Actuarial Analyst - Specialty

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

Job summary

An established industry player is seeking an Actuarial Analyst to join their dynamic Specialty team in London. This role offers the chance to leverage your expertise in insurance pricing and risk analysis while contributing to innovative solutions for clients. You'll engage with stakeholders, build strong relationships, and drive impactful decision-making. With a commitment to inclusion and diversity, this firm fosters a supportive environment where your contributions will be valued. If you're ready to take your career to the next level and make a real impact in the reinsurance sector, this opportunity is for you.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance up to 10x salary

Income protection

Health cash plan or Private medical insurance

Employee Stock Purchase plan

Discounted gym membership

Season ticket loan

Emergency back-up family care

Volunteering days

Qualifications

• Part-qualified actuary preferred, with strong interpersonal skills.
• 1-2 years of experience in the Re/Insurance industry.

Responsibilities

• Conduct risk analysis and modeling for clients' portfolios.
• Design risk management strategies for specialty lines.

Skills

Interpersonal Skills

Insurance Pricing Techniques

Risk Analysis

Communication Skills

Analytical Skills

Education

Part-qualified Actuary

Bachelor's Degree in Mathematics 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.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Overview

Gallagher Re - Actuarial Analyst - Specialty Reinsurance - London (City)

The company:

• 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 an Actuarial Analyst to join our Specialty 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.
• We are looking for someone with strong interpersonal skills, happy to lead meetings and deliver risk solutions.

How You'll Make An Impact

The responsibilities:

• Risk analysis and modelling of clients’ portfolios including complex multinational groups.
• Design and evaluation of risk management strategies for specialty lines including emerging risks.
• Building bespoke models and developing new modelling approaches for un-modelled perils, niche portfolios or black swan events.
• Valuation and pricing of reinsurance contracts, structured insurance solutions and capital market products.
• Being involved in renewals, tenders and ad-hoc projects.
• Liaising with stakeholders and building strong relationships by communicating effectively, internally and externally, to maximise service delivery levels.

About You

The qualifications:

• Part-qualified as an actuary ideally 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.
• From 1/2 years of professional work experience in Re/Insurance industry.

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…

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, 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.

Should you require reasonable adjustments to your application, please get in touch with [e-mail] . If you’d prefer to speak on the phone, please request a call back, leaving details, so we 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 (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.