Consultant - US Insurance Practice

Job Title:  Consultant - US Insurance Practice: New York, New Jersey, Connecticut

Alpha’s North America Insurance practice continues to expand and grow to deliver value for our clients across 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 Personal and Commercial Lines, Life and Annuity, Group and Retirement. They recognize Alpha 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 

Position Overview:

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. You will be responsible for identifying and implementing solutions for a range of issues facing insurance companies. Over the course of each project, you will collect and analyze data, prepare and test hypotheses, and present recommendations to the client to solve their unique business challenge. You’ll be playing a proactive supporting role in driving our programs forward and engaging directly with client stakeholders to solve their business challenges.

Position Responsibilities:

• Understand complex insurance issues and their potential impact on the clients’ business

• Engage with stakeholders to drive & lead execution against effective project plans, anticipate potential issues, and provide structured solutions to ensure a successful client engagement.

• Lead a workstream or component of a project, taking responsibility for the creation of client deliverables by facilitating client interviews and workshops, performing analyses, synthesizing clear insights from complex information, and developing content that clearly articulates recommendations.

• Develop meaningful and successful relationships with clients and vendors by understanding the different needs of stakeholders and establishing a high degree of credibility.

• Support Alpha FMC’s broader business evolution, including co-authoring whitepapers and performing market research to identify opportunities.

• Contribute to the wider Alpha community by making innovative and proactive contributions to one or more business management or practice areas.

• Maintain a broad understanding of the challenges facing the Insurance Industry and knowledge of relevant issues and trends within one or more of Alpha’s practice areas.

 

Requirements:

• Bachelor’s degree in Risk Management, Business Management, Business Analytics, Economics, Engineering, or related disciplines.

• At least 2 years of proven consulting experience at a recognized consulting firm or through an ‘in-house’ consulting / business analyst role at a leading financial institution.

• Experience within financial services, preferably within the insurance industry.

• Excellent consulting and problem-solving skills, and familiarity with recognized project and consulting frameworks and business process mapping.

• Excellent written and verbal communication skills; the ability to articulate complex problems and solutions in a simple, logical, and impactful manner; executive presentation skills.

• Proven track record of building and sustaining lasting relationships with team members.

• Appetite to support clients across our practice areas Intellectual capacity and ability to think in new, innovative ways to understand complex issues and develop creative solutions.

• Ability to comfortably multi-task and engage in multiple initiatives concurrently.

• Flexibility to travel up to 50%.

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

If you’re ready to part of one of the fastest growing consulting organizations serving the insurance industry, submit your application today.

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 $80,000 and $110,000 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.