Broker (Associate Director)

Arthur J. Gallagher & Co. (AJG); London; On-site; GBP 40,000 - 80,000; Full time

Job summary

Join a dynamic team at the forefront of the reinsurance industry, where your expertise will shape innovative solutions for clients. This role offers an exciting opportunity to leverage your negotiation and technical skills while collaborating with a diverse team of professionals. As a key player in the EMEA treaty reinsurance team, you will engage with clients and colleagues across various offices, ensuring exceptional service and strategic insights. If you are ready to make a significant impact in a global reinsurance broker, this is the perfect opportunity for you to grow and excel in your career.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance up to 10x salary

Income protection up to 50% of salary

Health cash plan or Private medical insurance

Three fully paid volunteering days

Employee Stock Purchase plan

Discounted gym membership

Season ticket loan

Access to discounted voucher portal

Qualifications

• Experience in P&C treaty reinsurance market is essential.
• Strong command of technical, statistical, and broking skills.

Responsibilities

• Lead account handling and develop marketing strategies.
• Collaborate with actuaries and client teams for comprehensive advice.
• Handle queries from clients and reinsurers, ensuring quality service.

Skills

Negotiation Skills

Technical Skills in Reinsurance

Statistical Analysis

Broking Skills

Relationship Building

Time Management

Education

Chartered Insurance Institute qualification (Cert CII, Dip CII, ACII)

Tools

Microsoft Office

Job description

Introduction

Join us at Gallagher Re, the trailblazers of the reinsurance world, where every day brings new opportunities to shape the future. We empower our clients with cutting-edge analytics and insights, providing them the confidence to make strategic decisions that transform industries. As a team member, you'll be at the forefront of innovation, translating data into impactful solutions and taking the reins of your career like never before.

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 pleased to be recruiting an experienced Broker for our London-based EMEA treaty reinsurance team!

The successful candidate will have proven experience in the P&C treaty reinsurance market and have a strong command of technical, statistical and broking skills.

If you are looking for a new opportunity to join a global reinsurance broker and contribute to our continued growth, then please apply today!

How you'll make an impact

• Frequent engagement with colleagues across various Gallagher Re offices that cater to the EMEA market.
• Collaborating daily with the wider client team, including actuaries, Cat modellers, and servicing teams, to develop comprehensive client advice.
• Leading day-to-day account handling and developing initial ideas for structure, coverage, and marketing strategy.
• Reviewing data, statistics, and information packs to support the placement of clients' reinsurance programs, ensuring detailed marketing and broking.
• Supporting the creation of slips to ensure clients receive outstanding coverage.
• Coordinating analytics and servicing resources to nurture a sense of community within the client team.
• Leading tenders, structuring, and placement execution.
• Ensuring top-quality accounting and claims servicing.
• Bringing up issues to the Client Advocate and Advocate Partner as needed.
• Representing clients and Gallagher Re in the market.
• Handling and resolving queries from clients and reinsurers, including regular in-person engagement.
• Working on ad hoc projects, supporting strategy, conducting research, and producing reports/PowerPoint presentations.
• Contributing to RFPs and tenders to support the growth of Gallagher Re.

About You

• A Chartered Insurance Institute qualification (Cert CII, Dip CII, ACII) is desired.
• Validated experience in handling treaty reinsurance business.
• Ability to discuss broader risk and capital management and regulatory issues affecting the (re)insurance industry, bringing ideas and solutions to clients.
• Strong negotiation skills and knowledge of the reinsurance marketplace.
• Proficiency in Microsoft Office (Word, Excel, Outlook, and PowerPoint).
• Ability to build strong relationships with colleagues and markets.
• Highly organized with excellent time management skills.
• Ability to prioritize different tasks and workloads.
• Eligible to work in the UK.

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.