Marsh McLennan Agency · 3 days ago
Financial Analyst Intern
Conshohocken, PA
Internship
Onsite
Intern
$25/hr - $25/hrMarsh McLennan Agency's East Region is a leader in the employee benefits marketplace, and they are seeking a Financial Analyst Intern to support the financial and client account teams. This internship will provide exposure to financial analysis and modeling tools to evaluate benefit programs and its impact on strategic business objectives.
Employee BenefitsHealth CareInsuranceRetirement
Responsibilities
Assist with general underwriting, financial, and risk analysis support for internal sales teams and their respective consulting clients
Assist in preparing plan design and financial analysis for existing and prospective customers by utilizing modeling tools and various reporting techniques
Assist with clients’ benefits marketing process, such as: data acquisition, request for proposal (RFP) preparation, vendor question resolution, proposal review and analysis, and client exhibit and presentation preparation
Assist in the analysis and negotiation of rates and plan options with insurers on behalf of clients to secure optimal , cost-competitive benefit plans
Validate renewals and proposals for accuracy
Assist with the definition of clients’ employee contribution modeling and strategies
Assist with the evaluation, determination and recommendation of alternative coverage, pricing options, and plan design changes based on economic analysis of available plan elements related to client goals
Perform various reporting for plan change evaluations, budget and reserve calculations, and other on-going reviews
Maintain quality service standards and organization to assure timely service to MMA East team
Research and remain abreast of the dynamic, competitive insurance environment, new and complex insurance projects, appropriate underwriting techniques and constantly changing legislation that governs business
Assist Client Service, Account Management and/or Voluntary Benefits teams with project support as needed
Qualification
Required
Working towards Bachelor's Degree in Risk Management, Insurance, Actuary, Mathematics and/or other related field is required
Effective analytical, math and problem-solving skills, sound judgment, strong decision making ability, confidence to make difficult decisions and excellent communication skills
Ability to translate big picture ideas into client objectives
Strong organizational, analytical skills and strong attention to detail
Excellent troubleshooting, decision making and problem solving skills
Must have strong negotiation and persuasion skills
Must be a goal oriented self-starter
Solid interpersonal, verbal and written communication skills
Ability to work well independently and as a team member
Ability to multitask and successfully operate in a fast-paced work environment
Ability to prioritize projects and meet deadlines
Ability to follow through on and successfully execute tasks while adhering to specified quality standards
Demonstrated ability to provide superior customer service and maintain positive relationships with client contacts
Proficiency in Microsoft Office Suite, including MS Word (intermediate) and Excel (intermediate)
Proficiency in use of PC such as keyboard skills and electronic folder/file organization and management
Aptitude for learning internal systems, applications and internal workflow of the department
Must be able to effectively interact and deal with people at all levels inside and outside of the company
Preferred
Prior relevant internship experience in the Benefits Brokerage, Consulting, or Insurance industry is preferred
Working knowledge of MS Excel is preferred (ability to use pivot tables, intermediate formulas, lookups)
Company
Marsh McLennan Agency
Marsh McLennan is an insurance company that provides business insurance, employee benefits, and private client insurance solutions. It is a sub-organization of Marsh & McLennan.
Founded in 2003
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Ben Newman
Chief Financial Officer
Michael Harris
COO
Recent News
Business Wire
2026-02-02
2026-01-23
2025-12-09
Company data provided by crunchbase