Management Consultant - Insurance - Functional Underwriting

Job Description

Role: Management Consultant - Insurance - Functional Underwriting

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. With our thought leadership and culture of innovation, we apply industry expertise, diverse skill sets and next-generation technology to each business challenge.

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. Year after year, Accenture is recognized worldwide not just for business performance but for inclusion and diversity too.

“Across the globe, one thing is universally true of the people of Accenture: We care deeply about what we do and the impact we have with our clients and with the communities in which we work and live. It is personal to all of us.” - Julie Sweet, Accenture CEO

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. With a strong and extensive client portfolio across Personal Lines, Commercial Lines & Life and Pensions, we support our clients in areas such as journey to cloud, digital transformation in Underwriting and Claims, and applications of data & analytics into insurance value chain

We were recently awarded a Gold rating for Insurance in the Financial Times report on the UK’s Leading Management Consultants.

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

Qualification

We are looking for experience in the following skills:

• Application of knowledge in Commercial Insurance & London Markets, and in particular functional Underwriting & Transformation expertise
• Proven track record of building and sustaining lasting relationships with senior insurance clients
• Expertise in digital technology and application to insurance uses cases, such as insurance journey to cloud, digital sales & servicing, analytics, insurance technology platforms
• Market Experience across the following areas: Insurance Underwriting, London Markets, SME, Reinsurance, Actuarial, understanding of underwriting rules, guidelines and risk-evaluation processes and technology
• 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.

Locations

London

Bristol

Edinburgh

Manchester

Additional Information

Equal Employment Opportunity Statement

All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.

Job candidates will not be obligated to disclose sealed or expunged records of conviction or arrest as part of the hiring process.

Accenture is committed to providing veteran employment opportunities to our service men and women.

Please read Accenture’s Recruiting and Hiring Statement for more information on how we process your data during the Recruiting and Hiring process.

About Accenture

We work with one shared purpose: to deliver on the promise of technology and human ingenuity. Every day, more than 775,000 of us help our stakeholders continuously reinvent. Together, we drive positive change and deliver value to our clients, partners, shareholders, communities, and each other.

We believe that delivering value requires innovation, and innovation thrives in an inclusive and diverse environment. We actively foster a workplace free from bias, where everyone feels a sense of belonging and is respected and empowered to do their best work.

At Accenture, we see well-being holistically, supporting our people’s physical, mental, and financial health. We also provide opportunities to keep skills relevant through certifications, learning, and diverse work experiences. We’re proud to be consistently recognized as one of the World’s Best Workplaces™.

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