Analyst - US Insurance Practice
Preferred Locations – New York, New Jersey, Connecticut, Pennsylvania
Alpha is the leading global consultancy to the asset and wealth management industry. We are a boutique global management and technology consulting firm that offers the world’s top insurance, asset, and wealth managers a competitive edge through our unrivaled expertise and industry insight. Our firm was founded in 2003 at its London headquarters, and its rapid expansion led to a successful IPO in October 2017. Alpha has grown to over 1000 consultants globally, including an expeditiously growing team in North America. Our client base includes leading insurance, asset and wealth managers, and we work with over 870 clients globally. Alpha has offices in the US, Canada, Europe, and APAC. While our North America team can be based remotely (with client-based travel); our offices are located in New York, Toronto, Boston, Denver, Austin, and San Francisco.
At Alpha, diversity, equity and inclusion is critical to our success, and we are committed to employing individuals from all backgrounds to reflect the multi-faceted society we live in. We have worked hard to foster an environment that welcomes everyone and celebrates each other’s successes. We aspire for Alpha to not only feel like ‘a job’ – but a close-knit community and the place where you want to build a career.
Our people are at the heart of everything Alpha accomplishes, and we pride ourselves on working hard, delivering at the highest caliber, and achieving our objectives through collaboration. Among the benefits our vibrant firm offers, our focus on providing a supportive and social environment to employees lies at the core of our values. This includes firm sponsored summer trips, comprehensive training and development programs, holiday parties, mentor / mentee events, peer-group activities, and regular socials at top local spots. Our community-oriented culture reflects fundamental values of Diversity, Equity & Inclusion as well as preeminent Corporate Social Responsibility.
The US Insurance practice continues to expand and grow to deliver value for our clients across the business and technology outcomes. We offer services across strategy, operations transformation, technology and data strategy and technology implementation services across P&C, L&A, Broker clients. Our clients span across Personal, Commercial Lines, Life and Annuity, Group and Retirement and they recognize us for the unique value proposition we have to deeply understand the insurance domain and connect the business goals with enablement areas across operations, technology and data.
What makes us different?
- Established yet entrepreneurial – We believe that Alpha is the perfect combination of a successfully established firm (founded in 2003) whilst being entrepreneurial, dynamic, and growing. This means, your contributions are not only impactful and valued, but you also have the support of a top-tier organization with rapid growth and progression opportunities
- Work alongside the best in the industry – Working at Alpha gives you the opportunity to work alongside both the leading organizations in our industry, and also experts within the Alpha team. Learning directly from both will allow you to accelerate the development of your own expertise in the asset and wealth management space
- We invest in developing your talent – We run tailored training for all levels and support our talent with industry-leading qualifications. To support ongoing learning and development, we also offer up to 5 days of paid training time per year
- A true meritocracy – At Alpha, we don’t have any concept of ‘time at level’ or promotion quotas – which means that your potential is truly driven by your performance, and you are in charge of your own career trajectory
- High responsibility and autonomy – Each member has a high level of responsibility and autonomy on every project, as well as exposure to senior team members (e.g. Partners) who continuously support, train and develop you
- You share in our success – We enable everyone to share the firm’s success with unique incentives
- Culture and community – We pride ourselves on creating a supportive, nurturing environment where people can be themselves
Roles and Responsibilities:
We have a fast-growing team of dedicated consultants with deep experience from working both within the industry and consulting. Successful candidates should expect a diverse range of complex and strategic engagements across the Insurance market. As we continue to expand our client base and expertise, we are looking for individuals to join our team to support our growth journey. Please see below an outline of the responsibilities of the role as well as the requirements.
As a Consultant, you will be responsible for:
- Working, both alongside a team and independently, on client projects, supporting project design through to delivery
- Supporting with the creation of high-quality work products within expected timeframes
- Owning key items for project delivery – including possible ownership of deliverables or workstreams within a project
- Actively participating in the preparation of materials for and delivery of project and client meetings
- Identifying and internally discussing ideas for further business opportunities
- Tracking and monitoring project plans and milestones, as well as key project issues, risks, actions, and dependencies, and escalating where appropriate
- Managing competing demands and priorities, from both internal and external stakeholders, to the satisfaction of all parties
- Understanding Alpha and its services and actively assessing ways to serve clients
- Staying abreast of General Insurance & Specialty trends relevant to the client's business
- Making a contribution to business development, supporting with the development of one or two internal business management areas (e.g. contributions to thought leadership or recruitment or Alpha proposition development)
We want to hear from people with:
- 3+ years of proven experience in the delivery of consulting or change projects gained within a leading financial institution or consulting firm
- Significant experience within ‘blue-chip’ consulting firms focused on insurance sector, insurance carriers, brokers
- Experience on projects focused on Target Operating Model, business processes and/or IT solutions in some of the following areas: Sales & Marketing, Distribution, Underwriting and PAS, Claims, Operations, IT, Data, and other insurance transformations
- Strong stakeholder management and influencing skills – with both clients and colleagues
- Excellent communication, presentation, and problem-solving skills, confident at structuring and articulating messages and adapting communication style for different audiences
- Demonstrable proficiency in relationship development, preferable with business development/ account management experience and a proactive interest in contributing to the growth of the practice
- Superb interpersonal skills, with the ability to influence, build strong relationships and establish a high degree of credibility internally and externally
- Ability to work together with and coach junior team members
- Focus on team achievement, not just individual goals
Compensation and Perks:
As part of the Alpha team, you will be rewarded with the following:
- Competitive salary with annual profit-sharing opportunity
- 401k matching
- 25 days of annual paid time off
- Supplemented medical, dental and vision coverage
- Reimbursement for commuting, mobile phone, and home internet expenses
- Choice of laptop
- North America team-wide training and retreats
- Sponsorship towards professional certifications / training supported with 5 days of paid training time
There are a wide range of factors that are considered in making compensation decisions including but not limited to skill sets, experience and training, and licensure and certifications. A reasonable estimate of the range is $90,000 to $150,000 subject to change based on salary benchmarking. In addition to this salary, employees would be eligible for both variable and non-variable benefits.
Equal Employment Opportunity
Alpha is an equal opportunities employer and the Group’s policy is to ensure that all employees, or those seeking employment, are treated fairly. All decisions relating to recruitment, selection and promotion are made objectively regardless of race, ethnicity, nationality, gender, sexual orientation, religious belief, political opinion, age, or disability.
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