Management Consultant – Life & Pensions at Capco

<p><strong>Management Consultant – Life &amp; Pensions</strong></p> <p>Location: London (Hybrid) | <strong>Practice Area</strong>: Insurance | Type: Permanent</p> <p><strong>Deliver end-to-end transformation across Life &amp; Pensions, from strategy and analysis through to execution.</strong></p> <p><strong>The Role</strong><br>Capco is seeking a Management Consultant with strong Life &amp; Pensions expertise to join our Insurance practice. This role combines both Business Analysis and Project/Programme Management capabilities, supporting clients across strategic, regulatory, operational, and technology transformation initiatives.</p> <p>You will work across the full change lifecycle — shaping problem statements, defining requirements, designing target operating models, and leading delivery. From regulatory implementation to digital modernisation and core platform change, you will help Life &amp; Pensions providers navigate complexity while delivering measurable outcomes.</p> <p><strong>What You’ll Do</strong></p> <ul> <li>Lead and support end-to-end transformation initiatives across Life &amp; Pensions, spanning strategy, analysis, and delivery</li> <li>Define business requirements, facilitate workshops, and translate regulatory or strategic drivers into structured change artefacts</li> <li>Manage project plans, governance forums, RAID processes, budgets, and stakeholder communications</li> <li>Support implementation activities including testing strategy, UAT coordination, and benefits realisation tracking</li> <li>Partner with business and technology teams to align operating model design, process change, and system implementation</li> </ul> <p><strong>What We’re Looking For</strong></p> <ul> <li>Experience delivering change within Life &amp; Pensions, either in consulting or industry roles</li> <li>Strong Business Analysis capability (requirements gathering, process mapping, TOM design) combined with delivery or project leadership experience</li> <li>Demonstrable success supporting regulatory, operational, or technology transformation programmes</li> <li>Experience working in Agile, Waterfall, or hybrid delivery environments</li> <li>Strong communication and stakeholder engagement skills across business and technical audiences</li> </ul> <p><strong>Bonus Points For</strong></p> <ul> <li>Experience supporting regulatory initiatives such as IFRS17, Consumer Duty, Solvency II, or similar</li> <li>Familiarity with policy administration systems, claims platforms, or digital distribution in Life &amp; Pensions</li> <li>Experience delivering front-to-back operating model or legacy modernisation programmes</li> <li>Exposure to data transformation, automation, or customer experience initiatives</li> <li>Professional certifications such as PRINCE2, PMP, BCS BA, or equivalent</li> </ul> <p><strong>Why Join Capco</strong></p> <ul> <li>Deliver high-impact business and technology solutions for leading insurers</li> <li>Work in a collaborative, flat, and entrepreneurial consulting culture</li> <li>Access continuous learning, training, and industry certifications</li> <li>Be part of a team shaping the future of Life &amp; Pensions transformation</li> <li>Help drive digital innovation across Insurance and wider financial services markets</li> </ul> <p>We offer a competitive, people-first benefits package designed to support every aspect of your life:</p> <ul> <li><strong>Core Benefits</strong>: Discretionary bonus, competitive pension, health insurance, life insurance and critical illness cover</li> <li><strong>Mental Health</strong>: Easy access to CareFirst, Unmind, Aviva consultations, and in-house first aiders</li> <li><strong>Family-Friendly</strong>: Maternity, adoption, shared parental leave, plus paid leave for sickness, pregnancy loss, fertility treatment, menopause, and bereavement</li> <li><strong>Family Care</strong>: 8 complimentary backup care sessions for emergency childcare or elder care</li> <li><strong>Holiday Flexibility</strong>: 5 weeks of annual leave with the option to buy or sell holiday days based on your needs</li> <li><strong>Continuous Learning</strong>: Minimum 40 Hours of Training Annually – workshops, certifications, e-learning – your growth, your way. Business Coach assigned from Day One for one-to-one guidance</li> <li><strong>Healthcare Access</strong>: Convenient online GP services</li> <li><strong>Extra Perks</strong>: Gympass (Wellhub), travel insurance, Tastecard, season ticket loans, Cycle to Work, and dental insurance</li> </ul> <p><strong>Inclusion at Capco</strong><br>We’re committed to a barrier-free, inclusive recruitment process. If you need any adjustments at any stage, just let us know – we’ll be happy to help. We welcome applicants from all backgrounds. At Capco, we value the difference you make, and the differences that make you. Our #BeYourselfAtWork culture champions diversity, equity and inclusivity, and we bring a collaborative mindset to our partnerships with clients and colleagues. #BeYourselfAtWork is the cornerstone of our success and a value that our employees live and breathe every day.</p>