Gallagher Pay & Benefits | Glassdoor

Gallagher Overview

Rolling Meadows, IL
10000+ employees
1927
Company - Public (AJG)
Insurance Agencies & Brokerages
$2 to $5 billion (USD) per year
Gallagher, an international insurance brokerage and risk management services firm, is headquartered in Rolling Meadows, Illinois, has operations in more than 30 countries and offers client-service capabilities in more than 140 countries around the world through a network of ... Read more

Mission: We help clients around the globe address risk, protect their assets and recover from losses.

Company Updates

  • Congratulations to our Baton Rouge office on being one of Business Report's Best Places to Work!

    The 2017 Best Places to Work in Baton Rouge - Baton Rouge Business Report

    The 50 companies on this year's Best Places to Work list not only demonstrate what it means to care about its employees, but also serve as a model for other businesses to replicate. There are plenty of good companies to work for in the Capital Region: companies that provide a decent paycheck and basic benefits....

  • Gallagher is looking for its next class of great interns. Learn more about our program by watching the video.

    Learn about the Gallagher Internship | Arthur J. Gallagher

    Our industry leading Gallagher Summer Internship Program offers a comprehensive "learning by doing" experience within a creative and dynamic work environment. The on-the-job sales & professional development training are designed to cultivate an expertise in the industry and accelerate your career growth.

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Gallagher – Why Work For Us?


Gallagher began as a one-man agency in 1927 and has grown to become one of the world's largest insurance brokerage and risk management services firms with more than 26,000 employees globally.

Headquartered in the Chicago suburb of Rolling Meadows, IL, our company offers a full range of retail and wholesale property/casualty (P/C) and employee benefit products, services and alternative risk transfer mechanisms, as well as P/C claims and risk management services. Our clients include businesses of all sizes, not-for-profits, associations, municipal and governmental entities, and individual insureds.

At Gallagher, our work environment fosters teamwork, entrepreneurialism and success. While we are now a global organization, we are still guided by our founder's values of personal integrity, innovative thinking, deep commitment to clients, openness, empathy and respect for each other.

Poised for aggressive growth, there's never been a better time to be a part of the Gallagher team. Here, you will enjoy all the benefits of our winning track record, extensive network of resources, entrepreneurial environment and history of innovation.


 

To support your professional advancement, Arthur J. Gallagher & Co. offers access to a full range of training programs, all aimed at providing continuous growth, helping you achieve maximum earning potential and enabling you to stay abreast of the best techniques and skills necessary to excel in the marketplace. When it comes to your training and development, consider that:

  • Many of our employees have spent most or all of their careers with Gallagher, a true credit to our company, its advancement opportunities and the people who work here.
  • We offer a robust array of training programs focused on everything from sales, management and customer service to product knowledge, business and technical skills.
  • Our team approach to professional development enables less experienced employees to learn from their more seasoned counterparts.
  • Each year, hundreds of employees benefit from classroom and online training programs.
  • We have offered a unique, industry-leading intern program for more than 40 years. Embracing the concept of learning by doing, the program now accepts approximately 150 college students each summer.
  • Select candidates can take advantage of our EDGE program - a comprehensive 12-month training and educational introduction to the insurance business.
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Sales Professional Careers At Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. is a highly-entrepreneurial sales and service-focused organization. We recognize the salespeople who are accomplishing their goals and bringing in new clients to the company. By utilizing our niche strategy and network of specialists, our salespeople are able to place the best talent on the best opportunities, increasing their chances of winning. Our goal is to handsomely reward our salespeople for their efforts.

Poised for aggressive growth, there's never been a better time to be a part of the Gallagher team. Here, you will enjoy all the benefits of our winning track record, extensive network of resources, entrepreneurial environment and history of innovation.

As a Producer at Arthur J. Gallagher, you will have an opportunity to build client relationships, grow your own book of business, and play an active role in helping our company achieve its ambitious growth targets. Our Producers are encouraged to take an entrepreneurial approach to solving client challenges by presenting unique and tailored solutions. The Gallagher culture is a very team-driven one, and we are consistently looking for the right talent to help us earn our successes and achieve the next biggest thing. If you enjoy working in a team-oriented environment with an aggressive culture driven to not only meet goals, but to exceed them, then Arthur J. Gallagher may be the perfect place for you.

So what's a day's work at Arthur J. Gallagher like? Working as a Producer is about the challenge. It is about doing the best we can for our clients every single day, and ensuring that we stay ahead of the curve with new products and services.

 

There are many reasons to choose a career with our company. Our comprehensive benefits package is just one of them. As an Arthur J. Gallagher & Co. employee, you'll enjoy a variety of benefits, including Medical/Dental, Retirement Savings Plan, WorkLife program, Employee Stock Purchase Plan and more.

Healthcare Benefits

Medical/Dental, Voluntary Vision, and Voluntary AD&D Premiums

Allows you to pay for AJGCo. Medical/Dental, Voluntary Vision, and Voluntary AD&D on a pre-tax basis.

