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Gallagher Re is seeking a Junior Reinsurance Actuary based in London, focused on reinsurance pricing and structuring. This role offers excellent career prospects, requiring strong analytical skills and professional qualifications, with opportunities to work closely with regional clients and stakeholders.
Overview
Gallagher Re is looking for a Junior Reinsurance Actuary with a first experience in Reinsurance pricing and structuring. You’ll be based in London (City) and work closely with brokers in London, Miami and South America and Analysts across the region (Americas, UK and India ) to provide strategic advisory services to a wide range of clients in all aspects of reinsurance analytics.. This is a highly commercial role with excellent career prospects. You will gain exposure to all P&C lines of business including Customized/Alternative solutions, Specialty Lines as well as Life reinsurance deals. How you'll make an impact • Reinsurance treaty pricing for property (mainly), but also casualty and specialty lines. • Reinsurance structure optimisation and profitability analysis to manage earnings volatility and solvency risk for local and regional clients. • Analytical reviews (, DFA modelling, structuring and pricing) in response to request for proposals. • DFA modelling of structured / customised solutions across multiple lines of business in line with the client’s risk appetite framework. • Building bespoke models and developing new modelling approaches for un / poorly modelled perils, niche portfolios or black swan events. • Delivering compelling presentations and advice to the Reinsurance buyer and C-suite of insurance groups across Latin America and the Caribbean. • Develop innovative analytical products to expand the service offering to current clients and prospects. • Providing guidance to more junior members of the team. • Opportunity to travel in the region and present to clients in Miami, across South / Central America and in the Caribbean. About You • 2+ years professional work experience in Reinsurance industry (reinsurance broker, reinsurer or ceded reinsurance team at an insurer) • Professional / academic actuarial or similar qualification • Strong analytical skills, ability to apply advanced mathematical / actuarial concepts and techniques in a dynamic environment. • Strong interpersonal skills to deal with a wide variety of stakeholders. • Ability to manage competing priorities and delegate tasks as appropriate. • Strong oral and written communication skills. • Experience in training more junior people desirable • Spanish-speaking proficiency desirable 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…Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit. Check our Blog for more information.
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Created on 29/06/2025 by TN United Kingdom