Junior Broker
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.
OverviewThe Junior Broker is responsible for building and maintaining strong relationships with new and existing reinsurance clients. This role involves developing strategies and goals for account management, understanding client needs, and delivering tailored reinsurance solutions. The position requires a deep understanding of risks and the reinsurance market to identify and arrange optimal coverage and policies. The Junior Broker acts in the best interest of clients, offering products from multiple reinsurers to secure the best solutions.
How you'll make an impact- Build and maintain relationships with new and existing reinsurance clients.
- Develop strategies and goals for the growth and management of client accounts.
- Understand clients' businesses and reinsurance needs to provide tailored solutions.
- Apply knowledge of risks and the reinsurance market to arrange suitable coverage and policies.
- Act in the interest of clients by offering products from multiple reinsurers to secure optimal solutions.
- Identify revenue opportunities among new and existing clients by creating demand and awareness of the organization's products.
- Achieve revenue targets through client retention and acquisition of new business.
- Work independently with general supervision to achieve operational targets within the sub-function, directly impacting department results.
- Handle moderately complex or technical projects and assignments independently.
- Set objectives for own job area to meet project and assignment goals.
- Train new team members as needed.
- Recommend enhancements to systems and processes to solve problems or improve effectiveness.
- Solve general problems and issues by drawing from prior experiences and analysing the situation.
- Education: Typically requires a University Degree or equivalent experience.
- Experience: Minimum of 3 years of relevant experience in reinsurance or a related field.
- Skills and Proficiencies:
- Ability to work independently with general supervision.
- Strong problem-solving skills, with the ability to address function-related issues that are difficult but not overly complex.
- Knowledge of basic concepts and procedures within the reinsurance field.
- Ability to influence others within the function through explanation of facts, policies, and practices.
- Capability to adjust or recommend process enhancements to improve effectiveness.
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 [email protected] . 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.
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