Prepare for Your Gallagher Interview with Real Experiences!
View interviews
AmbitionBox
Search
Jobs
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Premium Employer
i
This company page is being actively managed by
Gallagher Team. If you also belong to the team, you
can get access from
here
Gallagher
Work with us 
Compare
All Filters
132 Gallagher Jobs
Advisor/Sr. Analyst - Catastrophe Modelling
Gallagher
posted 2 weeks ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Introduction
Overview
How youll make an impact
About you
Additional Information
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. We d be thrilled to receive applications from exceptional individuals like yourself.
Gallagher, a global industry leader in insurance, risk management, and consulting services, boasts a team of over 50,000 professionals worldwide. Our culture, known as The Gallagher Way,is driven by shared values and a passion for excellence. At the heart 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 five India locations, GCoE is where knowledge-driven individuals make a significant impact and build rewarding, long-term careers.
Overview
Catastrophe Modelers quantify catastrophe loss potential of risk exposures carried by different entities, especially Insurers.
The incumbent will be responsible for modeling insurance exposures for large, complex insurance books having complex insurance and/or reinsurance terms using leading catastrophe models like RMS RiskLink, AIR Touchstone, CoreLogic RQE as well as proprietary WTW models.
This includes preparing the data for analysis, data scrubbing as well as data mining, generating probabilistic loss estimates using catastrophe models, creating and visualizing exposure and loss summaries, conducting loss feasibility studies to validate modeled losses, estimating the impact of model change, optimizing the reinsurance structure, etc. It also includes serving as the epicenter of all modeling action by coordinating between different offices and stakeholders in order to ensure modeling and client satisfaction goals are met.
The ability to lead modeling efforts for top clients and finding innovative and bespoke solutions to complex problems is a key expectation at this level. The candidate is expected to use very advanced Catastrophe Modeling expertise in order to tackle any kind of challenge and guide other team members as and when needed. The right candidate should be skilled at training junior analysts and reviewing their work.
Project planning/management and complex problem solving are some of the key skills needed in this role. The incumbent will be expected to continuously upskill themselves and do value add to the process/projects on a consistent basis.
The candidate is expected to work on projects that include dynamic deliverables with shifting timelines, involving multiple stakeholders. The models and technology are also continuously evolving. As such, the candidate should display great alacrity and agility and should be an excellent team player who can adapt to changing circumstances and the dynamic nature of demands/challenges.
The incumbent will be responsible for leading renewal, intermittent and RFP modeling on highly complex accounts; the modeling span typically ranges from 6 weeks for entry level accounts for this position to 6 months for top accounts.
How youll make an impact
- Model input preparation - Includes data preparation as well as data scrubbing using SQL/Excel.
- Analyzing the exposures - Includes geocoding the exposures, implementing modeling assumptions accurately in the modeling process, ensuring correct model and peril settings, etc. in order to quantify insurers catastrophe loss potential.
- Generating reports - Includes using internal tools like iFM, WorkFlowManager for creating exposure as well as loss summary reports, visualizing various statistics by creating maps using SpatiaKey, ArcGIS, etc.
- Running proprietary models - Running customized peril analysis using WTW proprietary models.
- Model Sensitivity Analysis - Testing the change in model output with change in input parameters.
- Answering SRQ - using internal tools and modeled losses for answering Natural Catastrophe as well as Terrorism portions of SRQs.
- Validating losses - conducting loss feasibility studies to validate modeled losses.
- Model change management - stay updated with changes in models and conduct studies to estimate the impact on modeled client losses.
- Leading RFPs - Utilize the extensive modeling experience in leading RFPs where prospects usually do not share any data.
- Optimizing reinsurance - Model different reinsurance structures to identify the optimum structure in order to maximize client profitability.
- Mentoring - Mentor specific junior analysts in the team dedicatedly in order to minimize their learning curve.
- Training - Participate in training programs in order to train new recruits.
