Gallagher · 1 day ago
Carrier Management Specialist
Rolling Meadows, IL
Full-time
Hybrid
Entry, Mid Level
2+ years expGallagher is a company dedicated to helping clients manage risk effectively, fostering a culture of teamwork and integrity. The Carrier Management Specialist will oversee complex insurance carrier contracts, lead integration initiatives, and drive process improvements while ensuring compliance and maximizing relationships for agency profitability.
ConsultingFinancial ServicesInsuranceManagement ConsultingRisk Management
Responsibilities
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, and other compensation arrangements—to identify key terms and contract structures
Process amendments or new carrier agreements as needed
Track integration progress for each assigned carrier. Escalate issues if needed
Develop, implement, and continuously improve standard operating procedures for contract management across multiple entities, locations, and lines of business
Lead integration projects for assigned carriers, including strategic planning, business alignment, and process optimization
Exercise independent judgment in resolving complex contracting issues, escalating matters as needed, and recommending solutions to leadership
Evaluate and manage contingency based supplemental compensation agreements including eligibility requirements, lock in parameters and requirements and stop loss terms
Advise management on contract-related risks, opportunities, and compliance requirements
Maintain accurate contracting data, carrier contact lists, agency codes, and contract databases for assigned carriers
Ensure compliance with carrier, state, and federal regulations in all contracting activities
Foster strong collaboration with Market Relations, S&C Analysts, and Regional teams to support shared goals and initiatives
Leverage appropriate communication channels to strengthen carrier relationships and achieve operational objectives
Supports development of new and downline staff as needed
Qualification
Required
Post-secondary degree or equivalent combination of education and experience
Minimum 2-3 years of experience in the insurance industry, with demonstrated expertise in contract management, negotiation, and regulatory compliance
Proven ability to exercise discretion and independent judgment in matters of significance
Strong working knowledge of insurance markets and carrier operations
Advanced analytical, project management, and communication skills
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
Company
Gallagher
Gallagher is an international insurance brokerage and risk management services firm.
10001+ employees
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