
Terms of Business Analyst
- Chelmsford, Essex
- Permanent
- Full-time
OverviewWe are seeking a passionate and driven Terms of Business Analyst, known internally as a Partner Assurance Analyst, to join our dynamic Partner Assurance Agency Team.The Partner Assurance Agency Team plays a crucial role within Gallagher’s Operations division, acting as the “first line of defence” in our three-tier governance framework. The team is responsible for the onboarding of all new trading partners, ensuring appropriate Terms of Business Agreements (TOBAs) are in place to govern trading relationships. These agreements define the conduct of insurance business between Gallagher’s legal entities and trading partners, including insurers, managing agents, and brokers, ensuring compliance and alignment with Gallagher’s Conduct & Governance policies.In this role, you’ll take the lead in ensuring the smooth onboarding of trading partners, supporting business units by negotiating, drafting, and managing TOBAs and other agreements. You’ll also maintain governance frameworks that enable the seamless flow of business transactions while adhering to legal and regulatory obligations.Whether you’re experienced in this field or looking to bring transferable skills to the role, this full-time, permanent position offers the perfect platform to grow your career. You’ll be part of a collaborative team committed to excellence, innovation, and delivering high-quality outcomes.How you'll make an impact
- Contract Management: Negotiate, draft, and support Non-Standard Terms of Business Agreements (TOBAs) and Broker of Record Transfer Agreements, ensuring all agreements are accurately maintained and centrally recorded.
- Stakeholder Collaboration: Build and maintain productive relationships with trading partners and internal stakeholders, including Compliance, Legal, and Financial Crime teams.
- Governance & Compliance: Ensure all processes are documented, followed, and updated in line with legal and regulatory obligations.
- Team Leadership: Oversee the Partner Assurance TOBA team, ensuring high-quality work and the timely delivery of management information (MI).
- Project Support: Contribute to wider team projects, including mergers and acquisitions, and provide support during periods of increased workload.
- Reporting & Strategy: Support submissions and regular reporting to the Management and Director of Partner Assurance, and deputise for Partner Assurance Managers when required.
Compensation and benefitsOn 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
- 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…