Analyst

Department Icon Insurance- General Insurance
Posted: 8 months ago
5-7 years
Bengaluru / Bangalore, Karnataka
Insurance- General Insurance
work from office
Full Time

Posted: 8 months ago
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Job Description

Introduction

Welcome to Gallagher - a global community of people who bring bold ideas, deep expertise, and a shared commitment to doing whats right.

We help clients navigate complexity with confidence by empowering businesses, communities, and individuals to thrive.

At Gallagher, youll find more than a job; youll find a culture built on trust, driven by collaboration, and sustained by the belief that were better together. Experience a workplace where youre encouraged to be yourself, supported to succeed, and inspired to keep learning. Thats what it means to live The Gallagher Way.

Founded in 2006, the Gallagher Center of Excellence (GCoE) 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

The Rating Advisory team caters to various business intelligence needs of reinsurance clients and brokers. The team provides studies based on financial and other relevant data providing critical intelligence on the performance of targeted insurance companies as well as the trends in the insurance markets.

How Youll Make An Impact

  • Rating advisory analysts will be involved in in-depth analysis of insurance company financials statements to identify strengths and weaknesses in performance as well as capital adequacy challenges.
  • The analysis is conducted in light of recent developments within the company, industry trends and rating agency views.
  • The analyst will also be involved in studies spanning the clients peers and industry. Also critical to success in the role is involvement in continuous improvement initiatives and development of new reporting tools and products.
  • Identify companies in the market that have issues with Reinsurance/Capital/Rating that Gallagher can target as potential clients.
  • Support analysis of data by business, industry, geography, products/services, client size, and other relevant business segmentations.
  • Work on Financial/Capital Models and ability to interpret the results.
  • Understand current financial performance & factors affecting them.

About You

  • Masters level qualification with specialization in finance.
  • Ability to perform financial, rating, and reinsurance analysis.
  • Ability to analyse and interpret data; Confident and self-driven individual; has Can-Do attitude; Ability to work in teams and ability to maintain good interpersonal relationships.
  • Good understanding of financial statements and insurance statutory/ GAAP accounting.
  • Excellent communication skills both verbal and written.
  • Excellent knowledge of Microsoft office is essential and advanced Excel skills.
  • Proficiency in the use of PowerBI, SQL, desired, but not mandatory.
  • 5 years of work experience in financial modeling and forecasting, financial analysis or related work experience at an (re)insurance company, reinsurance intermediary or consulting firm.

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 youll get, depending on your job level, these benefits may improve:

  • Medical Insurance and Parental Medical Insurance
  • Accidental Insurance and Life Insurance
  • Retirals - Employee Gratuity, Future Service Gratuity benefit - Group Term Life, Employee Provident Fund, National Pension Scheme
  • Flexi Benefits Plan Tax Savings Plans
  • Annual Leave/ Maternity & Paternity Leave/ Additional paid ML, Mental Health Day

Other benefits include:

  • Employee Wellness Programs
  • Training programs
  • And more..

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and its 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.

Skills

AccountingFinancial StatementsGaap AccountingGaapReporting ToolsFinance

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About Company

Arthur J. Gallagher & Co. is a global insurance brokerage, risk management, and consulting services firm. They offer a wide range of services to businesses and individuals, including risk management consulting, insurance brokerage, employee benefits consulting, and claims management.

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