Cyber Lead Actuary

Gallagher; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

Join Gallagher Re as a Cyber Lead Actuary in London, where you'll leverage your actuarial expertise to lead client engagements and analytics projects. This role involves developing innovative risk solutions and collaborating across teams to drive growth in the reinsurance sector. With a focus on cyber analytics, you'll apply your strong analytical and interpersonal skills in a dynamic environment, contributing to the ambitious goals of the Cyber team.

Benefits

25 days holiday plus bank holidays

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

Qualifications

• Strong pricing experience ideally from a Cyber background.
• Experience in an actuarial team within a commercial general insurance company is preferable.

Responsibilities

• Lead client engagement and analytics projects for small and mid-size accounts.
• Develop forward thinking research into emerging risks.
• Manage workload effectively and provide regular progress updates.

Skills

Analytical Skills

Interpersonal Skills

Communication Skills

Programming Skills

Education

Qualified Actuary

Tools

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 offers a range of services including:

• Exposure and experience based pricing; proportional and non-proportional reinsurance
• Dynamic Financial Analysis (DFA) modelling; stochastic modelling to investigate impact of reinsurance structures P&L, Balance Sheet and Capital Requirements.
• Optimisation; capital efficiency and return from using reinsurance structures for both prospective and retrospective liabilities.
• Benchmarking; compilation, analysis and presentation of product and sector benchmarking.
• Research and development; within Cyber and development of tools allowing continuous pricing and monitoring of cyber exposures and data management.

The role: Cyber Lead Actuary

We are seeking to hire a qualified actuary to join our Cyber team in London (Walbrook). 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. The UK&I team is focused on placing risk solutions within the motor, property, liability and PL (Personal Lines).

How you'll make an impact

The responsibilities:

• Lead client engagement and analytics projects for small and mid-size accounts.
• Build effective working relationships within the team, other internal departments and clients.
• Act as a point of contact within the department for ownership of processes.
• Develop forward thinking research into emerging risks.
• Ensure effective and structured verbal and written communication, with the ability to present information clearly and contribute to meetings.
• Demonstrate a clear understanding of the Actuarial department and the wider business.
• Be proactive in seeking opportunities to develop own experience and technical skills.
• Manage own workload effectively, prioritising tasks and providing regular progress updates.
• Develop and automate new and existing modelling processes.
• Lead strategic reviews of underwriting and reinsurance strategies for London Market clients.
• Lead development of benchmarking: collation and analysis of pricing, structural, and performance benchmarking by line of business.

About You

The qualifications:

• Ideally fully qualified actuary
• Strong Pricing experience, ideally from a Cyber background
• Strong analytical skills, applying advanced mathematical / actuarial concepts
• Functional programming skills – R or Python
• Strong interpersonal skills for stakeholder engagement
• Excellent oral and written communication skills
• Proactive attitude and ability to work across teams
• Personable, enthusiastic, able to explain complex situations clearly
• Ability to manage competing priorities and plan ahead
• Experience within an actuarial team in general insurance is preferable but not essential