Reinsurance Broking Analyst – REACH 2025
Please note: The REACH Program start date is July 2024. Early starts may occur based on business needs.
Are you ready to kick-start your career or transition into a stable industry that is committed to your professional growth? Look no further! Join us at Gallagher Re and fast-track your career as a Reinsurance Broking Analyst through our REACH Program.
This is a 24-month structured learning and development program that will equip upcoming and recent college graduates, as well as career changers, with the skills and knowledge needed to excel in the world of reinsurance broking and risk management. Through this opportunity, you will gain direct access to our esteemed Executive Team and an extensive network of supportive mentors, inspiring trainers, and talented colleagues. Get ready for an experience where guidance and collaboration pave the way to success. All hours spent in training are hours worked and are paid competitively. This is a full-time role with a hybrid work schedule. You will have in-office days and remote days determined by the location.
From natural catastrophes to cyber or political risks, you will play a pivotal role in protecting our clients' assets and helping them navigate complex risks with confidence. By immersing yourself in sophisticated analytics, you will provide invaluable insights, innovative risk transfer strategies, and operational expertise, enabling our clients to maintain strong financial positions to cover claims for their policyholders when disasters strike.
Every day presents new challenges, ensuring your work remains dynamic and engaging. As a program participant, you will:
- Collaborate with clients at all levels of their organization, assisting in the marketing, negotiation, placing, and servicing of client accounts
- Craft persuasive pitch documents and compelling presentations for both new and existing clients
- Analyze data in partnership with our actuarial, catastrophe modeling, and financial advisory teams, providing valuable insights
- Contribute to the structuring, placing, and servicing of reinsurance transactions
- Play a crucial role in working with contracts and supporting the finalization of reinsurance placements
In addition, you will participate in web-based and in-person seminars to expand your industry knowledge and work towards attaining your P&C (Property & Casualty) license within 12 months of your hire date and your ARe (Associate in Reinsurance) designation within 18 months of your hire date.
As your experience and expertise grow, you will play a meaningful role in helping clients navigate challenges and find coverage solutions that align with their budgets. Your expertise will be instrumental in supporting clients during unexpected losses, ensuring their businesses continue to thrive.
Minimum Requirements:
- Bachelor’s degree
- Proficiency in Microsoft Office applications (Word, Excel, Outlook, PowerPoint) to build, refine, and transmit documents seamlessly
- Strong technological proficiency enabling you to use various software for efficient task completion
- Exceptional written and verbal communication skills to effectively engage with clients and colleagues
- Flexibility to travel to our home office in Rolling Meadows, IL, five (5) different times for training. Rest assured, all travel expenses will be covered by Gallagher Re
Nice-to-Haves:
- Previous internship or work experience in a related field
- Knowledge of or curiosity about the reinsurance broking and risk management industry