Summary

Position Summary

Job Description - Strategy & Transactions – Strategy (Senior Consultant) At Deloitte Strategy & Transactions (S&T), we don't just advise - we architect the future. Our team is uniquely positioned at the intersection of strategy and execution, empowering clients to tackle their most pressing challenges and unlock transformative growth. We work with C-suite executives, Boards, and business leaders to answer the questions that matter most, from navigating complex M&A and driving digital transformation, to reshaping operating models and unlocking new market opportunities. We are trusted advisors during our clients most critical, high-stakes moments. But we don't stop at client impact, we are equally passionate about investing in our people. At S&T, you'll be part of a dynamic team culture that accelerates leadership development, fosters curiosity, and delivers hands-on experience at the forefront of strategy and transactions. We design differentiated career paths that empower our talent to thrive. Our capabilities span the full lifecycle of transformation, from Enterprise and Growth Strategy to Enterprise Technology and Transformation Strategy, end-to-end M&A, valuation and modeling, and performance improvement & restructuring, to infrastructure & real estate advisory and sustainability-driven innovation. If you're looking to work where bold thinking meets real-world impact, and where your growth matters as much as your clients, Strategy & Transactions is your next move.

The Team

Our Strategy practice brings together several key capabilities that will allow us to architect integrated programs that transform our clients businesses, including Corporate & Business Unit Strategy, Technology Strategy & Insights, Enterprise Model Design, Enterprise Cloud Strategy and Business Transformation.

Strategy professionals will serve as trusted advisors to our clients, working with them to make clear data-driven choices about where to play and how to win, in order to drive growth and enterprise value.

We are looking for Consultants for our Enterprise and Growth Strategy practice, with relevant experience in Insurance Industry.

Work You Will Do

Deloitte's Strategy offering helps companies address the entire range of top management challenges including pursuing new growth opportunities, developing go-to-market strategies, channel strategies, and pricing strategies.

Identify strategies for growth and value creation
Develop appropriate business models, operating models, and capabilities to support their strategic vision
Providing service excellence by identifying key client business issues, determining client needs by supplementing the standard assessment techniques and tools with innovative approaches, evaluating, and validating analysis and developing recommendations for the client in the context of the overall engagement
Contribute to multiple work-threads of large, complex engagements, with high-quality deliverables
Participate in the development and presentation of proposals for business development activities
Maximize the ROI on technology investments and leverage technology trends to architect future business strategies

Required Experience And Skills

Enterprise and Growth Strategy – FSI – Insurance

Strategy-specific Experience:

Following experience would be required as a part of this job role:

Insurance: Includes working with Life & Annuities, Personal Lines, Commercial Insurance, Group, Specialty, Health, Reinsurance, Insurance Brokers sub-sectors, etc. preferably US markets

Enterprise and Growth Strategy Financial Services Industry Experience:

Hands-on experience of working in Corporate Strategy or consulting firm catering to leading Insurance companies (minimum 2 years of experience)
Enterprise and Growth Strategy consulting experience - Corporate Strategy, Go-to-market (GTM) Strategy, Business Unit Growth Strategy, Roadmap Development, Business Model, Capability Assessment, Efficiency Plays, Cost Take-out, Market Research / Assessment, Business Planning, Business & Digital Transformation, Vendor Assessment, Operating Model Assessment, etc.) within Insurance Industry
Ability to articulate leading business issues and trends within the Insurance industry. Interest and knowledge about the current trends in any one of its sectors (Life, Commercial, Personal, Specialty, Reinsurance etc.)
Demonstrate ability to understand and analyze business issues and leverage technology to solve them
Preferred experience of engaging in strategic issues with senior-level clients including C-Suite executives
Exposure to working in non-India geographies (preferably US) and / or interacting with global stakeholders
Exposure around building dynamic Excel models and macros for market sizing, forecasting, and automation of repetitive analysis and reporting tasks
Ability to craft structured generative research prompts and use tools (e.g., ChatGPT, Claude or MS Copilot in Excel/PowerPoint) to streamline research, create slides, synthesize interviews, or simulate models
Experience in developing and deploying LLM tools to accelerate research, generate summaries, and support slide creation

Core Consulting Skills

Clear and concise communication - Conduct client interviews, participate in workshops / trainings and present recommendations; strong verbal and written skills are critical
Good client presence – Interact and build relationships with clients and other team members
Analytical thinking – Comfortable with managing large data sets, ability to perform detailed, quantitative analysis and research (primary and secondary), synthesize and present insights and recommendations from data through configurable dashboards; familiarity with Python, and Excel Macro scripting is nice to have
Logical structuring - Structured approach to problem solving and ability to perform root cause analysis of client problems
Deadline-oriented and quality focused – Support team in development of deliverables, manage specific work-thread, develop plans for components of engagement, manage and mentor junior resources
Collaboration - Be able to work both independently and as part of a team with professionals at all levels. Be able to prioritize tasks, manage change in scope, work on multiple assignments, and raise concerns/questions where appropriate
Ownership – Take ownership, manage and co-ordinate activities and tasks assigned and drive to completion
Network - ability to chart one's own career and build networks within the organization

Required Qualifications

For Consultants:

MBA or MS from a premier (Tier-1) school in India or abroad (not more than 6 years post MS / MBA)
4 to 5 years of relevant experience (post MS / MBA) in Insurance Industry
Experience in consulting, or corporate strategy environment strongly preferred
3+ years of industry experience with Insurance industry focus (preferably US clients)

Our purpose

Deloitte's purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities.

Our people and culture

Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ways of thinking, ideas and perspectives, and bring more creativity and innovation to help solve our clients most complex challenges. This makes Deloitte one of the most rewarding places to work.

Professional development

At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India .

Benefits To Help You Thrive

At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.

Recruiting tips

From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.

Requisition code: 351235

EH-FY27-Consulting-S&T-Strategy-Senior Consultant-BS-FSI-Insurance