Job Description

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Introduction
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
Do you want to have a significant effect on the insurance and reinsurance sector? We are looking for a Market Security Analyst to be part of our team. Work in a lively, collaborative environment where your knowledge aids in maintaining financial stability, compliance, and operational integrity.
Join us to play a key role in risk management and compliance, assessing (re)insurers, managing records, and offering market security insights to protect our business and clients.
How you'll make an impact

• Ensure the company collaborates with financially secure and compliant (re)insurers.
• Engage proactively in Market Security Committee meetings, offering administrative and analytical assistance.
• Collaborate with the Market Security Coordinator, Committee Chair, and team members to guarantee the efficient operation of the Market Security function.
• Guarantee the compliant onboarding of (re)insurers according to regulatory and internal guidelines.
• Conduct ongoing due diligence to assess the financial stability and compliance of placing (re)insurers.
• Act as a point of escalation for complex queries related to substandard markets, company structure changes, and compliance issues.
• Liaise directly with insurers to clarify their structure, business profile, and documentation (e.g., financial reports, profit & loss statements).
• Monitor rating movements from agencies such as AM Best, Moody's, and S&P, providing timely updates to the business.
• Use internal and external analysis systems to review (re)insurer financials.
• Prepare updates, including security downgrade announcements, for collaborators in UK businesses.
• Maintain and assess the Market Security List, verifying the accuracy and currency of all information.
• Maintain and publish approved Market Security lists, ensuring records are always current and accessible.
• Compile and distribute information packets for Market Security Committee meetings in accordance with internal protocols.
• Capture meeting minutes, track actions, and follow up on post-meeting plans.
• Support the Market Security Coordinator by handling ad-hoc business inquiries, such as client information and assistance.
• Offer supervision and support to the UK Market Security function as needed.
• Assist the Market Security Coordinator and Chair by drafting reports, presentations, and updates.
• Work together with brokers, account teams, and collaborators to make sure clients are matched with financially stable and compliant carriers.
• Share Market Security policies and Terms of Reference with the Market Security Committee.

About You

• Knowledge of compliance and regulatory requirements in the insurance and reinsurance markets.
• Basic knowledge of general insurance (London Market / Lloyd's and Industry) products, services, and a good understanding of underlying legal principles and practices relating to risk.
• Experience in the insurance or reinsurance industry, particularly in market security or compliance roles.
• Familiarity with rating agencies and their methodologies (e.g., AM Best, Moody's, S&P).
• Excellent interpersonal skills, including listening, verbal, and written communication.
• Excellent organizational abilities to handle various tasks and priorities efficiently.
• Outstanding social skills, with diplomacy, tact, and empathy.
• Ability to manage complex and highly confidential information.
• Capable of independently managing various tasks and collaborating with diverse project groups.
• Proficient in quantifying data and presenting insightful analyses.
• A meticulous and thorough approach to work.
• Problem-solving approach.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and other relevant systems.
• Eligibility to work in the UK

If you're prepared to tackle this thrilling opportunity and contribute to the success of our organization, we'd love to hear from you. Apply today and become a key figure in crafting the future of market security in the insurance and reinsurance industry!
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...

We value inclusion and diversity
Inclusion and diversity (I&D) is a core part of our business, and it's embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.
Gallagher embraces our employees' diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.
Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.
We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don't worry, we're here to help, however, we can only do this if you let us know.
Should you require reasonable adjustments to your application, please get in touch with . If you'd prefer to speak on the phone, please request a call back, leaving details, so we get in touch.
Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.
Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as "protected characteristics") by applicable federal, state, or local laws.
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 person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Skills Required