Management Consultant - Insurance
Management Consultant - Insurance

Management Consultant - Insurance

London Full-Time 43200 - 72000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Management Consultant to drive innovation in the insurance sector.
  • Company: Accenture is a global leader in professional services, known for its commitment to diversity and inclusion.
  • Benefits: Enjoy 30 days of vacation, private medical insurance, and extra leave for charity work.
  • Why this job: Make a real impact by solving complex problems and transforming the insurance industry with cutting-edge technology.
  • Qualifications: Experience in insurance, consulting, and digital technology is essential; creativity and problem-solving skills are a must.
  • Other info: This role requires flexibility and mobility, with opportunities to work closely with clients.

The predicted salary is between 43200 - 72000 ÂŁ per year.

Role: Management Consultant – Insurance Location: London, Manchester, Edinburgh Mobility: Up to 100% Career Level: Consultant Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services. With our thought leadership and culture of innovation, we apply industry expertise, diverse skill sets and next-generation technology to each business challenge. We believe in inclusion and diversity and supporting the whole person. Our core values comprise of Stewardship, Best People, Client Value Creation, One Global Network, Respect for the Individual and Integrity. Year after year, Accenture is recognized worldwide not just for business performance but for inclusion and diversity too. “Across the globe, one thing is universally true of the people of Accenture: We care deeply about what we do and the impact we have with our clients and with the communities in which we work and live. It is personal to all of us.” – Julie Sweet, Accenture CEO As a team: Within Accenture, the UK Insurance Strategy & Consulting team focuses on scoping and shaping large transformational engagements for leading insurers that lead the market. We help our Insurance clients drive innovation through our deep Industry experience, extensive capabilities, proven assets & market insights both in the UK and globally. With a strong and extensive client portfolio across Personal Lines, Commercial Lines & Life and Pensions, we support our clients in areas such as journey to cloud, digital transformation in Underwriting and Claims, and applications of data & analytics into insurance value chain We were recently awarded a Gold rating for Insurance in the Financial Times report on the UK’s Leading Management Consultants. In our team you will learn how to: 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 As an Insurance Industry Consultant, you will: 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 We are looking for experience in the following skills: Application of knowledge in Personal Insurance, Commercial Insurance & London Markets, and Life & Pensions; in particular Underwriting & Claims Transformation Proven track record of building and sustaining lasting relationships with senior insurance clients Expertise in particular digital technology and application to insurance uses cases, such as insurance journey to cloud, digital sales & servicing, analytics, insurance technology platforms Market Experience across the following areas: Insurance Claims, Insurance Underwriting, Insurance Broking, London Markets, SME, Personal Lines, Reinsurance, Actuarial, Insurtech, Life & Pensions Excellent consulting, presentation and problem-solving skills An 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 Set yourself apart: 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. InsurTechs, 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. Closing Date for Applications 31/08/2025 Accenture reserves the right to close the role prior to this date should a suitable applicant be found. #J-18808-Ljbffr

Management Consultant - Insurance employer: Accenture UK & Ireland

Accenture is an exceptional employer, offering a dynamic work culture that prioritises inclusion and diversity while fostering innovation in the insurance sector. With extensive employee growth opportunities, including mentorship and access to cutting-edge technology, team members can expect to engage in meaningful projects that drive real change for clients. Located in vibrant cities like London, Manchester, and Edinburgh, employees enjoy a competitive benefits package, including generous vacation time and support for charitable initiatives, making Accenture a truly rewarding place to build a career.
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Contact Detail:

Accenture UK & Ireland Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Management Consultant - Insurance

✨Tip Number 1

Familiarise yourself with the latest trends in the insurance industry, especially around digital transformation and technology applications. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your passion for innovation.

✨Tip Number 2

Network with professionals in the insurance sector, particularly those who work at Accenture or similar firms. Attend industry events or webinars to build connections and gain insights that could give you an edge in your application process.

✨Tip Number 3

Prepare to discuss specific case studies or examples of how you've tackled complex problems in previous roles. Highlighting your problem-solving skills and ability to deliver tangible results will resonate well with the consulting mindset at Accenture.

✨Tip Number 4

Showcase your understanding of the intersection between business and technology. Be ready to articulate how you can leverage technology to solve clients' challenges, as this is a key aspect of the role you're applying for.

We think you need these skills to ace Management Consultant - Insurance

Knowledge of Personal Insurance, Commercial Insurance & London Markets
Expertise in Underwriting & Claims Transformation
Proven relationship-building skills with senior insurance clients
Understanding of digital technology applications in insurance
Experience in insurance journey to cloud and digital sales
Familiarity with analytics and insurance technology platforms
Market experience in Insurance Claims, Underwriting, Broking, and Life & Pensions
Excellent consulting and presentation skills
Strong problem-solving abilities
Ability to operate at the intersection of business and technology
Comfort with ambiguity and innovative thinking
Passion for innovating in the insurance industry
Impactful communication with senior client stakeholders
Track record of delivering complex change
Distinctive point of view on the insurance industry
Perspective on the Insurance Technology Landscape
Creative and analytical problem-solving skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in the insurance industry, particularly in areas like underwriting and claims transformation. Use specific examples that demonstrate your expertise and how it aligns with the role.

Craft a Compelling Cover Letter: Your cover letter should reflect your passion for the insurance sector and your understanding of Accenture's values. Discuss how your skills can contribute to their mission of driving innovation and delivering transformational change.

Showcase Your Problem-Solving Skills: In your application, provide examples of how you've tackled complex business problems in previous roles. Highlight your analytical thinking and ability to operate at the intersection of business and technology.

Demonstrate Relationship-Building Experience: Accenture values strong client relationships. Include instances where you've successfully built and maintained relationships with senior stakeholders, showcasing your consulting and presentation skills.

How to prepare for a job interview at Accenture UK & Ireland

✨Understand the Insurance Landscape

Familiarise yourself with current trends and challenges in the insurance industry. Be prepared to discuss how digital transformation, data analytics, and emerging technologies like Gen AI can impact insurance operations.

✨Showcase Your Consulting Skills

Highlight your experience in consulting, particularly in building relationships with senior clients. Prepare examples of how you've successfully delivered complex projects or solutions in previous roles.

✨Demonstrate Problem-Solving Abilities

Be ready to tackle hypothetical scenarios during the interview. Practice articulating your thought process and innovative approaches to solving ambiguous problems, as this is crucial for a Management Consultant role.

✨Emphasise Team Collaboration

Accenture values teamwork, so be sure to discuss your experiences working in diverse teams. Share how you’ve contributed to team success and mentored others, showcasing your ability to bring people together for a common goal.

Management Consultant - Insurance
Accenture UK & Ireland
A
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