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About the Role

We are seeking an Insurance Strategy Consultant to support strategy, growth, transformation, and operating model engagements for clients across the insurance sector. This role is suited for someone with 2–4 years of experience in management consulting, corporate strategy, or insurance advisory, ideally with exposure to carriers, brokers, reinsurers, InsurTechs, or insurance-focused financial services organizations. The ideal candidate has strong analytical capability, structured problem-solving skills, and a practical understanding of the insurance industry. They should be comfortable working with senior stakeholders, conducting market and competitor analysis, building business cases, and supporting recommendations that help insurance clients improve growth, profitability, customer experience, digital capabilities, and operational performance.

Responsibilities

Support strategy and transformation engagements for insurance clients, including life, health, property & casualty, commercial, specialty, reinsurance, brokerage, and InsurTech segments.
Conduct market, competitor, customer, distribution, product, and regulatory research to identify strategic opportunities and risks.
Analyze business performance, operating models, cost structures, distribution channels, underwriting models, claims operations, and digital capabilities.
Build financial models, business cases, market sizing analyses, scenario models, and executive-level strategy materials.
Help develop recommendations related to growth strategy, market entry, product innovation, distribution strategy, digital transformation, operating model design, and performance improvement.
Support client workshops, stakeholder interviews, and working sessions with clear agendas, synthesis, and follow-up actions.
Translate complex findings into concise, executive-ready presentations and written deliverables.
Work collaboratively with senior consultants, managers, partners, and client teams to drive workstreams from analysis through recommendation.
Monitor insurance industry trends, including AI, analytics, embedded insurance, digital distribution, claims automation, underwriting modernization, regulatory change, and InsurTech innovation.
Contribute to proposal development, thought leadership, and internal practice-building initiatives.

Requirements

Bachelor’s degree from a strong academic institution; business, economics, finance, engineering, actuarial science, mathematics, statistics, public policy, or related fields preferred.
2–4 years of professional experience in strategy consulting, management consulting, corporate strategy, insurance advisory, or a related insurance-focused role.
Demonstrated experience working with or advising insurance companies, brokers, reinsurers, InsurTechs, or insurance-related financial services organizations.
Strong problem-solving skills, with the ability to structure ambiguous business questions and develop clear analytical approaches.
Excellent quantitative and analytical skills, including experience with Excel-based modeling and business case development.
Strong PowerPoint / executive presentation skills, with the ability to communicate insights clearly and persuasively.
Understanding of core insurance business functions such as underwriting, claims, distribution, pricing, product development, policy administration, reinsurance, or customer operations.
Strong written and verbal communication skills.
Ability to work effectively in fast-paced, client-facing environments.
Comfortable managing multiple tasks, meeting deadlines, and working with cross-functional teams.
MBA, master’s degree, or relevant graduate degree is a plus.
Prior experience at a top-tier consulting firm, strategy practice, or insurance-focused advisory firm.
Experience supporting C-suite or senior executive strategy projects.
Familiarity with insurance technology platforms, core system modernization, data analytics, AI use cases, or digital transformation.
Exposure to commercial insurance, specialty lines, reinsurance, life and annuities, group benefits, or personal lines.
Experience with market entry strategy, M&A strategy, due diligence, growth strategy, operating model design, or cost transformation.
Knowledge of regulatory, capital, and profitability dynamics in the insurance industry.
Experience with tools such as Tableau, Power BI, Alteryx, Python, SQL, or other analytics platforms is a plus but not required.

Skills

Management consulting
Corporate strategy
Insurance advisory
Analytical capability
Structured problem-solving
Market analysis
Competitor analysis
Business case development
Growth strategy
Market entry
Product innovation
Distribution strategy
Digital transformation
Operating model design
Performance improvement
Client workshops
Stakeholder interviews
Presentation skills
Financial modeling
Excel
PowerPoint
Insurance industry trends
AI
Analytics
Embedded insurance
Digital distribution
Claims automation
Underwriting modernization
Regulatory change
InsurTech innovation
Proposal development
Thought leadership
Tableau
Power BI
Alteryx
Python
SQL

Work Type

Hybrid

Experience Level

2-4 years

Education Level

Bachelor's degree
MBA or Master's degree preferred

Salary/Compensations

$90,020 - $140,020

Benefits

Flexible, supportive environment
Well-being prioritized
Investment in learning, training, and career growth
Be Well programs (financial, mental, physical, social health)
Access to cutting-edge learning opportunities
Certifications with Microsoft, Google, and Amazon

About the Company

Kyndryl runs and reimagines the mission-critical technology systems that drive advantage for the world’s leading businesses.
We are at the heart of progress; with proven expertise and a continuous flow of AI-powered insight, enabling smarter decisions, faster innovation, and a lasting competitive edge.
Our people—Kyndryls—do purposeful work that powers human progress.
We offer a flexible, supportive environment where well-being is prioritized and potential can thrive.

Equal Opportunity

The “Kyn” in Kyndryl means kinship, which represents the strong bonds we have with each other, our customers and our communities.
We focus on ensuring all Kyndryls feel included and we welcome people of all cultures, backgrounds, and experiences.
Even if you don’t meet every requirement, we encourage you to apply.
We believe in growth, and we’re excited to see what you can bring.
At Kyndryl, employee feedback has told us that our number one driver of employee engagement is belonging.
That sense of belonging — being a valued, respected, trusted member of the team — is fundamental to our culture and fueling great experiences for our customers.
This dedication to welcoming everyone into our company means that Kyndryl gives you the ability to thrive and contribute to our culture of empathy and shared success.
That’s The Kyndryl Way.