Financial and Actuarial Consultant

About the role

The primary focus of this role is to provide guidance and assistance to Account teams and clients by using financial decision-making tools, conducting client-facing meetings when appropriate, and speaking effectively on behalf of the Financial & Actuarial Consulting team regarding core services.

Responsibilities

• Evaluate and present monthly, quarterly, and annual reports that measure client financial status, track expenses by product line, renewal projections, funding levels, and rates to the Account Management teams and clients as necessary.
• Help train subordinates.
• Demonstrate proficiency and understanding of various proprietary models and tools used to calculate financial results.
• Analyze data from carriers on clients and provide recommendations to account management teams or clients to effectively negotiate rates and funding levels.
• Prepare, analyze, and consult on various client deliverables as defined by the scope of services of the Financial & Actuarial Consulting team.
• Think critically about analysis beyond the numbers presented; demonstrate understanding of whether or not analysis makes sense.
• Conduct any activity for special assignments as assigned by management.
• Maintain workflow tracking applications or logs as established by management and departmental guidelines and protocols.
• Oversee the review of contract documents such as plan descriptions, administrative agreements, claim exclusions, and limitations to gain basic knowledge of client parameters that may impact financial reports; identify training opportunities in this regard for subordinates on the team.
• Evaluate, assign, monitor, and peer-review reports generated by Financial Benefits Consulting team subordinates, when requested by various Gallagher staff.
• Show competence with collecting required data and materials needed for the successful completion of various projects with minimal supervision.
• Serve as a resource to branch office staff in resolving complex underwriting problems and questions delivered by clients.
• Stay informed about local market trends to ensure each branch is equipped with the tools necessary to remain competitive in their communities.
• Aid in the preparation of presentations, campaigns, communication materials, newsletters, and other materials to internal staff and clients/prospects regarding Financial Benefits Consulting policies and scope of services.

Qualifications

• Bachelor's degree and 3 years of experience within the employee benefits field in an underwriting capacity.
• Working knowledge of Microsoft Windows applications and Microsoft Office.

Skills

• Advanced skills in financial decision-making tools.
• Proficiency and understanding of various proprietary models and tools used to calculate financial results.
• Strong analytical and critical thinking skills.
• Effective communication and presentation skills.
• Ability to manage escalated service issues to productive outcomes.
• Ability to oversee communication from Analyst positions regarding processes and data needed for effective analysis of client financial status.

Benefits

We offer a competitive and comprehensive compensation package, including a base salary range, medical/dental/vision plans starting from day one, life and accident insurance, 401(K) and Roth options, tax-advantaged accounts (HSA, FSA), educational expense reimbursement, flexible work hours, training programs, Gallagher Thrive program for overall wellbeing, charitable matching gift program, and more...

Pay

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.

Schedule

Details about benefits will be provided during the selection process. We value inclusion and diversity. Click Here to review our U.S. Eligibility Requirements. Gallagher is committed to creating a diverse and inclusive workplace, and we prohibit any form of discrimination based on protected characteristics.