Actuarial Analyst- Chicago - Reach 2024
Overview
Please note: The REACH Program start date is June 2024. Early starts may occur based on business needs.
Are you ready to kick-start your career or transition into a stable industry that is committed to your professional growth? Look no further! Join us at Gallagher Re and fast-track your career as a Reinsurance Broking Analyst through our REACH Program.
This is a 24-month structured learning and development program that will equip upcoming and recent college graduates, as well as career changers, with the skills and knowledge needed to excel in the world of reinsurance broking and risk management. Through this opportunity, you will gain direct access to our esteemed Executive Team and an extensive network of supportive mentors, inspiring trainers, and talented colleagues. Get ready for an experience where guidance and collaboration pave the way to success. All hours spent in training are hours worked and are paid competitively. This is a full-time role with a hybrid work schedule. You will have in-office days and remote days determined by the location.
Responsibilities
From natural catastrophes to cyber or political risks, you will play a pivotal role in protecting our clients' assets and helping them navigate complex risks with confidence. By immersing yourself in sophisticated analytics, you will provide invaluable insights, innovative risk transfer strategies, and operational expertise, enabling our clients to maintain strong financial positions to cover claims for their policyholders when disasters strike.
Every day presents new challenges, ensuring your work remains dynamic and engaging. As a program participant, you will:
- Lead data collection and manipulation, mastering the art of working with large data sets within databases, Excel, and other tools
- Conduct and deliver compelling analyses for new business proposals and existing client meetings, showcasing your expertise and influencing critical decisions
- Contribute to proofs of concept and the development of pricing models and actuarial benchmark pricing, making a tangible impact on our business operations
- Learn and master our proprietary financial modeling and reinsurance optimization data delivery methods, unlocking the power of advanced technology in risk management
Throughout your journey, you will receive comprehensive exam support as you progress towards your ACAS/FCAS credentials. Our exam program includes paid time off to study and full expense coverage for study materials and exam fees.
As your experience and expertise grow, you will play a meaningful role in helping clients navigate challenges and find coverage solutions that align with their budgets. Your expertise will be instrumental in supporting clients during unexpected losses, ensuring their businesses continue to thrive.
Qualifications
We know that the confidence gap and imposter syndrome can sometimes get in the way of meeting outstanding candidates like you, so please don’t hesitate to apply – we’d love to hear from you.
Minimum Requirements:
- Bachelor’s degree in a related field, i.e. Actuarial Science, Mathematics, Economics, Finance, etc.
- Passed a minimum of one actuarial exam
- Intent to pursue an actuarial designation, ACAS/FCAS, from the Casualty Actuarial Society
- Advanced Excel skills, i.e. creating formulas, pivot tables, macros, conditional formatting, and statistical modeling
- Strong technological proficiency enabling you to use various software for efficient task completion
- Exceptional written and verbal communication skills to effectively engage with clients and colleagues
- Flexibility to travel to our home office in Rolling Meadows, IL, five (5) different times for training. Rest assured, all travel expenses will be covered by Gallagher Re
Nice-to-Haves:
- Previous internship or work experience in a related field
- Knowledge of or curiosity about the reinsurance broking and risk management industry
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