Senior Capabilities & Insights Analyst - Banking & Insurance

McKinsey & Company -
Gurugram, Haryana

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Job details

10 days ago

Qualifications

Economics
Engineering
Finance
Analysis skills
Financial services
AI
Communication skills
Banking

Full job description

Job ID: 109229

Gurugram

Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem-solver who is energized by challenges? You’ve come to the right place.

YOUR IMPACT

You will work with structured and unstructured data, integrating multiple data sources and building data pipelines or workflows required to support analytics and AI/GenAI applications.

You will support consulting teams and directly engage on client problem statements by combining financial services domain expertise with hands-on technology development, which will include shaping problem statements, identifying technology-enabled transformation opportunities, and contributing to solution design and delivery in Banking and Insurance contexts.

You will create client-ready outputs, including presentations, demos, and analytical models, and communicate complex technical concepts in a clear and structured way to stakeholders. You will also contribute to internal product and capability building, including development of reusable tools, accelerators, and GenAI-enabled solutions that can be deployed across clients.

You will build AI- and tech-led solutions & leverage AI and advanced analytics tools to address client problems at scale. You will work on technology-led transformation initiatives, including data, digital, and GenAI-driven use cases.

You will work in McKinsey’s Client Capabilities Network (CCN) within Panorama Financial Institutions Center (PFIC).

PFIC is one of the largest Knowledge and Expert consulting capabilities globally and part of the FIG practice, with 230+ members and a global footprint across 20+ locations, focusing on financial services domains, e.g., Retail banking, Corporate & Investment Banking, Wealth & Asset Management and Insurance. The Insurance team within PFIC also has a global multi country footprint across regions APAC, Americas and Europe.

Additionally, you will contribute as an active member of the global PFIC community, collaborating across teams and geographies to build knowledge, share best practices, and support the broader network.

There is flexibility to hire at a Specialist or Senior Analyst level, depending on your experience.

YOUR GROWTH

Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.

In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else.

When you join us, you will have:

Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

YOUR QUALIFICATIONS AND SKILLS

Degree in engineering, economics, finance, business, or a related field

4+ years of experience in consulting, financial services (Banking/Insurance), fintech/insurtech, or technology roles, with exposure to technology-led transformations

Strong understanding of Banking and/or Insurance domains, with ability to identify and shape technology-enabled transformation opportunities across areas such as underwriting, claims, risk, fraud, and customer journeys

Strong problem-solving, analytical, and quantitative skills, with ability to translate business problems into technology-enabled solutions

Professional attitude, service orientation, and ability to work independently as well as in a team in a fast-paced, demanding environment

Entrepreneurial mindset with ability to take ownership, build new tools or solutions from scratch, and operate effectively in ambiguous environments

Interest and experience in supporting internal product or capability building, including development of proprietary tools, assets, or accelerators

Strong interest in GenAI-driven transformations, including understanding of risks, governance, and best practices in financial services contexts

Strong written and verbal communication skills, including the ability to explain technical concepts to non-technical stakeholders and create client-ready outputs

Please review the additional requirements regarding essential job functions of McKinsey colleagues.

Our unwavering commitment to integrity drives everything we do, guiding us to always act in the best interests of our clients, our people, and the communities we serve.

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