At a Glance
- Tasks: Lead transformative projects in insurance technology and drive strategic change for clients.
- Company: Join EY, a global leader in assurance and consulting services.
- Benefits: Competitive pay, flexible working, career development, and a supportive team culture.
- Why this job: Make a real impact in the insurance industry while advancing your career.
- Qualifications: Experience in consulting and deep knowledge of insurance processes and technology.
- Other info: Dynamic environment with opportunities for mentorship and professional growth.
The predicted salary is between 43200 - 72000 £ per year.
At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world. EY has a market leading UK Insurance Transformation practice, and our specialist Insurance Technology team are critical to this. We work closely with the breadth of EY’s capabilities, as well as with our alliance partners to support Insurance clients to solve their most complex challenges, and transform their organisations.
To support our ongoing growth, we are looking for proven Insurance focused Senior Managers who inspire teams, drive strategic transformation and deliver measurable value for our Insurance clients.
Location(s): London (c.3 days in EY/ client offices).
Role Overview
You will combine deep business and technology consulting experience, with strong insurance knowledge, to support our clients strategise, solution and deliver insurance transformation. We are seeking individuals who have experience across the insurance lifecycle, understanding insurance drivers, how organisations are structured, their key capabilities and how technology and data enables this. We are looking for individuals who have excellent stakeholder management skills and can build client and internal relationships, who can work closely with our EY broader capabilities to bring the right insurance business and technology expertise together for our clients.
Responsibilities
- Leadership: Lead high-performing, multidisciplinary teams for Insurance clients across business and technology workstreams, fostering a culture of collaboration, excellence, and continuous improvement.
- Build and maintain strong stakeholder relationships, acting as a trusted advisor to clients and balancing competing priorities.
- Manage insurance client engagements through their lifecycle, ensuring management of engagement risk, revenue and profitability to meet/exceed on financial commitments.
- Mentor and develop junior consultants, supporting their growth and contributing to the insurance practice’s capability building.
- Consulting Excellence: Apply core consulting skills to understand insurance client challenges and needs, problem solve issues, and translate these into actionable strategies and deliverables.
- Utilise understanding and insight into the insurance value chain to design optimal technology solutions to meet the capability demands of insurers.
- Manage activity and teams through significant ambiguity, whilst aligning disparate stakeholder groups to solve challenges and align on outcomes.
- Manage end-to-end project lifecycles, driving delivery outcomes to enable insurance client goals, technology vision, and value expectations.
- Deliver large-scale transformations for Insurance clients, leveraging best practices and innovative approaches.
- Sales & Business Development: Be responsible for managing insurance client account(s) and stakeholders across a portfolio of technology opportunities and projects.
- Identify and pursue new business opportunities, leveraging your insurance network and market insights to drive growth.
- Shape compelling insurance proposals and thought leadership, positioning the firm as a partner of choice for strategic transformation.
- Meet individual and team sales and revenue targets.
- Strategy: Develop and execute strategies for insurance clients which address complex business challenges, integrating technology, operations, and organizational change.
- Advise C-suite stakeholders on strategic priorities, balancing short-term objectives with long-term vision.
- Stay ahead of disruptive trends and industry shifts, ensuring clients are positioned for sustainable success.
Profile Requirements
- Strong core consulting skills with experience as a Senior Manager in a consulting organisation.
- Extensive and deep knowledge of insurance organisations and their value chains, business models, business processes, capabilities and technology solutions & vendors (across General Insurance, Commercial and Speciality, or Life and Pensions).
- Experience working with clients to create business and technology strategies, solutions and delivery roadmaps.
- Experience leading business and technology enabled transformation projects within Insurance.
- Proven track record in project delivery, with the ability to deliver high-quality outcomes under tight deadlines.
- Strong client and relationship network within the Insurance Industry, and experience developing and owning relationships across the market.
- Exceptional communication and stakeholder management skills, bringing teams together to achieve common goals in complex environments.
- Extensive experience managing teams and mentoring talent, contributing to practice growth and capability building.
What We Look For
- Well-rounded insurance consultants with a strong toolkit and a deep appreciation for client relationships.
- Intellectual strength, curiosity, and flexibility to navigate ambiguous requirements and rapidly solve complex problems.
- Confident communicators who can lead conversations with C-level stakeholders, technology leaders, and business sponsors.
- Professionals with an agile mindset and a passion for delivering meaningful, tech-enabled change.
- Commitment to learning, knowledge sharing, and inspiring others.
- Individuals who are passionate about continuing to progress their careers in a consulting organisation.
What working at EY offers
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.
Plus, we offer:
- Support, coaching and feedback from some of the most engaging colleagues around.
- Opportunities to develop new skills and progress your career.
- The freedom and flexibility to handle your role in a way that’s right for you.
About EY
As a global provider of assurance, tax, transaction and advisory services, we’re using the finance products, expertise and systems we’ve developed to build a better working world. That starts with a culture that believes in giving you the training, opportunities and creative freedom to make things better. Whenever you join, however long you stay, the exceptional EY experience lasts a lifetime.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible. Join us in building a better working world. Apply now.
Senior Manager - Management Consultant - Insurance Technology, FS employer: EY
Contact Detail:
EY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager - Management Consultant - Insurance Technology, FS
✨Tip Number 1
Network like a pro! Get out there and connect with people in the insurance tech space. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Showcase your expertise! When you get the chance to chat with recruiters or during interviews, make sure to highlight your experience in leading transformation projects and your deep understanding of the insurance lifecycle. This is your time to shine and demonstrate how you can add value to their team.
✨Tip Number 3
Prepare for those tricky questions! Brush up on your consulting skills and be ready to discuss how you've tackled complex challenges in the past. Use the STAR method (Situation, Task, Action, Result) to structure your answers and keep it engaging.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to connect directly with us. So, go ahead and submit that application!
We think you need these skills to ace Senior Manager - Management Consultant - Insurance Technology, FS
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the role of Senior Manager in Insurance Technology. Highlight your relevant experience and skills that align with the job description, especially your consulting and insurance expertise.
Craft a Compelling Cover Letter: Your cover letter should tell your story! Explain why you're passionate about this role and how your background makes you the perfect fit. Don’t forget to mention your understanding of the insurance value chain and technology solutions.
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to lead teams and deliver results. Use metrics where possible to show the impact of your work in previous roles.
Apply Through Our Website: We encourage you to apply through our website for a seamless application process. This way, we can ensure your application gets the attention it deserves and you can easily track your progress!
How to prepare for a job interview at EY
✨Know Your Insurance Inside Out
Make sure you brush up on your knowledge of the insurance industry, especially the specific areas EY focuses on. Understand the insurance lifecycle, key drivers, and how technology plays a role in transforming these processes. This will help you speak confidently about how you can add value to their clients.
✨Showcase Your Leadership Skills
Prepare examples that highlight your experience in leading multidisciplinary teams. Discuss how you've fostered collaboration and driven strategic transformations in past roles. EY is looking for someone who can inspire teams, so be ready to share your leadership philosophy and successes.
✨Master Stakeholder Management
Think of instances where you've successfully managed relationships with clients and stakeholders. Be prepared to discuss how you balance competing priorities and act as a trusted advisor. This is crucial for the role, so demonstrate your ability to navigate complex environments and align diverse groups.
✨Be Ready to Discuss Business Development
EY values professionals who can identify and pursue new business opportunities. Prepare to talk about your network within the insurance industry and how you've leveraged it to drive growth. Share any experiences where you've shaped compelling proposals or thought leadership that positioned your previous firm as a partner of choice.