What are the responsibilities and job description for the Managing Director- Employee Benefits Analytics and Insights position at Lockton?
Your Responsibilities
Lockton is seeking a strategic and experienced Managing Director to lead our Analytics & Insights practice. This individual will set vision and direction for the business, lead a high-performing financial analytics team, and personally advise several of our most complex clients. The Managing Director will drive growth, innovate our analytics offerings, ensure flawless delivery, and represent the practice in prospective client discussions.
Position Responsibilities
Position Qualifications
Lockton offers a competitive benefits package which includes medical, dental, vision, 401k plus match, life, salary continuation, long-term disability, wellness program, flexible spending accounts, legal benefit, identity theft protection, accident insurance, critical illness, hospital indemnity, pet insurance, and mental health benefits.
PLEASE NOTE- The salary range below is an estimate. The salary offered may vary depending on the candidate’s geographic location, job-related knowledge, experience, education, certifications, and skills.
Lockton is seeking a strategic and experienced Managing Director to lead our Analytics & Insights practice. This individual will set vision and direction for the business, lead a high-performing financial analytics team, and personally advise several of our most complex clients. The Managing Director will drive growth, innovate our analytics offerings, ensure flawless delivery, and represent the practice in prospective client discussions.
Position Responsibilities
- Define and develop the Analytics & Insights vision, roadmap, and operating model; translate strategy into execution plans, and measurable outcomes across client value, growth, quality, and team success.
- Shape the practice capabilities (advanced analytics, financial modeling, forecasting, benchmarking, reporting, and decision support) and champion innovation, strategic consulting, and data governance.
- Lead, coach, and develop a high performing team of financial consultants, actuaries, and analysts; set clear objectives, manage performance, mentor rising leaders, and oversee succession planning and career pathways.
- Serve as a consulting actuary for a select portfolio of complex clients; synthesize insights, advise on plan design, funding, risk/stop loss strategies, and multi year benefits financial strategy. Participate in prospect meetings to support converting opportunities into clients.
- Oversee methodology and a peer review structure for analytics deliverables (e.g., rate setting, contribution modeling, IBNR, trend analyses, scenario modeling, and performance dashboards) to ensure accuracy, clarity, and decision alignment.
- Optimize available resources and workload distribution to ensure accurate, on time, high quality delivery at scale; build a collaborative, inclusive culture and promote cross functional teaming.
- Develop delivery models for analytics offerings; forecast pipeline capacity and manage engagements for client satisfaction.
- Establish operating processes, best practices, templates, and standards for consistent, high quality client service and deliverables.
- Partner with series and national leaders to shape actuarial and financial strategies, tool development, and defining Lockton’s perspectives on emerging approaches and innovative solutions.
Position Qualifications
- Proven track record driving growth, improving margins, and elevating client satisfaction through analytics led solutions and high performing teams.
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Data Science, or related field; advanced degree a plus.
- Familiarity with actuarial concepts and review practices; ASA/FSA credential preferred (or equivalent experience) and ability to quality check actuarial deliverables
- 12 years in employee benefits analytics/financial consulting, health actuarial consulting, or closely related domains; 7 years leading multi disciplinary teams and managers
- Demonstrated ability to translate strategic goals into operational execution.
- Demonstrated success advising large, complex employers (5,000 employees) on plan design, pricing/funding strategies, reserves, underwriting principles, and stop loss.
- Deep fluency in benefits financial modeling (rate setting, contribution modeling, trend/variance analysis, forecasting), benchmarking, and executive level storytelling with data
- Proficiency with advanced Excel; working knowledge of statistical/analytical tools and BI visualization (e.g., Power BI/Tableau).
- Exceptional people leadership: coaching, succession planning, performance management, and team capacity planning.
- Executive presence with strong verbal, written, and presentation skills; comfortable with prospects and C suite audiences.
- Ability to attend in-person client, company, department, and team meetings as required, including industry training sessions.
- Ability to work on a computer for a prolonged amount of time.
- Ability to travel by automobile and aircraft.
- Ability to comply with all company policies and procedures, proactively protecting the confidentiality of client and company information.
- Ability to work outside of normal business hours as needed.
- Legally able to work in the United States
Lockton offers a competitive benefits package which includes medical, dental, vision, 401k plus match, life, salary continuation, long-term disability, wellness program, flexible spending accounts, legal benefit, identity theft protection, accident insurance, critical illness, hospital indemnity, pet insurance, and mental health benefits.
PLEASE NOTE- The salary range below is an estimate. The salary offered may vary depending on the candidate’s geographic location, job-related knowledge, experience, education, certifications, and skills.
