Arthur J. Gallagher & Co is a sales and marketing company which provides property / casualty insurance and risk management services. The firm’s risk management services include consulting services. For the last twelve months ending September 30, 2022 Arthur J. Gallagher & Co generated over 85% of its revenue from its insurance brokerage segment (e.g., advising on insurance programs) and the remaining from its risk management segment (e.g., adjusting claims). As of February 5th, 2023, Arthur J. Gallagher & Co had a ~$41B market cap.
This article will share more about Arthur J. Gallagher & Co’s history, careers, and interviews.
Firm Key Stats
Firm Website: www.ajg.com
Firm Headquarters: Rolling Meadows, IL
Firm Number of Employees: ~43,000
Firm Number of Locations: 598
Firm Chief Executive: J. Patrick Gallagher Jr
Firm Revenue: $8.1B
Arthur J. Gallagher & Co History
Arthur J. Gallagher & Co’s history is rich and dates back to the 1920s. Arthur J. Gallagher & Co was founded in 1927 by Arthur Gallagher. Since then, it grew organically and inorganically to grow into a $40B+ company. Arthur J. Gallagher & Co started gaining prominence in the 1950s, as it gained Beatrice Foods Co. as a client. Arthur J. Gallagher & Co continued to grow and became public in the 1980s. Between 2002 and 2014, Arthur J. Gallagher & Co acquired over 300 companies typically ranging from $1M-50M. Arthur J. Gallagher & Co also grew via partnerships. For example, they partnered with Premiership Rugby, Indycar Racing, and the Chicago Cubs between 2017-2019. To read more about Arthur J. Gallagher & Co’s history, please click here.
Arthur J. Gallagher & Co Careers
Arthur J. Gallagher & Co careers focus on living out “The Gallagher Way”. Values lived in “The Gallagher Way” include:
- “We push for professional excellence”
- “We can all improve and learn from one another.”
- “I consider myself support for our Sales and Marketing. We can't make things happen without each other. We are a team”
To read the full list of Arthur J. Gallagher & Co’s values, please click here.
If you begin a career with Arthur J. Gallagher & Co’s consulting arm, the experience is different from one you would see at an MBB consulting firm or a firm like Oliver Wyman or Deloitte. Specifically, Arthur J. Gallagher & Co’s consulting arm does not focus on strategy consulting. Rather, Arthur J. Gallagher & Co’s consulting arm focuses on segments like compensation consulting, diversity, equity, and inclusion consulting, and human resources technology consulting.
Arthur J. Gallagher & Co Internship
The Arthur J. Gallagher & Co Internship hosts around 400 interns each summer. The internship is 9 weeks long and focuses on providing interns with real-life experience. For example, the interns can attend and participate in client meetings and join a specific client engagement team. The internship also has a significant focus on professional development, e.g., through one-on-one coaching and mock meetings. The internship finally provides a comprehensive weeklong training program at its corporate headquarters. Interns will be able to network with Arthur J. Gallagher & Co leaders. To read more about Arthur J. Gallagher & Co’s internship, please click here.
Practice Areas
Arthur J. Gallagher & Co practice areas include:
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- Insurance
- Consulting
Within consulting, practice areas include:
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- Compensation consulting
- Compliance consulting
- Diversity, equity, and inclusion
- Executive benefits
- Human resources consulting
- Executive search
- Leadership advisors
- Pharmacy benefit management consulting
Industries
Arthur J. Gallagher & Co’s industries are wide reaching and span:
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- Aerospace
- Automotive
- Construction
- Energy
- Healthcare
- Education
- Manufacturing
- Restaurant
- Real estate
- TechnologyTransportation
Arthur J. Gallagher & Co Locations
Arthur J. Gallagher & Co’s locations are global in nature and include:
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- New York City
- Austin
- Miami
- Boston
- London
- Paris
- Rome
- Tokyo
- Sydney
Career Path
While Arthur J. Gallagher & Co does not publish its career paths, it does emphasize the ability to have a long career at Arthur J. Gallagher & Co. For example, many of the executives were former interns. As such, Arthur J. Gallagher & Co. is not a two-year “up and out” program. Rather, the career at Arthur J. Gallagher & Co may begin with a three-year entry-level associate program. From there, Arthur J. Gallagher & Co. supports your career longevity with training and professional development programs. For example, you can expect hands-on coaching to help you grow professionally.
