At a Glance
- Tasks: Lead negotiations and develop strategies for Real Estate placements while building strong insurer relationships.
- Company: Gallagher, a forward-thinking company focused on risk management and client success.
- Benefits: Competitive pay, comprehensive benefits, career development, and a supportive culture.
- Other info: Join a collaborative team with opportunities for flexible working arrangements.
- Why this job: Make a real impact in the Real Estate sector while growing your career in a dynamic environment.
- Qualifications: Experience in broking or underwriting Real Estate risks and strong negotiation skills.
The predicted salary is between 56700 - 69300 £ per year.
At Gallagher, we help clients face risk with confidence because we believe that when businesses are protected, they’re free to grow, lead, and innovate. You’ll be backed by our digital ecosystem: a client-centric suite of consulting tools making it easier for you to meet your clients where they want to be met. Advanced data and analytics providing a comprehensive overview of the risk landscape is at your fingertips. Here, you’re not just improving clients' risk profiles, you’re building trust. You’ll find a culture grounded in teamwork, guided by integrity, and fueled by a shared commitment to do the right thing. We value curiosity, celebrate new ideas, and empower you to take ownership of your career while making a meaningful impact for the businesses we serve.
Gallagher is currently recruiting for a Broker Placement Manager to join our Real Estate division. In this role, you will be responsible for implementing Gallagher’s placement strategy across new and existing Real Estate business. Your main focus will be building strong relationships with underwriters and carriers, enabling you to negotiate competitive and sustainable terms for our clients.
As part of our Real Estate Broking team, you will play a crucial role in supporting the wider business, developing effective placement strategies and ensuring strong market relationships are established and maintained. This role is predominantly based out of our London office, with occasional travel needed to any of the following locations: Bournemouth, Chichester, Woking, or Birmingham.
How you'll make an impact:
- Advise on and coordinate broking strategies with Account Handlers, Account Executives and Client Directors, leading negotiations with insurers to secure placement solutions that enable us to win and retain Real Estate clients.
- Work closely with new business producers to position prospective opportunities effectively with insurers and improve our success rate through considered and tactical market engagement.
- Develop placement strategies for a range of Real Estate risks, including commercial property owners, residential property owners, managing agents, developers, investors and other property-related businesses.
- Work with and support the Broking Director in establishing and developing insurer relationships, while evaluating carrier appetite, performance, service delivery and overall proposition.
- Engage with insurers to manage identified pipeline opportunities and ensure they have a clear understanding of our Real Estate growth strategy and target business.
- Maintain a strong understanding of insurer appetite, capacity, coverage developments and emerging market trends across the Real Estate sector.
- Build a network of internal and external contacts through effective relationship management.
- Act as a conduit for market feedback, providing the Real Estate business with relevant insight on insurer appetite, pricing, capacity, coverage and service.
- Support the management and escalation of insurer service issues where necessary, reporting through to the Broking Director.
- Work collaboratively with colleagues across Real Estate, Claims, Risk Management, Construction and other specialist areas to deliver effective client solutions.
- Support the development of alternative placement structures where appropriate, including layered and co-insured programmes, excess layers, portfolio placements and other bespoke market solutions.
- Represent the placement team at internal, insurer and client meetings, increasing the team’s visibility and demonstrating the value of a coordinated placement strategy.
- Travel as required to support the Real Estate business and maintain strong relationships with colleagues, insurers and clients.
About You:
- Previous experience as a Placement Broker or Real Estate Broker is desirable.
- Experience of placing or underwriting Real Estate and Property Owners risks, including an understanding of material damage, business interruption, property owners’ liability and associated covers.
- An understanding of complex property portfolios and the key underwriting considerations relevant to commercial and residential Real Estate risks.
- Experience of casualty, terrorism, legal indemnities, engineering, environmental or construction-related risks would be beneficial but is not essential.
- Experience of layered, co-insured or complex placement structures would be advantageous.
- We are also happy to consider an Account Handler, Account Broker, Account Executive or Underwriter with relevant Real Estate experience and a strong interest in developing a placement-focused career.
- Strong negotiation and relationship-management skills, with the confidence to engage effectively with insurers, colleagues and senior stakeholders.
- Commercially aware, with the ability to understand insurer appetite and align placement strategies with client requirements.
- Holding or working towards a Chartered Insurance Institute qualification, such as Cert CII or Dip CII, is desirable.
- Experience of working to targets within a regulated and measurable framework and achieving agreed service levels.
- Risk-aware when handling client and business information, with the ability to recognise potential issues and seek advice when required.
- Highly accurate, with strong attention to detail and the ability to manage multiple placements and priorities.
