Accenture - Insurance Analyst - Financial Services

Role: FS-Insurance Analyst

Location: Bangalore

Principal Duties And Responsibilities:

- Experienced Insurance professional with significant experience in Insurance consulting and a sound understanding of domain :

- Advise Insurance Carriers on a range of issues around Sales, Underwriting, Policy, Billing, Claims, Cost Reduction, Operating model design, business process optimization

- Partner with global deal teams in selling, and solution development of client deals by providing subject matter expertise

- Help shape thought capital around current and emerging Insurance topics and contribute to the development of Accenture POV.

- Support practice development through staffing, capability development, and knowledge management, etc.

- Build strong relationships with global Accenture Insurance Client Account teams, and further develop existing relationships based on mutual benefit and synergies

- Supports Insurance consulting engagements in an offshore/onshore model

- Engage in activities like process mapping, gap analysis etc.

- Design business architecture/ supervising business architecture implementation activities

- Implementation of technology within a risk area, including the implementation of MIS solutions.

- Supervising business diagnosis and planning activities

- Supervising business architecture and process design activities

- Defining testing and implementation activities for architectures, capabilities, and processes

- Preparing the client for deployment (communications, training)

Qualifications: - Master's in Business Administration from a Tier II Institute (NIA, ICFAI, etc.) :

- Strong academic background. Industry certifications such as CPCU, INS, FIII preferred

Experience: - Should have 2-3 years of work experience in Big 4 consulting firms or firms like Cognizant or in the insurance industry

- Exposure to Policy Admin systems (like Duck Creek or Guidewire), Claims, Billing, RMIS & other insurance systems

- Good functional knowledge of core insurance functions:

- P&C Insurance: (Personal or Commercial Lines) - Distribution, New Business, and Underwriting, Policy Services, Billing, Claims

- Broking/ Reinsurance

- Experience in Zero Based Budgeting (ZBB), RPA, digital and agile consulting (preferred)

- Business Analysis experience across insurance value chain (good to have)