Senior Analyst - Risk Analytics

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.

Job Title Trainee/Analyst/Senior Analyst Overview At Gallagher, we help businesses manage risk and protect what matters most. We’re the world’s third-largest insurance brokerage, with over 56,000 employees globally. Our Gallagher Center of Excellence in India supports our global teams with fast, high-quality service. We’re looking for a Trainee, Analyst, or Senior Analyst to join our RPS Adapt Catastrophe Modeling team in Mumbai or Bangalore. You’ll work on rotational shifts, using cutting-edge tools to help clients understand and manage risks from natural disasters like hurricanes, earthquakes, and floods. How You’ll Make an Impact Prepare and Analyse Data: Scrub and process data from Statements of Value (SOVs) and financial documents. Model Risks: Use tools like RMS to simulate the impact of natural disasters on client portfolios. Collaborate: Work with teams in India and the US to provide insights into risk profiles and modeling results. Communicate Findings: Create reports and presentations to share your analysis with senior management and clients. Improve Processes: Stay updated on industry trends and help enhance our tools and methods. About You You’ve got a degree in Mathematics, Statistics, Engineering, or a similar field. You’re comfortable working with data and have experience with tools like SQL and Excel (preferred but not essential). You’re analytical, organised, and a great communicator. You’re curious, eager to learn, and ready to make a difference. Join us and be part of a team that’s shaping the future of risk management. How you'll make an impact Responsibilities for the Role: Trainee/Analyst/Senior Analyst – Catastrophe Modeling Data Preparation and Analysis Review and clean data from Statements of Value (SOVs) to ensure accuracy. Extract and interpret financial details from binders and update models accordingly. Create input files, geocode data, and prepare it for modeling. Risk Modeling and Analysis Use catastrophe modeling tools (e.g., RMS) to simulate the impact of natural disasters on client portfolios. Adjust models to reflect unique risk characteristics and client-specific needs. Analyse model outputs to identify potential losses, probabilities, and risk-adjusted returns. Conduct sensitivity analyses to understand how different factors influence outcomes. Collaboration and Stakeholder Engagement Work closely with teams in India and the US to deliver insights on client risk profiles. Provide clear explanations of model behavior, assumptions, and results to stakeholders. Support the Gallagher Re Catastrophe Analytics community as needed. Data Management Integrate and manage large datasets, including policyholder information, geographical data, and historical event data. Ensure data quality, consistency, and accuracy in all modeling processes. Reporting and Communication Create detailed reports and presentations on model assumptions, methodologies, and findings. Share actionable insights with senior management, brokers, and clients. Continuous Improvement and Research Stay updated on industry trends, new methodologies, and emerging risks. Contribute to the development of internal tools and processes. Identify opportunities to improve modeling techniques and workflows. This role is perfect for someone who enjoys working with data, solving complex problems, and collaborating with global teams to make a real impact. About you Qualifications: Graduation Degree and minimum 3 years of prior relevant experience, or equivalent experience. 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 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 Educational expense reimbursement 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 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.