Vice President - Actuarial
Arthur J. Gallagher & Co. (AJG), New York, NY, United States
Overview
As a growing, entrepreneurial company in a niche industry, Gallagher Re offers true career opportunity to qualified applicants, and we are currently recruiting exceptional individuals in our actuarial department. The role encompasses a wide range of activities, including reinsurance pricing analysis, interaction with our Broking teams, client interaction as well as research projects. This broad-based introduction to the reinsurance sector will position you for significant future growth opportunities within our firm.
Our team-oriented culture will promote development, enabling you to gain a balanced skill set, including acumen in analysis, negotiations, etc. As you gain experience and demonstrate your capabilities, we provide you with increased client interaction and more responsibility.
As a Vice President, you will provide actuarial reinsurance pricing and dynamic portfolio optimization support for our clients and prospects.
Account Analysis & Support
Perform actuarial analysis to develop loss model for client business, estimate reinsurance pricing, and determine optimal reinsurance structures given client risk profile and underwriting strategy
Present analyses in clear terms appropriate to the audience
Provide value-added service to clients as needed
Market Research and Development
Assist in market and line of business studies to qualify Gallagher Re as thought leader in reinsurance and primary marketplace
Work closely with other analytical associates across Gallagher Re, including other actuaries, catastrophe modelers, rating agency advisory, ERM and capital markets associates
About You
Problem Solving
Able to apply advanced mathematical / actuarial concepts and techniques
Skilled in using Microsoft Excel and other software
Skilled in R and Python
Seeks appropriate data needed for analysis
Considers issues in depth, not just superficially
Finds effective, creative solutions
Applies high standard of quality control
Seeks assistance / support as appropriate
Interpersonal & Communication Skills
Builds strong working relationships with brokers and clients
Demonstrates good listening skills
Exhibits positive attitude
Clearly explains technical concepts in appropriate detail
Required
Bachelor's degree or commensurate experience; 9+ years’ related experience
FCAS or ACAS
Proficiency in Microsoft Office and R and/or Python
Moderate travel required, including some overnight travel.
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Compensation and Benefits
We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.
Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:
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
Other benefits include
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
And more...
The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.
We value inclusion and diversity
Inclusion and diversity is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.
Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.
Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non‑conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.
Equal employment opportunity will be extended in all aspects of the employer‑employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
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As a growing, entrepreneurial company in a niche industry, Gallagher Re offers true career opportunity to qualified applicants, and we are currently recruiting exceptional individuals in our actuarial department. The role encompasses a wide range of activities, including reinsurance pricing analysis, interaction with our Broking teams, client interaction as well as research projects. This broad-based introduction to the reinsurance sector will position you for significant future growth opportunities within our firm.
Our team-oriented culture will promote development, enabling you to gain a balanced skill set, including acumen in analysis, negotiations, etc. As you gain experience and demonstrate your capabilities, we provide you with increased client interaction and more responsibility.
As a Vice President, you will provide actuarial reinsurance pricing and dynamic portfolio optimization support for our clients and prospects.
Account Analysis & Support
Perform actuarial analysis to develop loss model for client business, estimate reinsurance pricing, and determine optimal reinsurance structures given client risk profile and underwriting strategy
Present analyses in clear terms appropriate to the audience
Provide value-added service to clients as needed
Market Research and Development
Assist in market and line of business studies to qualify Gallagher Re as thought leader in reinsurance and primary marketplace
Work closely with other analytical associates across Gallagher Re, including other actuaries, catastrophe modelers, rating agency advisory, ERM and capital markets associates
About You
Problem Solving
Able to apply advanced mathematical / actuarial concepts and techniques
Skilled in using Microsoft Excel and other software
Skilled in R and Python
Seeks appropriate data needed for analysis
Considers issues in depth, not just superficially
Finds effective, creative solutions
Applies high standard of quality control
Seeks assistance / support as appropriate
Interpersonal & Communication Skills
Builds strong working relationships with brokers and clients
Demonstrates good listening skills
Exhibits positive attitude
Clearly explains technical concepts in appropriate detail
Required
Bachelor's degree or commensurate experience; 9+ years’ related experience
FCAS or ACAS
Proficiency in Microsoft Office and R and/or Python
Moderate travel required, including some overnight travel.
#LI-BD1
Compensation and Benefits
We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.
Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:
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
Other benefits include
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
And more...
The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.
We value inclusion and diversity
Inclusion and diversity is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.
Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.
Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non‑conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.
Equal employment opportunity will be extended in all aspects of the employer‑employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
#J-18808-Ljbffr