Gallagher Re – Reinsurance Pricing Actuary – London (City) – Program Solutions Analytics
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 or 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
- 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, paying 4x your basic annual salary, upgradable to 10x.
- Income protection, covering 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 access to 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, and if you do, you may find some parts of the recruitment process more challenging. 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 can 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.
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