Vice President – Life & Annuity Actuary, Reinsurance

At Gallagher Re, we’re looking for an experienced Life & Annuity Actuary (Reinsurance) to join our growing Life Solutions Group. In this role, you’ll use your technical expertise to create analytics tools and provide insights that support asset intensive life and annuity transactions and risk transfer solutions. You’ll be part of a collaborative team that values innovation, problem-solving, and delivering exceptional service to clients.

This is a unique opportunity to work on impactful projects, develop cutting-edge tools, and contribute to the growth of a dynamic team. With locations in New York, Philadelphia, Boston, Minneapolis, or Portland, Maine (and other locations considered), you’ll have the flexibility to work where it suits you best.

You’ll play a key role in analyzing and designing reinsurance and risk transfer solutions for life and annuity clients. You’ll develop pricing and evaluation models, maintain templates, and stay up to date with industry developments like PBR, RBC, and cash flow testing requirements.

You’ll also research and analyze reinsurance transactions, track market trends, and identify opportunities to answer practical business questions. Your work will include presenting results to clients, prospects, and at industry events, as well as collaborating with other team members to deliver innovative solutions.

Additionally, you’ll evaluate reinsurer annuity new business pricing proposals and provide clients with advice to evaluate their options. You’ll work closely with brokers, actuaries, and other analytical associates to deliver exceptional service and insights.

• FSA preferred, but ASA will be considered.
• At least 7 years of experience in life/annuity actuarial roles, with strong knowledge of pricing, product development, and statutory reinsurance accounting concepts.  Some annuity pricing or product development experience is preferred.
• Experience with capital methodologies and knowledge of GAAP and/or IFRS (a plus).
• Strong problem-solving skills and proficiency in tools like Microsoft Excel (experience with other software is a plus).
• Excellent communication skills to present complex analyses in clear terms.
• A collaborative mindset, strong work ethic, and a passion for learning and innovation.

#LI-BD1

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. 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...

**The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.

We value inclusion and diversity

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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.