UK Insurance Consulting - Senior Consultants / Managers
Wavestone is a leading global transformation consulting firm known for navigating critical challenges and driving sustainable growth. We aim to deliver lasting change that positively impacts customers, communities, and society. Our journey is defined by a true team spirit, where support, encouragement, and motivation are the keystones of our collaborative environment.
Wavestone UK now boasts a team of 300 employees, with ambitions to rapidly grow in the coming years. Our services span business and digital transformation, cybersecurity, operational improvement, risk advisory, and IT advisory. We exist to provide end-to-end expert advice to clients across industries, with a particular focus on Insurance, Financial Services, and Life Sciences helping them to positively transform to become modern, innovative organizations that thrive in a sustainable way.
Wavestone UK are seeking to hire Senior Consultants & Managers – Insurance UK Consulting.
Your role as a Senior Consultant or Manager means being a key player in the development of the UK practice in terms of:
- Industry Expertise and Experience: Demonstrate a proven track record in delivering insurance transformation projects across the value chain, leveraging technology to drive operational efficiency and competitive advantage.
- Business Development: Participate in the business development activity of the office which will include full lifecycle from pre-sales support, identification of core insurance opportunities & scope the delivery phase of engagements.
- Client Relationship Management: Build and maintain strong relationships with key clients and stakeholders in the technology and insurance sector.
- People Development: Support the development of the UK team, leading, mentoring, and coaching junior consultants on both client engagements, and internally.
- Internal Development: Contribute to various internal activities (career development, thought leadership, recruitment, etc.)
To be considered for this role:
- Solid foundations in consulting skills in external client-facing consulting or equivalent role (Insurance transformation, management, or Advisory focused).
- Excellent interpersonal skills at all levels of an organization, experience in managing and leading teams, developing and coaching junior members of staff based on your profile and background.
- Proven background supporting strategic transformation programmes and strong acumen enhancing advisory credibility.
- Skills to create and deliver meaningful presentations with impact and produce high-quality reports.
- Comprehensive knowledge of one or more of the following insurance key topics:
- Core System Transformation: Expertise in the introduction or migration of core insurance systems, including integration with industry platforms.
- Architecture Design: Proficiency in designing future-proof, functional, and technical architectures for core insurance applications.
- Business Process Analysis: Analyzing and optimizing core insurance processes (e.g., policy administration, claims, and underwriting) to drive operational efficiency.
- Systems Migration & Integration: Experience in managing migration projects, ensuring seamless transitions from legacy systems to modern platforms.
- Digital Transformation in Insurance: Supporting clients in digitizing their core business, focusing on process automation and the adoption of modern technology solutions.
- Data Analytics: Expertise in leveraging data for underwriting, claims prediction, fraud detection, and pricing models.
- Regulatory Compliance: Familiarity with insurance regulations such as GDPR, Solvency II, and IFRS 17.
Our commitment:
- Elevate client satisfaction by impacting high-growth business across US, UK, and Europe.
- Nurture employee growth with Wavestone horizon career path, competitive compensation, transparent salary policy, tailored training, and internal mobility.
- Embrace a collective mindset within a barrier-free, collaborative team.
- Experience ethical responsibility with flexible work options, strong CSR commitment, and a culture promoting work-life balance and time-off.
Competitive salary and bonus scheme.
Income protection insurance, 5% company pension, private health and dental cover, life insurance, company share scheme.
25 days annual leave.
Travel and Location
Employees are not required to work in a Wavestone office on a full-time basis but are required to commute to the office/client site whenever necessary. Wavestone UK office is in the heart of the city of London.
Diversity and Inclusion
At Wavestone, we celebrate diversity and inclusion. We have a strong global CSR agenda and an active Diversity & Inclusion committee with Gender Equality, LGBTQ+, Disability Inclusion, Social Mobility, and Anti-Racism networks.
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