Insurance Solutions Business Analyst
Deloitte
Join our AI & Engineering team in transforming technology platforms, driving innovation, and helping make a significant impact on our clients' success. You'll work alongside talented professionals reimagining and re-engineering operations and processes that are critical to businesses. Your contributions can help clients improve financial performance, accelerate new digital ventures, and fuel growth through innovation.
AI & Engineering leverages cutting-edge engineering capabilities to build, deploy, and operate integrated/verticalized sector solutions in software, data, AI, network, and hybrid cloud infrastructure. These solutions are powered by engineering for business advantage, transforming mission-critical operations. We enable clients to stay ahead with the latest advancements by transforming engineering teams and modernizing technology & data platforms. Our delivery models are tailored to meet each client's unique requirements.
What we do
Our Industry Solutions offering provides verticalized solutions that transform how clients sell products, deliver services, generate growth, and execute mission-critical operations. We deliver integrated business expertise with scalable, repeatable technology solutions specifically engineered for each sector.
Who we serve
Insurance moves the world forward. It's the invisible safety net behind everything else that happens in society. To stay ahead, insurers need modern solutions. Our Insurance Transformation practitioners serve as trusted advisors to our clients, combining strategic thinking with deep industry knowledge to solve complex business problems in a team-based environment. We architect operating models and processes that enable growth, optimize capital, and maximize operational efficiency. We implement innovative technology solutions spanning core, digital, data, analytics, cloud and AI.
Deloitte's Financial Services Industry consulting practice is the largest in the world, serving over 90% of Fortune 500 banking, insurance, securities, investment management, and real estate companies.
Work you'll do
As an OTT Insurance Transformation Consultant, you will bring considerable insurance domain and functional expertise in the areas of Underwriting, Rating, Policy Administration, Claims and/or Distribution to deliver effective solutions to clients. As a Consultant, you will work on engagements in a team-based environment, partnering directly with clients, fellow Operations & Technology Transformation practitioners, and Deloitte consultants from complementary disciplines. As a Consultant, you will play a key role on the team, gathering and analyzing information, formulating and testing hypotheses and developing actionable recommendations. You will often help present your team's findings to senior client stakeholders and implement recommendations.
The ideal candidate will be curious, analytical, and confident with a natural drive to exceed immediate project requirements and overcome obstacles. A genuine passion for the insurance industry, combined with relationship-building, leadership, and communication skills will be critical to success. Candidates should be energized by continuous personal improvement, proactively seeking out new skills and perspectives, exhibiting openness to coaching from senior colleagues, and contributing to the development of junior staff.
Recruiting for this role ends on May 31, 2025.
Required Qualifications
+ Bachelor's degree
+ 2 years consulting or relevant Insurance experience within Property & Casualty, Commercial lines, Specialty Insurance and/or Life & Annuities/Group
+ 2 years' experience in one or more of the following areas: Insurance Products, Underwriting, Rating, Policy Administration, Claims or Distribution
+ 2 years' experience in logical structuring, storyboarding and/or presentation development using PowerPoint
+ Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve
+ Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
Preferred Qualifications
+ Advanced degree (e.g., MBA, PhD)
+ 2 years' experience managing at least one large Business Integration effort and project team through all phases of the project lifecycle from scoping and planning, business analysis, requirements gathering, design, development, and testing
+ CPCU, AIC, ARM Certification
+ 2 years' experience in Property & Casualty Insurance Solutions with Guidewire, Duck Creek, Majesco, Origami or similar package
+ 2 years' experience in Life & Annuities Solutions with FAST, Sapiens, Calcfocus, ALIP, Vertafore/VUE, iPipeline iGo, Firelight or Unqork (specific to Life, Annuities and Group)
+ 2 years' experience delivering via an Agile/Scrum methodology
+ 2 years' experience with Business Process Modeling (BPM) tools, Business rules integration
+ Agile / SAFe / Scrum Master / PMP Certification
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $88,600 - $163,100.
Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
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