Senior Innovation Consultant

Wawanesa Insurance

$110K — $130K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years experience in business analysis or innovation strategy.
  • Bachelor's degree in business, economics, public policy, or equivalent experience.
  • Excellent research and data analysis skills.
  • Strong interpersonal and written communication abilities for senior leadership.
  • Understanding of the insurance industry and its key performance indicators (KPIs).
  • Experience with innovation methodologies like Business Model Canvas.

Responsibilities

  • Conduct detailed research and analysis of consumer, technology, and industry trends.
  • Lead research efforts to identify and evaluate innovation opportunities.
  • Prepare and present compelling business artifacts and insights.
  • Report on developments in insurance, including mega-trends and competitive intelligence.
  • Facilitate workshops and collaborate with cross-functional teams.
  • Promote innovation processes and methods within the organization.
  • Maintain organized records of business artifacts for knowledge sharing.

Benefits

  • Hybrid work environment with flexible remote options.
  • Eligibility for an annual bonus plan and leave top-up programs.
  • Generous vacation time and personal days.
  • Comprehensive health benefits at no additional cost.
  • Pension plan to aid in long-term financial planning.
Full Job Description
Job ID: 10243

Employment Type: Existing Role

Work Environment: We offer a hybrid work environment that offers flexibility to our employees in balancing in-office (2 days per week OR 15 hours per week in a Wawanesa office) and remote work. You may work from any of the following locations: Winnipeg, MB; Toronto (North York), ON.

Working Business Language: English

Salary: At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. In addition to salary, full-time and part-time permanent employees are eligible for an annual bonus plan, leave of absence top-up programs and provided with generous vacation time, personal days, premium free benefits and pension plan.

The salary offered for this role is determined with consideration to various factors, including but not limited to: your work location, local labour market conditions, external market salary data, internal pay equity and the knowledge, skills, experience and anticipated proficiency in the role. The salary offered is estimated to be within the following range: $110,000 - $130,000. Candidates with salary expectations outside of the range are still encouraged to apply.

Job Overview

As part of Wawanesa's Strategy & Innovation team, the Senior Innovation Consultant works collaboratively to identify key areas for innovation and develop strategies that create new opportunities and add value for our business, brokers, and policyholders.

In this role, you will contribute to a broad spectrum of strategic research and innovation projects in partnership with senior leaders and stakeholders from across the organization. You'll build insights into emerging consumer, technology, and industry trends, and work cross-functionally to build strategies that help to address the needs of our members today and in the future and enable our long-term success.

As a Senior Innovation Consultant, you are passionate about innovation, have a knack for sourcing information and backing up your findings with data, and can synthesize large volumes of information into compelling reports and presentations for senior leadership.

Job Responsibilities

  • Under minimal supervision, conduct research and analysis on high value consumer, technology, and industry trends to support innovation across the insurance value chain.
  • Leverage a strategic mindset and structured approach in leading research that contributes to the identification of emerging signals and threats, evaluation of business value and impact, and prioritization of innovation opportunities.
  • Lead the preparation and delivery of compelling business artifacts and presentations that ensure the effective communication of learnings and promote openness and collaborative knowledge sharing across the organization.
  • Lead deliverables that contribute to regular insight gathering, monitoring, and reporting on developments in insurance, including industry mega-trends, emerging products and business models, and competitive intelligence.
  • Participate in innovation initiatives and assist business partners by providing supporting insights to help develop and refine their ideation, problem solving, and exploration.
  • Coordinate and facilitate cross-functional team meetings to share critical information, establish work plans, and share business insights.
  • Prepare and collaboratively facilitate workshops and primary research using established methodologies, frameworks, and tools.
  • Act as an advocate for our innovation process, passionately promoting innovation and demonstrating new ways of thinking and problem solving.
  • Practice continuous learning and professional development, staying up to date on novel innovation focused research, research techniques, and industry changes.
  • Contribute to the maintenance and organization of business artifacts on the organization's intranet, contributing to communication and knowledge sharing strategies.


Qualifications

  • Three to five years' experience in business analysis, management consulting, foresight or innovation strategy.
  • Bachelor's or post-secondary degree in business, economics, public policy or equivalent experience.
  • Excellent research and analysis skills, with demonstrated ability to synthesize and consolidate large amounts of data to deliver compelling insights.
  • Excellent interpersonal, presentation and written communication skills, with the ability to effectively convey ideas in a concise and persuasive manner suitable for consumption by senior leaders.
  • Strong understanding of the insurance industry and related KPIs and financials.
  • Strong change and stakeholder management skills, with the ability to build mutually beneficial relationships, motivate cross functional teams, and execute on innovation goals.
  • Experience working with innovation methodologies, frameworks, and tools (i.e., Innovation Engineering, Foresight, Scenario Planning, Business Model Canvas, etc.)
  • Ability to unravel ambiguity and conceptual ideas, creative and lateral thinker with strong problem-solving skills.
  • Proven ability to lead collaboratively to deliver research initiatives and mentor others.
  • Completion of CIP or other industry designations considered an asset.
  • Innovation Engineering Blue Belt or Black Belt, Six Sigma, or Design Thinking certifications considered an asset.
  • Proficient with Microsoft Office Suite, with advanced skills in building presentations and reports.


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