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Insurance P&C Transformation Business Consulting Senior
EY is a leader in serving the global financial services marketplace and the only professional services firm with a separate business unit dedicated to the financial services industry the Financial Services Organization (FSO). Our focused model and bold ambition have put us at the center of the events that continue to reshape and redefine our industry working side by side with a range of clients from our most venerable institutions to dynamic new entrants across Banking and Capital Markets Wealth and Asset Management Insurance and Real Estate Hospitality and Construction. Our purpose is to help build a financial services industry in which financial institutions are trusted and flourish and the global economy is healthy growing and secure. If you have a passion for rallying together to solve complex challenges then come join our dynamic FSO team!
Our Property & Casualty (P&C) Transformation practice helps insurance clients improve and transform their commercial specialty personal and Excess & Surplus businesses in areas such as operating model redesign capability assessment and roadmap design business process transformation technology and data enablement organizational design and postmerger integration. We work across the value chain across distribution products underwriting policy claims and billing.
The opportunity
Increased customer expectations new data sources advanced analytics and innovative technology have enabled insurance carriers to become better faster and more efficient. We currently are seeking a highly motivated Senior Consultant to join EY engagement teams deliver consulting services and develop business with our clients: the largest providers of Property and Casualty Insurance. Our P&C Insurance Transformation practice helps our clients to reimagine modernize and disrupt how they succeed in the market and create longterm sustainable value.
In this role you will help our clients achieve their desired goals and business objectives. In return you can expect to learn leading practices in business and technology transformation delivery and gain exposure to solving a variety of complex business challenges using digital and transformational tools methods and technologies.You will gain exposure in all areas of the insurance value chain including but not limited to product development sales/distribution new business/underwriting policy administration and claims.
Your key responsibilities
- Consistently deliver high quality client services.
- Understand / communicate complex operational insurance issues and establish relationships with client personnel at appropriate levels
- Monitor progress manage risk and ensure key stakeholders are kept informed about engagement progress and expected outcomes
- Stay abreast of current industry trends relevant to the clients business.
- Understand process design and industry pain points
- Demonstrate indepth domain knowledge technical capabilities and ability to assimilate new knowledge and possess good business acumen
- Present industry and client key findings to leadership
- Remain current on new developments in consulting services capabilities and industry knowledge
- Stay informed of and apply professional standards and firm policies
- Commit to developing a strong personal brand by staying informed regarding economic/market developments and their impact on the firms clients
To qualify for this role you must have
- Bachelors degree in Computer Science Management Information Systems Engineering Business Economics or related disciplines
- Minimum of 35 years of consulting and/or industry experience in P&C insurance commercial specialty personal or Excess & Surplus lines
- Strong oral and written communication skills including executive presentation skills
- Experience assessing and improving business processes systems and associated technologies
- Understanding of P&C insurance products and the insurance operations processing lifecycle
- Experience documenting business processes related to insurance operations
- Experience with one or more of the following business functions: product development sales/distribution new business underwriting post issue servicing policy administration and/or claims
- Travel to client site as necessary
Ideally youll also have
- Advanced degree in Computer Science Management Information Systems Engineering Business Economics or related disciplines
What we look for
Wereinterested in passionate leaders with strong vision and a desire to stay on top of trends in the P&C commercial specialty personal and Excess & Surplus industries and help clients through transformation journeys. If you have a genuine passion for helping P&C insurance businesses achieve the full potential this role is for you.
What we offer
We offer a comprehensive compensation and benefits package where youll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $96300 to $176500. The salary range for New York City Metro Area Washington State and California (excluding Sacramento) is $115500 to $200600. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education experience knowledge skills and geography. In addition our Total Rewards package includes medical and dental coverage pension and 401(k) plans and a wide range of paid time off options. Join us in our teamled and leaderenabled hybrid model. Our expectation is for most people in external client serving roles to work together in person 4060 of the time over the course of an engagement project or year. Under our flexible vacation policy youll decide how much vacation time you need based on your own personal circumstances. Youll also be granted time off for designated EY Paid Holidays Winter/Summer breaks Personal/Family Care and other leaves of absence when needed to support your physical financial and emotional wellbeing.
- Continuous learning: Youll develop the mindset and skills to navigate whatever comes next.
- Success as defined by you: Well provide the tools and flexibility so you can make a meaningful impact your way.
- Transformative leadership: Well give you the insights coaching and confidence to be the leader the world needs.
- Diverse and inclusive culture: Youll be embraced for who you are and empowered to use your voice to help others find theirs.
EY accepts applications for this position on an ongoing basis. If you can demonstrate that you meet the criteria above please contact us as soon as possible.
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