Vp/Svp/Evp, Reinsurance Program Broker

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

The Business

Investment, Risk and Reinsurance

Our sophisticated approach to risk helps clients free up capital. We work in close concert with investors, reinsurers, and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance.

How you'll make an impact

The Role

Gallagher Re is seeking ambitious, analytical broking talent with 5 or more years of experience in specialty insurance or consulting to work as a key member of our Program broking team. This is a client-facing role in a team environment that involves servicing existing accounts, as well as new business production and new product development for all lines of non-life coverage.

Essential duties and responsibilities include the following:

• Partner with the Production broking leads, actuaries and cat modelers to analyze insurance risks on a portfolio level in order to advise clients on reinsurance treaty structures to mitigate downside risk and improve capital efficiency.

• Negotiate and place reinsurance treaties utilizing markets from the US, London, Bermuda and around the world.

• Facilitate underwriting and claims audits of insurance clients.

• Ensure company, market and client related documentation is issued (internally and externally) accurately and on time.

• Comply with external and internal regulatory and statutory policies, procedures and regulations.

• Coordinate internal resources, such as analytics, contracts and client services to provide solutions to client(s).

• Meet with senior managers of client companies to present materials and strategies.

• Act as liaison between Insurers and Reinsurers to handle day to day administration of client accounts; responsible for daily coordination of service and support to assigned accounts

• Be a Thought Leader- conduct research on industry topics and develop content to be shared with Clients and Prospects.

Supervisory responsibilities:

While this job does not have an official supervisory role, the incumbent will assist in the training and development of early career talent.

About You

Required:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience:

Bachelor's degree (B. A.) from four-year College or university. 5+ years of work experience, preferably in Property and Casualty insurance, specialty reinsurance or consulting.

• Prior reinsurance experience preferred but not required.

• Experience giving presentations to clients and internal groups.

• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.

• Proven client relationship management experience with C-Suite

• Proficiency with mathematical concepts such as probability and statistical inference

• Ability to apply fractions, percentages, ratios, percentiles and proportions to practical situations.

#LI-CM1

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.