EVP, Broker Lead- Reinsurance

Company: Arthur J. Gallagher & Co. (AJG)
Location: Boston
Posted on: November 6, 2024

Job Description:

IntroductionJoin 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.OverviewGallagher Re is one of the world's leading reinsurance advisory and broking firms. We bring together sophisticated analytics capabilities, risk transfer and transactional expertise to provide advice and counsel to our clients. We help our clients interpret data to guide their decisions surrounding the management of their risk portfolio.How you'll make an impactThe RoleWe are seeking an industrious Leader with a successful background in Treaty Reinsurance to lead efforts within the branch related to structuring, placement and product development in Boston. This is a client-facing role in a setting that involves multi-stakeholder collaboration to drive new business production and product development, while ensuring the retention of existing client accounts while driving the performance of the local team.In this role you will:

• Collaborate across all specialties within broking, and involve our actuarial, catastrophe and financial modeling partners to analyze insurance risks on a portfolio level.
• Counsel C-Suite clients on reinsurance treaty structures to mitigate downside risk and improve capital efficiency.
• Develop, negotiate and place reinsurance treaties using markets from the US, London, Bermuda and around the world.
• Coordinate and attend underwriting and claims audits of insurance clients.
• Ensure company, market and client-related documents are issued accurately and on time.
• Align 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).
• Develop and enhance relationships with senior executives of client companies to present materials.
• Be an inspiring leader- conduct research on industry topics and develop content to be shared with Clients and Prospects, published in journals and/or presented at conferences and tradeshows.
• Influence and lead the development of the early and mid-career talent within the Branch.About YouRequirements:
  • Bachelor's degree from a four-year College or University
  • 10 or more years of work experience within an Re/Insurance Brokerage or Underwriting environment
  • Adept at giving presentations to C-Suite ExecutivesDesired Skills:
    • Strengths in practical problem-solving and possess the desire to innovate in a multi-disciplined, collaborative culture
    • Proficiency with MS Excel, Power BI, or other analytics tools
    • Proven command of mathematical concepts such as probability and statistical inference
    • ARe designation preferredCompensation and benefitsOn 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 leaveOther 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 to review our U.S. Eligibility RequirementsInclusion 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.
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Keywords: Arthur J. Gallagher & Co. (AJG), Newton , EVP, Broker Lead- Reinsurance, Sales , Boston, Massachusetts