For the Northeast Series, you'll find our people in the metropolitan areas spanning Washington DC, Philadelphia, New York City, Hartford, Norwalk, Boston, and Portland ME. With our unmatched work ethic, and an ability to go above and beyond to make a difference for our clients, the Northeast continues to experience double-digit (organic!) growth.
We offer a flexible & hybrid work environment that allows our Associates to split their time between in-person and remote.
Position Objective:
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.
Essential Duties:
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
General Responsibilities:
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