Arthur J. Gallagher & Co., one of the world's largest insurance brokers, provides a full range of retail and wholesale property/casualty (P/C) brokerage and alternative risk transfer services globally, as well as employee benefit brokerage, consulting, and actuarial services in the United States. We also offer claims and information management, risk control consulting, and appraisal services to clients around the world.
consistently stands out in a competitive marketplace as an employer of knowledgeable, highly skilled and competitive talent. We are a company that touches businesses and their employees on a personal level. At the core, our job is to help protect the health and well-being of employees and their families and provide for their financial security l while allowing employers to attract and retain the people they need to grow and succeed. As you consider the value of working for Gallagher Benefit Services, remember your talent, winning attitude and strong performance will be highly valued and will maximize your future potential.
The Institutional Investment & Fiduciary Services practice of Arthur J. Gallagher & Co., Gallagher Fiduciary Advisors, LLC (Gallagher) has approximately 50 employees with primary offices in Washington, DC; Newark, NJ; and Pittsburgh, PA. Gallagher delivers independent, conflict-free investment advisory and fiduciary services that includes discretionary investment decision making across whole portfolios, and acting as an independent fiduciary for particular assets to cure ERISA conflicts of interest and prohibited transactions. Clients include ERISA single and multi-employer benefit funds, nonprofit, healthcare, corporate, religious, public pension and other benefit funds, foundations, endowments and union treasury funds. Client assets under advisement total approximately $58.1 billion, and Gallagher also acts in an independent fiduciary capacity over approximately $1.9 billion of assets (as of 06/30/17). To learn more, visit www.ajg.com/institutionalinvestment to maximize your future potential.
Position Summary The Investment Consultant Area Vice President is responsible for the day-to-day account management of largest and most complex client accounts. The Area Vice President performs the role of co-consultant providing a high level of service on assigned accounts. Responsibilities also include assisting in the development and successful acquisition of new business revenue from new and existing clients.
Essential Duties and Responsibilities: - Builds, expands, and solidifies relationships with existing clients at all levels within the company.
- Leads appropriate resources to address the client's risk/capital management needs.
- Secures existing business and drives the sale of additional services and coverage levels.
- Cultivates relationships with most senior buyer in the client organization as well as with day-to-day client representatives and buyers.
- Prepares and negotiates fee-based pricing of services, ensuring account profitability in a value-based approach for the scope of service and costs associated with the client service agreement.
- Has retention goals.
Additional Considerations:
- Provides proactive and creative investment support to clients.
- Applies good judgement and appropriate follow-through with clients, firm employees, investment managers and other service providers to clients.
- Demonstrates initiative and ownership of all client-related work.
- Exhibits strong knowledge of finance and investment theory and practice and the ability to apply this knowledge to client work.
- Manages and deliver loosely defined and complex practice/research area work and client projects.
- Manages day-to-day interaction with clients and other related service providers.
- Makes presentations to and deal directly with clients, their trustees and/or Board of Directors. Takes lead role in meeting preparation and conducting client meetings.
- Efficiently manages internal resources to allow for effective handling of multiple projects for multiple client simultaneously.
- Provides leadership that contributes to the success of assigned client teams.
- Supervises analyst work.
- Assists in investment manager research.
- Expected to contribute to intellectual capital development and investment best thinking.
- Aids in developing new business and participate in new business presentations as needed.
Qualifications Required: - Bachelor's degree and 5 or more years client coordination and/or claims management experience
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High school diploma/GED and 10 or more years client coordination and/or claims management experience. * License required.
- Able and willing to travel approximately 25% of the time.
Desired: - Professional designation may be preferred, such as CPCU, CIC or ARM.
- Minimum 1 year experience with A.J. Gallagher is preferred.
- 10 yearsperience in institutional investment consulting and/or as an investment officer for a plan sponsor.
- CFA, CAIA and/or MBA preferred.
- Able and willing to travel approximately 25% of the time.
Work Traits: - Excellent verbal and written communication skills.
- Able to quickly diagnose critical issues.
U.S. Eligibility Requirements:
- Interested candidates must submit an application and resume/CV online to be considered.
- Must be 18 years of age or older.
- Must be willing to submit to a background investigation; any offer of employment is conditioned upon the successful completion of a background investigation.
- Must have unrestricted work authorization to work in the United States. For U.S. employment opportunities, Gallagher hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. Gallagher will require proof of work authorization.
- Must be willing to execute Gallaghermployee Agreement or Confidentiality and Non-Disclosure Agreement which requires, among other things, post-employment obligations relating to non-solicitation, confidentiality and non-disclosure.
Gallagher offers competitive salaries and benefits, including: medical/dental/vision plans, life and accident insurance, 401(K), employee stock purchase plan, educational expense reimbursement, employee assistance program, flexible work hours (availability varies by office and job function) training programs, matching gift program, and more.
Gallagher believes that all persons are entitled to equal employment opportunity and does not discriminate against nor favor any applicant because of race, color, religion, sex, age, veteran status, disability, national origin, or any other legally protected status. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant with a disability, unless the accommodation would impose an undue hardship on the operation of our business.