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Financial Services Business Consulting, Insurance - Property & Casualty Senior

$97.3k - $178.3k

Ernst & Young

Location Boston, Chicago, Charlotte, Columbus, New York Opportunity We are currently seeking an experienced Senior Consultant to strengthen and grow our Property & Casualty Business Consulting practice. Primary services include: AI and digital-enabled business transformation Operational and process improvement Emerging technology and predictive analytics implementation Vendor and expense management Process and controls assessments Leakage analysis and technical claims quality assessments Key Responsibilities Development and implementation of AI-enabled and digital strategies, associated business cases and roadmap development to improve claim program performance Analysis of historical data to identify critical trends impacting P&C program performance Operational assessments, including target operating model design, process optimization, staffing models, segmentation strategies, internal process and controls and vendor strategy Technical claims audits to assess process compliance, adherence to industry quality standards, quantify claim leakage and assess reserve adequacy Assist with implementation of P&C technology strategies Maintain ongoing knowledge of evolving insurance industry trends and challenges, with a specific focus on claims Help clients develop strategies to address emerging industry challenges and opportunities, including litigation management and responsible AI adoption Skills & Attributes Understand EY's service offerings and actively assess/present opportunities to bring value to clients Develop long-term client and industry relationships and networks Work with colleagues to generate future business opportunities with existing and new clients Collaborate with colleagues and clients to determine an engagement strategy and implementation plans Communicate effectively with the client and the engagement team Develop and maintain productive relationships with clients and EY colleagues Successfully manage project budget and engagement performance metricsStay informed of general business/economic developments and their impact to the client Develop people and delegate work effectively while fostering teamwork and innovative thinking Contribute to on-the-job feedback/training and conduct performance reviews Commit to developing knowledge and using technology to continually learn, share knowledge with team members, and enhance service delivery Respect and protect confidential client information Develop formal reports and deliverables in a concise and consumable way Qualifications A Bachelor's degree and 6 years of relevant working experience Experience in property & casualty insurance gained from employment with a consultant, insurer, broker or TPA 5+ years’ experience across any of the following lines of insurance: Auto, Property, General Liability, Workers’ Compensation, and/or Disability 3+ years of claims process excellence/strategy and/or supervisory/management experience Excellent business, communication and presentation skills Strong writing, presentation, conceptual, analytical, and interpersonal skills Comfortable with speaking to larger audiences and executive level professionals Demonstrated proficiency with PowerPoint and Excel Willingness to travel up to 50% to meet client needs, as needed Ideal Additions 3 years of project management experience Completion or significant progress towards the completion of an advanced, recognized insurance industry designation (e.g., AIC, ARe, ARM, CPCU), or an advanced degree (e.g., MBA, JD) Consulting experience pertaining to claims transformation Benefits Competitive compensation package with performance-based rewards and a comprehensive Total Rewards package, including: Base salary ranging from $97,300 to $178,300 for all U.S. locations, with higher ranges for New York City Metro Area, Washington State, and California (excluding Sacramento) Medical and dental coverage Pension and 401(k) plans Paid time off, including vacation, winter/summer breaks, personal/family care, and other leaves of absence Flexible vacation policy allowing you to decide the amount of vacation time needed Continuous learning opportunities and transformative leadership support EY is an equal opportunity, affirmative action employer providing equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity or expression, national origin, protected veteran status, disability status, or any other legally protected basis, in accordance with applicable law. If you meet these criteria, please apply as soon as possible. #J-18808-Ljbffr EY

Vacancy posted 2 days ago
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