Financial Analyst - Financial Operations

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.

The Financial Analyst – Financial Operations is responsible for understanding, executing, and improving several organizational processes at GBS, most important of which is administration of our Producer Incentive Compensation Program. These tasks will be approached cross‑functionally leveraging both strategic finance partners and key branch stakeholders to ensure all processes are implemented successfully and branches are properly funded for producer compensation expenses.

Additionally, there are opportunities to investigate efficiencies within known processes or create new SOPs to address any unresolved issues impacting day‑to‑day business.

• Compile producer books of business for review and analysis of annual compensation calculations
• Analyze and investigate large variances for accuracy or to understand causal drivers
• Communicate results to branch leadership with a focus on management understanding and agreement
• Work cross‑functionally to resolve any unexpected results or producer disputes so appropriate action can be taken
• Ensure all stakeholders are in agreement and that all discrepancies are resolved before final processing
• Additional compensation administration/analysis is a core responsibility of the role

• Understand producer assignments within respective producer books of business across region or division
• Communicate with strategic finance team and business partners to determine requisite producer assignment changes
• Understand structure of GBS business and client needs to facilitate analysis and manage practice area case assignment changes
• Work cross‑functionally with accounting solutions team to prepare and execute requested changes
• Analyze and explain results to strategic finance partners and branch stakeholders so any change(s) to books are understood and impacts can be acted upon as necessary

• Monthly and annual review of bonus accrual accounts ensuring expenses properly matched in accordance with New GAAP requirements
• Perform producer compensation expense analysis including comparisons to revenue and GBS Key Performance Indicators (KPIs)
• Assist offshore team in ensuring accuracy and timeliness of processing New GAAP expense reports

• Perform annual review of finance operations and data‑oriented processes across the division to determine efficiency and effectiveness
• Propose, test, and implement solutions to issues uncovered during process reviews
• Ability to be creative and take lead on self‑owned initiatives if deemed appropriate by management

• Assist M&A and Strategic Finance teams with new acquisition partner compensation plan tracking and administration
• Facilitate transition from legacy compensation programs to standard GBS compensation model

• Oversight and review of monthly compensation submissions via payroll upload tool
• Ad hoc projects as requested

• Requires a Bachelor’s degree and 3 years related experience
• Strong PC and Microsoft application skills
• Excel expertise required (pivots, V‑lookups, macros)

• Intermediate ability in MS Office 365 with a primary focus on Excel
• Basic understanding of IT systems and data flows/interactions between systems
• Ability to form…