About Company :Our client is a global technology consulting and digital solutions company that enables enterprises to reimagine business models and accelerate innovation through digital technologies. Powered by more than 84,000 entrepreneurial professionals across more than 30 countries, it caters to over 700 clients with its extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes.:We are seeking a skilled and experienced Life & Annuity Insurance Domain Consultant with 12 to 16 years\' experience to join our dynamic team. He\\She will be the primary interface with current and prospective customers, the Sales teams and account managers and the delivery organization. The person should have conceptual understanding of AI, ML and GenAI capabilities, experience in defining AI enabled insurance business solutions, experience using data driven approach while creating insurance solutions and is expected to be creating winning Insurance solutions.
Role Expectations:
a. Independently create solutions or lead a team of solutions managers in creating solutions.
b. Experience working in any Insurance Packages (Vitech, Duckcreek, Majesco, Guidewire.)
c. Proficient in MS Office (Word, Excel, Access, PowerPoint, MS Project, Visio, SharePoint)
d. Take complete ownership of the sales pursuit life cycle including deal qualification, solution defense, due diligence, contract management and handover to transition.
e. Present capabilities to existing customers and prospects.
f. Represent company in industry forums.
g. Required to interact with Industry Analysts and represent the company.
h. Required to prepare business plans for the L&A Insurance vertical with focus on underwriting service for commercial segment.
i. Should be able to identify partners and alliances to make transformational solutions.
j. Should be able to groom and guide the team on solutions.
k. Should be conversant with the industry trends and provide timely inputs to management for effective business decisions.Mandatory Skills:
- Should have created Insurance solutions in L&A Insurance across both claims and underwriting
- Good understanding of transformative levers to drive value on cost, Revenue and market leadership for carriers and Brokers
- Experience with common data science toolkits, AI / ML, Big data technology and NoSQL databases
- Should have been involved in Insurance BPO in multiyear pursuits with TCV ranging from 35-70 million
- Should be very conversant and created winning solutions in L&A Insurance vertical with focus on underwriting service for commercial segment
- Should have excellent communication skills (written and verbal), good interpersonal skills, eye for details, numerical orientation, analytical
- Must have at least 3 years- experience leading a team of solution or pre-sales analysts
- Must have worked on different pricing model and should have created them from grounds up
- Deep Understanding of key commercial terms associated with respective pricing modelsPosition is based on out Chennai, Bangalore, Kolkata, Mumbai or Pune and willing to travel frequently.Preferable:-
1. Experience with US and UK markets with industry accreditation like CPCU/ CII
2. Experience with Claims and Underwriting (focus on Underwriting operations)
3. Experience with large multi-national Insurance carriers
4. Commercial P&C and either of Health/ Life Insurance exposure
5. Candidate should be willing to travel on sales pursuits at short notice.
6. Assessing clients\' insurance needs and advising on suitable insurance products.
7. Reviewing and updating clients\' insurance policies as per their changing needs.
8. Building and maintaining strong client relationships through regular communication.
9. Staying up-to-date with changes in insurance policies and regulations.
10. Handling insurance claims and assisting clients in the claim process.Qualifications Required:
1. Bachelor\'s degree in Finance, Business, or a related field.
2. Relevant experience in the insurance industry or as an insurance advisor.
3. Strong understanding of various insurance products and policies.
4. Excellent communication and interpersonal skills.
5. Detail-oriented with strong analytical abilities.Key Skills: Life Insurance,Annuity,Claims,underwritingJob Location: Hyderabad,Hitech City.Work Experience: 12 to 16 YearsWork Mode: HybridEmployment Type: Full TimeNotice period : 0 to 30 Days
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