Healthcare Flexible Spending Account

Allows you to set aside up to $8,000 of your pay each calendar year on a pre-tax basis to pay for eligible, unreimbursed Medical/Dental/Vision expenses. For employees who select a Health Savings Account option, only Dental and Vision expenses are eligible for pre-tax reimbursement until the annual deductible has been met.

Short-Term Disability

From 2 to 26 weeks of full or half salary, based on length of service.

Long-Term Disability

  • 60% of salary up to a $15,000 monthly maximum.
  • Payable to age 65 for accident and/or sickness after an initial 26-week qualifying period.

Insurance Coverage

Basic Life, AD&D, Dependent Life Insurance

  • Basic Life equal to 1½ times your annual earnings up to $1 million.
  • AD&D equal to an additional 1½ times your annual earnings up to $1 million.
  • Dependent life equal to:
    • $5,000 for spouse or domestic partner.
    • $2,500 for each eligible dependent child

Business Travel Accident Insurance

AD&D equal to 5 times your annual earnings, up to $1 million ($250,000 minimum), when traveling on company business.

Voluntary Group Universal Life (GUL) Insurance

  • Available in multiples of 1 to 8 times your salary up to $600,000, and up to $2.5 million with evidence of good health.
  • Universal feature allows tax-deferred cash accumulation, loan and withdrawal provisions, and special retirement payout options.
    • Spouse or domestic partner and child(ren) options also available.
    • Portability option.

Voluntary Auto/Homeowners Insurance

  • Auto and homeowners insurance can be purchased at discounted group rates.

Voluntary Accidental (AD&D) Insurance

  • Coverage available in multiples of $10,000 up to $1 million.
  • Amounts greater than $350,000 cannot exceed 10 times annual salary.
  • Dependent coverages.
  • Spouse or domestic partner: 60% of employee's coverage.
  • Children: 20% of employee's coverage.

Long-Term Care Insurance (LTC) Insurance

  • Long-term care insurance provides protection for the high cost of long-term care expenses (nursing homes, assisted-living facilities or home-care provider expenses).
  • Employees who enroll within 60 days of hire will be eligible for guaranteed issue coverage; simplified underwriting for spouses.
  • Genworth Life Insurance Company offers employees and eligible family members a variety of plan options at affordable group rates.

Financial & Retirement

401(k) Retirement Savings and Thrift Plan

  • You can contribute up to 75% of eligible compensation plus, if age 50 or older, make additional catch-up contributions.
  • Pre-tax and Roth after-tax contributions are allowed.
  • Eligible rollovers accepted.
  • 26 investment options.
  • Loan provision.
  • You will be automatically enrolled to contribute 5% of your compensation when you are eligible for company matching. You have the ability to increase/decrease or opt out.
  • Company match is up to 100% of the first 5% of your earnings, based on your elected contributions.
  • Vesting in the value of the company match and associated investment earnings is 20% per year (100% vested after five years).

Employee Stock Purchase Plan

  • You can purchase Gallagher stock at a 5% discount off the fair market value.
  • Dividends are automatically reinvested.
  • Quarterly purchase/enrollment periods.
  • All transactions handled through Fidelity Investments.

Time Off

Vacation

  • First calendar year: after 90 days - .833 day per month.
  • 1-4 years: 2 weeks.
  • 5-14 years: 3 weeks.
  • 15 or more years: 4 weeks.

Holidays

The company issues a holiday schedule in December for the following year.

Other Benefits

Dependent Daycare Flexible Spending Account

Allows you to set aside up to $5,000 of your pay each calendar year on a pre-tax basis to pay for eligible dependent daycare expenses. 

Transit Passes and/or Parking Reimbursement

Allows you to set aside up to $125 pre-tax per month for Transit Passes and/or $240 pre-tax per month for Parking Reimbursement for your work commute. (Dollar limits subject to change by IRS.)

WorkLife Program

  • Confidential intervention and counseling services provided by ComPsych® (up to 10 sessions).
    • Confidential information and support for financial, legal and family concerns.

Voluntary Group Legal

  • Provides employees and family members with legal services through Hyatt Legal Plans.
  • Network and Out-of-Network benefits are available.
  • In general, this covers such services as estate planning, real estate transactions or other financial matters; family law; consumer protection; and defense of civil lawsuits or traffic offenses, among other things. 

Education Assistance

  • Approved job-related courses reimbursed at 100%.
  • Bonuses may be paid for professional designations such as CPCU, CEBS, ARM, etc.

Charitable Gifts Program

  • 100% Company match of your contributions of $50 or more to eligible charities, up to $1,000 per employee per year.

 

As a global corporation, Arthur J. Gallagher & Co. prides itself on being a socially responsible company dedicated to making a positive impact in the communities where our customers and employees live and work.

We believe that we can act as a force for good by helping those in need, both through financial aid and through individual and group volunteer efforts. Our employees are active in many charitable and educational activities, and we recognize those efforts whenever possible. One such way is through the Gallagher Foundation, which matches the personal contributions of our employees to qualified charitable organizations, from a minimum of $50 per organization to an annual maximum of $1,000. In total, we estimate that Gallagher gives approximately $2 million annually to more than 2,300 charitable organizations.

