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- Tasks: Help insurance clients innovate and transform using cutting-edge technology.
- Company: Accenture, a global leader in professional services with a focus on inclusion and diversity.
- Benefits: 30 days vacation, private medical insurance, and extra leave for charity work.
- Why this job: Make a real impact in the insurance industry while developing your expertise.
- Qualifications: Experience in insurance, consulting skills, and a passion for technology.
- Other info: Dynamic role with opportunities for growth and mentorship in a collaborative environment.
The predicted salary is between 55000 - 70000 £ 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.
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. We support our clients in areas such as journey to cloud, digital transformation in Underwriting and Claims, and applications of data & analytics into the insurance value chain.
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, Bulk Annuities, Pensions Operations, Life Insurance processes and Retirement Income.
- Proven track record of building and sustaining lasting relationships with senior insurance clients.
- Expertise in particular 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 Claims, Insurance Underwriting, Insurance Broking, London Markets, SME, Personal Lines, Reinsurance, Actuarial, Insurtech, Life & Pensions (Bulk Annuities, Pensions Operations, Life Insurance processes and Retirement Income).
- 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 employer: Accenture
Contact Detail:
Accenture Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Management Consultant - Insurance
✨Network Like a Pro
Get out there and connect with people in the insurance industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors to opportunities that aren’t even advertised.
✨Ace the Informational Interview
Set up informal chats with professionals already working at Accenture or in similar roles. Ask them about their experiences and insights into the industry. This not only helps you learn but also shows your genuine interest in the field.
✨Showcase Your Expertise
When you get the chance to meet potential employers, make sure to highlight your knowledge in areas like underwriting and claims transformation. Share your thoughts on how technology can innovate the insurance landscape – it’ll set you apart!
✨Apply Through Our Website
Don’t forget to apply directly through the Accenture website! It’s the best way to ensure your application gets seen by the right people. Plus, you can tailor your application to match what we’re looking for in a Management Consultant.
We think you need these skills to ace Management Consultant - Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Management Consultant role in Insurance. Highlight relevant experience and skills that align with what we’re looking for, like your expertise in underwriting and claims transformation.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you’re passionate about the insurance industry and how your background makes you a great fit for our team. Be genuine and let your personality come through!
Showcase Your Problem-Solving Skills: In your application, don’t forget to showcase your problem-solving skills. We love candidates who can think creatively and analytically, especially in ambiguous situations. Share examples of how you've tackled challenges in the past.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Accenture
✨Know Your Insurance Stuff
Make sure you brush up on your knowledge of the insurance industry, especially in areas like underwriting and claims transformation. Familiarise yourself with current trends and technologies, such as digital sales and analytics, to show that you're not just knowledgeable but also passionate about the field.
✨Build a Connection
During the interview, focus on building rapport with your interviewers. They’re looking for someone who can foster relationships with senior clients. Share relevant experiences where you've successfully built connections or led projects, and don’t forget to ask insightful questions about their work culture and client engagements.
✨Showcase Your Problem-Solving Skills
Prepare to discuss specific examples of how you've tackled complex problems in previous roles. Use the STAR method (Situation, Task, Action, Result) to structure your answers, highlighting your analytical thinking and innovative solutions, especially in ambiguous situations.
✨Demonstrate Your Passion
Let your enthusiasm for the insurance industry shine through. Talk about what excites you about innovation in this space and how you see technology shaping the future of insurance. This will help you stand out as a candidate who is not only qualified but also genuinely invested in making an impact.