Sr. Financial & Actuarial Consultant (ASA/FSA)

Introduction At Gallagher Benefit Services, you’re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it’s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them. We’re a community of bold explorers, trusted experts, and compassionate partners; working side by side to solve problems, and shape the future of work. Here, curiosity is encouraged, collaboration is second nature, and your ideas have room to grow. Overview Primary focus of role is to act as a regional actuary and provide guidance and assistance to account teams and clients as a subject matter expert across the region. Candidate will provide actuarial consulting and expertise using Gallagher financial decision making tools, participate in or conduct client‑facing meetings when appropriate, speak effectively on behalf of the Financial & Actuarial Consulting team regarding core services, and act as a mentor/coach to others on the team. How you’ll make an impact List of Essential Duties: Business Skills/Knowledge Include the following. Other duties may be assigned. Apply advanced skills in order to provide and present monthly, quarterly and annual reports that measure client’s healthcare plans financial status, provide renewal projections, analyze cost sharing, evaluate vendor renewals, appropriately set IBNR levels, and additional actuarial work associated with US health plans Speak to and explain concepts and economic conditions to account management team and clients regarding all deliverables Provide mentorship and training to student actuaries and non-actuaries on the Financial & Actuarial Consulting team Maintain knowledge of current economic conditions that impact clients, and ensure relevant communications are shared with other actuaries in region Maintain proficiency and understanding of various proprietary models and tools Analyze data from carriers on complex clients and provide recommendations to Account Management teams or to clients Prepare, analyze and consult on various client deliverables, as defined by the scope of services of the Financial & Actuarial Consulting team Conduct ad‑hoc financial analysis for clients as assigned by management Maintain workflow tracking application or logs, as established by management and departmental guidelines and protocol Follow Gallagher Peer Review Standards, and assist with mentoring and promotion of peer review for all work conducted by Financial & Actuarial Consulting team members Demonstrate competence with collection of required data and materials needed for the successful completion of various projects with minimal supervision Serve as an expert resource to branch office staff and region, in order to contribute toward measurable ROI of services and retention of client Assist in the preparation of presentations, communication materials, newsletters, etc. to internal staff and clients / prospects regarding underwriting policies and scope of services under the direction of the Divisional FAC Center of Excellence Leadership Proficient and compliant with internal systems Strong oral and written communications and presentations Manage complex and shifting client work with escalated service issues to productive outcome Have ability to peer review and make suggestions for materials and notices shared across the region and/or Divisional FAC COE Leadership Independently and successfully manage client accounts and workload Be able to effectively articulate the format, content, and logic of all financial analysis and underwriting tools and client reports Demonstrate ability to work with broad and unscheduled assignments that require originality and ingenuity and to develop best practices from experiences Presents new ideas/processes for client improved deliverables as well as improved team efficiency About You Required Bachelor’s degree (financial / math preferred) Actuarial Designation: ASA with 10 years of experience or FSA with 8 years of experience in either Broker/Consultant or Carrier environment with a focus on healthcare High degree of understanding of employee benefits principles and funding mechanisms Technical Skills Must show competency with Microsoft Office, and be able to work in a Windows environment Must have advanced Microsoft Excel skills – Effectively write and use formulas Must be highly organized in order to prioritize and meet deadline Strong and effective follow through process Must be able to persuade others to provide items needed to complete this job within pre‑established timeframes Must have familiar with carrier reporting systems Ability to prioritize and effectively communicate to manage expectations Must have developed superior problem solving and analytical skills that allow tasks to be completed without supervision Must be able to prioritize tasks and to multi‑task effectively so that deadlines are met and schedules are maintained smoothly Interpersonal Skills Ability to communicate effectively in fast pace work environment Excellent communication skills (both orally and in writing) Must be able to persuade others to provide items needed to complete this job within pre‑established timeframes Support corporate, region and/or Divisional initiatives Ability to negotiate and effectively communicate to manage expectations Initiative to continue growing personally and professionally as our industry changes and business need changes Must demonstrate ability to work professionally as a team member in a group with diverse backgrounds Must show demonstrated ability to lead/manage others which includes effective delegation Participate in and assist with conducting regularly scheduled Financial & Actuarial Consulting team meetings; lead branch or regional actuarial calls Develop and maintain strong working relationships with all internal and external partners by demonstrating customer focus and work ethic, thereby establishing an environment of trust and reliability Provide assistance as needed to any member of the Financial & Actuarial Consulting team or to any branch location to the extent possible including on site client meetings or prospect meetings Effectively navigate through conflict Build and maintain positive relationship with outside vendors Coaching and mentoring team members Effective communication with all levels of internal and external client personnel Lead and facilitate client meetings independently Mentor and develop less experienced staff Participate in team meeting trainings Solutions focused approach for addressing and resolving internal and external challenges Compensation and benefits We offer a competitive and comprehensive compensation package. 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. 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... The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process. 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. #J-18808-Ljbffr Arthur J. Gallagher & Co. (AJG)