Property CAT Analyst

Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Property Catastrophe Analyst – London – UK and Ireland team

The Company: Gallagher Re

• At Gallagher Re we help ensure our clients have the right protection in place so when the unexpected happens it is not catastrophic for their business.
• We think of ourselves as enabling resilience in an uncertain world.
• We look at the world of risk from different perspectives, working with our clients at each stage of the risk identification, risk mitigation and risk transfer process.
• We make sure they have the capacity to react to extreme events and respond in a prepared, disciplined and organized fashion.

The Team: Catastrophe Analytics

• The Catastrophe Analytics team, embedded into the broking unit, assists clients in analysing the risk to their business from all aspects of natural perils and catastrophes.

The Role: Catastrophe Analyst

• The position is for a catastrophe analyst, based in London, to join the UK and Ireland Catastrophe Analytics team with a focus on property & casualty lines of business.
• The candidate will be leading and contributing to renewal modelling projects on domestic and global accounts and engaging on developing and deploying service offering to clients alongside our research teams and external academic partners.
• The role will incorporate year-round client engagement on topics such as risk profiling, model interpretation, portfolio management and bespoke analytical projects in collaboration with the local brokers in London.
• As part of our agile team, there is also opportunity to contribute to our wider Catastrophe Analytics services across the company, and in collaboration with other Business Units.

The skills and experience:

The successful candidate will have proven experience in SQL coding, the insurance market and in catastrophe risk analysis using the main vendor models RMS and AIR, with the following responsibilities:

• Lead Global Risk Profiling of raw data for a key client using SQL, improve and automate processes
• Be instrumental in shaping and articulating our catastrophe modelling proposition to win and retain new clients
• Quantify the catastrophe risk to Gallagher Re client portfolios using vendor catastrophe models and Gallagher Re proprietary models.
• Contribute to service offering development and distribution through collaboration with the research teams and external partners.
• Understand and evaluate the impact of updates and revisions to models and the outputs produced.
• Communicate results effectively to all stakeholders (i.e. cat modellers / brokers / actuaries / clients/ reinsurers).
• Work closely with all stakeholders throughout all aspects of the risk quantification process.
• Real-time reporting and analysis of natural disasters and supporting clients post-event.
• Work on different risk management strategies and different risk transfer methods
• Support junior members in the team through training and advice. As the team continues to grow, there is the opportunity to line manage more junior members of the team.

The requirements:

The candidate should have:

• Experience in London/global insurance markets with knowledge about (re)insurance business.
• Understand reinsurance structures and their application
• Interest to be client facing and leading our analytics relationship with key clients.
• Working knowledge of at least one vendor model (i.e. RMS, AIR).
• Ideally be able to demonstrate innovative applications and solutions for risk assessment.
• Strong Problem-Solving skills and keen attention to detail.
• Excellent IT skills, and most importantly with computer programming skills (e.g. SQL, VBA, R).

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:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. 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 is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [email protected] . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

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.