Financial Consultant - Absence, Disability & Life

About the role

Marsh McLennan Agency's East Region, a leader in the employee benefits marketplace, is hiring a Financial Consultant for its Conshohocken office. You will help shape benefit programs for large employers (5,000+ employees) using data, modeling and business problem solving, supporting the Financial Services teams in analyzing financial and claims data and turning insights into recommendations.

Key responsibilities

• Analyze financial and claims data, build pricing and forecast models, and turn insights into recommendations on cost, risk and employee experience.
• Work on Short Term and Long Term Disability, Life Insurance, Absence and leave management (FMLA, company leave administration), AD&D, statutory disability, Paid Family Medical Leave and Time Away Benefits.
• Translate complex plan designs and data into clear underwriting results used by clients to make benefit decisions.
• Build and refine pricing and forecast models showing the cost and risk impact of benefit programs.
• Deliver accurate, on-time underwriting for large, high-visibility clients.
• Spot trends in claims experience and performance and help shape solutions that reduce risk.
• Project Life, Absence and Disability renewals, negotiate rates and plan options, and collaborate on RFPs for these programs.
• Stay current on the insurance market, client needs, underwriting best practices and relevant laws and regulations.

Required profile

• Bachelor's degree in risk management and insurance, actuarial science, mathematics or a related field.
• Minimum of 5 years' underwriting experience in a benefits brokerage, consulting or insurance firm highly preferred.
• Experience with different funding mechanisms (self-funded, insured, etc.) preferred.

Required skills

• Intermediate to advanced working knowledge of MS Excel and MS PowerPoint preferred.
• Comfort with numbers, financial analysis and drawing narratives from data.
• Experience with Excel and modeling tools.
• Ability to work independently and in a team, and to communicate complex ideas clearly.

What we offer

• Base salary of $99,400 to $158,900, depending on experience, skills, location, certifications and education.
• Possible performance-based incentives.
• Health and welfare benefits, tuition assistance, 401K and other retirement programs, and employee assistance programs.
• Work typically remote or hybrid, at the Conshohocken office or client sites as required.