Gallagher - Senior Analyst - Financial Benefits

Role & Responsibilities:

- Apply advanced skills to evaluate and present timely experience reports that assess client financial status, including tracking expenses, funding levels, and rates by Employee Benefit Plans. Present these insights to account management teams and clients as needed.

- Analyze data from carriers to prepare accurate forecasts and provide strategic recommendations for negotiating rates and funding levels, ensuring alignment with client financial objectives and renewal projections.

- Accurately estimate reserves for Incurred But Not Reported (IBNR) claim liabilities, enabling clients to allocate appropriate funds for claims incurred during the policy period but not yet reported. Ensure these estimates align with actuarial standards and support financial stability.

- Create tailored financial and performance reports for clients, highlighting key metrics, trends, and actionable insights to support strategic decision-making.

- Demonstrate proficiency and understanding of various proprietary Models and Tools used to calculate financial results ensuring accuracy and reliability in all analyses.

- Collaborate with account management teams to develop renewal strategies that align with client goals, leveraging data-driven insights to negotiate favorable terms.

- Exhibit the ability to ensure that analysis is logical and comprehensive.

- Build strong relationships with onshore and offshore team members, collaborate effectively with cross-functional teams, and proactively address queries and concerns to ensure seamless project execution.

- Provide support to underwriting team members, including participating in on-site client meetings to address client needs and deliver tailored solutions.

Preferred candidate profile:

- Applied Statistics (Intermediate Level).

- Expertise in Advanced MS Excel & VBA.

- Experience in US Health Insurance or Group Insurance.

- Domain knowledge in Insurance / Re-Insurance.

- Excellent analytical skills.

- Good knowledge of R (Statistical Analysis).