Cyber Actuarial Analyst

Arthur J. Gallagher & Co. (AJG); London; Hybrid; GBP 35,000 - 65,000; Full time

Job summary

Join a forward-thinking firm as a Cyber Actuarial Analyst, where you'll leverage your analytical skills to support innovative risk solutions in the Cyber market. This role offers you the chance to work closely with brokers and clients, applying advanced actuarial concepts to help shape strategic decisions. With a blend of remote and in-office work, you'll be part of a dynamic team that values personal growth and technical proficiency. Enjoy a competitive salary, a wealth of career opportunities, and a comprehensive benefits package that includes generous holiday, pension contributions, and health insurance. Embrace the challenge and make a meaningful impact in the fast-evolving world of cyber analytics.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance

Income protection

Health cash plan or Private medical insurance

Employee Stock Purchase plan

Critical illness cover

Discounted gym membership

Season ticket loan

Emergency back-up family care

Qualifications

• 2-3 years of relevant actuarial experience in insurance markets.
• Strong analytical skills and ability to apply actuarial concepts.

Responsibilities

• Provide expert analytical support to brokers and clients.
• Apply pricing techniques to support the Lead Actuary.

Skills

Analytical ability

Communication skills

Relationship Building

Workload Management

Proactivity

Technical Proficiency

Education

University degree in maths, calculus, or statistical analysis

Progress towards a professional actuarial qualification

Tools

MS Excel

PowerPoint

R

Python

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

The company: Gallagher Re

• 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 team: Cyber Analytics

The Gallagher Re Cyber Analytics team provides a comprehensive range of services, including:
• Valuation and Pricing of reinsurance contracts, structured insurance solutions and capital market products.
• Optimisation; Development of Cyber risk management strategies and enhancement of capital efficiency through reinsurance structures.
• Thought Leadership; for example creation of bespoke models and innovative modelling approaches for un-modelled perils, niche portfolios or black swan events.
• Benchmarking; Collection and analysis of data for pricing, structural and performance benchmarking.
• Research and Development; Advancements in Cyber analytics and the creation of tools allowing continuous pricing and monitoring of cyber exposures and data management.

The role: Cyber Actuarial Analyst

• We are seeking to hire an Actuarial Analyst to join our Cyber team focussing on placing risk solutions within the Cyber market.
• To be a key team member of the Cyber actuarial team providing expert analytical support to brokers and clients working across a wide range of multinational and Lloyd’s carriers.
• In this role, you will apply your expertise in pricing techniques to support our Lead Actuary in delivering outstanding client service and contribute to the ambitious growth targets of the team.
• The role is aimed at junior actuarial analysts with circa 2/3 years of experience and a keenness to learn a fast-growing line of business.
• We operate under a combination of remote work and in-office presence as the analytics team tend to be in the office 3-4 days per week.

How you'll make an impact

The qualifications:

Those that thrive in our team demonstrate:

• Analytical ability: Strong ability to apply advanced mathematical and actuarial concepts in a dynamic setting.
• Communication: A personable and enthusiastic demeanour, with the ability to clearly summarise and explain complex situations.
• Relationship Building: Ability to build effective working relationships within the team and across departments. Capability to engage effectively with diverse stakeholders.
• Workload Management: Effective in managing workload, demonstrating efficient task prioritisation and providing regular progress updates.
• Proactivity: Proactive in seeking opportunities to enhance personal experience and technical skills. Utilises best practices to identify efficiencies and process improvements in projects, and solves problems as needed.
• Technical Proficiency: Excellent IT skills, particularly in MS Excel and PowerPoint, with functional programming skills in R or Python.

About You

• Preferably at least 2/3 years of relevant actuarial experience in the insurance markets, although we can compromise for fast learners.
• Strong analytical skills, ability to apply advanced mathematical / actuarial concepts and techniques to a dynamic environment.
• A University degree in maths or calculus or statistical analysis.
• Progress towards a professional actuarial qualification.
• Proficiency with MS Office, especially Excel. Coding experience is a plus.
• Strong interpersonal skills to deal with a wide variety of stakeholders.
• Sound oral and written communication skills.
• UK Right to Work.

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.