget to showcase any relevant projects you've worked on that align with our ambitious growth targets.
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 skills can contribute to our Program Solutions Analytics team. Be genuine and let your personality come through!
Showcase Your Analytical Skills:Since we’re all about data-driven decisions, make sure to highlight your analytical skills in your application. Mention any specific tools or methodologies you’ve used in market analysis or risk evaluation projects that could benefit our clients.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need about the position there!
How to prepare for a job interview at Gallagher Re
✨Know Your Numbers
As a Life Actuary, you'll be dealing with complex data and pricing techniques. Brush up on your actuarial principles and be ready to discuss specific examples of how you've applied these in previous roles. This will show your expertise and confidence in handling the responsibilities of the position.
✨Understand the Company Culture
Gallagher Re values inclusion and diversity, so make sure you understand their commitment to these principles. Be prepared to discuss how you can contribute to a diverse team and support an inclusive environment. This will demonstrate that you align with their values and are a good fit for their culture.
✨Prepare for Technical Questions
Expect technical questions related to reinsurance pricing and risk evaluation. Review common methodologies and be ready to explain your thought process. Practising with mock interviews can help you articulate your answers clearly and confidently during the actual interview.
✨Showcase Your Collaborative Spirit
Collaboration is key in this role, especially when working with the data team. Prepare examples of past projects where you successfully collaborated with others to achieve a common goal. Highlighting your teamwork skills will show that you're ready to contribute positively to the Program Solutions Analytics team.
