Lead Actuary

Overview

Gallagher Re – Lead Actuary – London (City) – UK&I

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).

• 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

• 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.

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…

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  If you’d prefer to speak on the phone, please request a…