Job Description

About Us:
We believe that every candidate brings something special to the table, including you! So, even if you feel that you\xe2\x80\x99re close but not an exact match, we encourage you to apply. We\xe2\x80\x99d be thrilled to receive applications from exceptional individuals like yourself.


Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you\'ll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before. Overview: At Gallagher Re we help ensure our clients have the right protection in place so when the unexpected happens it is not catastrophic for their business. We think of ourselves as enabling resilience in an uncertain world. We look at the world of risk from different perspectives, working with our clients at each stage of the risk identification, risk mitigation and risk transfer process. We make sure they have the capacity to react to extreme events and respond in a prepared, disciplined and organized fashion.
This is an exciting time to join Gallagher Re as huge investment is being ploughed into Analytics to make us the best in class Analytics broker. The candidate will have the opportunity to help shape the way we service clients and analytical outputs. Unlike other brokers, we are nimble and are breaking free from the archaic systems and methods.
The position is for a catastrophe analyst, based in London, to join the UK Catastrophe Analytics team with a focus on property & casualty lines of business. The candidate will contribute to renewal modelling projects on domestic and global accounts and engage on developing and deploying service offering to clients alongside our research teams and external academic partners. Examples of projects include climate related projects as Gallagher Re supports clients with the evolving regulatory landscape on climate change in the UK.
The Catastrophe Analytics team, embedded into the broking unit, assists clients in analysing the risk to their business from all aspects of natural perils and catastrophes. The role will incorporate year-round client engagement on topics such as model interpretation, portfolio management and bespoke analytical projects in collaboration with the local brokers in London. As part of our agile team, there is also opportunity to contribute to our wider Catastrophe Analytics services in collaboration with other Business Units within Gallagher Re. Responsibilities: The successful candidate will have experience in the insurance market and in catastrophe risk analysis using the main vendor models RMS and AIR, with the following responsibilities:

• Quantify the catastrophe risk to Gallagher Re client portfolios using vendor catastrophe models and Gallagher Re proprietary models.
• Audit client data and portfolios to assess the completeness & accuracy for catastrophe modelling purposes.
• Convert exposure data provided by clients into the formats required by catastrophe models.
• Contribute to service offering development and distribution through collaboration with the research teams and external partners.
• Engage with brokers, clients and reinsurers on climate change related topics.
• Understand and evaluate the impact of updates and revisions to models and the outputs produced.
• Communicate results effectively to all stakeholders (i.e. cat modellers / brokers / actuaries / clients/ reinsurers).
• Work closely with all stakeholders throughout all aspects of the risk quantification process.
• Real-time reporting and analysis of natural disasters and supporting clients post-event.
• Gain an understanding of risk management and the role of risk transfer methods, such as reinsurance.

Qualifications: The candidate will have at least a bachelor\xe2\x80\x99s degree in an analytical subject; such as engineering, mathematics, economics, science or natural perils. Higher academic qualifications and language skills advantageous.
They should have:

• Experience in London/global insurance markets with knowledge about (re)insurance business.
• Excellent working knowledge of at least one vendor model (i.e. RMS, AIR).
• Excellent understanding of the underlying perils science and model components.
• Ideally be able to demonstrate innovative applications and solutions for risk assessment.
• Interest in developing bespoke technical solutions for the region.
• Strong Problem-Solving skills and keen attention to detail.
• Excellent IT skills, ideally with computer programming skills (e.g. SQL, VBA, R).
• Excellent communication skills.
• Ability to process and understand data quickly and creatively.
• The ability to work in a team and highly motivated to learn and grow within a global market leader.
• Be able to work on time-critical projects - the reinsurance market is fast paced and a lot of the renewals we place are time sensitive.

Additional Information:
Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.


We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don\xe2\x80\x99t worry, we\xe2\x80\x99re here to help, however, we can only do this if you let us know.


Should you require any reasonable adjustments with your application, please get in touch with TAGlobalSupport@ajg.com. If you\xe2\x80\x99d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.


Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and is opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.


If this sounds like somewhere you\xe2\x80\x99d like to join, we\'d love to hear from you!