Divisional Sr. Financial & Actuarial Consultant

Gallagher•Rolling Meadows, IL

About The Position

The GBS Divisional Sr. Financial & Actuarial Consultant is a key leadership role within the Health and Benefits division, responsible for providing support and oversight to Financial and Actuarial Consulting (FAC) managers and consultants. This role includes delivering actuarial and underwriting guidance, assisting client teams, and ensuring the effective use of tools, templates, and training resources. The consultant will also manage capacity, track deliverables, and outline career growth opportunities for team members. In addition to internal responsibilities, the role involves participating in client or prospect meetings to represent the Financial and Actuarial Consulting team, mentoring team members, and driving the adoption of best practices across regions. The ideal candidate will serve as a trusted resource for branch office staff, ensuring the delivery of high-quality services and measurable ROI for clients.

Requirements

Bachelor's degree and 7 years experience with Broker or Carrier side with focus on Health and Benefits.
Working knowledge of Microsoft Windows applications and Microsoft Office.
High degree of understanding of employee benefits funding mechanisms.
Must be familiar with carrier reporting systems.
Be able to effectively articulate the format, content, and logic of all underwriting tools and client reports.

Nice To Haves

Expertise in financial and actuarial consulting, with a strong understanding of underwriting principles.
Proven ability to mentor and develop team members, fostering a collaborative and inclusive environment.
Proficiency in using tools like Power Bi dashboards, AMP reporting, and Gallagher’s proprietary templates.
Exceptional communication skills, with the ability to explain complex issues in simple terms to clients and stakeholders.
Effective negotiation skills.
Knowledgeable in using various analytical approaches to problem solving.
Advanced knowledge of underwriting principles and of the employee benefits field.
A strategic mindset, with the ability to identify opportunities for innovation and process improvement.
Commitment to compliance, regulatory requirements, and industry best practices.
A passion for building relationships and delivering measurable ROI for clients.
Must have strong interpersonal skills; excellent communication skills (both orally and in writing) and ability to build meaningful professional relationships in order to be successful with required client facing activity.
Must demonstrate ability to effectively manage and mentor individuals as well as a team.
Must be amiable when encountering difficult situations with clients, vendors, co-workers and direct reports

Responsibilities

Lead and manage a team of financial and actuarial professionals, ensuring the delivery of high-quality services to clients and internal teams.
Provide resources, tools and training to the team for underwriting analysis, developing financial projections, calculation of reserves, plan design modeling and overall financial analysis of US employer benefit plans.
Act as a mentor and coach, supporting the professional growth of analysts and consultants.
Develop structured training programs and resources to enhance technical skills and client-facing capabilities across the team.
Oversee the management of tools, templates, and workflows, ensuring accuracy, efficiency, and alignment with industry best practices.
Represent the Financial and Actuarial Consulting team in client or prospect meetings, as needed, building trust and credibility through actionable insights.
Build relationships with Area Presidents and Regional Presidents to ensure FAC is represented within leadership.
Conduct team meetings, distribute communications, and drive collaboration across branches within the region.
Lead training programs for staff and client teams to ensure consistent adoption of best practices.
Act as a liaison between the Financial and Actuarial Consulting teams and Gallagher’s Center of Excellence.
Assist in sales prospecting as needed.
Maintain deep understanding of Gallagher’s proprietary tools and templates used for financial and actuarial calculations, ensuring accuracy and efficiency in their application.
Review and enhance client deliverables, ensuring they are visually appealing, easy to understand, and aligned with Gallagher’s standards.
Provide guidance and support to FAC managers in tracking team capacity and workload distribution.
Act as a flexible resource to provide overflow support to regions facing high workloads or complex client projects.
Serve as a go-to resource for branch office staff, providing expertise on actuarial and financial consulting topics.
Take ownership of escalated service issues, working closely with internal teams and clients to resolve them effectively.