Trends by Industry: Insurance

Each year, Business Talent Group releases the High-End Independent Talent Report, looking across industries and business functions to analyze how business leaders deploy top independent talent to fill critical skill, expertise, and leadership gaps. Here are the key insurance trends for 2021.

As insurance executives enter 2021, the focus is twofold: accelerate recovery strategies by focusing on business processes, service operations, and transformations while simultaneously searching for growth opportunities in products and services buoyed by digital, data, and automation. Independent talent offer a fast, flexible, and low-risk source of skills, expertise, and capacity to meet this dual focus in insurance. 

PROJECT CATEGORIES: Insurance

55% Strategy
22% Operations
9% Transformation
9% Organization
5% Interim Executive

 

MOST IN-DEMAND PROJECTS

Marketing and Sales

Business Processes

Product Strategy and Launch

Opportunity Assessment

Planning

Service Operations

Business Transformation

Interim Leadership

Business Intelligence and Analytics

MOST IN-DEMAND SKILLS

Corporate and Business Unit Strategy

Project Management

Market Landscape and Research

Program Management Office (PMO)

Organizational Design and Workforce Planning

Agile Transformation

Financial Controls, Accounting, and Audit

Data Science and Data Engineering

Innovation Strategy

SAMPLE INSURANCE PROJECTS

  • Build out the strategy function and develop a capabilities roadmap and strategic framework for a 10-year plan
  • Conduct a market analysis to identify overall market trends, customer needs, market channels, and growth areas
  • Identify greenfield opportunities, revenue optimizations, and operational efficiencies through data science
  • Provide strategic and actionable recommendations to assist with the catastrophic risk management redesign
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