Assistant Captive Director, Benefits

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

Reporting to the Captive Director to retain, grow and manage one or more MSL Group Captives.

How you'll make an impact

• Manage the captive renewal process which includes the gathering, assembling and presentation of the updated client underwriting information.

• Sell the renewal to current insured and provide explanation for increases and decreases.

• Manage the preparation, planning and materials for regular captive Member meetings.

• Coordinate the loss summary information for distribution to the clients and the service providers.

• Respond to client needs and inquiries in a timely fashion.

• Work with Captive Director to follow up with prospects or referrals from our insureds/brokers.

• Ensure that collateral is in place for each member and make sure that members understands the new requirements each year as needed.

• Maintain various schedules as it relates to the company's premium payments, letters of credit, loss experience charges and claim payments.

• Manage the policy issuance and premium audit processes.

• Coordinate the policy errors and omissions review.

• Manage the premium invoicing process and monitor cash receivables.

• Review new business and renewal loss pick projections from carrier partners.

• Review loss summaries on new business and do initial conceptual for the Captive Director.

• Maintain the captive's template of coverage for medical stop loss.

• Maintain a positive and professional relationship with captive service providers, clients and their consultants.

• Anticipate client and program needs and problem and proactively offer solutions.

• Manage systems and account service to comply with corporate professional standards.

• Direct and monitor the performance of the captive team's service consultant.

• Work on special projects as required.

About You

• Bachelor's degree.

• 3 years relevant experience required, Industry experience highly desired

• Ability to obtain State of Illinois Producer license. Accident & Health.

• Experience in administration and servicing of client business.

• Understanding of insurance products and concepts.

• Good presentation skills.

• Ability to establish rapport and relationships.

• Superior written and oral communication skills.

• Good math and problem solving skills.

• Must be self-motivated, assertive, people oriented and have a high energy level.

• Good time management and organizational skills with ability to prioritize.

• Ability to work in environment with frequent interruptions and high volume of activity.

• Ability to manage, plan and direct the activities of the captive program.

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/dental/vision plans, which start from day one!

• Life and accident insurance

• 401(K) and Roth options

• Tax-advantaged accounts (HSA, FSA)

• Educational expense reimbursement

• Paid parental leave

Other benefits include:

• Digital mental health services (Talkspace)

• Flexible work hours (availability varies by office and job function)

• Training programs

• Gallagher Thrive program - elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing

• Charitable matching gift program

• And more...

We value inclusion and diversity

Click Here to review our U.S. Eligibility Requirements

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.

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.