Transaction Consultant

Lockton Companies; Charlotte (NC); On-site; USD 90,000 - 120,000; Full time

Job summary

Lockton Companies is seeking an TAP Employee Benefit Consultant to support diligence for private equity transactions and existing clients. You will review data rooms, collect data, and summarize information on target benefit programs, supporting advisors and the TAP team leader.

Role emphasizes understanding transaction structures, communicating findings clearly, and collaborating with legal, actuarial, and underwriting teams. A strong background in benefits and analytics is essential.

Qualifications

• Bachelor’s degree in a business-related field or equivalent experience.
• 3–5 years of experience in employee benefits, preferably including health & welfare and retirement plans.
• Excellent project management and organizational skills.
• Strong verbal and written communication skills; ability to translate complex concepts to diverse audiences.
• Advanced proficiency with Word, Excel, and PowerPoint; ability to learn Lockton tech tools quickly.

Responsibilities

• Assist in managing the employee benefits due diligence process for private equity and corporate clients.
• Compile, analyze, present, and interpret employee benefits and financial information with high accuracy.
• Review documentation to identify and quantify deal-impactful issues for a financial buyer.
• Coordinate with other due diligence streams (legal, quality of earnings, business strategy).
• Develop diligence findings and write the due diligence report; participate in read-out calls with buyers.

Skills

Project management

Verbal communication

Written communication

Excel

Education

Bachelor’s degree in business-related field

Tools

Word

Excel

PowerPoint

Virtual data rooms / Lockton tools

Job description

Charlotte, North Carolina, 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.

The Transaction Advisory Practice (TAP) provides consultative employee benefits due diligence services to the private equity community and Lockton’s existing client base. This team of experienced professionals provides a comprehensive assessment of the financial impact of insurance and employee benefits on a potential acquisition from both a purchase price and ongoing operational perspective.

The TAP Employee Benefit Consultant will provide support to the Transaction Advisors and TAP Team Leader by reviewing virtual data rooms, collecting data, and summarizing the information provided by the target corporation. Gaining a thorough understanding of the structure of each transaction and the target entity’s benefit programs, as well as the ability to succinctly summarize and analyze this information using a variety of tools and spreadsheets are integral components to this position.

Role Responsibilities

• Responsible for assisting in the management of the employee benefits due diligence process for our private equity and corporate clients, including:
• Responsibility to compile, analyze, present, and interpret employee benefits and financial information, accurately and with attention to details for review and presentation by the TAP Transaction Advisor
• Reviewing and analyzing applicable documentation with an eye for identifying and quantifying deal impactful issues relevant to a financial buyer;
• Assisting with coordination with other third party due diligence work streams, including legal, quality of earnings analysis and business strategy;
• Ongoing development of understanding of financial statements in relation to employee benefits concepts;
• Ability to handle non-complex diligence engagements unassisted over time with oversight from TAP Advisor
• Soliciting subject matter expertise, where necessary, from internal Lockton resources include legal and actuarial team as needed
• Assisting in and at times taking full responsibility for developing our diligence findings and writing the due diligence report
• Participating in and at times leading the “read out” calls with the private equity buyer (i.e. presenting our report findings)
• Coordinate with Lockton’s Transactional Liability (TL) team for underwriting questions on reps and warranties insurance that stem from our due diligence.
• Responsible for liaising with Lockton service teams and the client on the transition of new business to Lockton
• Proactively makes alterations to processes and procedures to enhance quality and efficiency, exemplifying the ability to stray from established procedures.
• Performs other responsibilities and duties as needed.

Time Management and Organization: Uses a range of skills, tools, and techniques to manage time when accomplishing specific tasks, projects and goals; this includes planning, allocating, setting goals, delegation, analysis of time spent, monitoring, organizing, scheduling, and prioritizing

Professionalism: Conducts oneself in a polite and respectful manner and demonstrates good judgment when dealing with prospects, internal and external clients

Client Focus: Practices Lockton’s motto, “We Live Service,” while serving Clients’ needs, nurturing effective Client relationships, and contributing to the overall success and satisfaction of Lockton

Reliability: Completes tasks and job functions on time, while meeting or exceeding expectations; carries a trusted reputation for dependability, honesty, consistency, and commitment.

Communication: Expresses ideas clearly, listens effectively, shares information appropriately, demonstrates interpersonal skills, and resolves conflict as needed

Industry Knowledge: Stays current on issues impacting the industry by maintaining expertise in functional area

Qualifications

Bachelor’s degree in a business-related field or equivalent experience and/or work experience.

3-5 years of experience in the employee benefits industry, preferably inclusive of both health & welfare and retirement plans. M&A, actuarial, or underwriting experience would be a bonus.

Excellent project management and organizational skills. Proven ability in managing multiple projects to successful completion

Strong verbal and written communication skills, and the ability to translate employee benefits, retirement, financial and legal concepts to disparate audiences.

Advanced proficiency with Word, Excel, and PowerPoint, and the ability to quickly learn to effectively use various virtual datasites and Lockton technology tools.

Excellent customer service skills, with the ability to develop sound relationships with multiple clients.

Ability to attend company, department, and team meetings as required, including industry training sessions

Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information

Ability to work on a computer for a prolonged amount of time

Ability to work outside of normal business hours as needed

Ability to successfully adapt in a dynamic, changing, fast-paced environment.

Willingness and ability to expand knowledge and effectiveness in employee benefits through classes, workshops, and pursuit of professional designations.

Demonstration of the Lockton culture consistent with the organization’s mission statement and philosophies.

Legally able to work in the United States

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.