CAT Analyst - Nordics

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.

Gallagher Re – CAT Analyst - Nordics - London (City)

The company: Gallagher Re

• Gallagher Re is one of the world’s leading reinsurance advisory and broking firms.
• We bring together sophisticated analytics capabilities, risk transfer and transactional expertise to provide advice and counsel to our clients.
• We help our clients interpret the data to guide their decisions surrounding the management of their risk portfolio.

The role: CAT Analyst

• The position is for a catastrophe analyst, based in London, to join the EMEA Catastrophe Analytics team with a focus on the property line of business for our Nordics clients
• The candidate will contribute to renewal modelling projects on local and global accounts and engage on developing and deploying service offering to clients alongside our research teams and external academic partners.
• Projects that the candidate may contribute to include bespoke projects in the Middle East & Africa region, such as in the recent example of helping to design parametric schemes & supporting clients on the evolving regulatory landscape with regards to climate change.

• Quantify the catastrophe risk to Gallagher Re client portfolios using vendor catastrophe models and Gallagher Re proprietary models.
• Audit client data and portfolios to assess the completeness & accuracy for catastrophe modelling purposes.
• Convert exposure data provided by clients into the formats required by catastrophe models.
• Contribute to service offering development and distribution through collaboration with the research teams and external partners.
• Engage with clients, reinsurers, brokers & actuaries on topics including model interpretation, portfolio management and bespoke analytical projects.
• Understand and evaluate the impact of updates and revisions to models and the outputs produced.
• Real-time reporting and analysis of natural disasters and supporting clients post-event.
• Gain an understanding of risk management and the role of risk transfer methods, such as reinsurance.

• A degree in numerate or hazard-related subject(s)
• Experience in London/global insurance markets with knowledge about (re)insurance business.
• Working knowledge of at least one vendor model (i.e. RMS, AIR).
• Excellent understanding of the underlying perils science and model components.
• Ideally be able to demonstrate innovative applications and solutions for risk assessment.
• Interest in developing bespoke technical solutions for the region.
• Excellent IT skills, ideally with computer programming skills (e.g. SQL, VBA, R).
• Ability to process and understand data quickly and creatively

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.