SVP, Benefits

Gallagher•Rolling Meadows, IL

8d•Hybrid

About The Position

Artex is a global leader in the alternative risk space and the 3rd largest Insurance Manager in the world, with 1,000 employees across the globe and 5000 clients. Our employees work together to conceive, design, and manage alternative risk transfer solutions that help our clients manage today’s challenges and tomorrow’s opportunities. The Senior Vice President (SVP), Benefits will lead the development and execution of the Benefits group captive strategy, driving growth, operational excellence, and client satisfaction across the benefits portfolio. This role will focus on strategic initiatives, including client servicing, operational improvements, technology investments, and cross-functional collaboration. The SVP will work closely with the Artex North America sales team to define and implement a clear growth strategy, prioritize initiatives, and align efforts across teams. The SVP will identify cross-selling opportunities within the Artex NA P&C portfolio and the broader Gallagher organization, with a focus on relationship management within Gallagher Benefit Services (GBS). This leader will actively engage with brokers, carriers, vendors, and potential captive owners to expand market presence and capitalize on competitive opportunities. Additionally, the SVP will explore merger and acquisition opportunities to maximize revenue streams and enhance the benefits value proposition.

Requirements

Bachelor's degree
Minimum of 7 years of Health & Benefits or related experience
Significant Medical Stop Loss, Self-Funding, or Benefits Consulting industry experience and insurance designations are required
Technical stop loss and captive sales experience
Proven experience in benefits strategy, captive management, or related fields.
Strong track record of driving revenue growth and operational improvements.
Expertise in client relationship management and cross-functional collaboration.
Demonstrated ability to lead and inspire high-performing teams.
Knowledge of insurance regulations
Understanding of plan design and terminology
Exceptional interpersonal and communication skills, both verbal and written
Thorough knowledge of MS Office Tools (Excel, PowerPoint)

Nice To Haves

Medical Stop Loss Captive experience desirable.
Experience with mergers and acquisitions is a plus.

Responsibilities

Develop and execute the Benefits group captive strategy to drive growth and operational excellence.
Identify and capitalize on cross-selling opportunities within Artex NA and Gallagher Benefit Services.
Lead the development and growth of new benefits and ancillary products.
Pursue merger and acquisition opportunities to expand the benefits portfolio.
Serve as the executive lead on captive accounts, ensuring exceptional client service and retention.
Provide strategic guidance to client service teams to meet client needs and exceed expectations.
Enhance client relationships through stewardship efforts and value-driven solutions.
Oversee the Benefits P&L, ensuring financial performance and margin improvement.
Manage relationships with stop-loss carriers, consultants, and vendor partners.
Lead captive renewal strategies, including negotiation and retention efforts.
Coordinate benefits population health risk management initiatives.
Build, mentor, and retain top talent within the Benefits team.
Foster a culture of collaboration, innovation, and accountability.
Provide mentorship and guidance to team members to support professional growth.

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