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Advisor - Risk Analytics - Actuarial

2 months ago


Mumbai, India GCoE Full time
Introduction

We believe that everycandidate brings something special to the table, including you So,even if you feel that you’re close but not an exact match, weencourage you to apply. We’d be thrilled to receive applicationsfrom exceptional individuals likeyourself.

 

Gallagher, a global industry leader in insurance, riskmanagement, and consulting services, boasts a team of over 50,000professionals worldwide. Our culture, known as "The Gallagher Way,"is driven by shared values and a passion for excellence. At theheart of our global operations, the Gallagher Center of Excellence(GCoE) in India, founded in 2006, upholds the values of quality,innovation, and teamwork. With 10,000+ professionals across fiveIndia locations, GCoE is where knowledge-driven individuals make asignificant impact and build rewarding, long-termcareers.


Overview

Gallagher Re actuarialteam uses deep actuarial skills along with high quality analyticaland problem-solving prowess to assist clients in enhancing theirbusiness performances and optimize their reinsurance portfolios.The expertise obtained over the several years of market presenceallows the client-oriented teams to provide finestservices.

 

The candidate will work in Reinsurance Pricing teams forbusiness lines like Property & Casualty, Motor, and/orSpecialty lines like Aerospace and Marine. The teams providepricing of contracts and dynamic portfolio optimization forinternational clients, serviced via our internationaloffices.


How you'llmake an impact

The principalresponsibilities for the candidate willbe:
  • Data cleansing and processing tofacilitate actuarial analysisAssist on-shorestakeholders and Actuaries in performing Actuarial Pricing Analysissuch as Experience rating and Exposure rating for building acomprehensive, multi-dimensional loss model in accordance withclient risk profiles and industrynorms
  • Estimating reinsurance pricing anddetermining optimal ReinsuranceStrategies
  • Prepare and provide reports anddecks for the performed analysesContribute towards theIndustry studies and Benchmarking activities, that aim at promotingGallagher Re as thought leader in reinsurance marketplace
  • Contribute to development ofinnovative concepts, tools or automating currentprocess.

Aboutyou

  • Graduate/Post-graduate,preferably inStats/Maths/Eco/CommerceA student member of anyof the following institutes:
    • Institute of Actuariesof India (IAI)
    • Institute of Faculties ofActuaries – UK(IFoA)
    3-6 Actuarial examscleared as per the new Curriculum, along with zeal of pursuing thequalification furtherProfessionalcommunication skills, both written andoral
  • Good understanding of insuranceand reinsurance conceptsStrong analytical andproblem-solving skillsPropensity to thinkbeyond the assignment at hand and show ability to be detailoriented
  • Driven to take initiatives andchallenging work
  • Ability to work collaboratively inteam
  • Ability to turn around work ofprofessional quality within setdeadlines
  • Excellent MS Office skills,particularly Excel is essentialKnowledge of VBA, SQL,Python, R, Power BI etc. is added anadvantage
  • A relevant internship or industryexperience of 2 – 5 years will be an addedadvantage.

 


AdditionalInformation

We value inclusion anddiversity

Inclusion and diversity (I&D) is a core part of our business, andit’s embedded into the fabric of our organization. For morethan 95 years, Gallagher has led with a commitment tosustainability and to support the communities where we live andwork.  Gallagher embraces our employees’ diverse identities,experiences and talents, allowing us to better serve ourclients and communities. We see inclusion as a conscious commitmentand diversity as a vital strength. By embracing diversity in allits forms, we live out The Gallagher Way to itsfullest. Gallagher believes that all persons are entitled to equalemployment opportunity and prohibits any form of discrimination byits managers, employees, vendors or customers based on race,color, religion, creed, gender (including pregnancystatus), sexual orientation, gender identity (which includestransgender and other gender non-conforming individuals), genderexpression, hair expression, marital status, parental status, age,national origin, ancestry, disability, medical condition, geneticinformation, veteran or military status, citizenship status, or anyother characteristic protected (herein referred to as “protectedcharacteristics”) by applicable federal, state, or locallaws.  Equal employment opportunity will be extended in allaspects of the employer-employee relationship, including, but notlimited to, recruitment, hiring, training, promotion, transfer,demotion, compensation, benefits, layoff, and termination. Inaddition, Gallagher will make reasonable accommodations to knownphysical or mental limitations of an otherwise qualified personwith a disability, unless the accommodation would impose an unduehardship on the operation of ourbusiness.