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Principal Consultant- Financial Services- Insurance- FSI

ConfidentialDelhi, Delhi NCR

8 days ago

Job description

We are seeking a Principal Consultant - Financial Services - Insurance - FSI with a deep understanding of financial services and in-depth expertise in Property & Casualty, Life Insurance, and Retirement Services. This role involves working on diverse business consulting engagements, applying strategic frameworks, and delivering impactful solutions to clients.

Roles and Responsibilities

You will work as part of a cross-cultural team across regions on business consulting engagements. Your responsibilities will include :

Taking on a range of roles in process consulting, functional consulting, technology strategy, program management, and change management .
Analyzing problems and developing creative, out-of-the-box solutions.
Applying business consulting frameworks and methodologies to address complex business problems.
Being responsible for the delivery of business results to clients.
Leading workshops to collaborate with client stakeholders and educate them throughout the process.
Leading or contributing to sales pursuits, consulting offerings, and internal initiatives.
Participating in a variety of firm-building events and the consultant referral program.

Skills Required

Deep understanding of financial services , with in-depth expertise in Property & Casualty, Life Insurance, and Retirement Services .

Experience in one or more of the following areas : Business Strategy, IT Strategy, Process Consulting, Cost Optimization, Customer Experience, Digital Transformation, Program Management, Change Management, Product Implementation, Business Analysis, and Post-merger Integration .

Consulting & advisory experience with top-tier consulting organizations is strongly preferred.

Domain Expertise in one or more of the following areas :

Insurance : Property & Casualty Commercial Lines, Specialty Lines, Personal Lines, Life Insurance.

Insurance Operations : Distribution, Marketing, New Business, Underwriting, Policy Servicing / Policy Administration, Claims, Regulatory Compliance, Producer Lifecycle Contracting / Licensing, Compensation and Sales Reporting.

Retirement Services : Annuities & Retirement Services, Defined Contribution, Defined Benefits, 401(k) plans, Recordkeeping.

Governance, Risk and Compliance : IFRS, GDPR, AML, KYC, client onboarding, regulatory change management, regulatory reporting, anti-financial crime, risk management.

Strong analytical and problem-solving skills.

Excellent client-facing and communication abilities.

Skills Required

Insurance, Change Management, Risk Management, Analytical Skills, Process Consulting, Functional Consulting, Program Management

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Principal Consultant • Delhi, Delhi NCR