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Solution Analyst, Insurance, India

3 months ago

Gurgaon, India Boston Consulting Group Full time

Who We Are

Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact.

To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital venturesâand business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.



What You'll Do


You will be a part of the Insurance data asset team, comprising content experts, with strong industry knowledge, and technical experts, responsible for delivering BCGâs proprietary benchmarks and market sizing tools to the clients and case teams. As an integral member of the team, you will be responsible for

 

  • Building/designing/automating products:

o    Having end-to-end ownership of the product and its respective modules/features

o     Gather requirements, translate them into executable steps, build the solution prototype, and present to relevant stakeholders

o    Enhancement of features as required from time-to-time

  • With guidance from senior colleagues, you will support the development of new offerings and maintenance of existing intellectual property & assets. You will act as "the first line of defense" in data quality & validation and model building, ensured via a hands-on working approach, substantial experience, and robust documentation framework for the product. You will focus on the entire spectrum of the insurance industry - Life, Property & Casualty, Commercial & Reinsurance, and Health insurance.

YOU'RE GOOD AT:

  • Applying in-depth understanding of insurers financial reporting (income statement & balance sheet and financial analysis thereof) to build key proprietary assets of the Insurance Practice Area - Insurance Profit Pools & Insurers Financial DataCube
  • Building deep analytical models (using Excel, SQL, and other technical platforms) to drive market projections and perform insurer financial benchmarking
  • Working collaboratively and effectively with internal (global knowledge teams) and external stakeholders/experts to gather insurance knowledge for different global markets to further strengthen the analysis and storyline for each market
  • Communicating with senior stakeholders to manage expectations, being credible and proactive to validate results from market and benchmarking models
  • Drawing meaningful messages out of data and the ability to customize the analysis and insights for the client in the context
  • Framing, structuring, and sharing intellectual property, with the ability to write clearly and concisely
  • Working creatively and analytically in a time-limited, problem-solving environment
  • Flexibility and bring a curious and creative mindset, open for new things and able to propose innovative ideas
  • Constructive work ethics in a well-knit team


What You'll Bring

  • 2+ years of insurance-related industry experience preferably including financial analysis / financial planning/market modeling related expertise; ability and affinity to develop deep knowledge in insurance industry topics
  • Bachelor's degree required; advanced degree preferred
  • Good knowledge of data modeling and visualization tools like Excel, SQL, Alteryx, Tableau is preferred
  • Mastering VBA considered a "plus", but not a "must"
  • Solid knowledge of and affinity for database and analytical tool management
  • Collaborative work style with solid work ethics, service-mentality, and experience of working in a matrix organization
  • Strong ability to work with multiple clients in a fast-paced environment, prioritize requests and manage expectations of clients, strong multi-tasking capabilities
  • Strong analytical capabilities â financial and operational data, data management and manipulation, statistical analysis and modeling
  • Superior problem solving
  • Good slide writing & story lining
  • Effective  and fluent written & verbal communication (will interact with clients)#LI-ND1 #BCGXjob


Who You'll Work With

You will collaborate with global topic leads and colleagues across BCG to bring expertise and capabilities to the service of our internal and external clients. Our team is made up of a diverse pool of knowledge positions that allow us to pursue exciting, innovative knowledge careers.



Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
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