Cyber Lead Actuary

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

Job summary

Gallagher Re seeks a Cyber Lead Actuary in London to leverage your expertise in insurance and reinsurance pricing. You will lead client projects, develop analytics, and collaborate with teams to deliver impactful solutions. This role offers competitive compensation and a diverse, inclusive work environment.

Benefits

Minimum of 25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance (4x salary)

Health cash plan or private medical insurance

Volunteering days

Gym discounts

Qualifications

• Fully qualified actuary ideally.
• Strong pricing experience, preferably in Cyber.
• Ability to explain complex issues clearly.

Responsibilities

• Lead client engagement and analytics projects for small and mid-size accounts.
• Develop research into emerging risks.
• Manage workload effectively, prioritising tasks.

Skills

Analytical skills

Interpersonal skills

Communication skills

Functional programming (R or Python)

Education

Qualified actuary

Experience in commercial insurance actuarial team

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.

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 reinsurance structures for liabilities.
• Benchmarking; analysis and presentation of product and sector benchmarks.
• Research and development within Cyber, developing tools for continuous pricing and monitoring of cyber exposures.

The role: Cyber Lead Actuary

• We seek a qualified actuary to join our Cyber team in London (Walbrook).
• You will apply your insurance and reinsurance pricing expertise to provide excellent client service and contribute to team growth.
• Strong interpersonal skills are required to lead meetings and deliver risk solutions.
• The UK&I team focuses on risk solutions in motor, property, liability, and Personal Lines.

Responsibilities

How you'll make an impact

• Lead client engagement and analytics projects for small and mid-size accounts.
• Build effective relationships within the team, other departments, and clients.
• Own processes within the department as a point of contact.
• Develop research into emerging risks.
• Communicate effectively, presenting information clearly in meetings.
• Understand the actuarial department and the broader business.
• Proactively develop your experience and skills.
• Manage your workload effectively, prioritising tasks and providing progress updates.
• Develop and automate modelling processes.
• Lead strategic reviews of underwriting and reinsurance strategies for London Market clients.
• Lead benchmarking initiatives, analysing pricing and performance by line of business.

About You

Qualifications

• Ideally a fully qualified actuary
• Strong pricing experience, preferably in Cyber
• Excellent analytical skills, applying advanced mathematical and actuarial techniques
• Functional programming skills - R or Python
• Strong interpersonal and communication skills
• A proactive, can-do attitude and team collaboration skills
• Ability to explain complex issues clearly
• Experience in a commercial insurance actuarial team is a plus but not essential

Compensation and Benefits

We offer a competitive salary, great teams, and exciting career opportunities, along with benefits such as:

• Minimum of 25 days holiday plus bank holidays and options to buy extra days
• Defined contribution pension scheme with employer contributions
• Life insurance (4x salary, up to 10x optional)
• Income protection (up to 50% of salary)
• Health cash plan or private medical insurance

Additional benefits include volunteering days, employee stock purchase plan, share incentive plan, critical illness cover, gym discounts, season ticket loans, and more.

We value inclusion and diversity, supporting our community and fostering an inclusive environment. Gallagher is committed to equality and accessible recruitment processes. For reasonable adjustments, contact [e-mail].