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S&C GN-Industry Strategy-Insurance-Analyst

4-8 years

₹ 2.1 - 16L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

S&C GN-Industry Strategy-Insurance-Analyst

Accenture

posted 10hr ago

Job Description

The Practice- A Brief Sketch:

The

Global Network (GN)

Strategy Practice is a part of and focuses on the CEOs most strategic priorities. We help clients with strategies that are at the intersection of business and technology, drive value and impact, shape new businesses & design operating models for the future.

We provide you with a great learning ground, deep-rooted in

, where you will get an opportunity to advice and work with our key global Communications & Media clients, driving end-to-end transformative strategic value and business growth. As a part of this high performing team, these are some of the responsibilities:
  • Analyze markets, consumers, economies, and conduct feasibility studies to uncover trends and opportunities in the Insurance industry
  • Work with insurance clients around the globe to identify their strategic goals and develop comprehensive plans to achieve them
  • Develop and execute strategies to address challenges including cost optimization, revenue growth, redefining customer experience and technological advancements
  • Partner with CEOs to architect future proof operating models embracing future of work, workforce and workplace powered by transformational technology, ecosystems, and analytics
  • Work with our ecosystem partners, help clients reach their sustainability goals through digital transformation
  • Prepare and deliver presentations to senior client leadership (CXOs, Business Heads) to communicate strategic plans and recommendations
  • Serve as a strategic partner to clients by enabling them to make effective business decisions via regular updates on industry trends, potential opportunities and threats
  • Participate in the development of thought leadership content, including white papers and presentations, on key themes/hot topics pertaining to the Insurance industry
  • Bring your best skills forward to excel in the role:

    The ideal candidate will possess a strong understanding of the Insurance Industry industry, including emerging trends, challenges, and opportunities. They will have a proven track record of developing and executing successful strategies for insurance companies. The candidate will work with our clients to identify their strategic goals and develop comprehensive plans to achieve them. Key skills that will enable this include:
  • A Strategic Mindset to shape innovative, fact-based strategies and operating models
  • Issue Based Problem Solving to decode and solve complex and unstructured business questions
  • Analytical and outcome-driven approach to perform data analyses & generate insights
  • Business Acumen to drive actionable outcomes for clients with the latest industry trends, innovations and disruptions, metrics and value drivers
  • Financial Acumen and Value Creation to develop relevant financial models to back up a business case
  • Communication and Presentation Skills to share the perfect pitch with key stakeholders
  • Client handling skills to develop, manage and deepen relationships with key stakeholders
  • Industry Knowledge:Understanding of one or more sub-sectors of the Insurance Industry (Property & Casualty, Life, Health), and good business understanding of the insurance value chain
  • Good to have skills :
  • Strategy consulting experience in Corporate Strategy/Restructuring; Growth Strategy, Market Entry Strategy, Operating Model Strategy, Business and Financial Model development, value and investment case design, Strategic Cost Reduction and Productivity reinvention, Digital business, AI strategy, M&A
  • Strategy experience in Growth & innovation- Platform strategy, new products & services creation, Digital Factory, GTM sales, channel strategy, sales and distribution, revenue upliftment
  • Qualifications

    Your experience counts!
  • MBA from a tier 1 institute
  • Prior experience in the Insurance industry or Consulting for Insurance Clients
  • Post MBA 4+ years experience in one or more of the following in Insurance:Corporate Strategy, Business Transformation, Mergers & Acquisitions, Shareholder Value Analysis, Organization Strategy, Pricing and Profit Optimization, Growth and Innovation, Strategic Planning

  • Employment Type: Full Time, Permanent

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    What people at Accenture are saying

    3.8
     Rating based on 1.1k Analyst reviews

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    Analyst salary at Accenture

    reported by 10.7k employees
    ₹2.8 L/yr - ₹12.9 L/yr
    13% more than the average Analyst Salary in India
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    What Accenture employees are saying about work life

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    Monday to Friday
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    Day Shift
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