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Vice President - Actuarial

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Arthur J. Gallagher & Co. (AJG)
Full Time position
Listed on 2026-02-07
Job specializations:
  • Insurance
    Risk Manager/Analyst
  • Finance & Banking
    Risk Manager/Analyst
Job Description & How to Apply Below

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. You’ll be part of a team that leverages world-class analytics and deep reinsurance expertise to deliver strategic advisory services and transactional excellence. We transform advanced insights and market intelligence into strategies that protect businesses, drive performance, and shape the future of reinsurance.

We are a community of decision makers, future shapers, and trusted experts working to deliver meaningful impact through innovative thinking and practical solutions. You’ll have the freedom to explore ideas, take ownership of your career, and collaborate with driven colleagues.

Overview

Gallagher Re is one of the world’s leading reinsurance advisory and broking firms. We combine sophisticated analytics, risk transfer, and transactional expertise to advise our clients and help interpret data to guide risk portfolio decisions.

Role Overview: As a growing, entrepreneurial company in a niche industry, Gallagher Re offers true career opportunities. We are recruiting exceptional individuals in our actuarial department. The role includes reinsurance pricing analysis, interaction with Broking teams, client interaction, and research projects. This broad introduction positions you for significant future growth within the firm.

Our team-oriented culture promotes development and a balanced skill set, including analysis and negotiations. As you gain experience, you will have increased client interaction and more responsibility. As a VP, you will provide actuarial reinsurance pricing and dynamic portfolio optimization support for our clients and prospects. Line of business focus may include Personal lines Property (Cat and Non-Cat), Casualty, Cyber, Professional Lines, and/or Medical Malpractice.

How

you'll make an impact Account Analysis & Support
  • Perform actuarial analysis to develop a loss model 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
  • Market Research and Development
  • Assist in market and line of business studies to qualify Gallagher Re as a thought leader in reinsurance and primary marketplace
  • Work closely with other analytical associates across Gallagher Re, including other actuaries, catastrophe modelers, rating agency advisory, ERM and capital markets associates
About You 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; 7+ years’ related experience
  • FCAS or near FCAS
  • Proficiency in Microsoft Office and R and/or Python
  • Moderate travel required, including some overnight travel
  • Ability to travel by automobile and aircraft and work outside or normal business hours as required
  • Ability to perform work on varied customer properties; entails negotiating non-public access areas, climbing, lifting, sitting, standing and walking for extended periods of time

#LI-BD1

Compensation and Benefits

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…

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