Actuarial Analyst - REACH 2027
About The Position
The REACH Program start date is July 2027. Early starts may occur based on business needs. This is a 24-month structured learning and development program that will equip upcoming and recent college graduates, as well as career changers, with the skills and knowledge needed to excel in the world of reinsurance broking and risk management. Through this opportunity, you will gain direct access to our esteemed Executive Team and an extensive network of supportive mentors, inspiring trainers, and talented colleagues. All hours spent in training are hours worked and are paid competitively. This is a full-time role with a hybrid work schedule. You will have in-office days and remote days determined by the location.
Requirements
- Bachelor’s degree in a related field, i.e. Actuarial Science, Mathematics, Economics, Finance, etc.
- Passed a minimum of one actuarial exam
- Intent to pursue an actuarial designation, ACAS/FCAS, from the Casualty Actuarial Society
- Advanced Excel skills, i.e. creating formulas, pivot tables, macros, conditional formatting, and statistical modeling
- Strong technological proficiency enabling you to use various software for efficient task completion
- Exceptional written and verbal communication skills to effectively engage with clients and colleagues
- Flexibility to travel to our home office in Rolling Meadows, IL, five (5) different times for training. Rest assured, all travel expenses will be covered by Gallagher Re
Nice To Haves
- Previous internship or work experience in a related field
- Knowledge of or curiosity about the reinsurance broking and risk management industry
Responsibilities
- Lead data collection and manipulation, mastering the art of working with large data sets within databases, Excel, and other tools
- Conduct and deliver compelling analyses for new business proposals and existing client meetings, showcasing your expertise and influencing critical decisions
- Contribute to proofs of concept and the development of pricing models and actuarial benchmark pricing, making a tangible impact on our business operations
- Learn and master our proprietary financial modeling and reinsurance optimization data delivery methods, unlocking the power of the power of advanced technology in risk management
- Play a pivotal role in protecting our clients' assets and helping them navigate complex risks with confidence.
- Provide invaluable insights, innovative risk transfer strategies, and operational expertise, enabling our clients to maintain strong financial positions to cover claims for their policyholders when disasters strike.
- Receive comprehensive exam support as you progress towards your ACAS/FCAS credentials.
- Play a meaningful role in helping clients navigate challenges and find coverage solutions that align with their budgets.
- Support clients during unexpected losses, ensuring their businesses continue to thrive.
Benefits
- Competitive compensation
- Comprehensive benefits programs designed to support your well-being
- Career development opportunities and ongoing learning
- A collaborative, people-first culture with accessible leadership
- The opportunity to do meaningful work with global reach and local impact
- Paid time off to study for actuarial exams
- Full expense coverage for study materials and exam fees for actuarial exams
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
