Vice President – Life & Annuity Actuary, Reinsurance

Gallagher•Boston, MA

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. Overview At Gallagher Re, we’re looking for an experienced Life & Annuity Actuary (Reinsurance) to join our growing Life Solutions Group. In this role, you’ll use your technical expertise to create analytics tools and provide insights that support asset intensive life and annuity transactions and risk transfer solutions. You’ll be part of a collaborative team that values innovation, problem-solving, and delivering exceptional service to clients. This is a unique opportunity to work on impactful projects, develop cutting-edge tools, and contribute to the growth of a dynamic team. With locations in New York, Philadelphia, Boston, Minneapolis, or Portland, Maine (and other locations considered), you’ll have the flexibility to work where it suits you best.

Requirements

FSA preferred, but ASA will be considered.
At least 7 years of experience in life/annuity actuarial roles, with strong knowledge of pricing, product development, and statutory reinsurance accounting concepts.
Strong problem-solving skills and proficiency in tools like Microsoft Excel (experience with other software is a plus).
Excellent communication skills to present complex analyses in clear terms.
A collaborative mindset, strong work ethic, and a passion for learning and innovation.

Nice To Haves

Some annuity pricing or product development experience is preferred.
Experience with capital methodologies and knowledge of GAAP and/or IFRS (a plus).

Responsibilities

Analyze and design reinsurance and risk transfer solutions for life and annuity clients.
Develop pricing and evaluation models, maintain templates, and stay up to date with industry developments like PBR, RBC, and cash flow testing requirements.
Research and analyze reinsurance transactions, track market trends, and identify opportunities to answer practical business questions.
Present results to clients, prospects, and at industry events, as well as collaborating with other team members to deliver innovative solutions.
Evaluate reinsurer annuity new business pricing proposals and provide clients with advice to evaluate their options.
Work closely with brokers, actuaries, and other analytical associates to deliver exceptional service and insights.

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