Eligible to work in the UK.
At Gallagher, we believe supporting our colleagues goes far beyond the role itself. For more information, visit our Benefits page. Competitive compensation, comprehensive benefits programs designed to support your well-being, career development opportunities and ongoing learning, a collaborative, people-first culture with accessible leadership, and the opportunity to do meaningful work with global reach and local impact.
At Gallagher, we are dedicated to building an inclusive and authentic workplace. If your past experience doesn’t align perfectly, we encourage you to join our Talent Community to stay connected to additional career opportunities. Although this role is listed as full-time, if you’re in a job-share partnership, work reduced hours, or have any other flexible arrangement, please still get in touch. We will also offer reasonable adjustments to the recruitment process if required, so please let us know.
Gallagher is an affirmative action/equal opportunity employer (Minorities/Females/Veterans/Disabled).
Broker Placement Manager – Real Estate employer: Arthur J. Gallagher & Co.
At Gallagher Benefit Services, we pride ourselves on being an exceptional employer that champions a collaborative and people-first culture. As a Business Development Director in our Change & Transformation practice, you'll enjoy competitive compensation, comprehensive benefits, and ample opportunities for career development while making a meaningful impact on businesses and their employees. Join us in a dynamic environment where your ideas are valued, and you can thrive alongside a community of trusted experts and bold explorers.
StudySmarter Expert Advice🤫
We think this is how you could land Broker Placement Manager – Real Estate
✨Join Insurance Networks
Dive into local insurance networks or associations. Events like the British Insurance Brokers' Association conferences are goldmines for meeting industry professionals and could lead to placements like the one at Arthur J. Gallagher & Co.. Don't shy away from introducing yourself and chatting about your interest in the field!
✨Leverage University Career Services
Your university's career services are a fantastic resource for securing a placement. They often have connections with companies, including those in the insurance sector like Arthur J. Gallagher & Co.. Make sure you’re utilising their workshops and career fairs to make yourself visible to potential employers.
✨Get Hands-On with Work Experience
Seek out any additional work experience opportunities, even if they’re short-term. Roles like customer service in an insurance office can give you a foot in the door and useful insights. Plus, it shows future employers, like Arthur J. Gallagher & Co., that you’re proactive and eager to learn!
✨Follow Industry Trends
Stay updated on the latest trends and news in the insurance industry. Engaging with content on platforms like LinkedIn will help you join relevant discussions and showcase your knowledge. This could help you stand out when applying for placements at places like Arthur J. Gallagher & Co.!
We think you need these skills to ace Broker Placement Manager – Real Estate
Some tips for your application 🫡
Highlight Your Analytical Skills:In the insurance industry, strong analytical skills are crucial. Make sure to showcase any relevant coursework or projects that demonstrate your ability to evaluate risk and data. This could be stats, financial modelling, or even case studies that you've tackled during your studies.
Show You're Customer-Focused:Insurance is all about helping customers manage risks and navigate their options. In your cover letter, include specific examples of how you've provided excellent customer service or solved problems for clients in any capacity, be it during part-time jobs or volunteer work.
Tailor Your CV for the Sector:When crafting your CV, make sure you're using language and terminology that's familiar in the insurance field. Highlight any relevant insurance legislation or software skills you have, and mention any internships or courses that specifically relate to insurance. This is your chance to show you know what's what in the industry.
Express Your Eagerness to Learn:As this is a placement, companies will be looking for your motivation to learn and grow within the industry. In your application, don’t hold back! Let us know what you’re keen to learn and how you believe this opportunity at Arthur J. Gallagher & Co. can kickstart your career in insurance.
How to prepare for a job interview at Arthur J. Gallagher & Co.
✨Brush Up on Industry Knowledge
Since we're diving into the insurance sector, it’s crucial to brush up on industry trends and key players. Familiarise yourself with terms like underwriting, risk assessment, and claims management to show your solid understanding in the placement interview with Arthur J. Gallagher & Co..
✨Bring Your Analytical Skills to the Fore
Be prepared to discuss how you approach problem-solving and risk analysis. You might face case study questions that assess your ability to interpret data and make decisions based on it, which is key in the insurance field.
✨Show Your Eagerness to Learn
As this is a placement, your enthusiasm to learn and grow is paramount. Think about how you can convey your motivation to absorb knowledge quickly and how you can contribute to the team at Arthur J. Gallagher & Co. while you’re learning.
✨Glam Up Your CV and Work Experience
Tailor your CV to highlight any relevant coursework, projects, or part-time roles that relate to insurance. If you’ve used any specific tools—like actuarial software or data analysis programmes—make sure to mention those. That'll catch their eye!
