Senior Financial Consultant

Lockton•Boston, MA

23h•Hybrid

About The Position

The Northeast Series of Lockton Companies is currently seeking a Senior Financial Consultant to handle a diverse range of analytical responsibilities in support of producers, consultants and client teams associated with all Health & Welfare product offerings. They will lead and mentor other associates in development of their financial acumen and support the continued growth of the Series regarding tools and behaviors associated with financial analytics. Lockton is committed to advancing diversity and inclusion. We have a dynamic entrepreneurial culture in which our people are empowered to make a difference to better serve client needs. We are committed to giving back to our communities and we are invested in your success.

Requirements

Bachelor’s degree in a business-related program with a preference for degrees in math, statistics, or finance PLUS a minimum of 8 years of experience in the health insurance consulting, underwriting or employee benefits arena
Must have the ability to compile, analyze, present, and interpret financial and statistical information to facilitate decision making
High skill in using computer application software for financial modeling, statistical analysis, and spreadsheet calculations required
Organizational and time management skills to prioritize workloads to meet time sensitive deadlines required. Must be results-oriented, with the ability to change priorities as needed
Must have above-average verbal, written, and interpersonal skills to interact with Associates at all levels of responsibility, and with Lockton clients and prospects, with tact and diplomacy
Willingness and ability to expand knowledge and effectiveness in the benefits industry by successful completion of benefits-related courses required
Must have the ability to work independently and supervise/guide others
Must have the ability to coordinate workflow for an office related to financial analytics
Ability to travel
Must be legally authorized to work in the United States and not require sponsorship, now or in the future

Responsibilities

Lead complex analytics processes working with Lockton producers related to new business development for the series
Lead financial workstreams and serve as the primary financial strategist on assigned client teams, maintaining final ownership of financial deliverables and recommendations
Lead financial analyses and presentations for prospect opportunities and finalist meetings, serving as the primary financial representative when appropriate
Translate complex financial analyses into actionable recommendations that support client decision-making and long-term strategy
Review claims experience reports to ensure accuracy and consistency for client presentation
Develop and peer review claims projections using various sources of information for client presentation
Complete peer review and present complex financial projects
Model various plan designs and value plan changes
Collaborate with specialty practices and core service team members to develop integrated solutions that support client objectives
Communicate complex financial concepts effectively to non-financial audiences and senior client stakeholders
Review renewals, prepare renewal and budget reports, and assist in renewal negotiations
Develop comprehensive health insurance underwriting knowledge including strategic approaches to health care cost management
Monitor emerging industry trends, market dynamics, and client performance indicators to support strategic recommendations and internal knowledge sharing
Independently attend meetings with client to present projection/renewal results, as needed, function as financial leader for complex client relationships
Act as a Facilitator between teams to create consistencies amongst the various reports and processes being monitored
Provide coaching, feedback, and career development support to Financial Analysts and Senior Financial Analysts on client teams
Provide and facilitate associate training on all components of financials
Assist teams with financial analytics related to emerging and changing regulatory issues
Assist with analysis related to M&A activities including financial due diligence, harmonization, and proforma budget development for both existing clients and prospects
Perform special projects as necessary
Make a positive contribution to customer satisfaction and constantly strive to improve service to the customer
Communicate in a positive manner to contribute to a cohesive, pleasant work environment
Protect the confidentiality of information learned by performing the duties of the position
Comply with Lockton procedures and policies
Attend and present at company, department, and staff meetings as required
Attend position related seminars/classes as required
Perform other work-related duties as assigned