Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team to engage clients, manage accounts, and develop parametric insurance solutions.
- Company: Gallagher Specialty is a leading insurance firm focused on innovative solutions in the London Market.
- Benefits: Enjoy 25+ days holiday, life insurance, health plans, and discounted gym memberships.
- Why this job: Be part of an evolving field with opportunities for growth and impactful work in climate advisory.
- Qualifications: Degree level education, strong Excel skills, and a passion for learning about emerging risks.
- Other info: Remote work options available; must be eligible to work in the UK.
The predicted salary is between 36000 - 60000 £ per year.
Our specialist insurance team in Gallagher Specialty are looking for a self-motivated individual to join the Climate Advisory and Parametric Division in London. Our desired candidate does not need to come specifically from a parametric background but should have experience in a London Market insurance broking role, with aspirations to build on their understanding of parametric solutions.
How you’ll make an impact
Parametric insurance is an evolving space, so we are seeking a candidate that can develop our offering, undertaking further roles and responsibilities, as we continue to grow. The successful candidate will fulfil a number of roles as part of the Division including:
- Client and market engagement
- Risk placement and account management
- Market broking (virtual and in-person)
- Client engagement
- The review and preparation of new and renewal market facing documents
- The review of new and renewal client facing documents
- Utilisation of internal and external underwriting placing systems
- General account management
- Utilisation of Gallagher’s Document Management System including the filing of insurance slips, emails and market sheet in preparation for audit control
About You
- Ideally educated to degree level
- Good working knowledge of Microsoft Excel
- Strong interpersonal skills and ability to communicate effectively at all levels within the organisation
- Passion for continual up-skilling and education in emerging risk
- Strong numerical skills and ability to solve complex problems
- Eligible to work in the UK
Compensation and benefits
On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:
- Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
- Defined contribution pension scheme, which Gallagher will also contribute to
- Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
- Income protection, we’ll cover up to 50% of your annual income, with options to top up
- Health cash plan or private medical insurance
- Other benefits include:
- Three fully paid volunteering days per year
- Employee Stock Purchase plan, offering company shares at a discount
- Share incentive plan, HMRC approved, tax effective, stock purchase plan
- Critical illness cover
- Discounted gym membership, with over 3,000 gyms nationally
- Season ticket loan
- Access to a discounted voucher portal to save money on your weekly shop or next big purchase
- Emergency back-up family care
- And many more…
Please note that if you are NOT a passport holder of the country for the vacancy you might need a work permit.
Parametric Broker employer: Gallagher
Contact Detail:
Gallagher Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Parametric Broker
✨Tip Number 1
Familiarise yourself with parametric insurance solutions. Even if you don't have a direct background in this area, showing a genuine interest and understanding of how these solutions work can set you apart from other candidates.
✨Tip Number 2
Network within the London Market insurance community. Attend industry events or webinars to connect with professionals in the field. This can help you gain insights and potentially lead to referrals for the position.
✨Tip Number 3
Brush up on your Microsoft Excel skills, as strong numerical abilities are essential for this role. Consider taking an online course or using tutorials to enhance your proficiency, which will demonstrate your commitment to continual learning.
✨Tip Number 4
Prepare to discuss your experience in client engagement and account management during interviews. Think of specific examples where you've successfully managed client relationships or placed risks, as this will showcase your relevant skills effectively.
We think you need these skills to ace Parametric Broker
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Parametric Broker. Familiarise yourself with parametric insurance and how it differs from traditional insurance to demonstrate your knowledge in your application.
Tailor Your CV: Highlight your experience in London Market insurance broking roles. Emphasise any relevant skills such as client engagement, risk placement, and account management. Make sure to showcase your strong interpersonal skills and numerical abilities.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for continual learning and your interest in emerging risks. Mention specific examples of how you've developed your skills in previous roles and how they relate to the position at Gallagher Specialty.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application shows attention to detail and professionalism, which are crucial in the insurance industry.
How to prepare for a job interview at Gallagher
✨Understand Parametric Insurance Basics
Even if you don't have a specific background in parametric insurance, it's crucial to familiarise yourself with the fundamentals. Research how parametric solutions work and be prepared to discuss their benefits and challenges during the interview.
✨Showcase Your London Market Experience
Highlight your previous roles in London Market insurance broking. Be ready to share specific examples of your client engagement and market broking experiences, as this will demonstrate your relevance to the position.
✨Demonstrate Strong Interpersonal Skills
Since the role involves significant client and market engagement, practice articulating your communication style. Prepare to discuss how you've successfully built relationships in past roles and how you can apply those skills in this new position.
✨Prepare for Problem-Solving Scenarios
Given the emphasis on numerical skills and complex problem-solving, think of examples where you've tackled challenging situations. Be ready to explain your thought process and the outcomes, showcasing your analytical abilities.
