Senior Financial Analyst - Healthcare Vertica.

Chicago, Illinois, 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.

Lockton is a global professional services firm with 6,500 Associates who advise clients on protecting their people, property and reputations. Lockton has grown to become the world's largest privately held, independent insurance broker by helping clients achieve their business objectives. To see the latest insights from Lockton's experts, check Lockton Market Update .

A few of the reasons Associates love working at Lockton include:

• Opportunities for growth and advancement, including paid training and professional development
• 12-week paid parental leave
• A huge emphasis on community involvement
• Frequent athletic and wellness events
• Incredibly generous rewards; US Associates receive a Rolex for their 10 year anniversary!

Houston, Dallas, St. Louis, Kansas City, Minneapolis, Nashville

The Senior Financial Analyst contributes to development, delivery and related consulting on health and welfare financial work for healthcare-related organizations in Lockton’s newly, formalized Healthcare Practice spanning the Dunning, Founders, and Midwest Series. The initial focus of this healthcare industry vertical is on hospitals and health systems with additional segments including but not limited to specialty practices, integrated delivery systems, and third-party healthcare solution providers.

They will leverage and analyze data in collaboration with other financial and client service team members to prepare and deliver comprehensive financial reporting and insights for clients related to their health benefit plans. The ideal candidate will demonstrate a high level of professionalism, possess the ability to work well in a fast-paced environment and the flexibility to easily adapt to changing priorities.
Essential Duties

• Financial analysis for healthcare industry employer group health plans including ongoing claim reporting, rate setting, contribution development and plan design modeling

• Leverage existing models to assist in analysis and illustration of client health plan financial patterns and outcomes. As needed, contribute to custom reports and analysis for specific needs associated with healthcare industry clients

• Evaluate benefits utilization and claims data to assist clients in developing cost management and health risk management strategies

• Proactively looking at multiple data sources for ongoing benchmarking and storytelling

• Prepare spreadsheets, graphs, charts, diagrams, and other illustrative tools for presentations and reports

• Support development of health plan reserve estimates for self-funded clients

• Participate in client meetings as needed, delivering financial information and results

• Assist service teams with development and evaluation of carrier RFPs for all coverage lines, including modeling of network changes and payment alternatives

• Provide financial modeling and support for prospects

• Assist in creation of consistent financial deliverables across Series, facilitating consistent Lockton brand and enabling strong vendor partnerships in the healthcare space

• Perform special projects as necessary

• Keep informed of insurance industry developments and products available in the marketplace

• Bachelor’s degree required (major in Finance, Statistics, Math, or related field preferred)

• 4+ years of group health benefits experience at a brokerage/consulting firm or insurance carrier with focus on underwriting/financial analysis

• Some familiarity with features of healthcare system health plans, including domestic tiering, claims repricing, custom networks, and direct contracting beneficial

• Actuarial accreditations welcome; exam support available for candidates…