Assistant Vice President - Actuarial (Health Reinsurance)

At Gallagher Re, we’re looking for an Assistant Vice President to provide expert support to our Life and Health reinsurance clients. You’ll work with a variety of clients, including traditional health insurers, MGUs, employer stop-loss carriers, and providers. Your role will involve offering risk management advice, reinsurance pricing assessments, and recommendations for optimal reinsurance program structures. Group Life, Disability and Voluntary product client support may be included as well.

This is a dynamic role where you’ll develop trusted advisor relationships with clients, contribute to innovative solutions, and help enhance Gallagher Re’s actuarial tools and models. While Portland, ME is the preferred location, remote work will be considered for the right candidate.

You’ll assess client needs and provide tailored reinsurance program advice, including evaluating structures, setting objectives, and reviewing program performance. You’ll also contribute to client service and retention by delivering technical expertise and solutions for specific projects.

You’ll assist in developing and enhancing actuarial tools for data management, pricing analysis, stochastic modeling, and financial modeling. Additionally, you’ll support client ERM and ORSA programs by facilitating stress testing and summarizing results for ORSA report submissions.

Collaboration is key in this role—you’ll work closely with other Gallagher Re associates, including actuaries, brokers, rating agency advisory, ERM, and capital markets teams, to deliver exceptional service.

Here’s what you’ll bring to the role:

• Strong problem-solving skills with the ability to apply advanced mathematical and actuarial concepts.
• Proficiency in Microsoft Excel, R, Power BI, and other Gallagher Re proprietary software tools.
• Excellent interpersonal and communication skills to present analyses clearly and build strong relationships with clients and brokers.
• A strong work ethic with the ability to prioritize tasks and manage multiple projects under tight deadlines.
• A collaborative mindset and a willingness to learn and share knowledge.
• Moderate travel availability.

Required:

• Bachelor’s degree; 3 years related experience.

Desired:

• Membership of the Society of Actuaries (SOA) with a designation of Associate, Society of Actuaries (ASA), or membership of the Institute and Faculty of Actuaries (IFoA).
• Strong exam progress towards, or qualification as, Fellow Society of Actuaries (FSA) or Fellow of the IFoA (FIA or equivalent).

At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page.

• Competitive compensation
• Comprehensive benefits programs designed to support your well-being
• Career development opportunities and ongoing learning
• A collaborative, people-first culture with accessible leadership
• The opportunity to do meaningful work with global reach and local impact

At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn’t align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. At times, we will consider transferable skills from previous roles.

Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled)