Associate Broker

Gallagher•Lexington, KY

70d

About The Position

The Associate Broker will support the brokerage team in placing complex and specialized insurance risks for clients. This role involves working closely with brokers, underwriters, and clients to ensure the delivery of tailored insurance solutions. The Associate Broker will assist in managing accounts, preparing submissions, and negotiating terms with carriers while developing expertise in the specialty insurance market.

Requirements

Bachelor's degree and 3 years related experience or High School Diploma/GED and 8 years related experience required.
License required.

Responsibilities

Account Management: Assist brokers in managing client accounts, including renewals, endorsements, and new business.
Prepare and review insurance submissions for accuracy and completeness.
Maintain strong relationships with clients, carriers, and internal teams.
Market Placement: Collaborate with brokers to identify appropriate markets and negotiate terms with carriers.
Analyze coverage options and pricing to recommend the best solutions for clients.
Monitor market trends and carrier appetites to identify opportunities for growth.
Documentation and Compliance: Ensure all documentation, including proposals, binders, and policies, is accurate and compliant with company and regulatory standards.
Maintain up-to-date records in the agency management system.
Client Support: Respond to client inquiries and provide exceptional service to address their insurance needs.
Assist in resolving coverage or claims issues in collaboration with brokers and carriers.
Professional Development: Stay informed about industry trends, market conditions, and regulatory changes.
Participate in training programs to enhance knowledge of specialty insurance products and markets.

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