Associate Director Project Management

Please note: this is an on-site role based in Bermuda and relocation is required.

Associate Director, Management Consulting - Insurance Transformation

We are seeking an experienced Associate Director to join our Insurance Transformation/advisory practice. The successful candidate will support the delivery and growth of our insurance sector advisory business, working with leading insurers/reinsurers across a broad range of transformation opportunities including finance transformation, regulatory change, operating model redesign, and business transformation programs.

The role requires a versatile and commercially minded individual with strong knowledge of the Insurance and Reinsurance sector who can lead complex workstreams, manage senior stakeholders and support business development activities while operating across a range of client engagements.

The successful candidate will be expected to reside and work in Bermuda, a prominent global financial center offering an exceptional quality of life. Full relocation support and work permit sponsorship will be provided.

Role and Responsibilities

The Associate Director will be responsible for developing opportunities and leading transformation engagements with insurers and reinsurers. Working across KIG and the wider KPMG network, the role will bring together the appropriate business, technology and specialist capabilities to address client priorities.

Key responsibilities include:

• Develop senior client relationships and identify, shape and convert new business opportunities.
• Lead complex transformation programs across business and technology, including operating model, Finance, Insurance operations, digital, data and AI, and organizational change.
• Support the development and growth of our Insurance Transformation proposition, with a focus on Finance Transformation; Core, Digital, Data & AI; and Customer & Insurance Operations.
• Lead Target Operating Model design and implementation, including transformation roadmaps and delivery plans.
• Lead client engagements and governance, including interaction with Boards, Executive Committees, Steering Committees and senior functional leaders.
• Mobilize and lead multidisciplinary teams across KIG and the wider KPMG network.
• Manage engagement scope, resourcing, commercial performance, Cost of Sale, margin, quality and risk.
• Contribute to account planning and go-to-market activity across priority Insurance and Reinsurance markets.
• Develop team capability through coaching, knowledge sharing and active leadership of our people.

Experience and Capabilities

Candidates should have a minimum of eight years' relevant experience gained within Big Four or comparable Management Consulting, in senior transformation roles within the Insurance/Reinsurance industry, or through a combination of consulting and industry experience.

Candidates should have experience in a number of the following areas:

• Leading complex business and technology transformation programs.
• Target Operating Model design and implementation.
• Business process and operating model redesign.
• Finance and/or Insurance operations transformation.
• Technology-enabled transformation, including digital, data and AI.
• Transformation strategy, roadmaps and business cases.
• Program governance, PMO and benefits realization.
• Organizational and change management.

Demonstrable experience within the Insurance and/or Reinsurance sector is required, ideally working with international insurers, reinsurers or multi-jurisdictional insurance groups. Candidates should have a good understanding of the Insurance value chain, including underwriting, claims, policy administration and servicing, distribution and customer operations, Finance, actuarial, data and technology.

Candidates should also be comfortable working with technology-enabled transformation and engaging with specialists across areas such as core Insurance platforms, ERP/EPM, data and analytics, AI/GenAI, cloud and integration, CRM, digital channels, workflow and automation.

The role does not require deep technical expertise across each of these areas. Candidates should, however, be able to understand the broader business issue, identify the transformation required and bring together the appropriate capabilities to deliver the solution.

Candidates from a consulting background should have experience leading client engagements, developing propositions, managing multidisciplinary teams, building senior client relationships and contributing to business development and revenue growth.

Candidates from industry should have held significant responsibility for transformation within an insurer or reinsurer, including experience leading major programs and working across business functions, executive stakeholders, advisers and technology partners.

Leadership and Personal Attributes

The successful candidate should demonstrate:

• Strong commercial awareness and the ability to identify and develop new opportunities.
• Credibility with senior clients and executive stakeholders.
• A collaborative approach to working across service lines, jurisdictions and member firms.
• The ability to move from strategy and design through implementation and delivery.
• Strong engagement and commercial management disciplines.
• Effective leadership, coaching and development of multidisciplinary teams.
• The ability to operate effectively across different jurisdictions and cultures.

Relevant professional qualifications such as PRINCE2, PMP, Agile, Lean or Six Sigma would be advantageous, as would relevant Insurance, Finance, technology or change qualifications.

What we offer:

• A competitive remuneration and bonus package that is commensurate with qualifications and experience
• Full relocation package
• A work-life balance with an emphasis on promoting health and wellbeing
• Medical and pension schemes
• Recognizable and reputable corporate social responsibility program

Change extends your horizons. It gives you a fresh perspective and the opportunity to learn from others. KPMG will ensure you broaden your horizons.