Senior Vice President – Actuarial

Gallagher • Chicago, IL

12h • 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.

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 as Ag Insight Analytical Lead encompasses a wide range of activities, building actuarial models of agriculture and livestock insurance risk, reinsurance pricing analysis, interaction with our Broking teams, clients and reinsurer as well as research to improve those models. This broad-based introduction to the reinsurance sector will position you for significant future growth opportunities within our firm.

Requirements

• 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.

Nice To Haves

• 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

Responsibilities

• Lead the development of our modeling for US Agricultural Insurance.
• Build models of US livestock and possess in-depth knowledge of the US livestock insurance products and market.
• Develop commodity price models, options pricing models, and US livestock insurance pricing models.
• Analyze the impact of various hedging and risk management tools on portfolio risk.
• Provide dynamic support for our clients and prospects to help them optimize their business.
• Explain technical concepts and results to clients, prospects and reinsurers to gain support for Ag Insight.
• Design and develop analysis for Ag Insight, and the US Agriculture practice to establish Gallagher as a thought leader in the reinsurance and primary marketplace.
• Lead Agriculture Model development for livestock and assist with other agriculture model design and development.
• Assist with the design and development of systems to exchange US agriculture data with counter parties to support modeling and risk management processes.
• Perform actuarial analysis to develop loss models, fund designation and risk management models 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.
• Work closely with other analytical associates across Gallagher Re, including other actuaries, catastrophe modelers, rating agency advisory, ERM and capital markets associates.

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

What This Job Offers

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