Research Analyst

at  Gallagher

About Us:
Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher’s global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you’ll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we’ll build a legacy of trust and triumph in the dynamic world of risk management.
We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.
Overview:
Gallagher Specialty is currently seeking a Research Analyst to join our team. In this role, you will have the opportunity to work across six different business areas, conducting research, analyzing data, and compiling information on the insurance market. You will collaborate with various teams to develop strategies and predictions for market changes in the next 0 - 3 years. If you have a passion for data and a desire to contribute to the business, this could be the perfect opportunity for you. Apply today and take the next step in your career with Gallagher Specialty.

Responsibilities:

• Research, analyse and collate information and intelligence on the insurance market including; analysis on environmental, social, political and financial risks that can affect insurance buying habits and/or future market fluctuations.
• Research must include local/industry press, Lloyd’s data, third party research platforms, insurer and broker feedback on market fluctuations and regulatory/governmental changes.
• Use information gained to predict and prepare teams by developing a proposition on how best to react to market changes in the next 0 - 3 years.
• Be on the front foot and proactive in spotting opportunities, by being aware of key insurance industry topics, themes and trends, which would link to our own strategies for new business and work with the team to calculate income opportunities.
• Responsible for comparing data with market reports and Gallagher data by identifying gaps to explore. Evaluation how Gallagher is operating in each industry/ territory.
• Work closely with the market management team to understand how insurer appetite aligns with market trends and how Gallagher is operating.
• Assist in the development and implementation of sales strategies to attract new clients and retain existing ones.
• Manage external relationships with third party research houses or data platforms.
• Develop and maintain business risk/insurance/market/legal/regulatory and other technical knowledge.
• Ensure necessary business, compliance, data and legal standards and sign-offs are understood and adhered to.

Qualifications:

• 3 years’ financial services experience
• Insurance knowledge across multiple product classes and specialisms is desirable.
• Strategy, planning, sales and execution skills
• Proficiency in using research tools, databases, and software for data analysis.

• Experienced in using advanced data analysis tools and techniques to extract insights from complex datasetsMS office and Salesforce proficiency including excellent excel skills.

• Additional Information:
  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’ 5 more 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

• Research, analyse and collate information and intelligence on the insurance market including; analysis on environmental, social, political and financial risks that can affect insurance buying habits and/or future market fluctuations.
• Research must include local/industry press, Lloyd’s data, third party research platforms, insurer and broker feedback on market fluctuations and regulatory/governmental changes.
• Use information gained to predict and prepare teams by developing a proposition on how best to react to market changes in the next 0 - 3 years.
• Be on the front foot and proactive in spotting opportunities, by being aware of key insurance industry topics, themes and trends, which would link to our own strategies for new business and work with the team to calculate income opportunities.
• Responsible for comparing data with market reports and Gallagher data by identifying gaps to explore. Evaluation how Gallagher is operating in each industry/ territory.
• Work closely with the market management team to understand how insurer appetite aligns with market trends and how Gallagher is operating.
• Assist in the development and implementation of sales strategies to attract new clients and retain existing ones.
• Manage external relationships with third party research houses or data platforms.
• Develop and maintain business risk/insurance/market/legal/regulatory and other technical knowledge.
• Ensure necessary business, compliance, data and legal standards and sign-offs are understood and adhered to