Cookies — it's your choice

At Bright Network we use cookies and similar technologies to help deliver you the best possible experience. Some are necessary to help our website work properly and can't be switched off, and some are optional but support Bright Network in building and running the service that we provide to you.

Data we store

You can find out more in our privacy policy at any time by going to the link in our footer.

    1. Home
    2. Graduate Jobs
    3. Financial Services
    4. Reinsurance Catastrophe Risk Analyst London 2023
    Lock Applications for this job are now closed
    Closing soon

    Gallagher Re is looking for a Graduate Catastrophe Risk Analyst to join our REACH Programme in our London office. As a Graduate Catastrophe Risk Analyst, you will be supporting public-private opportunities in the region, catastrophe renewal modelling, and get involved in the development of technical and parametric solutions and other tailored catastrophe modelling projects.

    Your Opportunity:

    As part of a fast-evolving, global industry, Gallagher Re provides a multitude of exciting career opportunities for skilled and driven individuals. Sponsored by the Gallagher Re Executive team, our two-year foundational learning programme - the REinsurance ACHievment Programme (REACH) – will provide everything you need to know about reinsurance and for career success. This program is unique in the industry and is set up to contend with the best training programs available across the financial services.

    This foundational programme is part of Gallagher Re’s elite Learning Academy, which supports career development for all our colleagues, from graduates through to senior leaders.

    Your Role:

    • Support in everyday modelling tasks.
    • Audit client data and portfolios to assess the completeness & accuracy for catastrophe modelling purposes.
    • Convert exposure data provided by clients into the formats required by catastrophe models.
    • Quantify the catastrophe risk to Gallagher Re client portfolios using vendor catastrophe models and Gallagher Re proprietary models.
    • Contribute to service offering development and distribution through collaboration with the research teams and external partners.
    • Recognise and evaluate the impact of updates and revisions to models and the outputs produced.
    • Communicate results optimally to all collaborators (i.e. cat modellers / brokers / actuaries / clients/ reinsurers).
    • Work with all collaborators throughout all aspects of the risk quantification process.
    • Real-time reporting and analysis of natural disasters and supporting clients post-event.
    • Gain the knowledge of risk management and the role of risk transfer methods, such as reinsurance.
    • Support junior members in the team through mentoring and advice.

    Your Skills, Knowledge & Qualifications:

    • Minimum Degree level in geo-science, geography, risk-management, or natural perils
    • Knowledge about insurance and/ or Reinsurance market would be advantageous
    • Proven knowledge of at least one vendor model (i.e. RMS, AIR)
    • Excellent knowledge of the underlying perils science and model components
    • Ideally be able to demonstrate innovative applications and solutions for risk assessment
    • Strong problem-solving skills and keen attention to detail
    • Excellent IT skills, ideally with computer programming skills (e.g. SQL, VBA, R).
    • Excellent communication skills
    • Ability to process and interpret data quickly and creatively
    • The ability to work in a team and highly motivated to learn and grow within a global market leader
    • Eligible to work in the UK.

    What We Offer You:

    We want Gallagher to be the organisation that all our people are proud to be a part of and where everyone can call themselves one of our team. Where our culture is embracing of difference, where you can be the best and, perhaps most importantly, be yourself.

    We are all different in some way. If we were all the same, and all thought the same, we would be vulnerable as a group. By welcoming and encouraging diverse opinions and backgrounds within our organisation, we will have a healthier, more innovative and ultimately more profitable business.

    If this sounds like somewhere you’d like to join, we’d love to hear from you. If you require flexibility for a role you are applying for, give us a call to chat through the options.

    About Us:

    Gallagher is a global leader in insurance, risk management and consulting services. We help businesses grow, communities thrive and people prosper. We live a culture motivated by The Gallagher Way, our set of shared values and guiding tenets. A culture driven by our people, over 30,000 strong, serving our clients with customized solutions that will protect them and fuel their futures.

    As a member of our global brokerage team, you’ll help our clients address risk, protect assets and recover from losses.

    Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. Gallagher is committed to diversity of opportunity for all and is 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.