Consulting Manager, London Market Insurance

Posted 1 day 4 hours ago by Cognizant

£125,000 - £150,000 Annual
Permanent
Full Time
Consulting & Corporate Strategy Jobs
London, United Kingdom
Job Description
Cognizant

Cognizant (NASDAQ:CTSH) is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant has over 350,000 employees as of January 2025. Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 1000, and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world.

Role Overview

The London Market Business Analyst will be a part of Cognizant's Insurance practice, with a specific focus on London Market transformation. As a part of this role, he/she brings deep P&C expertise with a focus on Speciality Insurance, having in-depth understanding of London Market business processes, strong client advisory skills, and the ability to shape and deliver strategic consulting engagements. The role combines thought leadership, and hands on client delivery.

Key Responsibilities Domain Leadership & Thought Leadership
  • Serve as the primary subject matter expert for London Market across the practice.
  • Advise on London Market specific practices, including Lloyd's Syndicate operations, Delegated Authority, Open Market, and Reinsurance.
  • Having an extensive knowledge of Coverholders and MGA business.
  • Develop and articulate Cognizant's point of view on industry trends, regulatory changes, digital transformation, and operational modernisation.
  • Create thought leadership assets (whitepapers, frameworks, maturity models, solution accelerators).
Consulting Delivery & Advisory
  • Support strategic consulting engagements such as:
    • Platform modernisation and migration
    • Product simplification and rationalisation
    • Customer journey redesign
    • Regulatory and compliance transformation
    • Operational excellence and automation
Required Experience & Skills Domain Expertise
  • Strong experience in Commercial and Speciality Insurance with a focus on London Market, ideally across multiple areas such as policy administration, claims, underwriting, actuarial processes, distribution, or customer service.
  • Good understanding of UK and EU regulatory landscape.
  • Understanding of the interaction between brokers, Lloyd's syndicates, and company markets.
  • Have an in depth understanding of risk placement, pricing of various risk classes written through Lloyds.
  • Understand the Lloyds Application landscape and understand the SaaS apps that are used by Brokers, MGAs and Carriers to drive Lloyds related business processes.
  • Implementation experience of Underwriting Workbench Implementation will be a plus.
  • Understanding of pricing related data models for Lloyds based risk classes viz. Property, Political Violence, Marine & Hull, Cargo etc.
  • Exposure to SaaS based platforms used by brokers and carriers in supporting London Market related processes.
  • Detailed knowledge of the London Market's modernization initiatives, including the adoption of AI driven initiatives, digital processing, Core Data Records (CDR), and ACORD standards.
Consulting & Leadership
  • Ability to lead complex transformation programmes and multi disciplinary teams.
  • Strong executive presence and communication skills.
  • Demonstrated ability to influence senior stakeholders and drive strategic outcomes.
  • Ability to support AI driven transformation programs from ideation to implementation of AI driven insurance use cases based on Lloyds based processes for brokers, carriers and MGAs.
Business Development
  • Experience supporting sales cycles, shaping proposals, and contributing to revenue growth.
  • Ability to translate client challenges into structured consulting solutions.
Other Skills
  • Strategic thinker with strong analytical and problem solving skills.
  • Comfortable working in a fast paced, growth oriented consulting environment.
  • Collaborative mindset with the ability to work across practice, delivery, and account teams.
Contribution to Development of Practice
  • Support practice management activities such as proposition or solution pertaining to London Market related processes.
  • Development, community & communications, sales & operations management.
  • Contribute to Insurance practice by thought provoking 'points of view'.
Preferred Qualifications
  • Degree in Business, Finance, Statistics or related field.
  • Professional certifications (e.g., London Market related certifications, CII, PMI, PMP, Lean Six Sigma) are a plus.
  • Experience working with global delivery models and offshore teams.
Why Join Cognizant
  • Opportunity to shape and grow a strategic portfolio in London Markets within a global consulting organisation.
  • Work with leading insurers on high impact transformation programmes.
  • Access to Cognizant's global ecosystem of technology, digital, and industry experts.
  • A culture that values innovation, collaboration, and continuous learning.
Location

London, UK.