At a Glance
- Tasks: Invent solutions for real-world insurance challenges using cutting-edge technology.
- Company: Join Accenture, a global leader in professional services and innovation.
- Benefits: Enjoy 30 days vacation, private medical insurance, and extra leave for charity work.
- Other info: Flexible working environment with opportunities for career growth and mentorship.
- Why this job: Make a tangible impact in the insurance industry while developing your expertise.
- Qualifications: Experience in commercial insurance and strong consulting skills required.
The predicted salary is between 55000 - 65000 £ per year.
Location: London, Manchester, Edinburgh, Bristol
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. 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.
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 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 uses 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
- 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.
Management Consultant - Insurance - Functional Underwriting in London employer: Accenture UK
As a leading employer in the AI technology sector, we offer a dynamic work environment that fosters innovation and collaboration. Our commitment to employee growth is evident through continuous learning opportunities, mentorship programmes, and the chance to work alongside industry leaders on cutting-edge projects. Located in a vibrant tech hub, we provide a unique blend of competitive benefits, a supportive culture, and the opportunity to make a significant impact in the rapidly evolving field of AI.
StudySmarter Expert Advice🤫
We think this is how you could land Management Consultant - Insurance - Functional Underwriting in London
✨Tip Number 1: Get Involved in Consulting Case Competitions
Look for case competitions hosted by universities and consulting firms. They’re a fab way to showcase your problem-solving skills and meet industry players. Plus, winning one can seriously boost your CV, which we know is key when applying for roles like Management Consultant - Insurance - Functional Underwriting at Accenture UK!
✨Tip Number 2: Leverage Alumni Networks
Tap into your university’s alumni network; many consultants love to help out new talent. Reach out to alumni who are working in management consulting, they might have insider knowledge about openings at firms like Accenture UK or be willing to refer you for that Management Consultant - Insurance - Functional Underwriting position!
✨Tip Number 3: Attend Industry Events and Conferences
Keep an eye on management consulting events, workshops, or panels. These are prime opportunities to network with top professionals and get your name out there. You might even bump into someone from Accenture UK who’s on the lookout for their next Management Consultant - Insurance - Functional Underwriting star!
✨Tip Number 4: Polish Your Consulting Skills Online
Engage with online platforms that offer consulting simulations or courses. Prove your chops by completing relevant projects — this not only beefs up your experience but also gives you concrete examples to chat about during interviews for that full-time Management Consultant - Insurance - Functional Underwriting role at Accenture UK!
We think you need these skills to ace Management Consultant - Insurance - Functional Underwriting in London
Some tips for your application 🫡
Show Your Problem-Solving Skills:In management consulting, it's all about problem-solving—so make sure your CV highlights your analytical and critical thinking skills. Include examples from your studies or previous roles where you tackled complex issues or came up with innovative solutions. Quantify your achievements whenever possible to demonstrate your impact!
Tailor Your Cover Letter:Your cover letter is your chance to explain why you're a perfect fit for the consulting world. Focus on your motivation for joining the industry and how your skills align with the requirements of the role at Accenture UK. Remember to mention any relevant coursework or projects that showcase your understanding of strategic frameworks or business models!
Highlight Team Experience:Consultants often work in teams, so it's vital to showcase your collaborative skills. Include experiences where you've worked effectively with others, whether in academic group projects or internships. Discuss your role in the team and how you helped achieve common goals, demonstrating you can thrive in a consultancy environment.
Professionalise Your Online Presence:Make sure your LinkedIn and any other professional profiles are up to date, reflecting your career aspirations in management consulting. Connect with industry professionals and follow relevant groups—show you’re serious about entering this field. Applying through our website is a great way to get noticed, so showcase your personality and enthusiasm there!
How to prepare for a job interview at Accenture UK
✨Master the Case Study Game
In management consulting, case study interviews are all the rage. Make sure to practice structuring your thoughts and analysing data on the fly. Use resources like example case studies to get comfortable with frameworks and solutions. Remember, it’s not just about getting the right answer but showcasing your thought process, so talk us through your reasoning!
✨Know Your Numbers
Be prepared for some numerical and analytical questions. Brush up on your mental math and be ready to interpret data from charts or graphs. We might throw some business scenarios at you that require a quick turnaround on numerical analysis, so practice these skills to feel confident and swift!
✨Show Your Leadership Flair
As this is a full-time role, we want to see your potential as a seasoned consultant. Be ready to discuss experiences where you've led a project or a team. Think about times you've influenced decisions or navigated challenges—this is your chance to show how you can thrive in a fast-paced, collaborative environment.
✨Be a Cultural Fit
We’re not just looking for brains; we want to see if you vibe with our company culture at Accenture UK. Prepare to share how your values align with ours. Have a think about what makes a great team environment for you and how you can contribute to that. A good cultural fit goes a long way in management consulting!
