Management Consultant (Insurance)

BearingPoint; Singapore; On-site; SGD 70,000 - 120,000; Full time

Job summary

BearingPoint in Singapore is seeking a Management Consultant to join a multidisciplinary team delivering challenging assignments for banks, insurers, asset managers and financial institutions. You will help clients transform their business and adopt new ways of working.

You will work on strategic transformation, operating model design, process reengineering and technology modernization, supporting PMO activities and stakeholder engagement.

Qualifications

• Experience in insurance sector and management consulting is essential.
• Ability to gather and translate requirements into clear process flows.
• Experience with PMO, governance, and executive reporting is a plus.
• Strong communication and stakeholder management skills.
• Actuarial or economics/finance background preferred.

Responsibilities

• Work with leading Banking and Insurance clients on strategic transformation.
• Participate in large-scale business change initiatives including operating model design.
• Support business and technology transformation programmes and market research.
• Facilitate workshops and interviews with senior client stakeholders.
• Prepare proposals and contribute to business development.

Skills

Insurance industry knowledge

Stakeholder management

Project management office experience

Business process reengineering

Workshop facilitation

Education

Bachelor’s or Master’s degree in relevant field

Job description

As a Management Consultant, you will be part of a multidisciplinary team on challenging assignments within a wide range of clients in the financial sector (banking and capital markets, insurance, asset management and other financial institutions). As a team, you deliver complex projects that transform the way business is being done and help companies to adopt new ways of working.

About BearingPoint

BearingPoint is an independent management and technology consultancy with European roots and a global reach. The company operates in four units: Consulting, Solutions, Business Services, and Ventures.

• Consulting covers the advisory business;
• Solutions provides the tools for successful digital transformation, advanced analytics, and regulatory requirements;
• Business Services provides managed services beyond SaaS;
• Ventures drives the financing and development of start-ups.

BearingPoint’s clients include many of the world’s leading companies and organizations. The firm has a global consulting network with more than 10,000 people and supports clients in over 75 countries, engaging with them to achieve measurable and sustainable success.

The Role

As a Management Consultant, you will work with leading Banking and Insurance clients on strategic transformation, process optimization, technology modernization, and large-scale business change initiatives. You will be part of multidisciplinary teams delivering projects across business strategy, operating model design, process reengineering, enterprise architecture, PMO, and business analysis.

We are looking for candidates who bring:

• Hands-on experience across core insurance functions (e.g., policy administration, claims, distribution/broker management, etc.), with the ability to understand business processes from the customer's perspective.
• Proven track record supporting business and technology transformation programmes, including operating model design, process reengineering, technology modernisation, and large-scale change initiatives.
• Ability to gather, document and analyse business requirements, functional specifications, and solution designs, and to translate these into clear process flows and business requirement documents.
• Skilled at facilitating workshops, stakeholder interviews, and current-state assessments, and at managing relationships with senior client stakeholders.
• Experience providing Project Management Office support, including project planning, governance, executive reporting, risk/issue management, and steering committee coordination.
• Experience with developing proposals, conducting market research, thought leadership, and business development initiatives.

About you:

• Bachelor’s or master’s degree in Actuarial Science, Economics, Business Administration, Finance, Engineering or comparable, with 2-6 years of professional experience.
• Professional insurance qualifications (e.g., CII/ACII) or knowledge of insurance regulation (e.g., IFRS17) are an advantage, but not a must.
• Experience in the insurance sector and/or management consulting is essential.
• Strong communication skills, both written and verbal.
• Excellent stakeholder management skills, with the ability to influence or convince.
• Enthusiastic and keen attitude to developing knowledge in existing and upcoming technologies.
• Strong self-management skills, able to manage own workload to complete assigned tasks to time and quality.

Additional Information:

• In line with our commitment to developing local talent, priority will be given to Singapore Citizens and Permanent Residents.