Lead Actuary – UK&I

Gallagher; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading reinsurance advisory firm in London is seeking a qualified Lead Actuary. You will leverage your expertise in insurance and reinsurance pricing to enhance client service and contribute to team growth. The ideal candidate has around 10 years of experience, excellent communication skills, and is proactive in client relationships. This role offers competitive compensation, 25 days holiday, and a range of benefits including private medical insurance, gym memberships, and more.

Benefits

Minimum of 25 days holiday

Defined contribution pension scheme

Life insurance

Health cash plan or Private medical insurance

Discounted gym membership

Share incentive plan

Qualifications

• Circa 10 years of experience in insurance and/or reinsurance pricing.
• Excellent verbal and written communication skills.
• Eligible to work in the UK.

Responsibilities

• Lead pricing analytics on a portfolio of clients.
• Conduct client meetings to discuss model outputs.
• Drive team growth through participation in RFPs.

Skills

Interpersonal skills

Insurance and reinsurance pricing techniques

Analytical skills

Communication skills

Education

Qualified actuary

Job description

Overview

Gallagher Re – Lead Actuary – London (City) – UK&I The company : 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 role : We are seeking to hire a qualified actuary to join our UK & Ireland team based in London (City). 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

Lead reinsurance pricing analytics on a portfolio of clients, including strategic reviews to refresh and optimise reinsurance strategy. Drive analytical broking discussions with reinsurers to help our clients achieve optimal reinsurance terms. Conduct client meetings to discuss model outputs, limitations, and assumptions. Carry out market analysis to benchmark assumptions on rate change, loss inflation, etc. Help drive the team growth through participation in RFPs, team management / mentorship and developing current and prospect client relationships.

About You

Qualified actuary with circa 10 year experience. Prior experience in insurance and / or reinsurance pricing techniques. Ideally from a PL experience although not mandatory. Excellent interpersonal skills, with a proactive approach to forming relationships with clients. Sound knowledge and confidence in presenting model outputs, model limitations, and assumptions. Excellent verbal and written communication skills. Eligible to work in the UK.

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…