Assistant Vice President - Reinsurance Actuary

Arthur J Gallagher & Co.•Dallas, TX

54d•Hybrid

About The Position

Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before. We believe that every candidate brings something special to the table, including you! So, even if you feel that you're close but not an exact match, we encourage you to apply. This position will sit hybrid in our Dallas office 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 an Assistant Vice President, you will provide actuarial reinsurance pricing and dynamic portfolio optimization support for our clients and prospects. Line of business focus: Personal lines Property (Cat and Non-Cat), Casualty, and Medical Malpractice. For the right candidate, there is opportunity to manage junior analysts on the team.

Requirements

Bachelor's degree or commensurate experience; 5+ years' related experience
ACAS or 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.

Responsibilities

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
Assist in market and line of business studies to credentialize 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
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
Builds strong working relationships with brokers and clients
Demonstrates good listening skills
Exhibits positive attitude
Clearly explains technical concepts in appropriate detail

Benefits

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
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