Vice President - Actuarial

GallagherChicago, IL
157d

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. Gallagher Re is one of the world’s leading reinsurance advisory and broking firms. We bring together sophisticated analytics capabilities, risk transfer and transactional expertise to provide advice and counsel to our clients. We help our clients interpret the data to guide their decisions surrounding the management of their risk portfolio. Role Overview: 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 a VP, you will provide actuarial reinsurance pricing and dynamic portfolio optimization support for our clients and prospects. Line of business focus you may be involved in: Personal lines Property (Cat and Non-Cat), Casualty, Cyber, Professional Lines and/or Medical Malpractice.

Requirements

  • Bachelor's degree or commensurate experience; 7+ years’ related experience
  • FCAS or near 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 qualify Gallagher Re as a 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

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
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