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Insurance Consulting Jobs in New York (NOW HIRING)

Proven ability to identify, shape, sell, and lead consulting engagements in Insurance. * Creative problem-solving skills to design innovative solutions for claims challenges. * Foundational knowledge ...

For over 30 years, Perr&Knight has provided exemplary insurance consulting and software solutions to the property & casualty and life, accident & health industries. Services include actuarial ...

Senior Full Stack Developer

Newark, NJ · On-site

$130K - $150K/yr

For over 30 years, Perr&Knight has provided exemplary insurance consulting and software solutions to the property & casualty and life, accident & health industries. Services include actuarial ...

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Insurance Consulting information

See New York salary details

$33.9K

$63.7K

$94.6K

How much do insurance consulting jobs pay per year?

As of Aug 1, 2026, the average yearly pay for insurance consulting in New York is $63,670.00, according to ZipRecruiter salary data. Most workers in this role earn between $52,500.00 and $72,800.00 per year, depending on experience, location, and employer.

What does an insurance consultant do?

An insurance consultant advises clients on insurance policies, coverage options, and risk management strategies. They analyze clients' needs, recommend suitable policies, and often assist with claims or policy adjustments, requiring strong communication and industry knowledge. Certifications like the CPCU or CIC can enhance credibility in this role.

What does a consultant do at an insurance company?

An insurance consultant analyzes clients' insurance needs, recommends appropriate coverage options, and helps with policy selection and claims processes. They often review policies, explain terms, and stay updated on industry regulations, using skills in communication and analysis. Consultants may also assist with risk assessment and compliance to ensure clients meet legal requirements.

What are the key skills and qualifications needed to thrive as an Insurance Consultant, and why are they important?

To thrive as an Insurance Consultant, you need a strong understanding of insurance products, risk assessment, and regulatory compliance, typically supported by a bachelor's degree in finance or business and relevant licensing. Familiarity with customer relationship management (CRM) systems, insurance quoting software, and industry certifications such as CPCU or CLU is often required. Exceptional interpersonal skills, analytical thinking, and persuasive communication set top consultants apart. These skills and qualifications are essential for accurately advising clients, building trust, and ensuring tailored insurance solutions in a competitive market.

How does an insurance consultant get paid?

Insurance consultants typically earn fees for their advisory services, which can be hourly, project-based, or as a percentage of the insurance premiums they help clients secure. Some may also receive commissions from insurance providers for selling policies, depending on their licensing and the nature of their engagement. Compensation structures vary based on the firm and client agreements.

What is insurance consulting?

Insurance consulting is a professional service where experts provide advice and guidance to individuals or businesses on insurance-related matters. Consultants help clients assess their risks, select appropriate insurance policies, optimize coverage, and ensure compliance with regulations. They may also assist with claims management and cost reduction strategies. The goal of insurance consulting is to help clients make informed decisions and protect their assets effectively.

How much do insurance consultants make in the US?

Insurance consultants in the US typically earn a median annual salary of around $70,000, with salaries ranging from approximately $50,000 to over $100,000 depending on experience, location, and certifications. Senior or specialized consultants can earn higher salaries, especially when working with large clients or in high-demand markets.

What is the difference between Insurance Consulting vs Insurance Underwriting?

AspectInsurance ConsultingInsurance Underwriting
Required CredentialsTypically requires industry certifications, bachelor’s degree in business, finance, or related fieldsRequires similar credentials, often with actuarial exams or certifications
Work EnvironmentAdvisory roles, client-facing, project-basedIn-house or agency-based, risk assessment focus
Employer & Industry UsageConsulting firms, insurance companies, brokerage firmsInsurance carriers, underwriting agencies, brokers
Common Search & Comparison IntentUnderstanding advisory roles, career paths, or industry differencesRisk assessment, policy issuance, underwriting processes

Insurance Consulting involves advising clients and insurance companies on risk management, policy design, and industry strategies. Insurance Underwriting focuses on evaluating risks to determine policy terms and pricing. While both roles require similar credentials and industry knowledge, Consulting emphasizes advisory services, whereas Underwriting centers on risk assessment and policy issuance.

What are some common challenges faced by professionals in insurance consulting, and how can they be addressed?

