Senior CAT Risk Analyst

Gallagher; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm in London is seeking a Senior CAT Analyst to join their Catastrophe Analytics team. The candidate will lead risk quantification projects, engage with clients, and support junior team members. A degree in a relevant field and proven experience in catastrophe risk analysis are essential, along with excellent communication and problem-solving skills. This role offers competitive compensation and a comprehensive benefits package.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance coverage

Private medical insurance

Discounted gym membership

Qualifications

• Proven experience in the (re)insurance market and catastrophe risk analysis.
• Working knowledge of insurance business and reinsurance structures.
• Strong motivation to learn and grow within a global market leader.

Responsibilities

• Lead renewal modelling projects and develop service offerings.
• Quantify catastrophe risk using vendor and proprietary models.
• Engage with clients, reinsurers, and actuaries on model interpretation.
• Contribute to reporting and analysis of natural disasters.

Skills

Client management

Problem-solving

Attention to detail

Excellent communication

SQL knowledge

Education

Degree in numerate or hazard-related subjects

Tools

RMS model

Verisk model

Job description

Overview

Gallagher Re – Senior CAT Analyst – London – UK&I and Property team

The Company: Gallagher Re. At Gallagher Re we help ensure our clients have the right protection in place so when the unexpected happens it is not catastrophic for their business. We think of ourselves as enabling resilience in an uncertain world. We look at the world of risk from different perspectives, working with our clients at each stage of the risk identification, risk mitigation and risk transfer process. We make sure they have the capacity to react to extreme events and respond in a prepared, disciplined and organized fashion.

The team: UK&I and Property team. The Catastrophe Analytics team, embedded into the broking unit, assists clients in analysing the risk to their business from all aspects of natural perils and catastrophic events. He / she will also be asked to train junior staff and eventually lead.

How you'll make an impact

The position is for a lead catastrophe analyst, based in London, to join the Catastrophe Analytics team. The successful candidate will:

• Lead and contribute to renewal modelling projects on local and global accounts and develop & deploy service offering to clients, alongside our research teams and external academic partners.
• Quantify the catastrophe risk to Gallagher Re client portfolios using vendor catastrophe models and Gallagher Re proprietary models.
• Engage with clients, reinsurers, brokers & actuaries on topics including model interpretation, portfolio management and bespoke analytical projects.
• Contribute to Gallagher Re’s wider Catastrophe Analytics services, collaborating with other business units on wider projects, as part of our agile team.
• Understand and evaluate the impact of updates and revisions to models and the outputs produced.
• Contribute to reporting and analysis of natural disasters to support clients post-event.
• Support junior members in the team through training and advice.
• Work with colleagues in a variety of locations, including across Europe and our analytics hub in Mumbai.

About You

The successful candidate should have:

• A degree in numerate or hazard-related subjects
• Proven experience in the (re)insurance market and in catastrophe risk analysis using at least one of the main vendor models RMS and Verisk
• Working knowledge of (re)insurance business including understanding reinsurance structures and their application
• Ability to be client facing and lead our analytics relationship with clients
• Strong problem‑solving skills and keen attention to detail
• Excellent IT skills, including working knowledge of SQL
• Excellent communication skills
• The ability to work in a team and highly motivated to learn and grow within a global market leader.
• Eligibility 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 4× your basic annual salary, which you can top‑up to 10×.
• 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…