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Financial and Actuarial Consultant

Job

Arthur J. Gallagher & Co.

Cleveland, OH (In Person)

Full-Time

Posted 4 days ago (Updated 18 hours ago) • Actively hiring

Expires 7/4/2026

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Job Description

Introduction At Gallagher Benefit Services, you re a trusted partner to organizations navigating some of their most important people decisions. We help clients build better workplaces, where people feel supported, empowered, and inspired to thrive. Whether it s shaping benefit strategies, designing wellbeing programs, or advising on workforce challenges, the work you do here creates meaningful change for businesses and the people who power them. We re a community of bold explorers, trusted experts, and compassionate partners; working side by side to solve problems, and shape the future of work. Here, curiosity is encouraged, collaboration is second nature, and your ideas have room to grow. If you re looking for a place where your contribution matters and where you can help build a better world of work; think of Gallagher. How you'll make an impact Evaluate and present monthly, quarterly and annual reports that measure client financial status, track expenses by product line, renewal projections, funding levels and rates, etc. to the Account Management teams and to clients when necessary. Demonstrate proficiency and understanding of various proprietary Models and Tools used to calculate financial results. Analyze data from carriers on clients, and provide recommendations to account management teams or to clients, in order to effectively negotiate rates and funding levels. Prepare, analyze and consult on various client deliverables, as defined by the scope of services of the Financial Benefits Consulting team. Maintain workflow tracking application or logs, as established by management and departmental guidelines and protocol. Oversee the review of contract documents such as plan descriptions, administrative agreements, claim exclusions and limitations, etc. that may impact financial reports. Identify training opportunities in this regard for subordinates on the team. Evaluate, assign, monitor and peer review reports generated by Financial Benefits Consulting team subordinates, when requested by various Gallagher staff. Serve as a resource to branch office staff in order to provide resolution of complex underwriting problems and questions delivered by Client Fits Consulting team. Stay abreast of what's happening in local markets, to make certain that each branch is given the tools needed to stay competitive in their communities. Assist in the preparation of presentations, campaigns, communication materials, newsletters, etc. to internal staff and clients / prospects regarding Financial Benefits Consulting policies and scope of services. Oversee communication from Analyst positions regarding processes and data needed to effectively analyze client financial status. Peer review and make suggestions for materials and notices shared across the region and/or divisional Financial Benefits Consulting team. About You Bachelor s degree in finance, Mathematics, Statistics, or a related field of study, AND Five (5) Years of experience in the job offered or a related occupation in which the required experience was gained. Position also requires demonstrated experience in the following: Passing of at least 2 of the following actuarial examinations towards obtaining an Associate of Society of Actuaries certification: P, FM, FAM, SRM, PA, ALTAM or ASTAM Microsoft Excel with VBA Familiarity HealthCare Consulting/Communication US HealthCare System and Regulations Actuarial Modeling and Forecasting HealthCare Data Analytics and Reporting Technology & Tools Proficiency - Plan Rating Models, Monte Carlo Simulation Negotiation & Market Placement Risk Management - Stop Loss, Self-Funding vs Fully-Insured To apply: email resume to Careers at Gallagher, CareersatGallagher@ajg.com, OR submit a resume to https://ohiomeansjobs.ohio.gov/, OR submit a resume to https://jobs.ajg.com/ajg-home. Must reference
Job Title & Job Code:
000470. EOE. Compensation and benefits We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. Below are the minimum core benefits you ll get, depending on your job level these benefits may improve: Medical/dental/vision plans, which start from day one! Life and accident insurance 401(K) and Roth options Tax-advantaged accounts (HSA, FSA) Educational expense reimbursement Paid parental leave Other benefits include: Digital mental health services (Talkspace) Flexible work hours (availability varies by office and job function) Training programs Gallagher Thrive program - elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing Charitable matching gift program And more... •The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process. We value inclusion and diversity Click Here to review our U.S. Eligibility Requirements Inclusion and diversity (I&D) is a core part of our business, and it s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work. Gallagher embraces our employees diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest. Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as protected characteristics ) by applicable federal, state, or local laws. Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.