Financial and Actuarial Consultant

Gallagher•Bloomfield Hills, MI

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. At Gallagher, we help businesses grow, communities thrive, and people prosper. As a Financial Actuarial Consultant, you’ll use your analytical skills to guide clients and teams in making informed decisions. You’ll be part of a collaborative and ethical team that values innovation and service.

Requirements

Bachelor’s degree
3 years related experience
Demonstrates strong Communication skills
Analytical skills
Attention to detail
Financial acumen
Business acumen

Nice To Haves

Membership of the Society of Actuaries (SOA) with a designation of Associate, Society of Actuaries (ASA)
Membership of the Institute and Faculty of Actuaries (IFoA)
Strong exam progress towards, or qualification as, Fellow Society of Actuaries (FSA)
Qualification as Fellow of the IFoA (FIA or equivalent)

Responsibilities

Preparation and interpretation of risk data, design of insurance or retirement plans, calculation of plan premiums, determining cash reserves and premium rates necessary to ensure sufficient funds for benefits payment and profitability.
Primarily focused on participating in projects counseling management and advising on retirement, benefit, or underwriting projects that require actuarial or mathematical techniques to determine appropriate courses of action.
Participates in the rate-making, reserving, and risk evaluation functions.
Assures preparation and interpretation of data for complex purposes and external stakeholders.
Determines rates of mortality, sickness, retirement, etc. based on analysis of statistical data.
Checks actuarial calculations and reports, ensuring technical accuracy and compliance.
Manages and conducts research projects and communicates findings to others under minimal supervision.
Provides administrative/technical support to actuarial staff (for example, by preparing and analyzing statistical reports of data).
May act as an actuarial liaison to other departments.
Interaction with clients, developing relationships.
Responsible for adjusting or recommending solutions in account issues to solve problems or improve effectiveness of client solution.
Problems may require understanding of other function areas.
Problems are typically solved through drawing from prior experiences, with analysis of the issue.
Works under supervision and direction from more senior level roles.
Works to achieve client and project targets with direct impact on client and department results.
Works independently or with a team on larger, low to moderately complex client projects/ engagements.
May train new team members.

Benefits

Competitive and comprehensive compensation package
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