Reinsurance Placement Support Graduate Ipswich 2023

Gallagher Re is looking for Graduate Placement Support to join our REACH Programme in our Ipswich office. As Graduate Placement Support, you will have daily interaction with other colleagues in Ipswich, London, Mumbai and other regional offices, as well as with our clients and reinsurers. Travel to London may be required at times.

Your opportunity

As part of a fast-evolving, global industry, Gallagher Re provides a multitude of exciting career opportunities for skilled and driven individuals. Sponsored by the Gallagher Re Executive team, our two-year foundational learning programme - the REinsurance ACHievment Programme (REACH) – will provide everything you need to know about reinsurance and for career success. This program is unique in the industry and is set up to contend with the best training programs available across the financial services.

This foundational programme is part of Gallagher Re’s elite Learning Academy, which supports career development for all our colleagues, from graduates through to senior leaders.

Your role

• Gain knowledge of the client’s business and their reinsurance programmes, continually working with the placing team to fully recognise any client requirements
• Participate in renewal planning, anticipating and preventing possible issues before they occur
• Manage and coordinate workflow around seasonal renewals for assigned accounts
• Strive to improve the overall client relationship - supervising the delivery of reliable, high-quality and timely billing and administrative support
• Coordinate adherence to CEM requirements and controls in dealing with our clients, the market and third parties.
• Undertake travel as required to clients, reinsurers and/or other Gallagher Re offices and attend relevant meetings
• Technical knowledge of Reinsurance business, Compliance Policy and servicing functions crucial for area of responsibility
• Build and maintain strong working relationships with Brokers & Account Executives
• Act as the primary point of contact to Brokers, supervising all support matters
• Evaluate market security information on reinsurers, checking compliance and financial positions
• Create / Update marketing sheets for Broking Team
• Produce data, statistics, and information packs in support of the placement of a client’s reinsurance programme
• Liaise with Compliance / Sanctions Team on sanctions checks where touch points exist
• Effectively connect with various collaborators, both internal and external
• Support creation of slips / endorsements
• Checking files to ensure all information is present and accurate
• Ensure contract records are accurately maintained within transactional broking system
• Generate and issue evidence of cover, debit notes and closing instructions
• Evaluate and interrogate reinsurance contracts to facilitate billing within agreed timescales
• Regular contact with colleagues on technical support/contracts
• Handle and resolve queries from clients and reinsurers
• Produce contractual documentation to a high level and within timescales
• Maintain files in an orderly manner electronically, ensuring these are within CEM guidelines
• Works proactively with peer group and team members to share knowledge to achieve the best results for the clients

Your skills, experience & qualifications

• Minimum 2:1 degree
• CII qualifications or studying towards would be beneficial
• Reinsurance or Industry knowledge would be advantageous but not vital
• Intermediate IT skills (Microsoft Office)
• Good communication skills (Written and Verbal)
• Attention to detail
• Ability to organise and prioritise
• Ability to work in a team and autonomously; and general willingness to learn and grow
• Ability to build strong working relationships with both clients and brokers
• Good time management skills
• Eligible to work in the UK

What we offer you

We want Gallagher to be the organisation that all our people are proud to be a part of and where everyone can call themselves one of our team. Where our culture is embracing of difference, where you can be the best and, perhaps most importantly, be yourself.

We are all different in some way. If we were all the same, and all thought the same, we would be vulnerable as a group. By welcoming and encouraging diverse opinions and backgrounds within our organisation, we will have a healthier, more innovative and ultimately more profitable business.

About us

Gallagher is a global leader in insurance, risk management and consulting services. We help businesses grow, communities thrive and people prosper. We live a culture motivated by The Gallagher Way, our set of shared values and guiding tenets. A culture driven by our people, over 30,000 strong, serving our clients with customized solutions that will protect them and fuel their futures.

As a member of our global brokerage team, you’ll help our clients address risk, protect assets and recover from losses.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. Gallagher is committed to diversity of opportunity for all and is opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.