Assistant Vice President – Actuarial - Gallagher

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.

Actuarial Consulting provides a variety of high-quality services to clients through structured engagements requiring actuarial expertise.

These services may include:

• Preparation and interpretation of risk data, design of insurance or retirement plans, calculation of plan premiums, determining cash reserves and premium rates necessary to ensure sufficient funds for benefits payment and profitability.
• Primarily focused on leading and managing more complex projects counseling management and advises on advises on retirement, benefit, or underwriting projects that require actuarial or mathematical techniques to determine appropriate courses of action. Recognized subject matter expert in sub-function.
• Participates in the rate-making, reserving, and risk evaluation functions; Develops standard approaches related to trade processing, settlements, securities transfer, and record maintenance; Provides higher-level oversight to actuarial staff (for example, by review and summarizing statistical reports of data); Leads actuarial projects (low or medium complexity).
• May also develop and expand client relationships (low or medium complexity), deliver advice and identify new business opportunities.
• Acts as subject matter expert and as an actuarial liaison to other departments.
• May mentor others.
• Responsible for making moderate to significant recommendations or implementing solutions to enhance client satisfaction and portfolio growth.
• Problems are difficult and moderately complex.
• Work is performed with limited oversight.
• Works to achieve client and project targets with major impact on client and function level results.
• May lead a team on larger, complex client projects/ engagements.
• May lead work of larger projects and project teams.

Required:

• Bachelor's degree; 7 years related experience.
• Knowledge in relevant regulations where appropriate to role (e.g., state and federal benefits regulations, underwriting, benefit or insurance products).

Desired:

• Professional accreditation as Associate, Society of Actuaries (ASA) and/or Fellow, Society of Actuaries (FSA), or Fellow of the IFoA (FIA or equivalent).

Work Traits:

• Demonstrates effective Client management skills; Project management skills; Communication skills; Analytical skills; Attention to detail; Financial acumen; Business acumen.

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:

• Medical/dental/vision plans, which start from day one!
• Life and accident insurance
• 401(K) and Roth options
• Tax-advantaged accounts (HSA, FSA)
• Educational expense reimbursement
• Paid parental leave

Other benefits include:

• Digital mental health services (Talkspace)
• Flexible work hours (availability varies by office and job function)
• Training programs
• Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
• Charitable matching gift program
• And more...

We value inclusion and diversity

Click Here to review our U.S. Eligibility Requirements

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. 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 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.