Analysts to work on a new venture in the InsurTech space

In the age where in the past 10 years, consumers become more comfortable with digital payments and online transactions, the insurance industry have only began incorporating innovative ideas in their traditional processes. Insurtech is the segment of fintech that is emerging in the insurance industry - a platform that meets the evolving consumer behavior and needs through the provision of accessible, convenient insurance policies and optimizing the user experience using digital technology.

A proposal has not yet been provided

A proposal has not yet been provided

The Digital boom has affected almost all retail focused industries. All these industries are driven by the need to build direct bridges with the end consumer through the smart phone in order to survive in an era where the customer is using the phone as the primary medium of communication with the rest of the world. I believe customers are also pressing for change. They now expect their insurers to offer simple, transparent and flexible products and services—all online. Till now, insurance companies largely had an ability to tackle structural, economic and social changes, absorb them into their operating models and hence, have a revised customer proposition in quick time. Probably for the first time, the market change has left the insurance industry well behind in a very short period. Yet firms will reap the full benefit of digital technology only when they embrace its potential along the entire insurance value chain, including underwriting and claims management. I have 2 year experience working as an Analyst for a premier investment bank based out of London. Being an expert in Excel I'm also a trainer for advanced excel and financial modelling classes. Skills: Market Research, Valuation and financial modelling, Strategy Analysis. I also happen to have great command over PowerPoint as I have worked on a lot of teasers/pitch decks over the years. I believe I would be ideal for such role as I have appropriate experience and skill set for this task.