Senior Consultant - Life and Group Insurance, Finance Transformation

Senior Consultant – Life and Group Insurance Finance Transformation
Remote
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 6000 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 Senior 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 Consultant 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)
• Domain expertise in Life and Group insurance space.
• Working knowledge of billing domain experience with COTS is plus
• Develop a vision for the finance division and realizing the vision through large scale transformations encompassing finance process redesign service delivery model development and technology implementations.
• Review the quality of documented stories and assess the Acceptance criteria to ensure they are meeting the guidelines.
Work with the BA team and Tech Leads to ensure requirements are clear.
• Work with BA team to ensure they are owning the demo of the system to business users during Sprint demo UAT.
• Work with technical team to triage the defects and help in root cause analysis. Streamline process to minimize defects due to missed requirements.
• Ability to support account team to publish multiple reports to keep Cognizant leadership informed.
• Ability to think out of box and generate new ideas to do things better.

Qualifications:
• At least 5+ years of Life and Annuity insurance experience with working experience in finance transformation & Process improvements.
• Exposure to working on transformation programs within Insurance domain with expertise in FP&A or Finance Strategy.
• Should possess people management in meeting the career aspirations of the BA team implementing training to keep the team upgraded on the latest tools and techniques.
• Should have consulting skills including effective communication expectation management and results delivery.
• Experience in managing a team of Business Analysts and lay out clear guidelines on how the outputs of discovery session should be converted to requirements so that they can be readily consumed by technical team to develop.
• Proven ability to be a 'servant leader' in a non-hierarchical environment adopting an Agile attitude that evolves with the business.
• Coach/hire experienced consultants and new talent into the practice.
• Personal leadership and a desire to create a culture that enables exceptional outcomes; the embodiment of Cognizant’s Core Values of: Start with a point of view; Seek data build knowledge; Always strive never settle; Work as one; Create conditions for everyone to thrive; Do the right thing the right way.
• Bachelor’s degree in business Computer Science Information Systems or similar field.
• Background in Management Education - Master’s degree preferred.

Location: Remote

Work Authorization

Cognizant will only consider applicants for this position who are legally authorized to work in the United States without company sponsorship (H-1B L-1B L-1A etc.)

Salary and Other Compensation:

Applications will be accepted until 6/20/2024.

The annual salary for this position is between $95000.00 to $135000.00 depending on experience and other qualifications of the successful candidate.
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 v
• 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.