FAC Reinsurance Pricing Actuary

Job Description

Introduction \n
\n
\n

\n 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.\n

\n
Overview \n
\n
\nGlobal Facultative Reinsurance Actuary – London (Global Fac Analytics) The Company\n

\n
• Gallagher Re is a global reinsurance broker and advisory firm delivering innovative risk transfer solutions and analytics-led insights.
\n
• Global Fac is a core growth area spanning property, casualty, specialty lines, captives, and structured and parametric solutions.
\n

The Role\n

\n
• This role sits at the intersection of analytics, broking, and deal execution, supporting facultative placements and structured transactions.
\n
• It is highly commercial and transaction-focused, with exposure to brokers, clients, and reinsurers, and forms part of the developing Non-Cat analytics capability.
\n

\n
How you'll make an impact \n
\n
\n

\n
• Support facultative placements, renewals, and new business opportunities, including RFPs
\n
• Support structuring across proportional, XoL, aggregate, and bespoke solutions
\n
• Deliver pricing and portfolio analytics across multiple lines
\n
• Develop and enhance pricing tools and models
\n
• Work closely with brokers and support client discussions
\n
• Contribute to development of Non-Cat analytics capability
\n

\n
About You \n
\n
\n

\n
• Qualified or nearly qualified actuary
\n
• Experience in pricing, analytics, or related field
\n
• Understanding of reinsurance structures (prop, XoL, aggregates)
\n
• Must have UK Right to Work
\n
• Advanced Excel (essential)
\n
• Python, R, SQL or similar (preferred)
\n
• Experience working with AI tools (e.g. Copilot, Claude)
\n

\n
Compensation and benefits \n
\n
\n

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

\n

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

\n

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

\n

Other benefits include:

\n

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

\n

We value inclusion and diversity

\n

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.

\n

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.

\n

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.

\n

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.

\n

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.

\n

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.

\n

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.

\n

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.