Reinsurance Graduate Actuary - REACH

Position: Reinsurance Graduate Actuary - REACH 2026
Location: City Of London

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.

How you'll make an impact

As a Graduate Actuarial Analyst, you will be immersed in all aspects of front line actuarial work for our insurance clients from early in your career, including:

• Analysis for client pitches and meetings and participation in client meetings
• Assisting in building reinsurance pricing models and actuarial benchmarks
• Data collection and manipulation in spreadsheets and other database applications
• Developing expertise in using proprietary Financial Modelling and Reinsurance Optimisation software

You will also have the opportunity for:

• Domestic or global travel, as required
• Increasing opportunities for client interaction and responsibility as your experience and capabilities evolve
• Support for industry qualifications

About You Educational Requirements

Minimum 2:1 degree in Maths or Actuarial Science and 128 UCAS points (2017 UK tariff) including A-Level Maths/Economics grade A/B or equivalent qualification.

Desired

Skills and Qualifications

• Demonstrated enthusiasm and keen interest in the fields of Insurance, Risk Management, and Reinsurance.
• Proven ability to cultivate and maintain robust relationships with internal and external stakeholders across all organizational levels.
• Proficiency in Microsoft Office Suite, including Excel, Word, and PowerPoint.
• Exceptional numerical literacy and quantitative analysis skills.
• Proficiency in statistical and mathematical methodologies.
• Strong drive to identify and resolve complex problems.
• Innovative in developing effective solutions.
• Meticulous attention to detail and accuracy.
• Ability to propose and evaluate alternative solutions.

The Application Process Stage 1:
Online application Stage 2:
Telephone Interview Stage 3:
Assessment Centre Stage 4:
Final interview Stage 5:
Offers made Start date for the UK, International & Specialty Programme will be September 2025. The recruitment process will commence with telephone interviews, which are scheduled to take place during November and December 2025, followed by assessment centres that are planned to occur in early 2026 to ensure a thorough and comprehensive selection process.

You will be notified on your progress throughout the process

#UKREACH1

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…