Consultant, Operational Excellence - Insurance Operations & Domain Solutions, Technology & Tran[...] in London

Our insurance clients engage us to solve their most complex problems, helping them to shape and deliver a strategy in response to new competition, the increased focus on the Digital environment, and the rise of the number of InsurTechs revolutionising the competitive landscape.

As part of the Insurance Operations & Domain Solutions team, you'll be working with a multitude of market-leading teams from Deloitte to deliver value to our clients across the full delivery lifecycle starting from strategy and proposition definition to detailed operations and tech design, and being part of engineering and implementation teams to deliver for our clients. We have a diverse team with vast knowledge, experience and backgrounds enabling us to provide the best value to our clients. Within our team, you will have the opportunity to work alongside and collaborate with industry experts as well as having access to a range of both internal and industry certified learning courses and qualifications.

If you're looking for a role in a fast-paced, exciting environment where you can make a big impact in the General Insurance or London Markets insurers this is the role for you. Benefiting from early client exposure and working with and learning from some of the top practitioners in our field, you will develop quickly, add real value and build credibility in the industry from an early stage thus increasing your own marketability.

As an Operational Excellence Consultant within Deloitte's Insurance practice, you will be contributing to strategic transformations that equip insurance businesses for the future. You'll be supporting the optimization of core operations, re-imagining operating models, architecting and leading cost transformation initiatives to maximise efficiency and unlock new value. Your contribution will empower clients to navigate industry disruption and achieve a competitive edge in a rapidly evolving market.

The specific roles and responsibilities of the role are as follows:

• Support the design and delivery of transformative programmes for insurance carriers and brokers, enabling them to thrive in a digitally-driven world.
• Assist in conducting end-to-end process excellence initiatives across the insurance value chain, including Underwriting, Policy Administration, Claims, and enterprise functions.
• Identify and implement operational improvements to enhance efficiency, reduce costs, and elevate customer experience.
• Contribute to the design and implementation of future-proof operating models for insurers, optimising organisational structures, processes, and technology.
• Support strategic cost transformation initiatives, identifying opportunities for cost reduction and efficiency gains.
• Assist in developing insightful thought leadership content on emerging trends in insurance operations and transformation.
• Support the development and enhancement of our operational excellence tools, assets, and methodologies.
• Champion diversity and inclusion within the team and contribute to broader practice development initiatives.

We are looking for enthusiastic and passionate individuals who are driving change and real impact for the Insurance industry. An independent thinker who also thrives as part of a team, with excellent communication and presentation skills. Someone who enjoys solving new and complex problems and challenging themselves to work in new fields to contribute to market-facing propositions, client engagements and internal initiatives. Dedicated to learning and staying up to date with emerging market and industry trends.

Professional experience needs to include:

• Demonstrated experience in delivering transformation initiatives within the insurance industry, ideally gained within a (re)insurer, brokerage, or consulting environment.
• Understanding of the UK insurance market dynamics, including regulatory landscape, key trends, and the impact of disruptive technologies.
• Experience in supporting workstreams and delivering tangible results across various transformation initiatives, including target operating model design, process re-engineering, and cost reduction programmes.
• Strong communication and stakeholder management skills, with the ability to articulate complex concepts clearly and concisely.
• Proficiency in Microsoft Office Suite, particularly PowerPoint and Excel.
• Strong risk awareness and mitigation skills.

Preferably you will also have:

• Experience in developing compelling business/value cases for operating model changes and disruptive technology solutions, particularly in areas such as data analytics, AI, and automation, within the insurance sector.
• Experience in implementing AI-driven solutions within the general insurance lifecycle (e.g., claims automation, fraud detection, risk assessment, etc.) is highly desirable.

You’ll be based in London with hybrid working. At Deloitte we understand the importance of balancing your career alongside your home life. That’s why we’ll support you to work flexibly through our hybrid working policy. Depending on the requirements of your role, you’ll have the opportunity to work in your local office, virtual collaboration spaces, client sites and remotely. You’ll get the chance to meet face to face when needed, while you collaborate and learn from colleagues, share your experiences, and build the relationships that will fuel your career and prioritise your wellbeing.

Making an impact is more than just what we do: it’s why we’re here. So we work hard to create an environment where you can experience a purpose you believe in, the freedom to be you, and the capacity to go further than ever before. We want you. The true you. Your own strengths, perspective and personality. So we’re nurturing a culture where everyone belongs, feels supported and heard, and is empowered to make a valuable, personal contribution. You can be sure we’ll take your wellbeing seriously, too. Because it’s only when you’re comfortable and at your best that you can make the kind of impact you, and we, live for.

Your expertise is our capability, so we’ll make sure it never stops growing. Whether it’s from the complex work you do, or the people you collaborate with, you’ll learn every day. Through world-class development, you’ll gain invaluable technical and personal skills. Whatever your level, you’ll learn how to lead.

A career at Deloitte is an opportunity to develop in any direction you choose. Join us and you’ll experience a purpose you can believe in and an impact you can see. You’ll be free to bring your true self to work every day. And you’ll never stop growing, whatever your level.