Assistant Director - Insurance

Assistant Director-Insurance

MNC Shared Services

Location-NCR,India

- Responsible for the execution of analytic knowledge initiatives for priority stakeholders in the Global Insurance Sector (with a focus on EMEIA and/ Asia-Pac regions). This role requires the ability to combine strong analytical skills with deep insurance industry knowledge with a real-world perspective to bring insights to the client-facing practitioners.

- The Candidate is expected to be commercially-oriented, active in leading, managing and contributing to research and analysis projects that are relevant and respond to the company's clients’ needs. The analyst will work with a portfolio of insurance accounts that are of global presence. The analyst may also be working to support and shape company's strategic or flagship solutions.He/ She will use a range of internal and external specialty tools and databases to support the firm’s strategic decisions.

- Working in conjunction with comany's leadership and other business functions (e.g.business development, marketing),Also expected to contribute to the creation of white papers and thought leadership to differentiate the company in the marketplace.This requires him/her to have points of view on industry trends, opportunities and challenges. The role collaborates with a virtual team of colleagues across the global knowledge community to serve the firms' Insurance practice globally.

- The analyst will work closely with the accounts’ leadership, including very senior partners and account directors, to bring strategic market intelligence to them. The analyst is also responsible for supervising, developing and mentoring junior colleagues (analysts and researchers) within the global insurance team.

Analysis:

- Works proactively and independently to produce insightful qualitative and quantitative analysis to support the assigned account teams in strategic planning, pursuits and engagements.

- Un-packs events into key drivers and causes. Demonstrates the ability to develop multiple hypotheses, investigate alternatives and recommend solutions. Draws together information from primary and secondary sources to prove or disprove hypotheses.

- Possesses a strong understanding of global insurance industry, particularly insurance in Europe and Asia-Pac regions where the assigned accounts are domiciled. Proactively monitors and anticipates trends and issues in the sector, tracks strategic developments of the assigned accounts and their key peers, and keeps the knowledge current.

- Demonstrates expertise in applying analytical tools and techniques, specifically those relevant to the Insurancecommunity, and deftly uses them to address analytical issues.Demonstrates expertise in information sources relevant to the Insurance sector.

- Transforms ideas into insights and has the ability to understandpossible outcomes or implications. Demonstrates the ability to use “what if” approaches to determine the impact of changes in the Insurancesector on the business of the assigned accounts.Shows confidence in articulating and defending own perspectives and recommendations.

- Is well-conversant with company's service offerings and ‘go to market’ strategies. Demonstrates the ability to link solutions to current and expected trends and issues in the Insurance sector and the assigned accounts, and thereby identify business opportunities for the account teams.

- Possesses the ability to collect and analyse information from internal and external subject matter experts through various techniques — face-to-face interviews, telephonic interviews, electronic surveys, etc.

- Develops best practices around sector and account analysis, and shares them with peers and colleagues.

- Reviews colleagues’ deliverables and advises on development of distinctive points of view regarding key findings. Coaches colleagues in raising the overall level of analysis.

- Participates in the training and development of colleagues in knowledge as well as account team members to develop their understanding of the Insurance domain.

Communication / Expression:

- Demonstrates strong analytical abilities. Articulates points of view clearly and coherently.

- Presents information visually in a compelling manner, supplementing text and narrative, tailored to the audience.

- Demonstrates sophisticated written and spoken presentation skills, and the ability to communicate effectively with account and firm leadership.

- Demonstrates the ability to coach and advise colleagues on structured thinking and expression.

- Is able to build and maintain relationships across the globe, largely through virtual interactions, using telephone, video conference, Same-time and other electronic communication tools.

- Works effectively in virtual teams across geographies.

Relationship management:

- Possesses strong executive presence. Builds and sustains enduring relationships with key stakeholders in the assigned accounts (i.e.,executive leadership, account leaders, service line leaders, account partners, account coordinators, marketing, operations and Business Development executives) as well as the knowledge community.

- Interfaces with the firm leadership and account leadership on a formal and informal basis to share insights and emerging viewpoints, mostly using virtual tools as the primary communication channel.

- Establishes him/herself as the insurance topic expert by the account leadershipsand is the go-to –person regularly for advice and insights on Insurance sector and account issues. - Works to become a trusted virtual team member of the assigned account teams as well as the SMI networks.

- Maintains regular contact with subject matter specialists, both within and external to the comany.

- Conducts presentations, training, and workshops for internal and external clients on key business issues/developments at the sector and account levels.

Project management:

- Develops project plans and manages projects, including objectives, timelines, milestones, priorities, team member responsibilities and work products.

- Monitors progress and regularly updates stakeholders on potential overruns and changes, re-negotiates timelines, scopes changes and budgets if necessary.

- Develops project work products collaboratively with team members that focus on measurable business impact.

Knowledge and skills required:

- Excellent spoken and written communication skills, as well as presentation skills.

- Excellent analytical and problem solving skills, including financial analysis skills.

Strong executive presence and proven ability to build strong working relationships with senior partners of the firm, using primarily virtual communication methods

- Ability to work under pressure with limited supervision, and produce timely deliverables in a fast-paced environment

- Self-motivated, with strong work ethic and initiative; proactive in identifying issues and opportunities and delivering insightful solutions

- Good project and time management skills with the ability to complete multiple tasks and meet deadlines

- Excellent team player; comfortable working in a virtual environment

- Highly responsive to stakeholders’requests; able to prioritize conflicting needs

- Confidence to provide and defend a point of view; high level of attention to detail

- Expert in information sources relevant to the BCM sector

- Advanced skills in Microsoft Office

- Passionate about research and analysis, and its practical application in the corporate environment

Supervision Responsibilities:

- Ability to work independently

- Reviews the work of colleagues and mentors them

Other Requirements:

- May require occasional travel

- Highly proficient in English – both written and verbal

Job Requirements:

Education:

- Relevant tertiary education (e.g., economics, finance or business studies) or equivalent work experience

- Masters degree or postgraduate qualification an advantage

Experience:

- 8+ years of experience in an insurance or financial services industry

- Proven track record in conducting insurance and other financial services industry and company research and analysis