Exit Opportunities
Arthur J. Gallagher & Co is not a strategy consulting firm. Rather, it focuses on more niche areas like executive compensation consulting and compliance consulting. As such, the exit opportunities at Arthur J. Gallagher & Co. may differ from the exit opportunities you may see at an MBB firm or a Tier 2 consulting firm. Specifically, exit opportunities at Arthur J. Gallagher & Co may be less “strategy” focused (e.g., strategy & operations associate, marketing associate). Instead, the exit opportunities may be more focused on Arthur J. Gallagher & Co’s expertise. For example, exit opportunities may include:
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- Business school
- Moving to an insurance company
- Moving to another consulting company
Notable Alumni
While Arthur J. Gallagher & Co does not publish its notable alumni, per LinkedIn, notable alumni include:
Target Schools
While Arthur J. Gallagher & Co does not publish its target schools, per LinkedIn, universities with a large presence at the firm include:
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- Northern Illinois University
- University of Illinois Urbana-Champaign
- Illinois State University
- Louisiana State University
Diversity Programs
Arthur J. Gallagher & Co has several diversity programs, including:
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- Leadership committees to build awareness on inclusion and diversity (e.g., racial diversity, ethnic diversity, gender diversity)
- Diversity celebrations including for Black History and Women’s History
- Training, e.g., on unconscious bias
Arthur J. Gallagher & Co Culture
Arthur J. Gallagher & Co has a 3.6 out of 5 star rating on Glassdoor. 66% of respondents would recommend Arthur J. Gallagher & Co to a friend and 84% approve of the CEO. Takeaways from Glassdoor include:
Positive:
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- Great culture and people
- High degree of flexibility
- Good work life balance
Negatives:
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- Limited training
- Some less inspiring leadership
- Lower pay
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Arthur J. Gallagher & Co Interview
The Arthur J. Gallagher & Co interview will have a behavioral portion. The behavioral portion is designed to test if you are a cultural fit at Arthur J. Gallagher & Co and if you have eagerness to join the team. Behavioral questions can include:
- Why Arthur J. Gallagher & Co?
- Why consulting?
- Why do you want to be on this team?
- What are your strengths?
- What are your weaknesses?
- Where do you want to be in five years?
To read more about behavioral interviews, see Management Consulted’s overview here.
Additional components of the interview may include a personality test and case interview.
Firm Interview Process
The Arthur J. Gallagher & Co firm interview process is similar to that of other consulting firms. Specifically, it's often a multi-round process in which you meet multiple team members. Given that firm interview processes may differ by department, geography, etc., it is always best to clarify the firm interview process with your recruiter.
Arthur J. Gallagher & Co Salary
Per Glassdoor, Arthur J. Gallagher & Co salaries are ~$100,000 all-in with a ~$85,000 base and a ~$15,000 bonus. This salary is relatively in line with companies like Deloitte which has a ~$95,000-100,000 all-in starting salary for consultants and KPMG which has a ~$90,000 all-in salary for consultants. To get a full comparison of how Arthur J. Gallagher & Co’s salaries compare to other consulting firms, see Management Consulted’s report here.
Conclusion
Therefore, Arthur J. Gallagher & Co is a $41B company which focuses on insurance brokerage. The firm also has a consulting segment which has more niche focuses (e.g., compensation consulting). Arthur J. Gallagher & Co emphasizes the ability to have a long and prosperous career at the firm. The career opportunities start with the firm’s prominent internship program which has ~400 interns per year. The firm is global in nature with nearly 600 locations!
If you are looking to prep for an Arthur J. Gallagher & Co interview with an ex-MBB consultant, please click here.
Additional Resources:
- Top Consulting Firms of 2023
- Boutique Consulting Firms
- Consulting Resume: Complete Guide
- Case Interview: Complete Prep Guide