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Consultant - Life & Annuities Insurance
2 months ago
Consultant - Life & Annuities Insurance, Commissions Expertise
Location: Addison, TX or Montpellier, VT
Company Overview
Cognizant stands as a premier professional services firm, dedicated to reshaping the business, operational, and technological frameworks of our clients for the digital age. Our distinctive, industry-focused consultative methodology empowers clients to conceptualize, construct, and manage more innovative and efficient enterprises. As a member of the NASDAQ-100 and ranked 195 on the Fortune 500, Cognizant is consistently recognized among the most esteemed companies globally.
Cognizant Consulting
Within Cognizant lies Cognizant Consulting, a worldwide consulting entity that delivers strategic and domain-specific consulting through extensive industry and technological knowledge. With a robust team of over 6,000 consultants globally, we provide high-value consulting services aimed at enhancing business performance and operational efficiency while reducing costs. Our clients benefit from our profound industry insights, program management capabilities, and analytical objectivity, which collectively drive technology-enabled business transformation and elevate shareholder value.
Position Overview
We are seeking a Consultant in Insurance Consulting who can effectively contribute to Cognizant's Five Pillars of Consulting Excellence: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, and 5) People Development. In this role, you will assess the business and technological challenges faced by our insurance clients and devise innovative solutions to facilitate transformation. Your responsibilities will include engaging in the requirements analysis process, fostering strong relationships with clients and team members, and cultivating industry and domain expertise.
Key Responsibilities:
- Deliver consulting services that encompass practices, expertise, and resources to address business challenges while identifying and managing necessary process enhancements.
- As a Product Owner, you will shape and communicate the product vision and strategy, ensuring alignment with customer feedback and team objectives.
- Establish a clear and ambitious product vision, effectively communicating the narrative to key stakeholders and team members.
- Oversee the comprehensive product strategy from inception, assessing business value upon solution deployment.
- Formulate solutions, business cases, and roadmaps, presenting concise recommendations that include relevant people, processes, and technology solutions.
- Articulate a clear product vision, strategy, value proposition, and measurable business KPIs that the product aims to achieve.
- Stay informed on industry trends, emerging technologies, and competitor offerings to align the product roadmap for differentiation and market leadership.
- Develop a deep understanding of the insurance industry and technology, focusing on personal and/or commercial lines of business, including transformation programs.
- Drive outcomes for insurance technology products, ensuring smooth progress across multiple stakeholders within the client organization.
- Identify and support opportunities to enhance practice capabilities by developing service offerings and case studies.
Qualifications:
- 5 - 8 years of progressive experience as a Business Analyst, Systems Analyst, or Product Owner.
- 4 years of experience in an agile environment.
- Experience in managing product development deliverables, including requirements gathering, user story creation, acceptance testing, and product launches.
- Proven knowledge of the Life and Annuity insurance sector is essential.
- A strong operational processing background with commissions experience is advantageous.
- Business Analyst designation (CBAP) is preferred.
- Experience in collaborating with stakeholders to comprehend requirements and translate them into functional and technical specifications or new features.
- Expertise in eliciting requirements, analyzing, and developing solutions that meet business needs or crafting effective user stories with acceptance criteria.
- Exceptional problem-solving, critical thinking, and analytical skills are necessary to define and understand business needs and determine suitable solutions for organization-wide change.
- A Bachelor's degree in business administration, Business Management, Information Systems, or a related field is required.
Compensation and Benefits:
Cognizant offers a comprehensive benefits package for this position, subject to applicable eligibility requirements, including:
- Medical/Dental/Vision/Life Insurance
- Paid holidays and Paid Time Off
- 401(k) plan and contributions
- Long-term/Short-term Disability
- Paid Parental Leave
- Employee Stock Purchase Plan
Disclaimer: The information regarding salary, compensation, and benefits is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, in accordance with applicable law.
