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Vice President - Actuarial

Job in Minneapolis, Hennepin County, Minnesota, 55400, USA
Listing for: Arthur J. Gallagher & Co. (AJG)
Full Time position
Listed on 2026-05-27
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
  • Insurance
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 130000 - 180000 USD Yearly USD 130000.00 180000.00 YEAR
Job Description & How to Apply Below

Overview

As a growing, entrepreneurial company in a niche industry, Gallagher Re offers true career opportunity to qualified applicants, and we are currently recruiting exceptional individuals in our actuarial department. The role encompasses a wide range of activities, including reinsurance pricing analysis, interaction with our Broking teams, client interaction as well as research projects. This broad-based introduction to the reinsurance sector will position you for significant future growth opportunities within our firm.

Our team-oriented culture will promote development, enabling you to gain a balanced skill set, including acumen in analysis, negotiations, etc. As you gain experience and demonstrate your capabilities, we provide you with increased client interaction and more responsibility.

As a Vice President, you will provide actuarial reinsurance pricing and dynamic portfolio optimization support for our clients and prospects.

Account Analysis & Support
  • Perform actuarial analysis to develop 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 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; 9+ years’ related experience
  • FCAS or ACAS
  • Proficiency in Microsoft Office and R and/or Python
  • Moderate travel required, including some overnight travel.

#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 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 by office and job function)
  • Training programs
  • Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
  • Charitable matching gift program
  • And more...

The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.

We value inclusion and diversity

Inclusion and diversity is a core part of our business, and it’s embedded into the fabric of our organization. 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…

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