Sr. Financial & Actuarial Consultant (ASA/FSA)

Gallagher•Brentwood, TN

22h•Hybrid

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. Primary focus of role is to act as a regional actuary and provide guidance and assistance to account teams and clients as a subject matter expert across the region. Candidate will provide actuarial consulting and expertise using Gallagher financial decision making tools, participate in or conduct client-facing meetings when appropriate, speak effectively on behalf of the Financial & Actuarial Consulting team regarding core services, and act as a mentor/coach to others on the team.

Requirements

Bachelor’s degree, (financial / math preferred)
Actuarial Designation: ASA with 10 years of experience or FSA with 8 years of experience in either Broker/Consultant or Carrier environment with a focus on healthcare
High degree of understanding of employee benefits principles and funding mechanisms
Must show competency with Microsoft Office, and be able to work in a Windows environment
Must have advanced Microsoft Excel skills- Effectively write and use formulas
Must be highly organized in order to prioritize and meet deadline
Strong and effective follow through process
Must be able to persuade others to provide items needed to complete this job within pre-established timeframes
Must be familiar with carrier reporting systems
Ability to prioritize and effectively communicate to manage expectations
Must have developed superior problem solving and analytical skills that allow tasks to be completed without supervision
Must be able to prioritize tasks and to multi-task effectively so that deadlines are met and schedules are maintained smoothly
Ability to communicate effectively in fast pace work environment
Excellent communication skills (both orally and in writing)
Must be able to persuade others to provide items needed to complete this job within pre-established timeframes
Support corporate, region and/or Divisional initiatives
Ability to negotiate and effectively communicate to manage expectations
Initiative to continue growing personally and professionally as our industry changes and business need changes
Must demonstrate ability to work professionally as a team member in a group with diverse backgrounds
Must show demonstrated ability to lead/manage others which includes effective delegation
Participate in and assist with conducting regularly scheduled Financial & Actuarial Consulting team meetings; lead branch or regional actuarial calls
Develop and maintain strong working relationships with all internal and external partners by demonstrating customer focus and work ethic, thereby establishing an environment of trust and reliability
Provide assistance as needed to any member of the Financial & Actuarial Consulting team or to any branch location to the extent possible including on site client meetings or prospect meetings
Effectively navigate through conflict
Build and maintain positive relationship with outside vendors
Coaching and mentoring team members
Effective communication with all levels of internal and external client personnel
Lead and facilitate client meetings independently
Mentor and develop less experienced staff
Participate in team meeting trainings
Solutions focused approach for addressing and resolving internal and external challenges

Responsibilities

Apply advanced skills in order to provide and present monthly, quarterly and annual reports that measure client’s healthcare plans financial status, provide renewal projections, analyze cost sharing, evaluate vendor renewals, appropriately set IBNR levels, and additional actuarial work associated with US health plans
Speak to and explain concepts and economic conditions to account management team and clients regarding all deliverables
Provide mentorship and training to student actuaries and non-actuaries on the Financial & Actuarial Consulting team
Maintain knowledge of current economic conditions that impact clients, and ensure relevant communications are shared with other actuaries in region
Maintain proficiency and understanding of various proprietary models and tools
Analyze data from carriers on complex clients and provide recommendations to Account Management teams or to clients
Prepare, analyze and consult on various client deliverables, as defined by the scope of services of the Financial & Actuarial Consulting team
Conduct ad-hoc financial analysis for clients as assigned by management
Maintain workflow tracking application or logs, as established by management and departmental guidelines and protocol
Follow Gallagher Peer Review Standards, and assist with mentoring and promotion of peer review for all work conducted by Financial & Actuarial Consulting team members
Demonstrate competence with collection of required data and materials needed for the successful completion of various projects with minimal supervision
Serve as an expert resource to branch office staff and region, in order to contribute toward measurable ROI of services and retention of client
Assist in the preparation of presentations, communication materials, newsletters, etc. to internal staff and clients / prospects regarding underwriting policies and scope of services under the direction of the Divisional FAC Center of Excellence Leadership
Proficient and compliant with internal systems
Strong oral and written communications and presentations
Manage complex and shifting client work with escalated service issues to productive outcome
Have ability to peer review and make suggestions for materials and notices shared across the region and/or Divisional FAC COE Leadership
Independently and successfully manage client accounts and workload
Be able to effectively articulate the format, content, and logic of all financial analysis and underwriting tools and client reports
Demonstrate ability to work with broad and unscheduled assignments that require originality and ingenuity and to develop best practices from experiences
Presents new ideas/processes for client improved deliverables as well as improved team efficiency

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