Senior Financial Consultant

Lockton Companies; Boston (MA); Hybrid; USD 120,000 - 190,000; Full time

Benefits offered by this job

Competitive rewards package

Continuing education & training

Growth opportunities

Job summary

Lockton Northeast is seeking a Senior Financial Consultant to lead financial analytics for Health & Welfare products. You will mentor associates, drive analytical workstreams, and present financial insights to clients and producers.

The role emphasizes strategic financial recommendations and collaboration across client teams. The position offers a flexible, hybrid work environment across major metro areas, including Boston, with opportunities to develop financial acumen and client relationships

Qualifications

• Bachelor's degree in a business-related program with significant experience in health insurance consulting or employee benefits
• Ability to compile, analyze, present, and interpret financial data to facilitate decision making
• Strong skills in financial modeling, statistics, and spreadsheet calculations

Responsibilities

• Lead complex analytics processes with producers for new business development
• Serve as the primary financial strategist on client teams, owning financial deliverables and recommendations
• Develop and present financial analyses for prospect opportunities and renewal meetings
• Translate complex financial analyses into actionable recommendations for client decisions
• Review claims experience reports for accuracy and client presentation
• Model plan designs and value changes; peer review complex financial projects

Skills

Financial analytics

Financial modeling

Leadership

Stakeholder communication

Presentations

Education

Bachelor's degree in business/finance

Tools

Excel

Job description

Boston, Massachusetts, United States of America

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

Secondary locations

Philadelphia, New York City, Hartford, Washington DC

About Lockton Northeast:
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.

• 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 requiredPerform other work-related duties as assigned

Qualifications

• Bachelor’s degree in a business-related program with a preference for degrees in math, statistics, or finance PLUS a minimum of 8 years of experience in the health insurance consulting, underwriting or employee benefits arena
• Must have the ability to compile, analyze, present, and interpret financial and statistical information to facilitate decision making
• High skill in using computer application software for financial modeling, statistical analysis, and spreadsheet calculations required
• Organizational and time management skills to prioritize workloads to meet time sensitive deadlines required. Must be results-oriented, with the ability to change priorities as needed
• Must have above-average verbal, written, and interpersonal skills to interact with Associates at all levels of responsibility, and with Lockton clients and prospects, with tact and diplomacy
• Willingness and ability to expand knowledge and effectiveness in the benefits industry by successful completion of benefits-related courses required
• Must have the ability to work independently and supervise/guide others
• Must have the ability to coordinate workflow for an office related to financial analytics
• Ability to travel
• Must be legally authorized to work in the United States and not require sponsorship, now or in the future

Benefits
Lockton is committed to advancing diversity and inclusion. We have a dynamic entrepreneurial culture in which our people are empowered to make a difference to better serve client needs. We are committed to giving back to our communities and we are invested in your success.

We offer acompetitivetotal rewards package, continuing education & training, and tremendous potential with agrowingorganization.

Equal Opportunity Statement

Lockton Companies is proud to provide everyone anequal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learnsfrom, celebrates and thrives because of ourbreadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 13,100+ Associates doing business in over 155 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.