Gallagher Re · 3 months ago
Carrier Management Specialist
United States
Full-time
Remote
Entry, Mid Level
$58K/yr - $112K/yr
2+ years expGallagher is a company that helps clients face risk with confidence, providing a digital ecosystem that enhances client interactions. The Carrier Management Specialist will manage insurance carrier contracts and support onboarding during mergers and acquisitions, ensuring the agency is properly contracted and optimizing carrier relationships.
ConsultingInsuranceRisk 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
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
Collaborate with internal stakeholders and insurance carriers to ensure timely and accurate contracting and appointments
Leverage appropriate communication channels to strengthen carrier relationships and achieve operational objectives
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 development of new and under-staff as needed
Qualification
Required
Bachelor's degree and 2 years related experience required
Post-secondary degree or equivalent combination of education and experience
Minimum 2-3 years of experience in the insurance industry
Strong working knowledge of insurance markets and carrier operations
General understanding of carrier communications and contracting processes
Technical Proficiency: Proficient in Microsoft Excel, Word, Outlook, and database systems
Analytical Thinking: Synthesizes complex information and uses data to inform decisions
Project Management: Manages multiple priorities and meets deadlines
Communication: Strong written and verbal communication skills; able to interact effectively with internal teams, clients, and carriers
Problem Solving: Identifies issues and implements effective solutions
Teamwork: Collaborates well with others and supports team success
Adaptability: Thrives in a fast-paced, changing environment
Ethics & Integrity: Maintains confidentiality and upholds organizational values
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 Re
Gallagher Re provides Reinsurance, Risk Management, and Consultancy services. It is a sub-organization of Gallagher.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Edson Wiggers
CEO, Latin America & The Caribbean
Jim Bradshaw
Chief Executive Officer Gallagher Re North America
Recent News
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