Job Description - Strategy & Transactions Strategy (Business Analyst)
At Deloitte Strategy & Transactions (S&T), we dont 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 dont stop at client impact we are equally passionate about investing in our people. At S&T, youll 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 youre 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, Go to Marketing Strategy, Technology and Capability 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.
Work you will do:
Deloittes 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 the appropriate business models, technology operating models, and capabilities to support their strategic vision
Maximize the ROI on technology investments and leverage technology trends to architect future technology strategies
Required Experience and Skills
Enterprise Technology and Transformation Strategy FSI - Insurance
Following experience would be required as a part of this job role:
a) Insurance: Includes working with Life & Annuities, Property & Casualty Insurance, Specialty, Health, Reinsurance, Insurance Brokers sub-sectors, etc. preferably US markets
FSI Industry Experience
Consulting experience for clients in the Financial Services industry
Hands-on exposure of working for / with leading Insurance companies especially in Strategy team or Product Development, other consulting firms within Insurance (minimum 6 months for Analyst level & minimum 1+ year of experience for Consultant level)
Awareness of industry trends, challenges, technology adoption levels and solution landscape in at least one of the Insurance sub-sectors
Certifications related to FSI sector (e.g., CFA, FRM, AINS, LOMA) are a plus
Enterprise Technology and Transformation Strategy
Demonstrate application of business acumen while leveraging information technology
Experience of being a Technology Product Owner and responsible for delivering product model and communicating the product needs with business partners
Strong understanding of front to back architecture principles, technology stack, infrastructure with exposure to new age tools
One life cycle project execution experience in recommending and/or implementing IT strategy and solutions for improving business outcomes
Exposure to working in non-India Geographies (preferably the US) and / or interacting with Global stakeholders
Candidates are also required to have at least one full project experience in one or more of the following areas:
o IT Strategy & Alignment Delivering IT Strategy, driven both from a top-down analysis starting with an articulated business strategy and a bottom-up technology capability analysis; Experience working on cost reduction techniques, portfolio modernization and delivery roadmap creation for FSI players
o Technology Operating Model Design - Assessment of current state operating model -its underlying processes, ability to identify pain points and process gaps; design of target state operating model and associated roadmap
o Enterprise Architecture Experience of Enterprise Architecture capabilities such as Blueprinting, solution architecture, architecture assessment, planning and cost estimation. Knowledge of any of the major Enterprise Architecture Frameworks (preferred) E.g. TOGAF, FEA(F), and DoDAF
o IT Outsourcing: Experience working on IT Outsourcing model, vendor analysis and benchmarking, contract analysis and understanding of how IT resources create shareholder (business) value
o Enterprise Data Management & Governance: Strong understanding of data management process across the data lifecycle (MDM, ingestion, storage, transformation) with experience in evaluating the client's data landscape and architecture to identify opportunities for improvement. Assessing current data governance practices and maturity within client organizations, having the ability to define and implement data governance strategies and frameworks for organizations
o AI/ML Strong understanding of AI/ML concepts and frameworks, ability to design solutions around automation including advanced AI / ML solutions in areas of deep learning, machine learning, NLP, Simulation, etc.; knowledge of AI/ML implementation use cases for players in FSI industry.
o Cloud Strategy Understand the impact of cloud computing in business and technology decisions, ability to identify and articulate the business and technology drivers of cloud computing, design of business cases for cloud. Certifications such as AWS, GCP, Azure will be a plus. Experience with workload assessment, business cases development, operational assessment, roadmap creation, vendor selection
o DevOps / Agile Strong understanding of Agile, DevOps, CI/CD, Site Reliability Engineering with hands on experience on tools such as Jenkins, Git and JIRA
o Transformation Management Office (TMO) Experience supporting or managing large-scale technology or business transformation initiatives through structured governance frameworks. Ability to establish and run centralized transformation offices, align multiple workstreams across business and IT, track performance against transformation KPIs, and drive executive-level reporting. Skilled in risk and issue management, stakeholder alignment, change management, and value realization tracking
Core Consulting Skills
Clear and concise communication - conduct client interviews, participate in workshops/trainings and present recommendations.
Good client presence interact and build relationships with clients and other team members
Analytical thinking - ability to perform detailed, quantitative analysis and research (primary and secondary). Synthesize and present insights and recommendations from data.
Logical structuring - structured approach to problem solving and ability to perform root cause analysis of client problems
Deadline-oriented and quality focused - develop and own development of deliverables. Own and 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
Network - ability to chart ones own career and build networks within the organization
Excel Modelling - Built dynamic Excel models and macros for market sizing, forecasting, and automation of repetitive analysis and reporting tasks
GenAI Tools Usage - Ability to craft structured generative research prompts and use tools (e.g., ChatGPT or MS Copilot in Excel/PowerPoint) to streamline research, create slides, synthesize interviews, or simulate models
LLM - Developed and deployed LLM tools to accelerate research, generate summaries, and support slide creation is a plus
Qualifications
Required:
For Analyst Level:
B. Tech., B.Engg. from a premier school in India or abroad.
6-18 months of relevant experience post Bachelors
6+ months with Insurance industry focus is a plus
About Company
Deloitte is a global professional services firm that provides a wide range of services, including audit and assurance, consulting, tax, risk management, and financial advisory. With a presence in over 150 countries and a network of member firms, Deloitte serves clients across various industries, helping them solve complex business challenges, improve operations, and innovate. Known for its expertise in management consulting, technology solutions, and strategy, Deloitte is one of the Big Four accounting firms and is recognized for its commitment to quality, integrity, and making an impact in the marketplace.