Gallagher · 2 weeks ago
Sr. Carrier Management Specialist
Rolling Meadows, IL
Full-time
Onsite
Senior Level
$56K/yr - $110K/yr
5+ years expGallagher is a company dedicated to helping clients manage risk with confidence. The Senior Carrier Management Specialist is responsible for managing insurance carrier contracts and supporting the onboarding and integration of acquired businesses, ensuring proper contracting and maintaining strong carrier relationships.
ConsultingFinancial ServicesInsuranceManagement ConsultingRisk Management
Responsibilities
Provide full support for M&A activities by integrating the acquired business in the most efficient and profitable way with assigned markets
Assist with carrier notification process
Complete business transfer documents and other necessary paperwork to ensure smooth business transition
Review acquired agency codes for assigned carriers to determine proper business alignment and business optimization
Review all carrier agreements related to acquired business—including agency agreements, profit sharing, contingency, GSC, and other compensation arrangements—to identify key terms and contract structures, with the goal of informing contract execution and negotiation strategies
Process amendments or new carrier agreements as needed
Track integration progress for each assigned carrier. Escalate issues if needed
Work with Market Relations Team and Finance to assist in allocating and reconciling annual contingency and profit-sharing payments from carriers
Participate in strategic planning initiatives to enhance carrier relationships and optimize revenue opportunities
Manage and maintain all carrier contracts across multiple entities, locations and lines of business for assigned markets
Collaborate with internal stakeholders and insurance carriers to ensure timely and accurate contracting and appointments
Manage the full contract lifecycle—including initiating requests, reviewing terms, negotiating as needed, executing agreements, and ensuring proper documentation and contract retention
Review and analyze contracts to identify business terms and contract structure. This includes but is not limited to agency contracts, profit share agreements and any other additional compensation agreements
Maintain carrier contact list for assigned carriers
Maintain agency codes for assigned carriers
Maintain carrier agreements database for assigned carriers
Serve as a liaison between the agency and carriers for escalated contracting issues or inquiries
Identify and utilize the most effective communication channels with carrier partners to support business goals and drive desired outcomes
Foster strong collaboration with Market Relations, Relationship Managers, S&C Analysts, and Regional teams to support shared goals and initiatives
May include training, assigning tasks, and monitoring workflow(s) within the contracting team. Supports performance management and development of new and under-staff as needed
Qualification
Required
Bachelor's degree and 5 years related experience required
Strong knowledge of the insurance brokerage business
Preferred
Post-secondary degree or equivalent combination of education and experience
Minimum 4-5 years of experience in the insurance industry
Extensive knowledge of insurance markets and carrier operations
Comprehensive understanding of carrier communication protocols and end-to-end contracting processes
Benefits
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
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...
Company
Gallagher
Gallagher is an international insurance brokerage and risk management services firm.
10001+ employees
H1B Sponsorship
Gallagher has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (58)
2024 (31)
2023 (32)
2022 (45)
2021 (36)
2020 (15)
Funding
Current Stage
Public CompanyTotal Funding
$9.7B2024-12-09Post Ipo Equity· $8.5B
2023-06-22Post Ipo Debt· $1.2B
1984-06-29IPO
Leadership Team
Alec Herring
Area Senior Vice President
Mark Gresser
Executive Vice President
Recent News
Life Insurance International
2026-01-07
2025-12-04
2025-11-19
Company data provided by crunchbase