Actuarial Analyst - LATAM

Gallagher UK; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

Join a forward-thinking company as a Junior Reinsurance Actuary, where you'll leverage your analytical skills to impact the reinsurance landscape. This entry-level role offers the chance to work closely with brokers and analysts across the Americas, providing strategic advisory services in reinsurance analytics. You'll engage with clients, develop bespoke models, and guide junior team members, all while enjoying a supportive team environment and a competitive salary. With a commitment to inclusion and diversity, this innovative firm provides numerous benefits and opportunities for career growth.

Benefits

25+ Days Holiday

Defined Contribution Pension Scheme

Life Insurance

Income Protection

Health Cash Plan

Volunteering Days

Stock Purchase Plans

Gym Discounts

Season Ticket Loans

Family Care Support

Qualifications

• 2+ years of experience in reinsurance or related fields.
• Strong analytical skills and advanced mathematical techniques.

Responsibilities

• Pricing reinsurance treaties for various lines of business.
• Optimizing reinsurance structures and profitability analysis.

Skills

Reinsurance Pricing

Analytical Skills

Stakeholder Engagement

Communication Skills

Mathematical Techniques

Education

Professional Actuarial Qualification

Degree in Actuarial Science or Related Field

Job description

Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before.

Overview

Gallagher Re is seeking a Junior Reinsurance Actuary with initial experience in reinsurance pricing and structuring. The role can be based in London or São Paulo and involves working closely with brokers in London, Miami, and South America, as well as analysts across the region (Americas, UK, and India) to provide strategic advisory services in reinsurance analytics. This is a highly commercial role with excellent career prospects, offering exposure to all P&C lines of business, including customized/alternative solutions, specialty lines, and life reinsurance deals.

How You'll Make An Impact

• Reinsurance treaty pricing for property, casualty, and specialty lines.
• Optimization of reinsurance structures and profitability analysis to manage earnings volatility and solvency risk.
• Analytical reviews such as DFA modeling, structuring, and pricing for RFPs.
• DFA modeling of structured or customized solutions across multiple lines, aligned with client risk frameworks.
• Development of bespoke models and innovative approaches for poorly modeled or niche portfolios.
• Delivering presentations and advice to clients and C-suite executives across Latin America and the Caribbean.
• Creating innovative analytical products to expand service offerings.
• Guidance to junior team members.
• Regional travel and client presentations in Miami, South/Central America, and the Caribbean.

About You

• At least 2 years of professional experience in reinsurance (broker, reinsurer, or ceded reinsurance at an insurer).
• Professional or academic actuarial qualification or similar.
• Strong analytical skills with the ability to apply advanced mathematical and actuarial techniques.
• Excellent interpersonal skills for stakeholder engagement.
• Ability to manage multiple priorities and delegate effectively.
• Strong communication skills, both oral and written.
• Experience in training junior staff is desirable.
• Spanish proficiency is desirable.

Compensation and Benefits

We offer a competitive salary, a supportive team environment, and various benefits, including:

• At least 25 days holiday plus bank holidays, with options to buy extra days.
• Defined contribution pension scheme with company contributions.
• Life insurance (4x salary, up to 10x optional).
• Income protection up to 50% of salary, with options to top-up.
• Health cash plan or private medical insurance.

Additional benefits include volunteering days, stock purchase plans, critical illness cover, gym discounts, season ticket loans, shopping vouchers, family care support, and more.

Our Commitment to Inclusion and Diversity

Gallagher values inclusion and diversity, embedding these principles into our culture. We are committed to supporting employees with disabilities and ensuring an equitable recruitment process. We are a Disability Confident employer and provide reasonable adjustments upon request. We uphold equal employment opportunities and prohibit discrimination based on protected characteristics.

Additional Information

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Finance and Sales
• Industry: Insurance