Senior Vice President - Actuarial

At Gallagher Re, we bring clarity to complexity by helping clients around the world make confident, data-driven decisions in a rapidly evolving risk landscape. Here, you’ll be part of a team that leverages world-class analytics and deep reinsurance expertise to deliver strategic advisory services and transactional excellence. Together, we transform advanced insights and market intelligence into strategies that protect businesses, drive performance, and shape the future of reinsurance.  We’re a community of decision makers, future shapers, and trusted experts working side by side to deliver meaningful impact through innovative thinking and practical solutions. At Gallagher Re, your curiosity is welcomed, your growth is championed, and your work truly matters.  This is a place where you'll have the freedom to explore new ideas, take ownership of your career, and collaborate with people who are as driven and inquisitive as you are.

Gallagher Re is looking for a SVP Actuary to provide actuarial support to Gallagher’s reinsurance Brokers and Clients. The role will be dedicated to our Cyber team. This role will be primarily based in New York City and offers a hybrid office-remote environment.

The Gallagher Re Cyber Analytics team currently offers a range of services including, but not limited to:

• Exposure and experience based pricing ; proportional and non-proportional reinsurance
• Reinsurance Structure modelling ; stochastic modelling to investigate impact of reinsurance structures P&L, Balance Sheet and Capital Requirements.
• Optimization ; capital efficiency and return from using reinsurance structures for both prospective and retrospective liabilities.
• Benchmarking ; compilation, analysis and presentation of product and sector benchmarking.
• Research and development ; current areas of focus include Outside-In scanning, inflation and cyber loss reserving.
• Cyber CAT Modelling ; using commercially available Cyber models to evaluate client portfolios

The role encompasses interaction with clients (including tenders / RFPs) and Gallagher Re brokers. The successful individual will provide input and participate in the development of new opportunities and renewals. The role will also assist the team in developing new and existing analytics tools and modelling capabilities. This is an exciting opportunity to join a growing US team focusing on a high profile product within the (re)insurance industry.

Core Responsibilities

• To lead analytics for cyber reinsurance placements.
• To effectively communicate analytics work with clients and reinsurers.
• To ensure effective and structured verbal and written communication, with the ability to present information in a clear manner and contribute to meetings as required.
• To use best practices and knowledge to identify efficiencies and process improvements within projects assigned, and to solve problems as required.
• To develop in-house cyber expertise through research and development projects.
• To develop and automate new and existing modelling processes.

Required:

• Bachelor's degree; 7 years related experience.
• Knowledge in relevant regulations where appropriate to role (e.g., state and federal benefits regulations, underwriting, benefit or insurance products).

Desired:

• Professional accreditation as Fellow, Casualty Actuarial Society (FCAS)

Work Traits:

• Demonstrates effective Client management skills; Project management skills; Communication skills; Analytical skills; Attention to detail; Financial acumen; Business acumen.

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

Click Here to review our U.S. Eligibility Requirements

Inclusion and diversity (I&D) 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.