Strategic Business Development Analyst

Gallagher; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading global community is seeking a Strategic Business Development Analyst in London to drive business growth through strategic initiatives and acquisitions. The role involves critical thinking, relationship building, and comprehensive communication with stakeholders. Ideal candidates are self-starters with a keen interest in the insurance and financial sectors, ready to tackle diverse tasks and contribute significantly to the organization’s goals.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance up to 10x annual salary

Health cash plan or Private medical insurance

Employee Stock Purchase plan

Discounted gym membership

Qualifications

• The candidate should be a self-starter and comfortable with ambiguity.
• Proficiency in building relationships with new individuals is essential.
• Possessing a small ego and readiness to take on diverse tasks is a must.

Responsibilities

• Assist in sourcing and pipelining M&A opportunities.
• Support innovation projects and prepare presentations for executives.
• Conduct market research and contribute to various strategy tasks.

Skills

Critical thinking

Relationship building

Strong communication skills

Prioritization

Numeracy

Education

Interest in insurance and financial sector qualifications such as ACII and CFA

Job description

Introduction

Gallagher isn't just a company; it's a global community driven by shared values and an unyielding commitment to excellence. With over 52,000 passionate professionals, we are the architects of the future, designing customized solutions to protect businesses and fuel their extraordinary growth. As a member of our team, you'll experience empowerment, creativity, and the exhilarating journey of making a real difference in the lives of our clients. Join us and become part of a story that transforms aspirations into reality.

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

Pen Underwriting are looking for a Strategic Business Development Analyst to help drive the growth of the business. This role primarily focuses on driving both inorganic growth and strategy, with a 50% emphasis on each. The main responsibilities include increasing the growth of Pen Underwriting through acquisitions, strategic hires, innovation and effectively communicating the Pen narrative to key stakeholders both internally and externally. Day to Day tasks include:

• M&A: Assisting with sourcing and pipelining M&A opportunities, and working on due diligence and ad-hoc requests for live opportunities to facilitate smooth transaction process
• Strategy: Researching, preparing, and presenting to Pen’s executive team on the company’s strategy and market landscape
• Innovation: Assisting with innovation projects to enhance Pen’s product suite, new product, technology, geography etc. This may involve extensive research, preparing and analysing business cases for live opportunities, with the goal of driving Pen profitably towards our £1.75bn GWP target by 2030. This will also involve maintaining an interest in industry news, technology, and the overall insurance value chain
• Ad-Hoc Projects: Supporting the division and Pen executive team with a broad variety of tasks, from information gathering and market research, to strategy and thought leadership, through to internal / external presentations. No 2 days are the same!

How you'll make an impact

Job Responsibilities:

• Critical thinking is crucial, and the ability to think from first principles will be tested during the recruitment process.
• Relationship building and being a self-starter are important qualities. The candidate should be willing to proactively build relationships with individuals they have never met before
• The candidate should be comfortable working in ambiguous situations and be able to get things done despite significant uncertainty.
• Strong written and verbal communication skills are essential. The candidate should be able to effectively communicate with senior stakeholders and build rapport.
• The ability to prioritize and clearly communicate priorities is important, as the candidate will be managing multiple projects and live deals for senior stakeholders, often with tight deadlines.
• The candidate should have a genuine interest and enthusiasm for the insurance and financial sector and be willing to enhance their knowledge through qualifications such as the ACII and CFA.
• Having a small ego and being willing to take on any task, no matter how menial, is a must.
• The candidate should be highly numerate

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.