Actuarial Analyst

About the Role

Gallagher Re is seeking Actuarial Analysts to join the REACH Program. The program is a 24-month structured learning and development initiative designed for upcoming and recent college graduates, as well as career changers. The program focuses on equipping participants with the skills and knowledge for reinsurance broking and risk management.

Program start date: July 2027. Early starts may occur.

This is a full-time role with a hybrid work schedule.

Key Responsibilities

As an Actuarial Analyst, 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.
• Support clients in navigating challenges and finding coverage solutions.
• Assist clients during unexpected losses.

Requirements & Tech Stack

• Bachelor’s degree in a related field (e.g., Actuarial Science, Mathematics, Economics, Finance).
• Passed a minimum of one actuarial exam.
• 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 (travel expenses covered).

Nice-to-Haves:

• 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.
• Collaborative, people-first culture.
• Opportunity to do meaningful work with global reach and local impact.