Senior Associate Insurance Sector Operations

Industry/Sector

Specialism

Management Level

Job Description & Summary

Role overview- Sector Operations (Insurance)

Designation: Senior Associate

Location: Bangalore

As a Senior Associate youll work as part of a team of problem solvers with extensive consulting and industry experience helping our clients solve their complex business issues from strategy to execution.

What does this role entail

Our Transformation Consultants collaborate with clients and project teams in India to drive results on global engagements. They conduct analyses develop insights build Excel models analyze large data sets document current and future-state processes prepare work plans support project leads engage directly with clients facilitate decision-making meetings and contribute to recommendations. Additionally they participate in business development thought leadership and firm-building activities.

The consultants leverage deep sector knowledge and technical expertise to help financial services clients address strategic challenges and transform their businesses. Our work spans market entry operating models enterprise architecture products & segments data exchange regulations and platform strategy

Core responsibilities as a Senior Associate would entail (but not limited to)

As a team member youll work as part of a team of problem solvers with extensive consulting and industry experience helping our clients solve their complex business issues from strategy to execution.

Specific areas of focus include but are not limited to:

• Strategy Development & Refresh: Develop or refresh strategies aligned with client objectives and market context to drive effective execution through strategic blueprints playbooks and alignment tools

• Strategy Enablement and Execution: Enable and execute strategies by ensuring resource readiness stakeholder engagement and optimized processes supported by refreshed architecture and governance structures

• Project Management Office (PMO) & Business Analysis: Establish structured PMO frameworks and business analysis capabilities to ensure consistent delivery risk management and actionable translation of business needs across projects

Knowledge Preferred:

Candidates should demonstrate working knowledge in any of the areas of financemanagement accounting reporting treasury processes and / or knowledge in any sector

Required Skills

Core Consulting Skills

• Have strong business acumen with an ability to understand how business processes and decisions impact people and organization

• Strong organizational skills with the ability to work independently as well in a highly collaborative team-based environment

• Researching & analyzing client industry and technical matters leveraging the ability to problem solve prioritize & manage multiple tasks simultaneously for self and others

• Demonstrate self-motivation and responsibility for personal growth and development while mentoring junior members of the team with strong attention to detail

• Effective storytelling and communication skills to various audiences (written and verbal)

• Networking & relationship building with external and internal clients industry leaders and prospects at executive director and staff level

Industry Specific Skills

• Exposure to life and annuities transformation initiatives spanning product design pricing underwriting policy administration and claims with an emphasis on strategic enterprise-wide change

• Ability to shape and articulate business and technology strategies that improve new business acquisition in-force management persistency and distribution effectiveness for life and annuities carriers

• Experience supporting or mobilizing cross-functional transformation programs from modernizing new business and underwriting workflows to streamlining policy servicing and claims adjudication

• Involvement in platform modernization and vendor strategy for core life and annuity administration systems (PAS) digital illustration tools and agent/consumer portals

• Familiarity with ecosystem integration aligning carriers reinsurers distribution partners and platform providers to accelerate speed-to-market and enhance the policyholder experience

• Demonstrated capability to translate strategic insights (e.g. mortality/morbidity trends lapse rate analysis embedded value impacts) into actionable roadmaps aligned with growth and profitability objectives

• Success contributing to multi-disciplinary teams integrating business strategy with IT architecture and operational redesign under tight timelines

• Strong orientation toward measurable impact in life and annuities balancing long-term embedded value growth with near-term expense efficiency and sales uplift

Your opportunities at PwC

Learn: Develop business acumen technical and technology skills

Apply: Diverse opportunities to showcase your skills in a supportive environment

Grow: Harness your leadership potential to expand your career

Eligibility criteria

• MBA from a premium B-School preferred
• Min. exp should be 6 to 8 years
• Authorized to work in India
• Offer letter is subject to successful verification of documents and meeting the eligibility criteria

Travel Requirements

Job Posting End Date