Actuarial Analyst
Gallagher Re
About the Role
Gallagher Re's REACH Program is a 24-month structured learning and development initiative designed to equip upcoming and recent college graduates, as well as career changers, with the skills and knowledge to excel in reinsurance broking and risk management. The program start date is July 2027, with potential for early starts based on business needs. This is a full-time role with a hybrid work schedule.
Key Responsibilities
As a program participant, you will:
- Lead data collection and manipulation, working with large data sets in databases, Excel, and other tools.
- Conduct and deliver analyses for new business proposals and existing client meetings.
- Contribute to proofs of concept and the development of pricing models and actuarial benchmark pricing.
- Learn and master proprietary financial modeling and reinsurance optimization data delivery methods.
- Receive comprehensive exam support for ACAS/FCAS credentials, including paid time off to study and full expense coverage for study materials and exam fees.
Requirements & Tech Stack
- Bachelor's degree in a related field (e.g., Actuarial Science, Mathematics, Economics, Finance).
- Minimum of one actuarial exam passed.
- Intent to pursue an actuarial designation (ACAS/FCAS) from the Casualty Actuarial Society.
- Advanced Excel skills (formulas, pivot tables, macros, conditional formatting, statistical modeling).
- Strong technological proficiency with various software.
- Exceptional written and verbal communication skills.
- Flexibility to travel to the home office in Rolling Meadows, IL, five times for training.
Qualifications
- Previous internship or work experience in a related field (nice-to-have).
- Knowledge of or curiosity about the reinsurance broking and risk management industry (nice-to-have).