Catastrophe Risk Analyst

Job Description

Catastrophe Risk Analyst | Gallagher Re

The Tone:
This is a full-time role at Gallagher Re, with a hybrid work schedule where in-office and remote days are determined by the location, and requires travel to Rolling Meadows, IL for training. The company helps clients worldwide make confident, data-driven decisions by providing strategic advisory services and transactional excellence through world-class analytics and deep reinsurance expertise. This role is vital for protecting client assets and ensuring they can navigate complex risks, ultimately safeguarding policyholders when disasters strike. Your contributions directly enable clients to maintain strong financial positions to cover claims for their policyholders.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Hybrid – determined by location, with travel to Rolling Meadows, IL

• Mission: This person enables clients to understand and manage complex risks, ensuring financial stability to cover claims for their policyholders.
• Tech Stack: Excel (formulas, pivot tables, macros, conditional formatting, statistical modeling), SQL, VBA, R

What You’ll Actually Do
• Data Collaboration: Audit and enhance client insurance company data sets, then model them collaboratively with clients.
• Report Generation: Explain complex model outputs and findings through clear and compelling written reports.
• Client Presentations: Present analysis summaries to internal and external clients to guide impactful discussions and craft future strategies.
• Event Response: Conduct real-time analysis and response for catastrophic events to support insurance companies in protecting their policyholders.
• Insight Discovery: Analyze vast data sets to uncover insights and develop potential solutions for addressing risk challenges.
• Professional Development: Participate in structured learning seminars and work towards attaining the ARe (Associate in Reinsurance) designation and other necessary licenses.

The Must-Haves
• Background: Entry-level career changers or recent college graduates with a Bachelor’s degree in Business Analytics, Business Statistics, Data Science, Earth Science, Geography, Topography, or Risk Management.
• Experience: Experience with advanced Excel functions including creating formulas, pivot tables, macros, conditional formatting, and statistical modeling.
• Skills: Exceptional written and verbal communication skills, strong problem-solving abilities, and keen attention to detail.
• Bonus: Computer programming skills such as SQL, VBA, or R; previous internship or work experience in a related field; or a strong curiosity about the reinsurance broking and risk management industry.