Cyber Lead Actuary

Gallagher; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Gallagher seeks a Cyber Lead Actuary in London to lead client engagement and analytics projects while developing innovative risk management models. The ideal candidate will be a fully qualified actuary with strong analytical expertise and programming skills, eager to collaborate across teams and shape strategic insurance solutions.

Benefits

Minimum of 25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance coverage

Income protection

Health cash plan or Private medical insurance

Employee Stock Purchase plan

Three fully paid volunteering days

Discounted gym membership

Access to a discounted voucher portal

Qualifications

• Experience in insurance and reinsurance pricing.
• Ability to manage competing priorities.
• Experience in an actuarial team preferable.

Responsibilities

• Lead client engagement and analytics projects.
• Develop and automate new and existing modelling processes.
• Conduct strategic reviews of underwriting and reinsurance strategies.

Skills

Analytical skills

Interpersonal skills

Functional programming (R, Python)

Education

Fully qualified actuary

Job description

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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 currently offers a range of services including, but not limited to: • 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. • To build effective working relationships within the team, other internal departments and clients. • To act as a point of contact within the department for ownership of processes. • Develop forward thinking research into emerging risks. • To ensure effective and structured verbal and written communication, with the ability to present information in a clear manner and contribute to meetings as required. • To demonstrate a clear understanding of the Actuarial department and the wider business. • To be proactive in seeking opportunities to develop own experience and technical skills wherever possible. • To be effective managing own workload, demonstrating effective prioritisation of tasks and providing regular progress updates against project plan. • To develop and automate new and existing modelling processes • Lead in strategic reviews of both the inwards underwriting and outwards reinsurance strategies for London Market clients • Thought leadership in the 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, ability to apply advanced mathematical / actuarial concepts and techniques to a dynamic environment. • Functional programming skills – R or Python. • Strong interpersonal skills to deal with a wide variety of stakeholders. • Sound oral and written communication skills. • A 'can do' attitude and the ability to work across different teams in a transversal manner. • Personable, enthusiastic, ability to summarise and explain key drivers of complex situations in a clear and concise manner. • Ability to manage competing priorities within the Gallagher Re Analytics team. Forward planning (ability to anticipate future outcomes). • Experience of working within an actuarial team within a commercial general insurance company / Lloyd’s Managing Agent is preferable but not essential. 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…