Trainee - 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. Overview Job Title Catastrophe Modeling Advisor (Entry-Level) Overview Are you ready to kickstart your career in analytics? Join us as a Catastrophe Modeling Advisor in Mumbai. You’ll work with a global team to help insurers understand and manage risks from natural disasters. This is a great opportunity to learn, grow, and make an impact in the insurance and reinsurance industry. How You’ll Make an Impact Prepare and clean data for analysis using tools like SQL and Excel. Use leading catastrophe models (RMS RiskLink, AIR Touchstone, CoreLogic RQE) and AJG’s proprietary models to assess risk. Analyse exposures, apply modeling assumptions, and generate reports. Create maps and visualisations using tools like ArcGIS and SpatialKey. Collaborate with senior analysts and international teams to meet project goals. Learn new concepts quickly and adapt to evolving technology and processes. About You Education: Graduate/Post-Graduate in a quantitative field like Mathematics, Statistics, Economics, or Engineering. Experience: 0–6 months for Trainee Advisor or 6 months–1 year for Advisor. Skills: Basic to intermediate knowledge of SQL, Excel, and catastrophe modeling tools. Strong analytical and time management skills. Clear communication and teamwork abilities. Eager to learn and adapt to new challenges. Bonus: Familiarity with programming languages like R, Python, or Matlab. Why Join Us? At Gallagher, we believe in investing in people. You’ll receive mentorship, training, and the chance to work on meaningful projects that make a difference. How you'll make an impact Responsibilities As a Catastrophe Modeling Advisor, you’ll play a key role in helping insurers and reinsurers understand and manage risk. Your responsibilities will include: Data Preparation: Collect, clean, and prepare insurance exposure data using tools like SQL and Excel. Risk Analysis: Analyse exposures by geocoding data, applying modeling assumptions, and ensuring accurate model settings. Catastrophe Modeling: Use industry-leading tools (RMS RiskLink, AIR Touchstone, CoreLogic RQE) and AJG’s proprietary models to quantify catastrophe loss potential. Report Generation: Create exposure and loss summary reports using internal tools like iFM and WorkFlowManager. Visualise data through maps and charts using tools like ArcGIS and SpatialKey. Model Sensitivity Analysis: Test how changes in input parameters affect model outputs to refine results. Collaboration: Work closely with senior analysts and international teams to meet project goals and ensure client satisfaction. Continuous Learning: Stay updated on evolving modeling technologies and insurance practices. Be proactive in learning new concepts and tools. Adaptability: Manage dynamic projects with shifting timelines and multiple stakeholders. This role is ideal for someone who thrives in a fast-paced environment, enjoys problem-solving, and is eager to learn and grow in the field of catastrophe modeling. About you Qualifications: Bachelors Degree and 0-1 year 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. Responsibilities As a Catastrophe Modeling Advisor, you’ll play a key role in helping insurers and reinsurers understand and manage risk. Your responsibilities will include: Data Preparation: Collect, clean, and prepare insurance exposure data using tools like SQL and Excel. Risk Analysis: Analyse exposures by geocoding data, applying modeling assumptions, and ensuring accurate model settings. Catastrophe Modeling: Use industry-leading tools (RMS RiskLink, AIR Touchstone, CoreLogic RQE) and AJG’s proprietary models to quantify catastrophe loss potential. Report Generation: Create exposure and loss summary reports using internal tools like iFM and WorkFlowManager. Visualise data through maps and charts using tools like ArcGIS and SpatialKey. Model Sensitivity Analysis: Test how changes in input parameters affect model outputs to refine results. Collaboration: Work closely with senior analysts and international teams to meet project goals and ensure client satisfaction. Continuous Learning: Stay updated on evolving modeling technologies and insurance practices. Be proactive in learning new concepts and tools. Adaptability: Manage dynamic projects with shifting timelines and multiple stakeholders. This role is ideal for someone who thrives in a fast-paced environment, enjoys problem-solving, and is eager to learn and grow in the field of catastrophe modeling. Qualifications: Bachelors Degree and 0-1 year prior relevant experience, or equivalent experience.