Job Information
The Boston Consulting Group Expert Project Leader, Associate Director - Life Insurance & Annuities in New York, New York
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 ventures-and 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 WE NEED
- Apply your expertise to evaluate the operational, technical, and financial implications of strategic moves impacting life & annuities players, including capital management, ALM strategies, co-insurance and re-insurance, product and pricing strategies, M&A, and strategic partnerships, among others
- Contribute to and drive leads and proposals together with the partners of the practice
- Lead development of proposals from end-to-end where life & annuities expertise is critical
- Engage with the development of additional business beyond the delivery of recommendations on client engagements
- Develop the topic agenda, create respective content, and foster awareness of BCG's competence
- Develop and contribute to BCG's intellectual capital - work on BCG content projects to create new techniques and/or capture new ideas
- Build and maintain "fact packs" related to specific life insurance and/or annuities topics so there is an ever-available library of educational materials for internal and client usage
- Responsible for supporting the insurance sector in writing external reports, papers, social media contributions of its partners in concert with the INS practice's marketing lead
- Identify conferences for BCG's attendance and help coordinate our participation
- Work jointly with BCG and client project leaders, bring expertise to the team, both on issues specific to the industry and on questions asked by the client
- Support multiple case teams, co-lead modules, especially those in need for deep experience and hands-on approach to apply technical and/or actuarial expertise to life & annuities topics
- Ensure the quality of the work, and the relevance of any synthesis and recommendations. Challenge work in progress, results, and re-orient any analyses if needed
- A minimum of 7 years' experience overall, with significant experience in operational, technical, and financial implications of strategic moves impacting US based life & annuities players, including:
- Strong knowledge of the rationale behind strategic moves in the life & annuities space, including but not limited to capital management, ALM strategies, co-insurance and re-insurance, product and pricing strategies, M&A, and strategic partnerships
- Strong knowledge of the financial implications of various actions on balance sheet, cash flows, and P&L on both a statutory and economic basis
- Strong knowledge of product design, underwriting, pricing, and distribution strategies in the life & annuities sector
- Able to advise on capital adequacy, sources of capital, and capital deployment to support strategic objectives and regulatory compliance.
- Understanding of market and competitor trends, opportunities, and challenges affecting the life insurance and annuities sector
- Strong leader, with clear evidence of people leadership and an ability to change organizations
- Successful track record in interacting and in building lasting relationships at the highest levels in large and global insurance players
- Developed solid problem-solving capabilities, analytical and structured and able to interface with consultant teams
- Strong academics; advanced degree preferred; actuaries preferred
- Team oriented mind-set and strong interpersonal communication skills
- Excellent verbal and written communication skills in English
- Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children
- Low $10 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
- Dental coverage, including up to $5,000 (USD) in orthodontia benefits
- Vision insurance with coverage for both glasses and contact lenses annually
- Reimbursement for gym memberships and other fitness activities
- Fully vested retirement contributions made annually, whether you contribute or not
- Generous paid time off including vacation, holidays, and annual office closure between Christmas and New Years
- Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
- *Employees, spouses, and children are covered at no cost. Employees share in the cost of domestic partner coverage.
The 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, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
Minimum Salary: 31200.00 Maximum Salary: 31200.00 Salary Unit: Yearly