Divisional Sr. Financial & Actuarial Consultant

Gallagher • Rolling Meadows, IL

3d • Hybrid

About The Position

The GBS Divisional Senior Financial & Actuarial Consultant is a key leadership role within the Health and Benefits division. This position oversees a team of professionals, providing guidance and technical assistance to account teams and clients. The role includes delivering actuarial and underwriting expertise, mentoring team members, and driving the adoption of best practices across regions.

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.
• 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

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.

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.
• Conduct team meetings, distribute communications, and drive collaboration across branches within the region.
• Lead training programs for staff and clients 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 the 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.

Benefits

• 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
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior