Introduction Welcome to Gallagher – a global leader in insurance, risk management, and consulting services. With a growing team of more than 52,000 professionals worldwide, we empower businesses, communities, and individuals to thrive. At Gallagher, you can build a career whether it’s with our brokerage division, our benefits and HR consulting division, or our corporate team. Experience The Gallagher Way, a culture fueled by shared values and a collective passion for excellence. Join one of our dynamic teams, where you'll play a pivotal role in shaping Gallagher's future and unlocking unparalleled opportunities for both clients and yourself. 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. How you'll make an impact Position Summary: The Real Estate Transaction Manager role will assist our Real Estate Team with a variety of tasks involved with portfolio leases management and merger and acquisition review in North America and LATAM. Geographic areas may expand in the future. Essential Duties and Responsibilities: On a daily basis, the primary role of transaction manager is to support the business in evaluating renewal versus move options for branch offices as well as to downsize offices with more seats than needed. Specific activities include: Transaction Management: Act as a primary point of contact for branch leadership related to assigned projects and lead kick off meetings and subsequent conversations to develop and provide a recommended strategy based on alternatives reviewed which meet business needs and are compliant with Gallagher policies and economics. Work with Gallagher’s preferred real estate broker to identify renewal, downsize, relocation and consolidation alternatives to be evaluated. Develop financial analysis and modeling for each of the proposed renewal/relocation options for any assigned real estate transactions. This requires knowledge of Gallagher financial systems, Corporate Real Estate templates, and CoStar. Collaborate with Gallagher’s Corporate Real Estate Project Management team to ensure scope and programming requirements are implemented into test fits / space plans. Interface with divisional CFO’s to review financial decisions around the proposed real estate transaction and gain approvals. This includes writing approval memos. Every real estate project needs an approval memo summarizing the transaction and the associated costs. Act as a liaison between legal counsel, the external broker and project manager to reconcile and resolve any outstanding issues in the lease. Address ad hoc requests which can include but is not limited to employee-owned lease negotiations, organizing with Gallagher’s broker early terminations, buyouts and subleasing. Assist in creating the real estate annual strategic plan and updating the correlating tracking sheet for reporting purposes. Mergers and Acquisitions: Gallagher historically completes a significant number of acquisitions each year. In conjunction with these acquisitions, the transaction manager is involved in due diligence on the real estate portfolios. Working directly with Gallagher M&A leaders to perform required due diligence on the prospective acquisition target as soon as information becomes available in the data room. Create a file with a list all locations, address information, expiration dates, square footage and projected annual costs. To begin the analysis process, identify any nearby Gallagher offices and strategize potential consolidation opportunities considering both acquisition targets moving to Gallagher location or vice versa. The analysis should consider both natural lease expirations and lease abandonments. This analysis forms the basis of a real estate consolidation plan for the acquisition and identifies potential cost reductions. This information is then shared with the due diligence leaders. In some acquisitions, the transaction manager will be called upon to help negotiate new leases with the seller if the seller owns the building. The real estate broker should be engaged to provide a fair market rate analysis. If an acquisition target owns any real estate assets, determine whether Gallagher wants to purchase those assets. The real estate broker should be engaged to determine the fair market value of any acquisition owned buildings that Gallagher will acquire. Post close, determine if we want to sell, keep, or enter into a sale / leaseback opportunity. Work with Gallagher IT to ensure connectivity and access control issues can be resolved for acquired companies before proposing combining the real estate. Coordinate with the Gallagher Real Estate Attorney to ensure all assumed leases or new leases are in line with CFO expectations and all amendments to assume the leases have been completed and filed in CoStar. Identify existing office services relationship for acquisitions and coordinate with other Gallagher Procurement colleagues to ensure an efficient transition plan to onboard core office services including office printers, mail machines, record retention, coffee, water, etc. About You Required: Bachelors degree and a minimum of 5 years real estate experience. Must be a licensed Real Estate broker. Preferred: Strong Excel skills Behaviors: Good analytical thinker, with strong communication and negotiation skills. Must be well organized and be able to multi-task. #LI-TL1 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: 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... 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.