Transaction Consultant

Lockton•Charlotte, NC

About The Position

The Transaction Advisory Practice (TAP) provides consultative employee benefits due diligence services to the private equity community and Lockton’s existing client base. This team of experienced professionals provides a comprehensive assessment of the financial impact of insurance and employee benefits on a potential acquisition from both a purchase price and ongoing operational perspective. The TAP Employee Benefit Consultant will provide support to the Transaction Advisors and TAP Team Leader by reviewing virtual data rooms, collecting data, and summarizing the information provided by the target corporation. Gaining a thorough understanding of the structure of each transaction and the target entity’s benefit programs, as well as the ability to succinctly summarize and analyze this information using a variety of tools and spreadsheets are integral components to this position.

Requirements

Bachelor’s degree in a business-related field or equivalent experience and/or work experience.
3-5 years of experience in the employee benefits industry, preferably inclusive of both health & welfare and retirement plans.
Excellent project management and organizational skills.
Proven ability in managing multiple projects to successful completion.
Strong verbal and written communication skills, and the ability to translate employee benefits, retirement, financial and legal concepts to disparate audiences.
Advanced proficiency with Word, Excel, and PowerPoint, and the ability to quickly learn to effectively use various virtual datasites and Lockton technology tools.
Excellent customer service skills, with the ability to develop sound relationships with multiple clients.
Ability to attend company, department, and team meetings as required, including industry training sessions.
Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information.
Ability to work on a computer for a prolonged amount of time.
Ability to work outside of normal business hours as needed.
Ability to successfully adapt in a dynamic, changing, fast-paced environment.
Willingness and ability to expand knowledge and effectiveness in employee benefits through classes, workshops, and pursuit of professional designations.
Demonstration of the Lockton culture consistent with the organization’s mission statement and philosophies.
Legally able to work in the United States.

Nice To Haves

M&A, actuarial, or underwriting experience would be a bonus.

Responsibilities

Assisting in the management of the employee benefits due diligence process for our private equity and corporate clients.
Compile, analyze, present, and interpret employee benefits and financial information, accurately and with attention to details for review and presentation by the TAP Transaction Advisor.
Reviewing and analyzing applicable documentation with an eye for identifying and quantifying deal impactful issues relevant to a financial buyer.
Assisting with coordination with other third party due diligence work streams, including legal, quality of earnings analysis and business strategy.
Ongoing development of understanding of financial statements in relation to employee benefits concepts.
Ability to handle non-complex diligence engagements unassisted over time with oversight from TAP Advisor.
Soliciting subject matter expertise, where necessary, from internal Lockton resources include legal and actuarial team as needed.
Assisting in and at times taking full responsibility for developing our diligence findings and writing the due diligence report.
Participating in and at times leading the “read out” calls with the private equity buyer (i.e. presenting our report findings).
Coordinate with Lockton’s Transactional Liability (TL) team for underwriting questions on reps and warranties insurance that stem from our due diligence.
Responsible for liaising with Lockton service teams and the client on the transition of new business to Lockton.
Proactively makes alterations to processes and procedures to enhance quality and efficiency, exemplifying the ability to stray from established procedures.
Performs other responsibilities and duties as needed.