Requisition Id : 1568733

As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who you can become. We believe that it’s your career and ‘It’s yours to build’ which means potential here is limitless and we'll provide you with motivating and fulfilling experiences throughout your career to help you on the path to becoming your best professional self.

The opportunity : Manager- Insurance Strategy - Mumbai

FS :

Amid comprehensive regulatory change, today’s financial services institutions are focusing on digital transformation, convergence and disruption from an array of non traditional competitors — all while meeting greater demands for trust and transparency.

To address this delicate balance of issues, our proficient team of business strategists, technologists and industry leaders bring fresh thinking and sector knowledge across banking and capital markets, insurance, and wealth and asset management. The results are seamless collaboration, innovative problem solving, breakthrough performance gains and sustainable value creation.

We recruit, train and foster a diverse set of people who give their minds to building the future of financial services. Together, we explore new perspectives with innovative and innovative thinking to deliver exceptional client service and ensure that what we do today, counts for tomorrow.

CNS - BC - Transformation Delivery :

EY Consulting is building a better working world by transforming businesses through the power of people, technology and innovation. Our client-centric approach focuses on driving long-term value for our clients by solving their most strategic problems. EY Consulting is made up of three sub-service lines: Business Consulting (including Performance Improvement and Risk Consulting), Technology Consulting and People Advisory Services. 

Business Consulting works with clients to reimagine or transform their business purpose and model; create growth; manage cost and efficiency; respond to market pressures and regulation; and resolve operational challenges. The scope of this team encompasses innovation, strategy and purpose, through deep functional experience in business transformation, finance, supply chain and operations, providing support for the complex and large-scale program and portfolio management.

It has multiple fields of play such as:

Finance Consulting - helps assess and transform our clients' finance function to improve performance and effectiveness. We help organizations implement service and cost improvement initiatives, and embed a performance management process and culture that unites the business around its core objectives.

Business Transformation - a m?ultidisciplinary competency, gathering capabilities in transformation architecture, experience design, business design and transformation execution to problem-solve, design and deliver large scale, multi-year, multi-stakeholder transformation programs.

Supply Chain and Operations - we provide a unique combination of industry-specific, strategic, operational and financial insights, digital technology advances and strategic alliance partners to deliver better outcomes and also help clients effect fundamental change in their operations’ performance to support sales growth, become more cost competitive, minimize risk and ensure operational resilience.

Required skillset          

•            Data analysis, financial analysis and modelling

•            Market research (primary and secondary)

•            Leadership skills

•            Client relationship building skills

•            Project management

•            Business development skills

•            Advanced knowledge of MS Excel, Word, Power point

•            Strong analytics and problem solving skills

•            Ability to adopt to the challenging assignments and deliver the output  within stipulated timelines 

•            Other

•            Willingness to travel for extended periods

•            Able to thrive in relatively unstructured situations

Desired experience       •            1-3 years of experience with exposure to consultancy (preferably BFSI sector) or insurance / reinsurance industry

•            Understanding of key business processes in the BFSI sector

•            Preference will be given to the candidates having worked on at least 2-3 of the following areas:

•            Strategy formulation and implementation

•            Business planning

•            Financial planning, budgeting and analysis

•            Strategic cost optimization

•            Process reengineering / transformation

•            Market entry & business growth strategy

•            Distribution transformation

•            Organization level project / program management

•            Experience of working with the leadership team and CXOs of the firm(s) is desired, but not essential

•            Candidates having exposure to different lines of business within insurance sector (General, Health, Life insurance) will have an added advantage

Job Role             •            Client service delivery/execution

•            Execute projects at times supporting multiple clients. Assume near independent responsibility for smaller clients

•            Manage client personnel

•            Knowledge Management

•            Assist in developing point of views / thought leadership

•            Support knowledge sharing efforts and continually improve processes so that the work team can capture and leverage knowledge

•            Business development:

•            Support business development efforts including taking proposal preparation

•            Identify new opportunities for existing clients and communicate to manager

•            Network internally within the peer group and other levels in the firm in order to gain understanding of issues that may impact issues with his clients

•            Develop industry expertise

•            People Management   

•            Be a strong team player

•            Learn and develop team management skills

Academic Qualifications           B.E. / B.Tech. + MBA or CA + MBA (preferably from a premier institute such as IIMs,  NITIE, SP Jain, XLRI, ISB, FMS etc.) with a good academic background

What we offer

With more than 200,000 clients, 300,000 people globally and 33,000 people in India, EY has become the strongest brand and the most attractive employer in our field, with market-leading growth over compete. Our people work side-by-side with market-leading entrepreneurs, game- changers, disruptors and visionaries. As an organisation, we are investing more time, technology and money, than ever before in skills and learning for our people. At EY, you will have a personalized Career Journey and also the chance to tap into the resources of our career frameworks to better know about your roles, skills and opportunities.

EY is equally committed to being an inclusive employer and we strive to achieve the right balance for our people - enabling us to deliver excellent client service whilst allowing our people to build their career as well as focus on their wellbeing.

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Join us in building a better working world. Apply now.