Introduction
Welcome to Gallagher in India — where expertise, technology, and purpose come together. Since 2006, Gallagher in India has supported global teams by delivering quality, service, and speed through deep expertise, smart technology, and specialized knowledge services. More than just an operations center, it’s a place where careers grow through collaboration, continuous learning, and purposeful work. We drive efficiency, compliance, and innovation so our teams can focus on serving clients. If you enjoy solving problems and working with purpose, Gallagher is the place where you can grow and feel a sense of belonging.
How you'll make an impact
Responsibilities:
Actuarial Consulting provides a variety of high-quality services to clients through structured engagements requiring actuarial expertise. These services may include: preparation and interpretation of risk data, design of insurance or retirement plans, calculation of plan premiums, determining cash reserves and premium rates necessary to ensure sufficient funds for benefits payment and profitability. Primarily focused on taking the lead in projects counseling management and advising on retirement, benefit, or underwriting projects that require actuarial or mathematical techniques to determine appropriate courses of action.
- Participates in the rate-making, reserving, and risk evaluation functions
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Assures preparation and interpretation of data for complex purposes and external stakeholders
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Determines rates of mortality, sickness, retirement, etc. based on analysis of statistical data
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Assists in design of insurance, retirement, or benefit plans
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Reviews complex actuarial calculations and reports, ensuring technical accuracy and compliance
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Manages and conducts research projects and communicates findings to others under minimal supervision
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Provides higher level technical support to actuarial staff
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Acts as an actuarial liaison to other departments
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May provide guidance to lower level staff; Interacts frequently with clients, delivering reports and developing relationships.
- Responsible for making recommendations or implementing solutions to enhance client satisfaction and portfolio growth.
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Problems are typically solved through drawing from prior experience and analysis of issues.
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Works independently under limited supervision.
- Works to achieve client and project targets with significant impact on function level results.
- Works independently or with a team on larger, moderate to complex client projects/ engagements.
- May be responsible for entire projects or processes for client engagements.
- Often leads the work of small project teams; may formally train junior staff.
About you
Qualifications:
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Bachelor's degree; 5 years related experience.
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Knowledge in relevant regulations where appropriate to role (e.g., state and federal benefits regulations, underwriting, benefit or insurance products).
Preferred:
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Professional accreditation as Associate, Society of Actuaries (ASA) and/or Fellow, Society of Actuaries (FSA), or Fellow of the IFoA (FIA or equivalent.
Behaviors:
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Demonstrates strong Project management skills
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Communication skills
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Analytical skills
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Attention to detail
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Financial acumen
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Business acumen.
Additional Information
Compensation and benefits
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 Insurance and Parental Medical Insurance
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Accidental Insurance and Life Insurance
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Retirals - Employee Gratuity, Future Service Gratuity benefit - Group Term Life, Employee Provident Fund, National Pension Scheme
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Flexi Benefits Plan - Tax Savings Plans
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Educational expense reimbursement
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Annual Leave/ Maternity & Paternity Leave/ Additional paid ML, Mental Health Day
Other benefits include:
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Employee Wellness Programs
- Training programs
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And more..
We value inclusion and diversity
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.
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.