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.

Overview

We are seeking to hire an experienced actuary to join our Casualty actuarial 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 growth targets of the team. We are looking for someone with strong interpersonal skills, happy to lead meetings, develop innovative insight and deliver risk solutions.

How you'll make an impact

Take a key role in working on global projects for the world’s biggest (re)insurer’s
Risk analysis and modelling of clients’ portfolios including multinational groups.
Design and evaluation of risk management strategies for casualty lines including emerging risks and casualty catastrophe
Valuation and pricing of reinsurance contracts, structured insurance solutions and capital market products.
Delivering presentations and leading interactions with management of London and Bermudian based insurance groups.
Servicing renewals, tenders and strategic reinsurance reviews
Collaborating closely with stakeholders and building relationships by communicating effectively, internally and externally, to improve service delivery levels.
Supporting development of product innovation, both to cement/expand existing relationships and to facilitate entry into new ones.
Developing technical and innovative solutions to modelling or data visualisation using the latest technological solutions
Embed analytics advocacy through development of a network of analytical (and broking) contacts across the London Market
Work within project teams and mentor resources across London and Mumbai

About You

Ideally newly qualified as an actuary although not mandatory
Ideally from a reinsurance background although we can compromise for fast learners
Prior experience in insurance and/or reinsurance pricing techniques ideal
Ideally working experience in casualty or long tailed lines although once again 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.
Circa 4-7 years of professional work experience in Re/Insurance industry.
Strong analytical skills, ability to apply advanced mathematical / actuarial concepts and techniques to a dynamic environment.

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 TAGlobalSupport@ajg.com . 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.

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Reinsurance Casualty Actuary