Senior Analyst - BCG Vantage, Insurance

Boston Consulting GroupChicago, IL
$115,700 - $119,500Hybrid

About The Position

As a Senior Analyst – BCG Vantage on our Client Focus path within BCG's Insurance Practice Area, you will work in a growing global team, delivering value to clients via individual expertise and/or institutionalized BCG Vantage assets (products, tools, data, workshops, frameworks, surveys, domain-specific data and related expertise, etc.). You will contribute on cases and proposals by contributing relevant analysis and insights and help case teams create strong impact for the client. While contributing to client cases, workshops and proposals, occasional travel to serve clients onsite during staffing assignments is expected to understand client requirements, and design / develop solutions. You will support commercialization efforts for the topic/sector working, in conjunction with business leaders, through contributing analysis and insights to proposals, client workshops and marketing materials. Additionally, as a Senior Analyst – BCG Vantage, you will contribute to developing intellectual property & assets for the business and assist in onboarding and training junior colleagues based on your topic/sector expertise. BCG's Insurance Practice Area helps companies identify and develop growth opportunities that reshape the future of the insurance industry. We discover new avenues for value creation and provide process support during times of business transformation. We globally serve all insurance industry sectors, i.e. life insurance, property & casualty insurance, commercial & reinsurance as well as health insurance.

Requirements

  • 2+ years of consulting experience in P&C, commercial insurance or reinsurance required; candidates with consulting experience preferred
  • In lieu of consulting experience, 3+ years minimum industry experience required; 4-6+ years of industry experience strongly preferred
  • Bachelor's Degree required (advanced degree preferred)
  • Fluency in English
  • Strong business acumen and problem-solving capabilities
  • Strong written and verbal communication skills
  • Familiarity with Generative AI technologies and their practical applications, or a strong willingness to develop expertise in this area

Responsibilities

  • Solving client problems through formulating relevant research and/or analytical approaches in US P&C, commercial insurance and reinsurance.
  • Communicating with case teams and clients team members, in a credible and confident way.
  • Working collaboratively and effectively in a group dynamic often virtual, proficient in agile ways of working.
  • Being flexible and bringing a curious and creative mindset, open to new things and able to propose innovative ideas.
  • Navigating complexity and ambiguity.
  • Contributing on cases and proposals by contributing relevant analysis and insights and help case teams create strong impact for the client.
  • Supporting commercialization efforts for the topic/sector working, in conjunction with business leaders, through contributing analysis and insights to proposals, client workshops and marketing materials.
  • Contributing to developing intellectual property & assets for the business.
  • Assisting in onboarding and training junior colleagues based on your topic/sector expertise.

Benefits

  • 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 in orthodontia benefits
  • Vision insurance with coverage for both glasses and contact lenses annually
  • Reimbursement for gym memberships and other fitness activities
  • Fully vested Profit Sharing Retirement Fund contributions made annually, whether you contribute or not, plus the option for employees to make personal contributions to a 401(k) plan
  • Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
  • Generous paid time off including 12 holidays per year, an annual office closure between Christmas and New Years, and 15 vacation days per year (earned at 1.25 days per month)
  • Paid sick time on an as needed basis
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