Senior CAT Risk Analyst

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 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…