Senior Vice President – Actuarial

Overview

As a growing, entrepreneurial company in a niche industry, Gallagher Re offers true career opportunity to qualified applicants, and we are currently recruiting an Ag Insight Analytical Lead. The role encompasses building actuarial models of agriculture and livestock insurance risk, reinsurance pricing analysis, interaction with our Broking teams, clients and reinsurer, and research to improve those models. This introduces you to the reinsurance sector and positions you for future growth within the firm.

This role will lead the development of our modeling for US Agricultural Insurance and requires experience in building models of US livestock and in-depth knowledge of US livestock insurance products and market. Specifically, commodity price models, options pricing models, US livestock insurance pricing models and the impact of various hedging and risk management tools on portfolio risk. Our team-oriented culture will promote development, enabling you to gain a balanced skill set, including acumen in analysis and negotiations.

As an SVP you will provide dynamic support for our clients and prospects to help them optimize their business. You will also be asked to explain technical concepts and results to clients, prospects and reinsurers to gain support for Ag Insight. As you gain experience and demonstrate your capabilities, we will provide you with increased responsibility.

• Design and develop analysis for Ag Insight, and the US Agriculture practice to establish Gallagher as a thought leader in the reinsurance and primary marketplace
• Lead Agriculture Model development for livestock and assist with other agriculture model design and development
• Assist with the design and development of systems to exchange US agriculture data with counter parties to support modeling and risk management processes
• Perform actuarial analysis to develop loss models, fund designation and risk management models for client business, estimate reinsurance pricing, and determine optimal reinsurance structures given client risk profile and underwriting strategy
• Present analyses in clear terms appropriate to the audience
• Provide value-added service to clients as needed
• Work closely with other analytical associates across Gallagher Re, including other actuaries, catastrophe modelers, rating agency advisory, ERM and capital markets associates

Problem Solving

• Able to apply advanced mathematical / actuarial concepts and techniques
• Skilled in using Microsoft Excel and other software
• Skilled in R and Python
• Seeks appropriate data needed for analysis
• Considers issues in depth, not just superficially
• Finds effective, creative solutions
• Applies high standard of quality control
• Seeks assistance / support as appropriate

Interpersonal & Communication Skills

• Builds strong working relationships with brokers and clients
• Demonstrates good listening skills
• Exhibits positive attitude
• Clearly explains technical concepts in appropriate detail

Required:

• Bachelor's degree or commensurate experience; 9+ years’ related experience
• FCAS or ACAS
• Proficiency in Microsoft Office and R and/or Python
• Moderate travel required, including some overnight travel.

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours.

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:

• Medical/dental/vision plans, which start from day one!
• Life and accident insurance
• 401(K) and Roth options
• Tax-advantaged accounts (HSA, FSA)
• Educational expense reimbursement
• Paid parental leave

Other benefits include:

• Digital mental health services (Talkspace)
• Flexible work hours (availability varies…