Senior Consultant

3 weeks ago

Teaneck NJ United States Cognizant Full time

Senior Consultant – P&C Insurance, Finance Transformation
Remote
Insurance Consulting

ABOUT US
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant, a member of the NASDAQ-100, is ranked 195 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com

COGNIZANT CONSULTING
Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide a number of Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The Cognizant Consulting team is a high performing organization that is continually expanding our client base and increasingly being recommended by analysts such as Forrester and Gartner. And we’re growing

The Role
We’re looking for a Senior Consultant, Insurance Consulting who can deliver within Cognizant’s Five Pillars of Consulting Excellence, which are: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Senior Consultant, you will analyze our insurance clients' business and technology challenges and build creative solutions to drive transformation. You will be responsible for participating in the requirements analysis process, developing strong working relationships with clients and team members, and building industry and domain expertise. Specifically, as a Senior Consultant, you have the opportunity to deliver immediate value to clients by working with a project-based team of consultants.

Responsibilities:

  • Providing consulting services, including practices, expertise, and resources to tackle business challenges, and helping identify and manage needed process improvements (including identification of new or improved business capabilities)
  • Develop a vision for the finance division and realizing the vision through large scale transformations encompassing finance process redesign, service delivery model development, and technology implementations.
  • Lead consulting engagements with problem identification by translating engagement objectives into defined scope and executable tasks for team members. Lead team to form problem statement for project (engagement or component of engagement).
  • Lead the team to develop solution, business case, roadmap and present summary recommendations, including relevant people/process/technology solutions.
  • Develops clear and comprehensive product vision, product strategy, value proposition and measurable business KPIs that the product will deliver
  • Understand industry trends, emerging technologies and competitor offerings and align product roadmap for differentiation and market leadership
  • Developing relevant insurance industry and technology knowledge with in-depth focus in personal and/or commercial lines of Business including transformation program (corporate finance, underwriting, claims and agent/broker facing capabilities)
  • Drive insurance technology product outcomes and make sure the product development is progressing smoothly across multiple stakeholders within client organization
  • Identify and support areas to build practice capabilities by developing service offerings, case studies.

Qualifications:

  • At least 5+ years of P&C insurance consulting experience with working experience in finance transformation & Process improvements.
  • Understanding of corporate finance functions that applies to a P&C insurance carrier.
  • Exposure to working on transformation programs within Insurance domain.
  • Expertise in FP&A or Finance Strategy.
  • Comprehensive understanding of core P&C insurance is a must.
  • Research, development and authoring of consulting mindshare e.g., articles, whitepapers, and other collaterals
  • Personal leadership and a desire to create a culture that enables exceptional outcomes; the embodiment of Cognizant’s Core Values of: Start with a point of view; Seek data, build knowledge; Always strive, never settle; Work as one; Create conditions for everyone to thrive; Do the right thing, the right way.
  • Bachelor’s degree in business, Computer Science, Information Systems or similar field.
  • Background in Management Education - Master’s degree preferred.

Location: Remote

Work Authorization

Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B, L-1B, L-1A, etc.)

Salary and Other Compensation:

Applications will be accepted until 6/20/2024.

The annual salary for this position is between $95,000.00 to $135,000.00 depending on experience and other qualifications of the successful candidate.
This position is also eligible for Cognizant’s discretionary annual incentive program and stock awards, based on performance and subject to the terms of Cognizant’s applicable plans.
Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

• Medical/Dental/Vision/Life Insurance
• Paid holidays plus Paid Time Off
• 401(k) plan and contributions
• Long-term/Short-term Disability
• Paid Parental Leave
• Employee Stock Purchase Plan

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

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