At a Glance
- Tasks: Invent solutions for real-world insurance challenges using the latest tech like Gen AI.
- Company: Join Accenture, a leader in consulting with a focus on innovation and collaboration.
- Benefits: Enjoy 30 days vacation, private medical insurance, and extra leave for charity work.
- Other info: Flexible working environment with opportunities for growth and mentorship.
- Why this job: Make a real impact in the insurance industry while developing your expertise.
- Qualifications: Experience in commercial insurance and strong relationship-building skills required.
The predicted salary is between 70000 - 90000 £ per year.
Role
Management Consultant – Insurance - Functional Underwriting
Location
London, Manchester, Edinburgh, Bristol
Mobility
Career Level
- Consultant
- Learning & Growth
- Invent & provide solutions to real world problems across our Insurance clients, leveraging the latest technologies such as Gen AI
- Build deep client relationships and bring together the wider Accenture business – including Strategy & Consulting, Technology, Song, Operations – to create differentiated offerings and enable the best solutions to our clients.
- Deliver tangible, transformational change for clients and develop points of view and results that lead the insurance industry.
- Insurance Industry Consultant Responsibilities
- Help define insurance industry solutions & offerings to help solve our client’s challenges, and support client discussions on these offerings.
- Build your insurance industry expertise and distinctive points of view to build credibility with client stakeholders.
- Own and deliver interesting and industry relevant projects & outputs, to deliver industry-relevant change.
- Participate in and contribute to diverse teams, pulling from relevant areas of Accenture, to deliver a differentiated perspective and tangible change for our clients.
- Grow and mentor junior individuals in our Insurance practice, bringing your own personal story to help diversify and expand our talent pool.
Qualifications & Experience
- Application of knowledge in Commercial Insurance & London Markets, and in particular functional Underwriting & Transformation expertise.
- Proven track record of building and sustaining lasting relationships with senior insurance clients.
- Expertise in digital technology and application to insurance use cases, such as insurance journey to cloud, digital sales & servicing, analytics, insurance technology platforms.
- Market Experience across the following areas: Insurance Underwriting, London Markets, SME, Reinsurance, Actuarial, understanding of underwriting rules, guidelines and risk‑evaluation processes and technology.
- Excellent consulting, presentation and problem‑solving skills.
- Appreciation of how technology can contribute to solving clients’ complex business problems; comfort operating at the intersection of business and technology.
- Ability to be at ease with ambiguity and identify opportunities through innovative thinking.
- Desired Qualities
- Passion and enthusiasm for innovating in the insurance industry.
- Impact and market relevance with senior client stakeholders (e. g. C‑Suite, or C‑1 level).
- Track record in industry or consultancy of shaping & delivering complex change.
- Distinctive insurance industry point of view and compelling articulation.
- Perspective on the Insurance Technology Landscape (e. g. Insur Techs, Software Providers, Cloud Services).
- Proven ability to work creatively and analytically in ambiguous problem‑solving environments.
- What’s In It For You
At Accenture in addition to a competitive basic salary, you will also have an extensive benefits package which includes 30 days’ vacation per year, private medical insurance and 3 extra days leave per year for charitable work of your choice.
Flexibility and mobility are required to deliver this role as there will be requirements to spend time onsite with our clients and partners to enable delivery of the services we are known for.
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Management Consultant - Insurance - Functional Underwriting in London employer: Accenture UK & Ireland
As an AI Transformation & Process Excellence Senior Manager, you will thrive in a dynamic work culture that prioritises innovation and collaboration. Our commitment to employee growth is evident through tailored coaching and development opportunities, ensuring you can lead your team effectively while embedding cutting-edge AI methodologies into client solutions. Located in a vibrant area, we offer unique advantages such as access to industry-leading technology partners and a supportive environment that fosters meaningful contributions to transformative projects.
Contact Details:
Accenture UK & Ireland Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Management Consultant - Insurance - Functional Underwriting in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Accenture UK & Ireland). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Accenture UK & Ireland. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Management Consultant - Insurance - Functional Underwriting in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Accenture UK & Ireland.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Accenture UK & Ireland. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Accenture UK & Ireland
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Accenture UK & Ireland to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Accenture UK & Ireland, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Accenture UK & Ireland's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
