Catastrophe Risk Analyst - REACH 2027

Gallagher • Boston, MA

60d • Hybrid

About The Position

Gallagher Re is hiring a Catastrophe Risk Analyst through its REACH Program, a 24-month structured learning and development program for upcoming and recent college graduates and career changers. The program provides access to the Executive Team, mentors, trainers, and colleagues, alongside web-based and in-person seminars. Participants work toward the Associate in Reinsurance (ARe) designation within 18 months of hire and obtain other necessary licenses. Training hours are paid. The role is full-time with a hybrid work schedule; in-office and remote days depend on location. The program is scheduled to start in July 2027, although earlier starts may occur based on business needs.

The analyst supports clients in managing risks through sophisticated analytics, risk-transfer insights, and operational expertise. The work includes analyzing insurance company data and communicating analysis to clients and colleagues. As experience grows, the analyst helps clients find coverage solutions aligned with their budgets and supports them after unexpected losses.

Requirements

• Bachelor’s degree in a related field, such as Business Analytics, Business Statistics, Data Science, Earth Science, Geography, Topography, or Risk Management.
• Advanced Excel skills, including formulas, pivot tables, macros, conditional formatting, and statistical modeling.
• Exceptional written and verbal communication skills for engaging with clients and colleagues.
• Strong problem-solving skills and keen attention to detail.
• Flexibility to travel to the home office in Rolling Meadows, Illinois, five times for training; travel expenses are covered by Gallagher Re.

Nice To Haves

• Computer programming skills, such as SQL, VBA, or 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 audit, enhance, and model insurance company data sets.
• Explain model outputs and prepare written reports that communicate complex concepts effectively.
• Present summaries of analysis to internal and external clients to support discussion and strategy development.
• Provide real-time response and analysis for catastrophic events.
• Analyze large data sets, identify insights, and develop potential solutions to risk challenges.
• Participate in web-based and in-person seminars to expand industry knowledge.
• Work toward the ARe designation within 18 months of hire and obtain other necessary licenses.
• Support clients in finding coverage solutions that align with their budgets and in responding to unexpected losses.

Benefits

• Competitive compensation.
• Comprehensive benefits programs designed to support well-being.
• Career development opportunities and ongoing learning.
• Collaborative, people-first culture with accessible leadership.
• Meaningful work with global reach and local impact.
• Training hours are paid.
• Travel expenses for the five training visits to the Rolling Meadows, Illinois home office are covered.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level