Lead Marine Actuary

Arthur J. Gallagher & Co.; London; On-site; GBP 65,000 - 95,000; Full time

Job summary

Join a leading company in reinsurance, where you'll impact clients through actuarial expertise and innovative solutions. In this role, you'll lead complex projects, provide strategic insights, and support a diverse, inclusive environment, driving professional and personal growth within a supportive framework.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance

Income protection

Health cash plan or private medical insurance

Paid volunteering days

Employee Stock Purchase plan

Discounted gym membership

Access to a discounted voucher portal

Emergency back-up family care

Qualifications

• 7 years related experience in actuarial roles.
• Knowledge of relevant regulations.
• Professional accreditation as ASA, FSA, or equivalent is desired.

Responsibilities

• Lead and manage complex actuarial projects.
• Prepare and interpret risk data, design insurance plans.
• Mentor junior staff and develop client relationships.

Skills

Client management

Project management

Communication

Analytical

Attention to detail

Financial acumen

Business acumen

Education

Bachelor's degree

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.

How you'll make an impact

Actuarial Consulting provides a variety of high-quality services to clients through structured engagements requiring actuarial expertise.

These services may include:

• Preparation and interpretation of risk data, design of insurance or retirement plans, calculation of plan premiums, determining cash reserves and premium rates necessary to ensure sufficient funds for benefits payment and profitability.
• Primarily focused on leading and managing more complex projects counseling management and advises on advises on retirement, benefit, or underwriting projects that require actuarial or mathematical techniques to determine appropriate courses of action. Recognized subject matter expert in sub-function.
• Participates in the rate-making, reserving, and risk evaluation functions; Develops standard approaches related to trade processing, settlements, securities transfer, and record maintenance; Provides higher-level oversight to actuarial staff (for example, by review and summarizing statistical reports of data); Leads actuarial projects (low or medium complexity).
• May also develop and expand client relationships (low or medium complexity), deliver advice and identify new business opportunities.
• Acts as subject matter expert and as an actuarial liaison to other departments.
• May mentor others.
• Responsible for making moderate to significant recommendations or implementing solutions to enhance client satisfaction and portfolio growth.
• Problems are difficult and moderately complex.
• Work is performed with limited oversight.
• Works to achieve client and project targets with major impact on client and function level results.
• May lead a team on larger, complex client projects/ engagements.
• May lead work of larger projects and project teams.

About you

Required:

• Bachelor's degree; 7 years related experience.
• Knowledge in relevant regulations where appropriate to role (e.g., state and federal benefits regulations, underwriting, benefit or insurance products).

Desired:

• Professional accreditation as Associate, Society of Actuaries (ASA) and/or Fellow, Society of Actuaries (FSA), or Fellow of the IFoA (FIA or equivalent).

Work Traits:

• Demonstrates effective Client management skills; Project management skills; Communication skills; Analytical skills; Attention to detail; Financial acumen; Business acumen.

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.