Catastrophe Risk Analyst - REACH 2026

Gallagher•New York, NY

8h•Hybrid

About The Position

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. Here, you’ll be part of a team that leverages world-class analytics and deep reinsurance expertise to deliver strategic advisory services and transactional excellence. Together, we transform advanced insights and market intelligence into strategies that protect businesses, drive performance, and shape the future of reinsurance. We’re a community of decision makers, future shapers, and trusted experts working side by side to deliver meaningful impact through innovative thinking and practical solutions. At Gallagher Re, your curiosity is welcomed, your growth is championed, and your work truly matters. This is a place where you'll have the freedom to explore new ideas, take ownership of your career, and collaborate with people who are as driven and inquisitive as you are. Please note: The REACH Program start date is July 2026. Early starts may occur based on business needs. Are you ready to kick-start your career or transition into a stable industry that is committed to your professional growth? Look no further! Join us at Gallagher Re and fast-track your career as a Catastrophe Risk Analyst through our REACH Program. 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. Get ready for an experience where guidance and collaboration pave the way to success. 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. From natural catastrophes to cyber or political risks, you will play a pivotal role in protecting our clients' assets and helping them navigate complex risks with confidence. By immersing yourself in sophisticated analytics, you will 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. Every day presents new challenges, ensuring your work remains dynamic and engaging. As a program participant, you will: Collaborate with clients to appropriately audit, enhance, and model insurance company data sets Master the art of explaining model outputs and preparing compelling written reports, effectively communicating complex concepts Showcase your expertise by presenting analysis summaries to internal and external clients, igniting impactful discussions and crafting future strategies Provide real-time event response and analysis of catastrophic events, empowering insurance companies to protect their policyholders Dive into vast data sets, uncovering insights and developing potential solutions to address risk challenges head-on In addition, you will participate in web-based and in-person seminars to expand your industry knowledge and work towards attaining your ARe (Associate in Reinsurance) designation within 18 months of your hire date along with other necessary licenses. As your experience and expertise grow, you will play a meaningful role in helping clients navigate challenges and find coverage solutions that align with their budgets. Your expertise will be instrumental in supporting clients during unexpected losses, ensuring their businesses continue to thrive.

Requirements

Bachelor’s degree in a related field, i.e. Business Analytics, Business Statistics, Data Science, Earth Science, Geography, Topography, Risk Management, etc.
Advanced Excel skills, i.e. creating formulas, pivot tables, macros, conditional formatting, and statistical modeling
Exceptional written and verbal communication skills to effectively engage with clients and colleagues
Strong problem-solving skills and keen attention to detail
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

Computer programming skills, e.g. SQL, VBA, R
Previous internship or work experience in a related field
Knowledge of or curiosity about the reinsurance broking and risk management industry

Responsibilities

Collaborate with clients to appropriately audit, enhance, and model insurance company data sets
Master the art of explaining model outputs and preparing compelling written reports, effectively communicating complex concepts
Showcase your expertise by presenting analysis summaries to internal and external clients, igniting impactful discussions and crafting future strategies
Provide real-time event response and analysis of catastrophic events, empowering insurance companies to protect their policyholders
Dive into vast data sets, uncovering insights and developing potential solutions to address risk challenges head-on

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