- Knowledge share - Conduct regular knowledge share sessions within and/or outside the team
- Leading eVENT Response - help coordinate the live eVENT response, generating reports and managing client interactions on timely basis
- discuss the progress made as well as any items of significance
- seek feedback and suggestions
- discuss project plan and resource allocation
- discuss the progress made as well as any items of significance
- seek feedback and suggestions
- share insights into modelled losses and reports
- act as the main coordinator between multiple stakeholders
About you
- Graduate/Post-Graduate in any Quantitative Discipline, preferably, but not limited to, Mathematics / Statistics / Economics , Engineering, etc.
- Experience
- Senior Analyst 6 to 8 years
Additional Information
We value inclusion and diversity
Inclusion and diversity (ID) 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 commu nities 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 Th e 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.
"," Employment Type: Full Time, Permanent
Read full job description
What people at Gallagher are saying
Rating based on 2 Advisor
reviews
Anonymous · Finance & Accounting
in Mumbai
Likes
Good in team work
- Salary - Excellent
+6 more
Dislikes
There is nothing to dislike for Gallagher
Advisor salary at Gallagher
reported by
39
employees
with 1-5
years exp.
₹3.1
L/yr - ₹7
L/yr
16%
less
than the average Advisor Salary in India
View more details
What Gallagher employees are saying about work life
based on 2.1k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Gallagher Benefits
Submitted by Company
Tax-advantaged accounts (HSA, FSA) Gallagher Thrive program 401(k) and Roth options Paid parental leave Charitable matching gift program
Submitted by Employees
View more benefits 
Compare Gallagher with
HDFC Life
Compare
ICICI Prudential Life Insurance
Compare
Axis Max Life Insurance
Compare
Bajaj Allianz Life Insurance
Compare
ICICI Lombard General Insurance Company
Compare
SBI Life Insurance Company
Compare
Tata AIA Life Insurance
Compare
HDFC Ergo General Insurance
Compare
PNB MetLife
Compare
Kotak Mahindara Life Insurance
Compare
Aditya Birla Sun Life Insurance
Compare
Reliance Nippon Life Insurance
Compare
Bajaj Allianz General Insurance
Compare
Star Health & Allied Insurance
Compare
Cholamandalam MS General Insurance
Compare
Life Insurance Corporation of India
Compare
Aditya Birla Health Insurance Co
Compare
Shriram Life Insurance
Compare
Guardian India
Compare
Principal Global Services
Compare
Similar Jobs for you
Gallagher Bangalore / Bengaluru Office Location
Bengaluru/Bangalore, Karnataka Office
Ground, 1st & 2nd Floor Brigade Magnum Devanahalli Airpot Road A Wing, B Wing, Yelahanka
Bengaluru/Bangalore, Karnataka
560092
560092
Advisor/Sr. Analyst - Catastrophe Modelling
6-8 Yrs
Bangalore / Bengaluru
Consulting, SQL, Recruitment +7 more
Gallagher - Marketing Automation Role - Leads Management (7-9 yrs)
7-9 Yrs
Digital Marketing, Lead Generation, Marketing Automation
Manager - Internal Process Control
12-16 Yrs
Pune
Auditing, Risk Assurance
Hiring B.com, BMS, BBI, BBA Graduate Freshers For Bangalore location !
Bangalore / Bengaluru
Marketing Automation Leads Management
2-5 Yrs
Bangalore / Bengaluru
Consulting, Operations, Recruitment +7 more
Senior .Net Developer(.Net Core+Azure) || Kochi
4-7 Yrs
Kochi, Ernakulam
.NET, SQL, Angular +2 more
Devsecops Engineer|| Kochi, Kerala || 3-7 Years experience
3-7 Yrs
Kochi, Ernakulam
Adobe, DevOps, Python +3 more
Web Developer - Marketing Campaigns
6-8 Yrs
Bangalore / Bengaluru
Salesforce, SEO, Consulting +6 more
Web Developer Marketing Campaigns
3-8 Yrs
Bangalore / Bengaluru
Salesforce, SEO, Consulting +7 more
Assistant Manager Customer Service
8-13 Yrs
Mumbai Suburban, Navi Mumbai, Mumbai
Voice Process, International BPO, International Voice Process +3 more
Share an Interview