Senior Consultant- Financial Services- Insurance- FSI

6 - 10 years

6 - 10 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Senior Consultant - Financial Services - Insurance - FSI

Roles and Responsibilities

You will work as part of a cross-cultural team across regions on business consulting engagements. Your responsibilities will include:

  • Taking on a range of roles in

    process consulting, functional consulting, technology strategy, program management, and change management

    .
  • Analyzing problems and developing creative, out-of-the-box solutions.
  • Applying

    business consulting frameworks and methodologies

    to address complex business problems.
  • Being responsible for the

    delivery of business results

    to clients.
  • Leading workshops to collaborate with client stakeholders and educate them throughout the process.
  • Leading or contributing to sales pursuits, consulting offerings, and internal initiatives.
  • Participating in a variety of firm-building events and the consultant referral program.

Skills Required

  • Deep understanding of

    financial services

    , with in-depth expertise in

    Property & Casualty, Life Insurance, and Retirement Services

    .
  • Experience in one or more of the following areas:

    Business Strategy, IT Strategy, Process Consulting, Cost Optimization, Customer Experience, Digital Transformation, Program Management, Change Management, Product Implementation, Business Analysis, and Post-merger Integration

    .
  • Consulting & advisory experience with top-tier consulting organizations is strongly preferred.

Domain Expertise

  • Insurance:

    Property & Casualty Commercial Lines, Specialty Lines, Personal Lines, Life Insurance.
  • Insurance Operations:

    Distribution, Marketing, New Business, Underwriting, Policy Servicing/Policy Administration, Claims, Regulatory Compliance, Producer Lifecycle Contracting/Licensing, Compensation and Sales Reporting.
  • Retirement Services:

    Annuities & Retirement Services, Defined Contribution, Defined Benefits, 401(k) plans, Recordkeeping.
  • Governance, Risk and Compliance:

    IFRS, GDPR, AML, KYC, client onboarding, regulatory change management, regulatory reporting, anti-financial crime, risk management.
  • Strong analytical and problem-solving skills.
  • Excellent client-facing and communication abilities.

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