Account Manager

Arthur J. Gallagher & Co.; West Midlands Combined Authority; On-site; GBP 40,000 - 70,000; Full time

Job summary

Join a dynamic global brokerage team dedicated to addressing risk head-on. As an Underwriter, you'll play a crucial role in managing business risks, optimizing financial performance, and collaborating with various departments to achieve targets. With a commitment to diversity and inclusion, this forward-thinking company offers a supportive environment where your contributions matter. Enjoy competitive benefits, including generous holiday allowances and opportunities for professional growth. If you're passionate about problem-solving and ready to make an impact, this role is perfect for you.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance up to 10x salary

Income protection

Health cash plan or Private medical insurance

Three fully paid volunteering days

Employee Stock Purchase plan

Discounted gym membership

Season ticket loan

Emergency back-up family care

Qualifications

• Understanding of Commercial Combined policies and underwriting processes.
• Strong negotiation and rapport-building skills.

Responsibilities

• Manage existing business risks and evaluate underwriting.
• Build and maintain relationships with internal and external stakeholders.

Skills

Negotiation Skills

Risk Assessment

Relationship Building

Problem-Solving

Education

Degree in Finance or Business

Professional Underwriting Qualification

Job description

Introduction

Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Overview

We are seeking a dynamic, motivated and experienced Underwriter to join our growing team. This is a role for someone who is keen to shape, and grow this area in the best way they see fit. In this role, you will be responsible for managing a number of existing business risks, evaluating, underwriting, and renewing them. You will utilize your personal and professional skills, contacts, experience, and judgement to optimize both the short-term and long-term financial performance of the company. Your contributions will be vital in meeting our income and profit objectives, aligning with budget and EBITDAC targets.

How you'll make an impact

• Consistently meet mutually agreed financial measures.
• Maintain a high standard of personal organization to manage daily and weekly tasks.
• Contribute as a team player, supporting colleagues to achieve team new business targets.
• Develop a deep understanding of the products and services we offer.
• Provide professional advice to brokers.
• Build and maintain relationships with internal and external underwriters/insurers.
• Liaise and negotiate effectively with our insurer partner to obtain the best terms for clients.
• Compile and provide statistics as required by your line manager.
• Handle account queries in collaboration with brokers and the Accounts team.
• Present a positive and professional image of the company to staff, customers, insurers, and the public.
• Operate within the agreed personal delegated underwriting authority.
• Assist departmental staff with their workload as needed, especially during staff absences.
• Collaborate with Sales, Marketing, Agency, Accounts, and Claims departments.
• Adhere to agreed service standards and report complaints in line with company procedures.
• Act in accordance with FCA rules and company policies and procedures.

About you

• Understanding of coverage provided by Commercial Combined policies.
• Knowledge of internal underwriting processes and risk exposure monitoring.
• Strong negotiation, closing, and rapport-building skills.
• Comfortable and credible at decision-maker level.
• Detailed understanding of rating methods applied to our business.
• Awareness of the limitations of the company's delegated authority.
• Knowledge of company policies and procedures, including conflict of interest, complaints, and whistleblowing policies.

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:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many 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 organisation. 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.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [e-mail] . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

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. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.