Professionals in insurance consulting often face challenges such as staying current with rapidly changing regulations, managing complex client needs, and balancing multiple projects simultaneously. To address these, it's important to invest in ongoing professional development, leverage industry resources and tools, and prioritize strong communication with both clients and team members. Additionally, effective time management and collaboration with colleagues from actuarial, legal, and underwriting departments can help consultants deliver tailored solutions and maintain high client satisfaction.
Infographic showing various Insurance Consulting job openings in New York as of July 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 100% In-person job distribution, with an average salary of $63,670 per year, or $30.6 per hour.

Consulting Principal - Insurance Consulting

Cognizant Technology Solutions

New York, NY • On-site

$170K - $190K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago


Cognizant rating

7.4

Company rating: 7.4 out of 10

Based on 85 frontline employees who took The Breakroom Quiz

52nd of 72 rated business consultants


Job description

About Cognizant Consulting
Cognizant Consulting is more than Cognizant's consulting practice-we're a global community of 5,000+ experts dedicated to helping clients reimagine their business. Blending our deep industry and technology advisory capability, we create innovative business solutions for Fortune 500 clients. And now, we're looking for our next colleague who'll join us in shaping the future of business. Could it be you?
About the role
As a Consulting Principal - Insurance Consulting (Retirement & Pension), you will make an impact by helping retirement and pension clients transform their businesses across strategy, operating model, processes, and technology. You will be a valued member of the Cognizant Consulting Insurance Practice and work collaboratively with client leaders, project stakeholders, and internal consulting teams to deliver value-additive consulting engagements and build long-term trusted relationships.
In this role, you will:
  • Lead and deliver retirement and pension consulting engagements by assessing client maturity and helping transform business and operating models
  • Partner with client and Cognizant leadership to plan, scope, and execute value-additive consulting projects while managing engagement economics
  • Serve as a trusted advisor to retirement and pension clients, building strong, ethical, and long-standing working relationships
  • Support business development activities including upsell opportunities and management of RFI/RFP responses
  • Coach, develop, and inspire consulting teams while ensuring quality, relevance, and consistency of client deliverables

Work model
We strive to provide flexibility wherever possible. Based on this role's business requirements, this is a remote position open to qualified applicants in the United States. Regardless of your working arrangement, we are here to support a healthy work-life balance though our various wellbeing programs.
The working arrangements for this role are accurate as of the date of posting. This may change based on the project you're engaged in, as well as business and client requirements. Rest assured; we will always be clear about role expectations.
What you must have to be considered
  • Bachelor's degree in Business, IT, Engineering, or a related field
  • Approximately 15+ years of experience in the retirement and pension industry
  • Hands-on experience across retirement and pension offerings such as defined contribution (DC), defined benefit (DB), annuities, NQDC, COLI, or pension risk transfer
  • Strong ethics and work ethic, with a proven track record of building trusted client relationships
  • Ability to translate client objectives into clear scope and executable tasks
  • Proven people leadership skills with the ability to coach, mentor, and develop teams
  • Legal authorization to work in the United States without sponsorship

These will help you succeed
  • Advanced degree in Business, IT, Engineering, or a related field
  • Ability to serve as a thought leader in retirement and pension industry best practices
  • Experience creating consulting mindshare such as white papers, points-of-view, and case studies
  • Experience building reusable consulting assets and practice capabilities
  • Strong presence as a people leader who motivates teams and supports career development

We're excited to meet people who share our mission and can make an impact in a variety of ways. Don't hesitate to apply, even if you only meet the minimum requirements listed. Think about your transferable experiences and unique skills that make you stand out as someone who can bring new and exciting things to this role.
Applications will be accepted until 7/31/2026
The annual salary for this position is between $170,000 - $190,000 depending on experience and other qualifications of the successful candidate.
This position is also eligible for Cognizant's discretionary annual incentive program, based on performance and subject to the terms of Cognizant's applicable plans.
Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:
  • Medical/Dental/Vision/Life Insurance

  • Paid holidays plus Paid Time Off

  • 401(k) plan and contributions

  • Long-term/Short-term Disability

  • Paid Parental Leave

  • Employee Stock Purchase Plan

Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
About Cognizant:
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.
Additional employment information
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email [email protected] for roles based in the Americas or [email protected] for roles based in India.

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