Deloitte

Insurance Underwriting Business Analyst

Deloitte$128K — $252K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree
  • 2+ years in commercial or specialty insurance underwriting or operations
  • 2+ years in business analysis or transformation initiatives for insurance
  • 2+ years in creating presentations with Microsoft PowerPoint
  • Ability to travel 50% on average
  • Legally authorized to work in the U.S.

Responsibilities

  • Support advisory and transformation efforts in commercial and specialty insurance
  • Gather and document business requirements for underwriting and policy administration
  • Develop process maps and fit-gap assessments for transformation initiatives
  • Support solution design and execution including testing phases
  • Prepare client-ready materials and facilitate discussions with stakeholders

Benefits

  • Broad range of employee benefits
  • Opportunities for professional growth
  • Support in developing skills relevant to insurance solutions
  • Collaboration with industry-leading experts
  • Access to a global network of resources and support
Full Job Description
Work you'll do

As a Senior Consultant, Strategy, Growth and Transformation on the Insurance Solutions team, you will be responsible for advising clients on commercial and specialty insurance underwriting and policy transformation, operating model design, and business process modernization. You will:
  • Support business advisory and transformation efforts across commercial insurance and specialty insurance underwriting, rating, policy administration, and policy operations
  • Gather and document business requirements for underwriting, rating, policy administration, and distribution, with emphasis on commercial and specialty insurance use cases
  • Develop process maps, user stories, acceptance criteria, and fit-gap assessments to support strategy, operations, and technology-enabled transformation initiatives for underwriting and policy functions
  • Support solution design, test planning, and execution, including system integration testing and user acceptance testing, aligned to underwriting and policy objectives
  • Prepare client-ready materials, facilitate workshops and demos, and communicate insights and recommendations to client and Deloitte stakeholders
A successful candidate would possess these skills:
  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others
The team

Our Industry Solutions offering provides verticalized solutions that transform how clients sell products, deliver services, generate growth, and execute mission-critical operations. We deliver integrated business expertise with scalable, repeatable technology solutions specifically engineered for each sector.

Insurance moves the world forward. It's the invisible safety net behind everything else that happens in society. To stay ahead, insurers need modern solutions. Our Insurance Transformation practitioners serve as trusted advisors to our clients, combining strategic thinking with deep industry knowledge to solve complex business problems in a team-based environment. We architect operating models and processes that enable growth, optimize capital, and maximize operational efficiency. We implement innovative technology solutions spanning core, digital, data, analytics, cloud and AI.

Deloitte's Financial Services Industry consulting practice is the largest in the world, serving over 90% of Fortune 500 banking, insurance, securities, investment management, and real estate companies.

Qualifications

Required:
  • Bachelor's degree
  • 2+ years of experience in commercial insurance or specialty insurance underwriting, policy administration, distribution, or insurance operations; experience limited to personal lines does not meet this requirement
  • 2+ years of experience supporting business analysis, requirements gathering, process mapping, fit-gap analysis, or transformation initiatives for underwriting or policy functions
  • 2+ years of experience creating structured presentations and storyboards in Microsoft PowerPoint
  • Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.
Preferred:
  • Advanced degree (Master of Business Administration or PhD)
  • 1+ years of experience managing one large business integration effort and project team through scoping, planning, analysis, requirements, design, development, and testing
  • Chartered Property Casualty Underwriter (CPCU) or Associate in Risk Management (ARM) certification
  • 1+ years of experience with Property & Casualty platforms, including Guidewire, Duck Creek, Majesco, Origami, or similar
  • 1+ years of experience delivering using Agile or Scaled Agile Framework (SAFe) methodologies
  • Scrum Master or Project Management Professional (PMP) certification
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $128,000 to $252,500.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Recruiting tips

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Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.

About Deloitte

Deloitte is a multinational professional services network that provides audit, tax, consulting, enterprise risk and financial advisory services. The company was founded in London in 1845 and has since grown to become one of the largest professional services firms in the world. Deloitte has over 330,000 employees in more than 150 countries and territories. The company's mission is to help clients achieve their goals and make an impact that matters in their businesses and communities.
Learn more about Deloitte
Size
330,000 employees
Industry
Founded
1999

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