Assistant Vice President, Reinsurance Broker

• Maintain strong client and reinsurer relationships and driving the production process for new business.
• Utilize developed knowledge to oversee the generation of new business from both new prospects and existing clients.
• Meet in-person with clients, client teams, and reinsurers to develop strong business relationships and ensure client retention in this highly competitive market.
• Work with the wider broking team, 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 appropriate markets from the US, London, Bermuda and around the world.
• Negotiate favorable quotes and prepares recommendations.
• Ensure company, market and client related documentation is issued (internally and externally) accurately and on time working in conjunction with the Junior Broker and Placement Support team.
• 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 clients.
• Meet with senior managers of client companies to present materials

 Required Minimum Position Qualifications: Bachelor’s degree in Enterprise Risk Management, Business Administration, Finance, or a related field of study, AND Two (2) Years of experience in the job offered or a related occupation in which the required experience was gained. Ability to work in office, Monday -Friday, 5 days weekly.

Position also requires demonstrated experience in the following:

• Treaty Reinsurance;
• Building of Reinsurance programs, understanding risk exposures, capital needs and pricing;
• Compliance and regulatory requirements, including Market security;
• Data analysis of different portfolio characteristics and link them to the most adequate reinsurance structure;
• Reinsurance structures and respective technical pricing, including burning cost considering frequency and severity losses; and
• Reinsurance clause

To apply: email resume to Careers at Gallagher, CareersatGallagher@ajg.com, OR submit a resume to https://www.employflorida.com/, OR submit a resume to https://jobs.ajg.com/ajg-home. Must reference Job Title & Job Code: 000460. EOE.

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. 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...

**The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.

We value inclusion and diversity

Click Hereto 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.