Consultant – L&A Insurance, Commissions Experience
Addison, TX or Montpellier, VT
Insurance Consulting
ABOUT US
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant, a member of the NASDAQ-100, is ranked 195 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com
COGNIZANT CONSULTING
Within Cognizant is Cognizant Consulting, a global consulting organization delivering strategic and domain consulting through industry and technology expertise. With over 6,000 consultants worldwide, Cognizant offers high-value consulting services that improve business performance and operational productivity, lower operational expenses and enhance overall performance. Clients draw upon our deep industry expertise, program and change management capabilities, and analytical objectivity to help improve business productivity, drive technology-enabled business transformation and increase shareholder value. We provide a number of Business/IT Consulting Services including Business Strategy, IT Strategy & Roadmap Development, Process Re-Engineering & Transformation, Enterprise Architecture & Technology Selection, and Domain Solutions. The Cognizant Consulting team is a high performing organization that is continually expanding our client base and increasingly being recommended by analysts such as Forrester and Gartner. And we’re growing!
The Role
We’re looking for a Consultant, Insurance Consulting who can deliver within Cognizant’s Five Pillars of Consulting Excellence, which are: 1) Project Execution, 2) Expertise, 3) Business Development, 4) Practice Development, & 5) People Development. As a Senior Associate, you will analyze our insurance clients' business and technology challenges and build creative solutions to drive transformation. You will be responsible for participating in the requirements analysis process, developing strong working relationships with clients and team members, and building industry and domain expertise. Specifically, as a Senior Consultant, you have the opportunity to deliver immediate value to clients by working with a project-based team of consultants.
Responsibilities:
- Providing consulting services, including practices, expertise, and resources to tackle business challenges, and helping identify and manage needed process improvements (including identification of new or improved business capabilities)
- Product Owner develops and drives the product vision and strategy as one of the closest people in the business to the customer, providing constant feedback to the team and helping to set and drive toward the vision.
- Set ambitious and clear product vision and communicate ‘the story’ effectively to key stakeholders and the rest of the team.
- Own the end-to-end product strategy from inception and determine business value once solution enters production.
- Develop solution, business case, roadmap and present summary recommendations, including relevant people/process/technology solutions.
- Develops clear and comprehensive product vision, product strategy, value proposition and measurable business KPIs that the product will deliver
- Understand industry trends, emerging technologies and competitor offerings and align product roadmap for differentiation and market leadership
- Developing relevant insurance industry and technology knowledge with in-depth focus in personal and/or commercial lines of Business including transformation program (corporate finance, underwriting, claims and agent/broker facing capabilities)
- Drive insurance technology product outcomes and make sure the product development is progressing smoothly across multiple stakeholders within client organization
- Identify and support areas to build practice capabilities by developing service offerings, case studies.
Qualifications:
- 5 - 8 years of progressive experience as a Business Analyst, Systems Analyst or Product Owner.
- 4 years of experience in an agile environment.
- Experience managing product development deliverables such as requirements gathering, user story writing, acceptance testing, and product launches.
- Proven understanding of the Life and Annuity insurance industry required.
- Strong operations processing background and commissions experience is a plus.
- Business Analyst designation (CBAP) is preferred.
- Experience working directly with all stakeholders to understand requirements and translate them into functional and technical specifications or new features.
- Experience or knowledge of eliciting requirements, analyzing and developing solutions that meets the business needs or writing effective user stories (business requirements) with acceptance criteria.
- Exceptional problem solving, critical thinking, and analytical skills needed to define and understand business needs and determine appropriate solutions to support organization-wide change.
- Bachelor’s degree in business administration, Business Management, Information Systems, or related field.
Location: Addison, TX or Montpellier, VT
Salary and Other Compensation:
Applications will be accepted until 9/20/2024.
This position is also eligible for Cognizant’s discretionary annual incentive program and stock awards, based on performance and subject to the terms of Cognizant’s applicable plans.
Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
• Medical/Dental/Vision/Life Insurance
• Paid holidays plus Paid Time Off
• 401(k) plan and contributions
• Long-term/Short-term Disability
• Paid Parental Leave
• Employee Stock Purchase Plan
Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
