Transformation Insurance Expert

2 weeks ago


Old Toronto, Canada Synpulse8 Full time

Company Overview

Synpulse is a global transformation partner that elevates its clients in the financial sphere with tailored solutions, every step of the way. With offices worldwide, Synpulse is a valued partner to many of the largest financial institutions.

The company provides end-to-end services to its clients from strategic planning to managed services. Its broad expertise in banking and insurance enables Synpulse to accompany its clients on their digital journeys and create sustainable added value for them.

About the Job

We are seeking a skilled Transformation Insurance Expert to join our team and take on a pivotal role in managing insurance projects for our clients. The ideal candidate will have a strong background in the insurance industry and knowledge of claims operations, processes, and technology.

Job Description

  • Collaborate with clients to understand their objectives and business requirements, through interviews and workshops
  • Review, assess, and provide a detailed analysis of the Client's current claims operation
  • Advise clients on claims strategy, mitigation techniques, and industry trends
  • Develop and implement effective claims solutions tailored to the client's specific needs
  • Identify opportunities for streamlining the claims process and implement improvements to enhance efficiency, compliance, and client satisfaction
  • Provide risk control recommendations that prevent or minimize future claims using data-driven insights
  • Build and maintain strong relationships with internal and external stakeholders, including insurance companies, legal representatives, clients, and regulatory bodies
  • Provide ongoing support and guidance to clients regarding project-related issues
  • Guide and mentor junior consultants and other team members, supporting their professional development and ensuring high service standards
  • Stay up-to-date with industry trends, market developments, and regulatory changes affecting the insurance landscape, specifically claims

Requirements and Qualifications

  • Bachelor's degree in finance, business, economics, or a related field; MBA or advanced degree is a plus
  • At least 5 years of experience in insurance (P&C, Specialty, Life Insurance or Reinsurance) at a management consulting firm, or corporate strategy or management function within an insurance company
  • A strong understanding of claims operations and technology is essential
  • Experience in Strategic Planning, Strategic Technology Advisory, defining Operating Models, Change Management, Organizational Effectiveness, Data Analytics & Visualization, Enterprise/Business Architecture, or Post Merger Integration
  • Experience in managing multiple teams on complex projects while motivating team members to succeed
  • Account management experience and an extensive network of senior leadership at insurance carriers is a plus
  • Strong leadership skills with the ability to build relationships at all levels internally and with client teams and stakeholders
  • Experience in sales and project acquisition
  • An entrepreneurial attitude with a desire to learn
  • Excellent presentation, interpersonal, and communication skills
  • Strong analytical and quantitative skills
  • A willingness to travel as required

Compensation Package

The estimated annual salary for this position is between $100,000 - $160,000 depending on experience and location.

Benefits

  • 20 days annual leave plus public holidays
  • Contribution match for retirement account
  • Health, dental, and life insurance coverage from day 1

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