Split Dollar Life Insurance Specialist

Introduction At Gallagher Benefit Services, you’re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it’s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them. We’re a community of bold explorers, trusted experts, and compassionate partners; working side by side to solve problems, and shape the future of work. Here, curiosity is encouraged, collaboration is second nature, and your ideas have room to grow. If you’re looking for a place where your contribution matters and where you can help build a better world of work; think of Gallagher. Overview This position is hybrid sitting threed days a week in our Charlotte, North Carolina office. You'd be responsible for implementing and maintaining the Split Dollar Life Insurance reporting and fulfillment standards of the Company as well as ensuring deliverables are accurate and provided in a timely manner. How you'll make an impact Duties and Responsibilities: Analyze and prepare split dollar life insurance client budgeting reports Run inforce life insurance projections using various carrier illustration systems while monitoring reporting or system issues Manage the Split Dollar life insurance fulfillment process including the review of legal documents, creating client letters and fulfillment packages while tracking the timing of participant payments Create all appropriate documents for terminated participants in Split Dollar plans Track and implement insurance policy changes such as reductions in death benefits and changes to death benefit options Work with other departments to review quarterly financial reports for Split Dollar plans Willing to work extended hours to meet deadlines Any other responsibilities that may be assigned as needed Job Knowledge and Skills: Strong understanding of how life insurance policies work Prior experience working with Life Insurance preferred Intermediate knowledge of Microsoft Excel Proficient computer skills in other Microsoft Office applications (including Microsoft Word, Outlook, Access, PowerPoint) and accessing the Internet for research Professional written and oral communication skills Ability to communicate effectively with co-workers, clients, and carrier contacts Appropriately represent the Company to external parties Ability to work independently and simultaneously manage multiple projects/tasks Ability to operate effectively in a team environment Must have excellent organizational and administrative skills Be attentive to detail, have excellent follow through and good time management to see a task or project through to completion Have strong analytical, mathematical, critical thinking and reasoning skills Take advantage of opportunities to learn more about the insurance industry, products and plan designs Initiative to take on new tasks or requests Ability to manage time efficiently About You Bachelors Degree in business, finance, accounting, actuarial science or related field 2-5 years of experience in the life insurance industry, with knowledge of split dollar plans preferred, or equivalent combination of education and experience Compensation and benefits We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. 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: 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 Other benefits include: 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 And more... **The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process. We value inclusion and diversity Click Here to review our U.S. Eligibility Requirements Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. 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 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.

Bachelors Degree in business, finance, accounting, actuarial science or related field 2-5 years of experience in the life insurance industry, with knowledge of split dollar plans preferred, or equivalent combination of education and experience

Duties and Responsibilities: Analyze and prepare split dollar life insurance client budgeting reports Run inforce life insurance projections using various carrier illustration systems while monitoring reporting or system issues Manage the Split Dollar life insurance fulfillment process including the review of legal documents, creating client letters and fulfillment packages while tracking the timing of participant payments Create all appropriate documents for terminated participants in Split Dollar plans Track and implement insurance policy changes such as reductions in death benefits and changes to death benefit options Work with other departments to review quarterly financial reports for Split Dollar plans Willing to work extended hours to meet deadlines Any other responsibilities that may be assigned as needed Job Knowledge and Skills: Strong understanding of how life insurance policies work Prior experience working with Life Insurance preferred Intermediate knowledge of Microsoft Excel Proficient computer skills in other Microsoft Office applications (including Microsoft Word, Outlook, Access, PowerPoint) and accessing the Internet for research Professional written and oral communication skills Ability to communicate effectively with co-workers, clients, and carrier contacts Appropriately represent the Company to external parties Ability to work independently and simultaneously manage multiple projects/tasks Ability to operate effectively in a team environment Must have excellent organizational and administrative skills Be attentive to detail, have excellent follow through and good time management to see a task or project through to completion Have strong analytical, mathematical, critical thinking and reasoning skills Take advantage of opportunities to learn more about the insurance industry, products and plan designs Initiative to take on new tasks or requests Ability to manage time efficiently