Hybrid Benefits Financial Analyst & Strategy 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 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.