Role & responsibilities :

Responsibilities

We are looking for a candidate to join our highly dynamic and growing team. The role supports broking divisions by providing analytical services for existing large clients, assisting in tenders and new business activities, and contributing to the development and implementation of new products, including software and technology initiatives. This position is ideal for someone who thrives in a dynamic environment.

The role will support risk financing and design insurance optimisation strategies for large corporate clients. In addition, various Gallagher divisions require a full portfolio statistical/actuarial analysis including but not necessarily restricted to: Rate analysis and rate adequacy, deductible and lapse impact analysis and exposure analysis regarding accumulation and aggregation issues for underwriters.

The key areas of the role are:

• Data cleansing and processing to facilitate actuarial analyses.
• Assisting in reserving studies for corporate and public sector clients with large self-insurance retentions.
• Perform Risk Tolerance analysis of financials to help clients understand their ability to withstand insurance losses.
• Develop statistical models for the frequency and severity of claims to analyse alternative insurance programme structures, including self-insurance retentions.
• Advising clients on how to structure their insurance programs and reduce their total cost of risk.

Preferred candidate profile

• Graduate/post-graduate.
• A member of any recognized Actuarial institute like Institute and Faculties of Actuaries UK (IFoA), Institute of Actuaries of India (IAI), etc.
• 1 - 5 Actuarial exams cleared as per the new Curriculum, along with zeal of pursuing the qualification further.
• Excellent MS Office skills, particularly Excel is essential.
• Knowledge of Python, R, Power BI etc. is an added advantage.
• Solid analytical and problem-solving skills.
• Enthusiastic and strongly motivated self-starter.
• Ability to work collaboratively in a team environment and adapt to changing priorities.