Senior Associate, Consulting Financial Services, Insurance

9 Minutes ago • All levels
Risk Management

Job Description

At PwC, we provide professional services to clients, focusing on optimizing operational efficiency and effectiveness, and increasing their ability to serve the Canadian market. As a Senior Associate in Financial Services Consulting, you will guide clients in optimizing operations, analyzing needs, developing solutions, and offering recommendations. This role focuses on the Insurance sector (P&C, Life, Group Benefits / Retirement, Wealth Management), working with carriers, distributors, and partners to design solutions for complex business issues from strategy to execution.
Good To Have:
  • Understanding of the insurance industry, insurance products and distribution.
  • Hands on exposure to insurance functions including sales, underwriting, claims, customer administration, and reporting.
  • Experience designing target operating models, assessing business capabilities, and building business cases.
  • Experience within Technology and Data strategy and transformation activities including familiarity with Technology Architecture, automation, Data management.
  • Familiarity with technology concepts including architecture, data strategy, governance and management, systems/applications.
  • Interest in emerging trends related to insurance and financial services, with the ability to multitask and manage ambiguity.
  • Excellent written and verbal communication skills; self-motivated with a passion for client work and team work.
  • A demonstrated commitment to valuing differences and working alongside diverse people and perspectives.
Must Have:
  • Understand the client’s business and technology strategy and operations through research, interviews, formulating and testing hypotheses.
  • Conducting and managing market research and quantitative and qualitative analyses, including the synthesis of complex data into meaningful insights.
  • Deliver client projects on time and within budget exceeding client expectations through outstanding team performance and stakeholder management.
  • Work directly with clients to integrate People, Process and Technology (Data) components into meaningful, value-added solutions.
  • Build and maintain effective, trusting and collaborative client relationships at multiple levels.
  • Collaborate with team members at various levels to lead and develop compelling client proposals, white papers, thought leadership and points of view.
  • Contribute to building a strong and sustainable PwC culture through effective employee engagement, mentoring and coaching team members.
  • Exemplify the value created by diverse teams and can adapt to a variety of working styles.
  • Must have working experience within consulting services or strategic projects within a financial services organization.
Perks:
  • Continuous development environment
  • Competitive compensation package
  • Inclusive benefits
  • Flexibility programs

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Line of ServiceAdvisory

Industry/SectorNot Applicable

SpecialismOperations Strategy

Management LevelSenior Associate

Job Description & SummaryAt PwC, we provide professional services to our clients, with a focus on optimizing operational efficiency and effectiveness, and increasing their ability to serve the Canadian market. Our valued team members analyze client needs, develop operational strategies, and offer guidance and support to help clients streamline processes, improve productivity, and drive business performance.

As a Senior Associate in our Financial Services Consulting practice at PwC, you will possess a broad understanding of various aspects of operations consulting. You will provide comprehensive guidance and support to clients in optimizing operational efficiency and effectiveness. Working in this area, you will analyze client needs, develop operational solutions, and offer recommendations tailored to specific business requirements. For this role, we are looking to grow our team focused on the Insurance sector (P&C, Life, Group Benefits / Retirement, Wealth Management) which includes working with insurance carriers, distributors, and partners.

Meaningful work you’ll be part of

As a senior associate in the Insurance team for Financial Services Consulting, you’ll work with a dedicated group of problem solvers, helping to design solutions for complex business issues from strategy to execution. Responsibilities include but are not limited to:

  • Understand the client’s business and technology strategy and operations through research, interviews, formulating and testing hypotheses
  • Conducting and managing market research and quantitative and qualitative analyses, including the synthesis of complex data into meaningful insights
  • Deliver client projects on time and within budget exceeding client expectations through outstanding team performance and stakeholder management
  • Work directly with clients to integrate People, Process and Technology (Data) components into meaningful, value-added solutions
  • Build and maintain effective, trusting and collaborative client relationships at multiple levels
  • Collaborate with team members at various levels to lead and develop compelling client proposals, white papers, thought leadership and points of view, describing the business challenge and proposed business and technology solutions, scope, risks and dependencies
  • Contribute to building a strong and sustainable PwC culture through effective employee engagement, mentoring and coaching team members through timely, meaningful verbal and written feedback
  • Exemplifying the value created by diverse teams and can adapt to a variety of working styles

Experiences and skills you’ll use to solve

  • Must have working experience within consulting services or strategic projects within a financial services organization
  • Understanding of the insurance industry, insurance products and distribution considered an asset
  • Hands on exposure to insurance functions including sales, underwriting, claims, customer administration, and reporting considered an asset
  • Experience designing target operating models, assessing business capabilities, and building business cases considered a very strong asset
  • Experience within Technology and Data strategy and transformation activities including familiarity with Technology Architecture, automation, Data management
  • Familiarity with technology concepts including architecture (e.g. business, technical, logical, data), data strategy, governance and management, systems/applications (e.g. trade booking, investment book of record, collateral management, risk management)
  • Interest in emerging trends related to insurance and financial services, with the ability to multitask and manage ambiguity as you navigate changes to requests and tight timelines
  • Excellent written and verbal communication skills; self-motivated with a passion for client work and team work.
  • A demonstrated commitment to valuing differences and working alongside diverse people and perspectives
  • PwC Canada is committed to cultivating an inclusive, hybrid work environment. Exact expectations for your team can be discussed with your interviewer

Why you’ll love PwC

We’re inspiring and empowering our people to change the world. Powered by the latest technology, you’ll be a part of diverse teams helping public and private clients build trust and deliver sustained outcomes. This meaningful work, and our continuous development environment, will take your career to the next level. We reward your impact, and support your wellbeing, through a competitive compensation package, inclusive benefits and flexibility programs that will help you thrive in work and life. Learn more about our Application Process and Total Rewards Package at: https://jobs-ca.pwc.com/ca/en/life-at-pwc

Education

Degrees/Field of Study required:

Degrees/Field of Study preferred:

Certifications

Required Skills

Accepting Feedback, Active Listening, Analytical Thinking, Business Data Analytics, Business Performance Metrics, Business Transformation, Change Management, Communication, Creativity, Embracing Change, Emotional Regulation, Empathy, Epic Software, Epic Systems, Inclusion, Intellectual Curiosity, Learning Agility, Logistics Management, Management Consulting, Manufacturing Operations Management, Market Research, Operating Effectiveness Review, Operational Excellence, Operational Performance Management (OPM)

Optional Skills

Desired Languages

Travel Requirements

Not Specified

Available for Work Visa Sponsorship?

No

Government Clearance Required?

No

Job Posting End Date

At PwC Canada, our most valuable asset is our people and we grow stronger as we learn from one another. We’re committed to creating an equitable and inclusive community of solvers where everyone feels that they truly belong. We understand that experience comes in many forms and building trust in society and solving important problems is only possible if we reflect the mosaic of the society we live in.

We’re committed to providing accommodations throughout the application, interview, and employment process. If you require an accommodation to be at your best, please let us know during the application process.

To learn more about inclusion and diversity at PwC Canada: https://www.pwc.com/ca/en/about-us/diversity-inclusion.html. Be a part of The New Equation.

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