Catastrophe Risk and Actuarial Analytics - Career Returners Programme

Gallagher; London; On-site; GBP 30,000 - 60,000; Full time

Job summary

Join a forward-thinking company as a Catastrophe Modelling Analyst or Actuarial Analyst in London, where you'll leverage your analytical skills to transform data into actionable insights. This exciting role offers a unique opportunity to work on impactful projects in the reinsurance industry, focusing on natural perils and client engagement. With a commitment to innovation and excellence, you'll be part of a dynamic team dedicated to delivering top-notch analytical solutions. Embrace the chance to grow your career with specialized coaching and mentorship in a supportive environment. Apply now to shape the future of analytics in insurance!

Benefits

Minimum of 25 days holiday

Defined contribution pension scheme

Life insurance

Income protection

Health cash plan or Private medical insurance

Three fully paid volunteering days

Employee Stock Purchase plan

Discounted gym membership

Season ticket loan

Emergency back-up family care

Qualifications

• Experience in insurance markets and knowledge about insurance business is desirable.
• Strong IT skills, ideally with programming experience.

Responsibilities

• Contribute to renewal modelling projects and client engagement.
• Risk analysis and modelling of clients’ portfolios.

Skills

Problem-Solving Skills

Analytical Skills

Interpersonal Skills

Numeracy Skills

Client Engagement

Education

Degree in a relevant field (e.g., Mathematics, Statistics)

Tools

SQL

VBA

R

Job description

Introduction

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 UK is partnering with Career Returners for a second year to launch their Career Returners Programme aimed at supporting returning professionals whose previous careers were in Insurance, Financial Services or Consulting industries.

We are pleased to have opportunities available this year in Catastrophe Risk Analytics and Actuarial Analytics. This is an exciting time to join Gallagher Re as huge investment is being ploughed into Analytics to make us the best in class Analytics broker. You will have the opportunity to help shape the way we service clients and analytical outputs. If you have experience in either field and a high level of numeracy we would love to hear from you.

What can you expect from the programme?

• A 6-month paid employment opportunity, with a strong possibility of a permanent role at the end of the programme.
• Specialised coaching from Career Returners to support your return to the workplace.
• A mentor from a relevant Gallagher employee affinity group.
• A buddy to assist you in learning the ropes.
• Access to a curated suite of training and learning opportunities.
• Program of learning and networking opportunities with leaders from Gallagher.
• An opportunity to revamp your skills, update your resume with new experience, and grow your network.

How you'll make an impact

The Catastrophe Modelling Analyst, based in London, will join the International Catastrophe Analytics team with a focus on property & casualty lines of business. The team assists clients in analysing the risk to their business from all aspects of natural perils and catastrophes.

• Contribute to renewal modelling projects on domestic and global accounts.
• Engage on developing and deploying service offering to clients alongside our research teams and external academic partners.
• Real-time reporting and analysis of natural disasters and supporting clients post-event.
• Year-round client engagement on topics such as model interpretation, portfolio management and bespoke analytical projects in collaboration with the local brokers in London.
• Contribute to broader projects including climate related projects as Gallagher Re supports clients with the evolving regulatory landscape on climate change in the UK.

The Actuarial Analyst, based in London, will join the International team. In this role, you will apply your expertise in financial services pricing techniques to provide outstanding client service and contribute to the growth of the team. The ideal individual will be someone with interpersonal, analytical and numeracy skills.

• Risk analysis and modelling of clients’ portfolios.
• Valuation and pricing of reinsurance contracts, structured insurance solutions and capital market products.
• Delivering presentations and advice to insurance groups.
• Involvement in renewals, tenders and ad-hoc projects.
• Supporting development of product innovation, both to expand existing relationships and to facilitate entry into new ones.

About You

• Problem-Solving skills and keen attention to detail.
• Experience in insurance markets with knowledge about insurance business (desirable).
• Interest to be client facing and leading analytics relationship with key clients.
• IT skills, ideally with computer programming skills (e.g. SQL, VBA, R).
• Interpersonal skills.
• A great teammate and highly motivated to learn and grow within a global market leader.
• Eligible to work in the UK.

Join our team and be a part of a company that values your expertise and offers opportunities for growth and development. Apply now and take the next step in your career in our fantastic Analytics team.

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.

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.