At a Glance
- Tasks: Lead reinsurance pricing analytics and drive client discussions to optimise strategies.
- Company: Gallagher Re, a top reinsurance advisory firm with a collaborative culture.
- Benefits: 25+ days holiday, pension scheme, life insurance, health plans, and more.
- Other info: Inclusive workplace committed to diversity and employee well-being.
- Why this job: Make a real impact in the reinsurance industry while growing your career.
- Qualifications: Qualified actuary with experience in insurance or reinsurance pricing.
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.
We are seeking to hire a qualified actuary to join our UK & Ireland team based in London (City). In this role, you will apply your expertise in insurance and reinsurance pricing techniques to provide outstanding client service and contribute to the ambitious growth targets of the team.
The UK&I team is focused on placing risk solutions within the motor, property, liability and PL (Personal Lines).
How You'll Make an Impact- Lead reinsurance pricing analytics on a portfolio of clients, including strategic reviews to refresh and optimise reinsurance strategy.
- Drive analytical broking discussions with reinsurers to help our clients achieve optimal reinsurance terms.
- Conduct client meetings to discuss model outputs, limitations, and assumptions.
- Carry out market analysis to benchmark assumptions on rate change, loss inflation, etc.
- Help drive the team growth through participation in RFPs, team management / mentorship and developing current and prospect client relationships.
- Qualified actuary with proven experience.
- Prior experience in insurance and/or reinsurance pricing techniques.
- Ideally from a PL experience although not mandatory.
- 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.
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.
- 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.
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.
Senior Actuary – UK&I in London employer: Gallagher Re
Gallagher Re is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong commitment to employee growth, you will benefit from extensive training opportunities, a generous holiday allowance, and a range of health and wellness benefits, including private medical insurance and discounted gym memberships. Join a diverse community that values your contributions and encourages you to explore new ideas while making a meaningful impact in the reinsurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary – UK&I in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching Gallagher Re and understanding their approach to reinsurance. We want to see that you’re genuinely interested in how we operate and how you can contribute to our team. Tailor your questions to show off your knowledge!
✨Tip Number 3
Practice your pitch! You’ll want to clearly articulate your experience and how it aligns with the role of Senior Actuary. We recommend rehearsing with a friend or in front of a mirror to boost your confidence before the big day.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can go a long way in showing your enthusiasm for the position. Plus, it keeps you on the radar as they make their decision. Remember, we’re rooting for you!
We think you need these skills to ace Senior Actuary – UK&I in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Actuary role. Highlight your experience in insurance and reinsurance pricing techniques, and don’t forget to showcase those excellent interpersonal skills we’re looking for!
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 background aligns with our mission of helping clients make data-driven decisions.
Showcase Your Analytical Skills:Since this role involves leading reinsurance pricing analytics, be sure to include examples of your analytical work. Talk about how you've driven discussions with reinsurers or conducted market analysis in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to keep track of your application and ensure you don’t miss out on any updates!
How to prepare for a job interview at Gallagher Re
✨Know Your Numbers
As a Senior Actuary, you'll need to demonstrate your expertise in insurance and reinsurance pricing techniques. Brush up on key metrics and analytics relevant to the role, and be prepared to discuss how you've applied these in past experiences. This will show that you can bring clarity to complexity, just like Gallagher Re does.
✨Showcase Your Interpersonal Skills
Gallagher Re values strong interpersonal skills, so be ready to highlight your experience in leading meetings and forming relationships with clients. Prepare examples of how you've successfully communicated complex model outputs and assumptions to non-technical stakeholders. This will help you stand out as a proactive team player.
✨Research the Market
Conduct thorough market analysis before your interview. Familiarise yourself with current trends in the motor, property, liability, and personal lines sectors. Being able to discuss recent developments and how they impact reinsurance strategies will demonstrate your commitment and insight into the industry.
✨Prepare Thoughtful Questions
Interviews are a two-way street, so come armed with insightful questions about Gallagher Re's approach to risk management and client service. This not only shows your genuine interest in the company but also gives you a chance to assess if their values align with yours. Remember, curiosity is welcomed here!
