Jobs · Consulting · Illinois

Insurance Senior Consultant

Accenture · Chicago, IL · Yesterday
On-siteConsulting$70k–$206k/yrFull-time

About the role

The Insurance Consultant at Accenture Consulting will play a pivotal role in helping leading carriers, brokers, MGAs, and specialty insurers reinvent core business functions through a combination of industry expertise, technology innovation, data-driven insights, and AI-powered transformation.

Responsibilities

  • Design and implement business and operating model transformations across key insurance functions, including Claims, Underwriting, Product Development, Distribution, Policy Administration, and Customer Service.

  • Partner with insurance executives to define business strategies, identify performance improvement opportunities, and deliver high-impact transformation initiatives.

  • Apply deep functional knowledge to redesign processes, operating models, workforce structures, and customer experiences while balancing growth, risk, efficiency, and service objectives.

  • Lead client workshops and working sessions to document current-state processes, uncover root causes, challenge conventional thinking, and design future-state solutions.

  • Leverage AI, Generative AI, Agentic AI, intelligent automation, analytics, and digital technologies to solve complex business challenges and unlock new value opportunities.

  • Use creative problem-solving and structured analytical approaches to address ambiguous business issues and develop practical, innovative solutions.

  • Translate business needs into technology-enabled capabilities by evaluating platforms, tools, data assets, and emerging insurance technologies.

  • Analyze market trends, competitive dynamics, regulatory developments, and industry innovations to advise clients on future-ready strategies.

  • Support large-scale transformation programs from strategy through execution, driving measurable outcomes related to growth, operational efficiency, loss ratio improvement, customer experience, and employee productivity.

  • Develop executive-ready presentations, business cases, roadmaps, and recommendations for senior client stakeholders.

  • Contribute to business development efforts, including sales pursuits, proposals, client presentations, and thought leadership.

  • Support the growth of Accenture's Insurance practice through research, capability development, innovation initiatives, and the creation of industry points of view.

Qualifications

  • 2+ years of experience in the insurance industry and/or consulting, with exposure to one or more core functions including: Claims, Underwriting, Product Development, Distribution, Policy Administration, and Customer Service.

  • Knowledge of insurance value chain processes, operating models, and technology ecosystems.

  • Understanding of emerging technologies including Artificial Intelligence (AI), Generative AI, intelligent automation, advanced analytics, and data-driven decision making.

  • Demonstrated ability to decompose complex business problems, synthesize insights, and develop creative, practical solutions.

  • Strong facilitation and stakeholder management skills with the ability to engage effectively with senior business and technology leaders.

  • Ability to work independently while managing multiple priorities in a fast-paced consulting environment.

  • Strong communication, presentation, and storytelling capabilities.

  • Previous consulting, business analysis, process improvement, or transformation experience preferred.

  • Entrepreneurial mindset with a passion for innovation, continuous learning, and delivering measurable business value.

  • MBA, CPCU, AIC, ARM, CFA, or other relevant industry certifications are a plus.

  • Demonstrated teamwork, leadership, and collaboration in a professional, academic, or military environment.

Similar jobs

Insurance Senior Consultant

AccentureAlbany, New York Metropolitan Area· Yesterday
Business Development$70k–$206k/yrapply on accenture.com