Actuarial Analyst - REACH 2027

Arthur J. Gallagher & Co. (AJG); Walnut Creek (CA); Hybrid; USD 60,000 - 90,000; Full time

Benefits offered by this job

Exam support and paid study time

Travel expenses covered for training

Hybrid work schedule and in-office/at‑

Job summary

Gallagher Re offers a 24‑month REACH program designed to fast‑track graduates and career changers into actuarial analytics within reinsurance broking and risk management. You’ll gain direct access to the Executive Team and a network of mentors, with paid training hours and full expense coverage for study materials and exam fees.

The role is full‑time with a hybrid work schedule and in‑office travel for training.

Qualifications

• Bachelor’s degree in actuarial science or related field.
• Passed a minimum of one actuarial exam.
• Intent to pursue an actuarial designation, ACAS/FCAS.
• Advanced Excel skills (formulas, pivot tables, macros, conditional formatting, modeling).
• Strong tech proficiency enabling use of various software.
• Excellent written and verbal communication with clients and colleagues.

Responsibilities

• From natural catastrophes to cyber or political risks, protect clients’ assets and navigate complex risks using analytics.
• Lead data collection and manipulation with large data sets in databases, Excel, and other tools.
• Prepare analyses for new business proposals and client meetings to influence decisions.
• Contribute to pricing models and actuarial benchmark pricing; support business operations.
• Learn and master proprietary financial modeling and reinsurance optimization data delivery methods.

Skills

Advanced Excel

Data analysis

Communication skills

Tech proficiency

Education

Bachelor’s degree in actuarial science or related field

Tools

Excel

Job description

Introduction

At Gallagher Re, we bring clarity to complexity by helping clients around the world make confident, data-driven decisions in a rapidly evolving risk landscape. Here, you’ll be part of a team that leverages world-class analytics and deep reinsurance expertise to deliver strategic advisory services and transactional excellence. Together, we transform advanced insights and market intelligence into strategies that protect businesses, drive performance, and shape the future of reinsurance. We’re a community of decision makers, future shapers, and trusted experts working side by side to deliver meaningful impact through innovative thinking and practical solutions. At Gallagher Re, your curiosity is welcomed, your growth is championed, and your work truly matters. This is a place where you'll have the freedom to explore new ideas, take ownership of your career, and collaborate with people who are as driven and inquisitive as you are.

Overview

Please note: The REACH Program start date is July 2027. Early starts may occur based on business needs.

Are you ready to kick-start your career or transition into a stable industry that is committed to your professional growth? Look no further! Join us at Gallagher Re and fast-track your career as an Actuarial Analyst through our REACH Program.

This is a 24-month structured learning and development program that will equip upcoming and recent college graduates, as well as career changers, with the skills and knowledge needed to excel in the world of reinsurance broking and risk management. Through this opportunity, you will gain direct access to our esteemed Executive Team and an extensive network of supportive mentors, inspiring trainers, and talented colleagues. Get ready for an experience where guidance and collaboration pave the way to success. All hours spent in training are hours worked and are paid competitively. This is a full-time role with a hybrid work schedule. You will have in-office days and remote days determined by the location.

How you'll make an impact

Responsibilities

• From natural catastrophes to cyber or political risks, you will play a pivotal role in protecting our clients’ assets and helping them navigate complex risks with confidence. By immersing yourself in sophisticated analytics, you will provide invaluable insights, innovative risk transfer strategies, and operational expertise, enabling our clients to maintain strong financial positions to cover claims for their policyholders when disasters strike.
• Lead data collection and manipulation, mastering the art of working with large data sets within databases, Excel, and other tools
• Conduct and deliver compelling analyses for new business proposals and existing client meetings, showcasing your expertise and influencing critical decisions
• Contribute to proofs of concept and the development of pricing models and actuarial benchmark pricing, making a tangible impact on our business operations
• Learn and master our proprietary financial modeling and reinsurance optimization data delivery methods, unlocking the power of advanced technology in risk management

Throughout your journey, you will receive comprehensive exam support as you progress towards your ACAS/FCAS credentials. Our exam program includes paid time off to study and full expense coverage for study materials and exam fees.

As your experience and expertise grow, you will play a meaningful role in helping clients navigate challenges and find coverage solutions that align with their budgets. Your expertise will be instrumental in supporting clients during unexpected losses, ensuring their businesses continue to thrive.

About You

Qualifications

Minimum Requirements

• Bachelor’s degree in a related field, i.e. Actuarial Science, Mathematics, Economics, Finance, etc.
• Passed a minimum of one actuarial exam
• Intent to pursue an actuarial designation, ACAS/FCAS, from the Casualty Actuarial Society
• Advanced Excel skills, i.e. creating formulas, pivot tables, macros, conditional formatting, and statistical modeling
• Strong technological proficiency enabling you to use various software for efficient task completion
• Exceptional written and verbal communication skills to effectively engage with clients and colleagues
• Flexibility to travel to our home office in Rolling Meadows, IL, five (5) different times for training. Rest assured, all travel expenses will be covered by Gallagher Re

Nice-to-Haves

• Previous internship or work experience in a related field
• Knowledge of or curiosity about the reinsurance broking and risk management industry

Compensation and benefits

At Gallagher, we believe supporting our colleagues goes far beyond the role itself.For more information, visit our Benefits page.

• Competitive compensation
• Comprehensive benefits programs designed to support your well-being
• Career development opportunities and ongoing learning
• A collaborative, people-first culture with accessible leadership
• The opportunity to do meaningful work with global reach and local impact

At Gallagher, we are dedicated to building an inclusive and authentic workplace.

Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)

If your past experience doesn’t align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. At times, we will consider transferable skills from previous roles.