Catastrophe Risk Analyst

About the Role

Gallagher Re is seeking Catastrophe Risk Analysts to join our REACH 2027 program. This is a 24-month structured learning and development program designed for upcoming and recent college graduates, as well as career changers. The program aims to equip participants with the skills and knowledge needed to excel in reinsurance broking and risk management.

The REACH Program start date is July 2027. Early starts may occur based on business needs. This is a full-time role with a hybrid work schedule.

Key Responsibilities

As a Catastrophe Risk Analyst in the REACH Program, you will:

• Collaborate with clients to audit, enhance, and model insurance company data sets.
• Explain model outputs and prepare written reports to communicate complex concepts.
• Present analysis summaries to internal and external clients.
• Provide real-time event response and analysis of catastrophic events.
• Analyze vast data sets to uncover insights and develop potential solutions.
• Participate in web-based and in-person seminars to expand industry knowledge.
• Work towards attaining your ARe (Associate in Reinsurance) designation within 18 months of your hire date.
• Support clients in navigating challenges and finding coverage solutions.
• Assist clients during unexpected losses.

Requirements & Tech Stack

• Bachelor’s degree in a related field such as Business Analytics, Business Statistics, Data Science, Earth Science, Geography, Topography, or Risk Management.
• Advanced Excel skills, including creating formulas, pivot tables, macros, conditional formatting, and statistical modeling.
• Exceptional written and verbal communication skills.
• Strong problem-solving skills and keen attention to detail.
• Flexibility to travel to our home office in Rolling Meadows, IL, five (5) times for training.

Nice-to-Haves:

• Computer programming skills, e.g. SQL, VBA, R.
• Previous internship or work experience in a related field.
• Knowledge of or curiosity about the reinsurance broking and risk management industry.

Compensation And Benefits

• Competitive compensation.
• Comprehensive benefits programs.
• Career development opportunities and ongoing learning.
• A collaborative, people-first culture with accessible leadership.
• The opportunity to do meaningful work with global reach and local impact.