Financial Consultant – Underwriter

The primary role of the Financial Consultant is to work with the Account Teams, exercising discretion and independent judgment, providing 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. This role includes the additional responsibility of providing guidance and mentoring to the Financial Analysts and Associate Financial Analysts.

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:

– Bachelors Degree in Risk Management, Insurance, Actuary, Mathematics and/or other related field is required or the equivalent work experience;
– Minimum of 3 years of experience in the Benefits Brokerage, Consulting, or Insurance industry is preferred with an emphasis on Life & Disability;
– 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.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

– The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the ssential functions.
– While performing the duties of this job, the employee is:
– Frequently required to sit; speak or hear; use hands to finger, handle, feel objects, and reach with hands and arms;
– Occasionally required to stand and walk;
– Extensive use of computer and keyboard and viewing of computer screen is required;
– Specific vision abilities required by this job include vision, and ability to adjust focus.
– Other working conditions are normal for an office environment.

WORK LOCATION

– Work is typically performed either in a hybrid manner based out of our MMA Easts Conshohocken, PA office.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. Marsh & McLennan Agency offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://marshmma.com/careers.