Financial Consultant

Marsh McLennan Agency; Conshohocken (Montgomery County); Hybrid; USD 65,000 - 120,000; Full time

Job summary

Marsh McLennan Agency’s East Region is seeking a Financial Consultant to partner with Account Teams on complex financial analyses of employee benefit programs. This hybrid role is based out of Conshohocken, PA, and offers ongoing exposure to risk management, pricing strategies, and client-focused design decisions.

The role requires a Bachelor’s degree in a related field and at least 3 years in benefits brokerage or insurance, plus advanced Excel skills.

Qualifications

• Bachelor’s degree required or the equivalent work experience.
• Minimum of 3 year’s experience in the Benefits Brokerage, Consulting or Insurance industry is preferred.
• Intermediate working knowledge of MS Excel (pivot tables, macros, and intermediate formulas).
• Effective analytical, math and problem solving skills, sound judgment, strong decision making ability, confidence to make difficult decisions and excellent communication skills.
• Must be organized, detail oriented and able to translate big picture ideas into client objectives.

Responsibilities

• Perform financial, and risk analysis support for internal sales teams and their respective consulting clients.
• Conduct employee benefit due diligence projects for clients and portfolio companies.
• Assist account teams with coordination and implementation of employee benefit programs for carve out transactions.
• Provide the definition of clients’ employee contribution modeling and strategies.
• Responsible for the evaluation, determination and recommendation of alternative coverage, pricing options, and plan design changes based on economic analysis of available plan elements related to client goals.
• Perform various reporting for plan change evaluations, budget and reserve calculations, and other on-going reviews.
• Participate in prospective client data analysis and presentations.
• Maintain quality service standards and organization to assure timely service to MMA East team.
• Research and remain abreast of the dynamic, competitive insurance environment, new and complex insurance projects, and constantly changing legislation that governs business.

Skills

Analytical skills

Communication skills

Detail oriented

Teamwork

Education

Bachelor's Degree in Risk Management, Insurance, Actuary, Mathematics or related field

Tools

MS Excel (Advanced)

MS Word (Intermediate)

Access (Intermediate)

MS Office Suite

Job description

Marsh McLennan Agency’s East Region is a leader in the employee benefits marketplace. Our associates simplify employee health and welfare benefits and risk management for regional, national, Fortune 500 and Fortune 1000 companies.

We value integrity, collaboration, passion, innovation, and accountability, and we are committed to making a difference in the moments that matter for our colleagues, clients, and communities.

The primary role of the Financial Consultant is to work with the Account Teams on assigned cases, providing complex financial analysis and utilizing modeling tools to evaluate benefit programs and their impact on overall business objectives, including the management and control of client risks and losses.

ESSENTIAL DUTIES AND RESPONSIBILITIES

include, but are not limited, to the following:

• Perform financial, and risk analysis support for internal sales teams and their respective consulting clients;
• Conduct employee benefit due diligence projects for clients and portfolio companies;
• Assist account teams with coordination and implementation of employee benefit programs for carve out transactions;
• Provide the definition of clients’ employee contribution modeling and strategies;
• Responsible for the evaluation, determination and recommendation of alternative coverage, pricing options, and plan design changes based on economic analysis of available plan elements related to client goals;
• Perform various reporting for plan change evaluations, budget and reserve calculations, and other on-going reviews;
• Participate in prospective client data analysis and presentations;
• Maintain quality service standards and organization to assure timely service to MMA East team;
• Research and remain abreast of the dynamic, competitive insurance environment, new and complex insurance projects, and constantly changing legislation that governs business.

REQUIRED EDUCATION AND EXPERIENCE

• Bachelor’s Degree in Risk Management, Insurance, Actuary, Mathematics and/or other related field is required or the equivalent work experience;
• Minimum of 3 year’s experience in the Benefits Brokerage, Consulting or Insurance industry is preferred;
• Intermediate working knowledge of MS Excel is required (i.e. ability to perform pivot tables, macros, and intermediate formulas);
• Effective analytical, math and problem solving skills, sound judgment, strong decision making ability, confidence to make difficult decisions and excellent communication skills;
• Must be organized, detail oriented and able to translate big picture ideas into client objectives.

Knowledge, Skills And Abilities

• Strong organizational, analytical skills and strong attention to detail;
• Excellent troubleshooting, decision making and problem solving skills;
• Must have strong negotiation and persuasion skills.
• Must be a goal oriented self-starter
• Solid interpersonal, verbal and written communication skills;
• Ability to work well independently and as a team member;
• Ability to multitask and successfully operate in a fast-paced work environment;
• Ability to prioritize projects and meet deadlines;
• Ability to follow through on and successfully execute tasks while adhering to specified quality standards;
• Demonstrated ability to provide superior customer service and maintain positive relationships with client contacts;
• Proficiency in Microsoft Office Suite, including MS Word (intermediate), Excel (advanced) and Access (intermediate).
• Proficiency in use of PC such as keyboard skills and electronic folder/file organization and management;
• Aptitude for learning internal systems, applications and internal work flow of the department;
• Must be able to effectively interact and deal with people at all levels inside and outside of the company.

WORK LOCATION

• Work is typically performed in a hybrid manner based out of our Conshohocken, PA, office.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [e-mail]

The applicable base salary range for this role is $64,700 to $120,400. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Applications will be accepted until: October 30, 2026