Senior Financial Consultant

Lockton; Boston (MA); Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Competitive total rewards package

Continuing education & training

Growth opportunities

Job summary

Lockton Northeast is seeking a Senior Financial Consultant to manage analytical responsibilities supporting producers, consultants, and client teams across Health & Welfare offerings. The role requires mentoring associates, guiding financial analytics, and driving growth of the Series with sophisticated tools and processes.

Responsibilities include leading financial workstreams, presenting to clients, and translating complex data into actionable strategic recommendations for renewals, budgeting,

Qualifications

• Bachelor’s degree in a business-related field; 8+ years in health insurance consulting, underwriting or employee benefits.
• Ability to compile, analyze, present, and interpret financial and statistical information.
• Advanced skills in financial modeling and spreadsheet calculations.
• Strong organizational and time-management skills to meet deadlines.
• Excellent verbal, written, and interpersonal communication with stakeholders.

Responsibilities

• Lead complex analytics processes with producers for new business development.
• Serve as the primary financial strategist on client teams; own financial deliverables and recommendations.
• Lead analyses and presentations for prospect opportunities and finalist meetings.
• Translate complex analyses into actionable recommendations for client decisions and strategy.
• Review claims experience reports for accuracy and client presentation.
• Develop and peer review projections using various data sources.

Skills

Financial modeling

Statistical analysis

Analytical thinking

Communication skills

Leadership/mentoring

Travel willingness

Education

Bachelor’s degree in business-related field

Tools

Excel

Job description

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.

Your Responsibilities

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
• Perform 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.