Trends by Industry: Insurance

January 23, 2020

Each year, Business Talent Group releases our High-End Independent Talent Report, looking across industries and business functions to analyze how business leaders deploy independent consultants, executives, experts, and project managers to complete critical work and meet their goals. Here are the top trends in how insurance industry leaders these highly skilled talent in 2020.

Insurance companies are meeting their industry’s challenges with projects designed not just to scope new opportunities but also to make sure the organization is ready to pursue them. Independent change managers and project managers fit the bill perfectly, seeing companies through each transition and then moving on to a new opportunity. Independent growth and innovation experts, meanwhile, offer targeted advice on everything from pricing to customer experience.

PROJECT CATEGORIES: Insurance

61% Strategy
23% Transformation
10% Operations
4% Organization
2% Interim Executive

 

MOST IN-DEMAND PROJECTS

Opportunity Assessment

Change Management

Planning

Innovation and R&D

M&A

Product Strategy and Launch

Business Intelligence and Analytics

 

MOST IN-DEMAND SKILLS

Program Management Office (PMO)

Change Management

Strategic Planning

Market Analysis

Process Optimization and Transformation

Corporate and Business Unit Strategy

Project Management

Recruiting and Talent Strategy

 

SAMPLE INSURANCE PROJECTS

  • Create a strategic framework for making market entry and business model decisions
  • Design and facilitate a change management boot camp for senior leaders
  • Develop a country-by-country innovation strategy for personally identifiable information
  • Integrate acquired companies’ systems into an existing financial and human capital management platform
  • Analyze the company’s product portfolio to determine best-in-class pricing

 

 

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