Financial and Actuarial Analyst

Gallagher • Warrenville, IL

1d

About The Position

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. If you’re looking for a place where your contribution matters and where you can help build a better world of work; think of Gallagher.

Requirements

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

Nice To Haves

• Advanced Excel Skills.
• Math or Finance degree preferred.

Responsibilities

• Demonstrate proficiency at collection of required data and materials needed for the successful completion of various projects at direction and under supervision of team leaders.
• Analyzing data from carriers on clients, and provide recommendations to account management teams or to clients, in order to effectively negotiate rates and funding levels.
• Preparing, analyzing and consulting on various client deliverables, as defined by the scope of services of the analytics team.
• Demonstrate understanding of whether or not analysis “makes sense”; can think beyond the numbers on the page
• Maintain workflow tracking application or logs, as established by management and departmental guidelines and protocol.
• Competently and independently review contract documents such as SPDs, administrative agreements, claim exclusions and limitations, etc. in order to determine impact on financial reports.
• Actively participate in and utilize the peer review process, per departmental guidelines.
• Conduct any activity for special assignments as assigned by management.
• Coordinate with and be able to adapt to differences in carriers' underwriting and report teams with regards to managing the planning, timelines, formatting, etc. related to data needed in order to complete requested reports / projects.
• Assess employer's health insurance benefits to understand benefit packages and accurately compare plans and premiums between carriers.
• Apply skills in order to evaluate monthly, quarterly and annual reports that measure client financial status, track expenses by product line, renewal projections, funding levels and rates, etc. to the Account Management teams and to clients when necessary.
• In conjunction with the benefits consulting and the client teams, responsible for assisting with collecting data and preparing reports, to demonstrate financial status for identified clients.

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: Mid Level