We also assist many of our employees as they move through their communities to help those in need. Whether assisting the Red Cross in the aftermath of a disaster, engaging in community outreach programs to support the less fortunate or mentoring young people, we celebrate and support the giving and generous spirit of our employees.

  

A good start

More than 85 years ago, my grandfather, Arthur J. Gallagher, opened his own insurance agency. His philosophy was to really get to know his clients. He knew that by understanding their unique needs, he could better assist them in reducing their risks while insuring them against losses. He believed that treating people right was good business. And you know what? He was right.

Today, with more than 13,000 employees in hundreds of offices around the world, Arthur J. Gallagher & Co. is a true leader in the insurance and risk management industry. We lead in the way we serve our customers, the way we develop our employees and the way we support our communities.

The Gallagher Way

You may have already heard about The Gallagher Way. If you join our team, you'll quickly see that the 25 shared values captured in The Gallagher Way serve as a roadmap to guide our team and drive our actions. They help us make critical decisions that affect our clients, our coworkers and the communities in which we live and work.

Consider Tenet #12: "No department or person is an island." At some companies, it may be common for employees to work and act in silos, without regard to other teams or even their coworkers. But that's not how Gallagher does business. We're a company of entrepreneurs who share in each other's successes. It may sound corny, but we're truly all in this together. That is just one example of The Gallagher Way.

Going up?

If you're joining our team right out of school, you may want to get used to saying, "I work at Gallagher." Many of our employees started here as interns or immediately after graduation. In fact, a lot of our senior leaders worked their way up through the ranks. Along the way, they had support, encouragement and opportunities to learn more than just insurance and risk management skills. They learned the right way to do business. They also learned how to be successful.

Helping others.

As a leader in providing insurance and risk management products and services, Gallagher is focused on protecting businesses and families against loss and helping them to recover after a loss occurs. We also believe in being good corporate citizens, and many of our offices, teams and individual employees are very active within their communities. Gallagher encourages and promotes these efforts to support charitable organizations, protect the environment and assist others who are in need. That's another example of The Gallagher Way.

Looking ahead.

I truly believe that we are fortunate to be working in the greatest business in the world. We help clients around the globe address risk, protect their assets and recover from losses. The products and services we provide keep businesses and institutions running, and enable individuals and families to rebuild their lives. Gallagher is well positioned to take advantage of the unlimited growth potential in this industry. As part of our team, you will have the opportunity to build an exciting and lucrative career, while developing lifelong friendships along the way.


Gallagher Reviews

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Gallagher Chairman, President, and CEO J. Patrick Gallagher Jr.
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338 Ratings
  • Featured Review

    Helpful (20)

    "Exceeds Expectations!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Gallagher full-time (Less than a year)

    Pros

    Publicly traded company with an appreciation that employees are their most valuable asset
    Work environment reflects family values with The Gallagher Way tenets well displayed and embraced by the leadership team
    Talented employees that are really smart and eager to help you learn
    Bright and inviting Gathering Room with fresh coffee, cappuccino or espresso all day long! And they even provide almond milk which makes me smile. Fresh fruit and unlimited filtered water.
    Various employee engagement events

    Cons

    Honestly I can't think of any. While I may still be in my honeymoon period I am very aware that there are frustrations when you have a more detailed work process. I accept that and prefer to work in a corporate environment that reflects solid business reasons to support their high standards and benchmarks.

    Advice to Management

    Thank you for hiring new talent! I am sure there are more talented people in the marketplace who would welcome the opportunity to be a part of the Gallagher team. The progressive nature of the company makes AJG an exciting place to work. Never stop striving for improvement!

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Gallagher Photos

Gallagher photo of: Find out more about Gallagher and available opportunities at http://jobs.ajg.com.
Gallagher photo of: Gallagher celebrated 90 years at the beginning of October.
Gallagher photo of: Members of Gallagher Benefits Services took part in the inaugural Rocktober wellness bike ride.
Gallagher photo of: Our Baton Rouge office was named one of the 2017 Best Places to Work in Baton Rouge.
Gallagher photo of: Our San Antonio office helped hurricane relief at the San Antonio Food Bank.
Gallagher photo of: The 2017 first year Gallagher interns
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Gallagher Interviews

Experience

Experience
62%
20%
18%

Getting an Interview

Getting an Interview
42%
19%
14%
12
6
5
2

Difficulty

2.7
Average

Difficulty

Hard
Average
Easy
  1.  

    Intern - Hourly Interview

    Anonymous Employee in Mount Laurel, NJ
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through an employee referral. The process took 3 weeks. I interviewed at Gallagher (Mount Laurel, NJ).

    Interview

    Took about 3 weeks. Short phone interview about the internship and what you know. In person interview following. Very relaxed and genuine people that care a lot about what they do.

    Interview Questions

    • What do you know about the company? Your strengths and weaknesses.   Answer Question
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Gallagher Awards & Accolades

  • World's Most Ethical Companies, Ethisphere Institute, 2017
  • Fortune 500, Fortune, 2017
  • Best Sales/Leadership Program, Leadership Excellence, 2016
  • World's Most Ethical Companies, Ethisphere Institute, 2016
  • World's Most Ethical Companies, Ethisphere, 2015
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