Principal Consultant - Life & Annuities

About the Team:  

CAPCO - US Insurance Practice: A successful insurance business is only as strong as the strategy, operations and people behind it. Acquisitions, organizational change, and rapid growth have left in their wake solutions that slow down business processes, impact the customer experience, limit distribution, and create talent acquisition and retention issues. While today’s market and regulations demand greater operational agility and flexibility. 

Our team is tasked with helping insurers evolve to bring innovative products to market quickly, support a growing set of distribution needs, with an emphasis on securely embracing the digitally enabled advice and servicing needs of the consumer. We are growing rapidly and are breaking ground on innovative and provocative solutions for our clients.  Our team is vibrant, professionally curious, and excited to help grow with our clients and drive the newest frontiers for carriers.

About the Job:  

As a Principal Consultant on the US Insurance team, you will work in a fast-paced environment  using your strong digital operations and consulting experience to deliver on projects focused in insurance and financial services, i.e. life, retirement, annuity, & employee benefits, You will also lead a top notch team in our Business Consulting Practice leveraging your strong background in process analysis/facilitation/change, customer/agent experience, digital transformation & project management while helping to lead business development activities.  You will also enjoy mentoring and helping to build a sense of community with all level consultants in the market.

What You’ll Get to Do:  

• Provide end-to-end oversight for the delivery of complex, large-scale initiatives
• Support commercial growth of our Insurance clients
• Develop forward-thinking technology, business, and digital solutions for insurance clients
• Synthesize market and industry trends into clearly articulated, tailored, and market differentiated client solutions
• Lead and mentor resources to grow in their careers
• Produce insights, analyses, and recommendations to improve client performance, drive understanding of client issues and provide strategic guidance related to products
• Proactively engage with clients and Capco leadership in regular strategic & planning discussions; cultivate and manage a pipeline of work with clients
• Create, or be accountable for the creation of, professional, client-ready proposals and other critical deliverables

What You’ll Bring with You:  

• 8+ years of professional experience in the insurance industry with a focus on life, annuities, retirement, worksite / group benefits in North America
• 2+ years of experience working for a management or technology consulting firm required
• Experience in one or more of the following areas of consulting within the insurance industry: operational excellence, operational transformation, marketing/digital transformation, business strategy, technology and data transformation, business performance
• Deep understanding of the business and operations of insurance businesses
• Experience hitting individual sales targets/goals in a consulting environment
• Confidence in developing client relationships and building business rapport and trust
• Ability to communicate effectively to all levels, present at industry conferences, and drive our message across our global insurance practices 
• Ability to leverage and develop trusted and durable relationships with clients and partners across domains 
• Understanding of the business from a vendor and provider standpoint 
• Extensive experience in delivering large scale program initiatives, reporting directly to senior stakeholders, and managing multiple teams 
• Ability to develop and author client deliverables with a high degree of quality and attention to detail
• Bachelor's degree required, advanced degree preferred

Why Capco?  

A career at Capco is a chance to help reshape the competitive landscape in financial services.  We launch new banks, transform existing ones, and help our clients navigate complex change.  As consultants, we work on the front-end business design all the way through to technology implementation. 

We are the largest Financial Services focused consultancy in the world, serving everyone from global banks to emerging FinTechs, from strategy through digital transformation, design, business consulting, data and analytics, cyber, cloud, technology architecture, and engineering. 

Capco is a young and growing firm. We maintain an entrepreneurial spirit and growth mindset and have minimal bureaucracy. We have no internal silos that get in the way of your career opportunities or ability to focus on our clients and make a difference to the business.  We offer the opportunity for everyone to learn rapidly, take on tough challenges, and get promoted quickly. We take pride in our creative, collaborative, diverse, and inclusive culture, where everyone can #BYAW.  

We offer highly competitive benefits, including medical, dental and vision insurance, a 401(k) plan, tuition reimbursement, and a work culture focused on innovation and creation of lasting value for our clients and employees.  

Ready to take the Next Step?

If this sounds like you, we would love to hear from you.  This is an opportunity to make a difference and contribute to a highly successful company with a significant growth trajectory.  

Last updated on Aug 12, 2024