EY Insurance - Life & Group Transformation - Business Consulting - Senior in Minneapolis, Minnesota
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.
LIFE INSURANCE - LIFE & ANNUITY - BUSINESS TRANSFORMATION - SENIOR (OPEN LOCATION) - MA, CT, NY, NJ, NC, SC, FL, GA, KY, OH, IL, IN, WI, MO, TX, AZ, CA, MN, CO
EY is the only professional services firm with a separate business unit (“FSO”) that is dedicated to serving financial services clients. Our practice is at the forefront of events that reshape and redefine the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic EY Consulting team!
Our Life and Group Transformation practice helps insurance clients improve and transform their life/annuity, group benefits and retirement services businesses in areas such as operating model redesign, process improvement, technology enablement, organizational design, M&A due diligence and post-merger integration. We work across the value chain from sales to service and claims.
Increased customer expectations, new data sources, advanced analytics, and innovative technology have enabled insurance carriers to become better, faster and more efficient. We currently are seeking a highly motivated Senior Consultant to join EY engagement teams, deliver consulting services and develop business with our clients: the largest providers of life insurance, group benefits and retirement. Our Life and Group Transformation practice helps our clients to reimagine, modernize and disrupt how they succeed in the market and create long-term, sustainable value.
In this role, you will help our clients achieve their desired goals and business objectives and in return, you can expect to learn leading practices in technology transformation and delivery, and gain exposure to solving a variety of complex business challenges using digital and transformational tools, methods and technologies. You will work directly with clients to transform their business operations. You will gain exposure in all areas of the insurance value chain including, but not limited to: product development, sales / distribution, New Business / Underwriting, Policy Administration, and Claims.
Your Key Responsibilities
Consistently deliver high quality client services.
You will understand / communicate complex operational insurance issues and establish relationships with client personnel at appropriate levels.
Monitor progress, manage risk, and ensure key stakeholders are kept informed about engagement progress and expected outcomes.
Stay abreast of current industry trends relevant to the client's business.
Understand process design and industry pain points.
Demonstrate in-depth domain knowledge, technical capabilities and ability to assimilate new knowledge and possess good business acumen.
Remain current on new developments in advisory services capabilities and industry knowledge.
Stay informed of and apply professional standards and firm policies.
Commit to developing a strong personal brand by staying informed regarding economic/market developments and their impact on the firm's clients.
To qualify for this role you must have
Bachelor’s degree in Computer Science, Management Information Systems, or related disciplines.
Minimum of 3-5 years of consulting and/or industry experience in life insurance, annuities, retirement or group benefits.
Travel to client site as necessary.
Strong oral and written communication skills including executive presentation skills.
Experience assessing and improving business processes, systems, and associated technologies.
Understanding of Insurance and Annuities products and end-to-end processes and process mapping experience.
Experience with one or more of the following business functions: product development, sales / distribution, new business, underwriting and/or post issue servicing policy administration.
Ideally, you’ll also have
- Degree in business, accounting, finance, computer science, engineering or a related field.
What we look for
We’re interested in passionate leaders with strong vision and a desire to stay on top of trends in the life and annuity, group benefits, and retirement industries. If you have a genuine passion for helping businesses achieve the full potential of their business, this role is for you.
What we offer
We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.
The salary range for this position in Denver, CO and Hartford, CT is $88,000 to $163,300.
If you can demonstrate that you meet the criteria above, please contact us as soon as possible.
The exceptional EY experience. It’s yours to build.
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