About KPMG India: KPMG entities in India are professional services firm(s). These Indian member firms are affiliated with KPMG International Limited. KPMG was established in India in August 1993. Our professionals leverage the global network of firms, and are conversant with local laws, regulations, markets and competition. KPMG has offices across India in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Jaipur, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.KPMG entities in India offer services to national and international clients in India across sectors. We strive to provide rapid, performance-based, industry-focused and technology-enabled services, which reflect a shared knowledge of global and local industries and our experience of the Indian business environment.Job Opportunity at KPMGExperience - 4 Years to 7 Years Location: Mumbai Notice Period: Immediate to 30 DaysJob Description : - Process Improvement: Analyze existing insurance processes and identify areas for improvement, leveraging technology to increase efficiency and reduce costs - Technology Implementation: Design and implement technology solutions to support insurance processes, such as policy administration, claims management, servicing, distribution management, finance and accounting management - System Integration: Integrate insurance systems with other technologies, such as data analytics and artificial intelligence, to enhance decision-making and customer experience. - Change Management: Support clients to develop and implement change management strategies to ensure smooth transitions and minimal disruption to business operations. - Stakeholder Management: Collaborate with stakeholders, including business leaders, IT teams, and external partners, to ensure technology solutions meet business requirements. - Experience – Should have prior experience in working with Life Insurance/ Health insurance or Non-life (General) Insurance. Should have detailed understanding on the overall insurance process and technology.Required Skills and Qualifications - Insurance Industry Knowledge: Strong understanding of insurance processes, products, and regulations Hands on experience for at least 4-6 years in the insurance industry. MBA in finance would be an added advantage. Prior experience in consulting would be preferred. Candidates should have total experience not be more than 6-9 years. - Technical Expertise: Proficiency in insurance software, Core policy admin systems such as TCS BaNCS or Life Asia or Ingenium or any of the leading policy admin systems. Should have exposure of the technicalities of the systems and module details. - Business Acumen: Ability to analyze business needs for the client and support in developing technology solutions to drive business growth. - Communication and Interpersonal Skills: Excellent communication and interpersonal skills to collaborate with stakeholders and drive change management. - Certifications: Relevant certifications, such as insurance certifications (e.g., CPCU, ARM) or technology certifications (e.g., ITIL, PMP). Green Belt/ Black belt certified orEducation:BCA/MCA, MBA in finance, BE/ME, BSc/MSc. Prior experience in Insurance company's Business Solutions Group or Technology team with detailed process and technology understanding would be preferred. Prior experience in consulting firms with insurance expertise would be preferred.Equal employment opportunity information KPMG India has a policy of providing equal opportunity for all applicants and employees regardless of their color, caste, religion, age, sex/gender, national origin, citizenship, sexual orientation, gender identity or expression, disability or other legally protected status. KPMG India values diversity and we request you to submit the details below to support us in our endeavor for diversity. Providing the below information is voluntary and refusal to submit such information will not be prejudicial to you.
Job Title
Insurance Specialist