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Insurance Transformation Jobs in Toronto, ON (NOW HIRING)

Capco

Business Analyst Senior Consultant

Toronto, ON · On-site +1

Shape the future of insurance through business and technology transformation. The Role The insurance industry is undergoing rapid change, shaped by new technologies, emerging competitors, evolving ...

Tech Mahindra

Delivery Manager

Markham, ON · Hybrid

Role Overview We are seeking an experienced Delivery Manager with Program Management expertise to lead large-scale P&C Insurance transformation initiatives. The ideal candidate will have a strong ...

Manulife

Manager, Transformation Delivery

Toronto, ON · Hybrid

We are seeking a Manager, Transformation Delivery to lead our low-code solution delivery team and ... Experience within Group Benefits, Insurance, or Financial Services operations. * Experience with ...

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Insurance Transformation information

What is insurance transformation?

Insurance transformation refers to the process where insurance companies adopt new technologies, processes, and business models to improve efficiency, customer experience, and competitiveness. This often involves digitalizing operations, leveraging data analytics, and automating workflows to better meet the changing needs of customers and regulatory environments. The goal is to modernize legacy systems, streamline claims and underwriting, and create innovative insurance products. Successful transformation can help insurers stay relevant in a rapidly evolving industry and respond more quickly to market demands.

What are the key skills and qualifications needed to thrive in insurance transformation, and why are they important?

To thrive in Insurance Transformation, you need a solid understanding of insurance operations, digital transformation principles, and project management, often supported by a degree in business, IT, or related fields. Familiarity with core insurance platforms, data analytics tools, and certifications like PMP or Agile methodologies is highly valuable. Exceptional communication, change management, and stakeholder collaboration skills help drive adoption and manage organizational shifts. These capabilities are crucial for successfully leading modernization efforts and ensuring insurers remain competitive in a rapidly evolving industry.

What are some common challenges faced by professionals working in insurance transformation roles?

Professionals in Insurance Transformation often encounter challenges such as navigating legacy systems, managing resistance to change among staff, and aligning technology upgrades with regulatory requirements. These roles require strong project management and communication skills to successfully implement new digital solutions while ensuring minimal disruption to daily operations. Collaborating with cross-functional teams—including IT, compliance, and business units—is crucial for achieving seamless transitions and long-term success.

What is the difference between Insurance Transformation vs Insurance Underwriter?

AspectInsurance TransformationInsurance Underwriter
Primary RoleLeading initiatives to modernize and optimize insurance processes, systems, and business modelsAssessing risks and determining policy terms for individual insurance applications
Required SkillsProject management, change management, industry knowledge, technical skillsRisk assessment, underwriting expertise, industry regulations, decision-making
Work EnvironmentCross-functional teams, strategic planning, often in corporate or consulting settingsUnderwriting departments, insurance companies, client-facing roles
CertificationsTypically none specific; industry knowledge and project management certifications helpfulChartered Property Casualty Underwriter (CPCU), Fellow of the Insurance Institute of America (IIA)

Insurance Transformation focuses on modernizing insurance operations through strategic initiatives, while Insurance Underwriters evaluate individual risks to determine policy terms. Both roles require industry knowledge, but their responsibilities and work environments differ significantly.

What are popular job titles related to Insurance Transformation jobs in Toronto, ON?

For Insurance Transformation jobs in Toronto, ON, the most frequently searched job titles are:

What job categories do people searching Insurance Transformation jobs in Toronto, ON look for?

The top searched job categories for Insurance Transformation jobs in Toronto, ON are:

Insurance Transformation jobs near you
Infographic showing various Insurance Transformation job openings in Toronto, ON as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution.

Lead Business Analyst (Insurance)

Insight Global

Toronto, ON • Hybrid

Contractor

Posted 3 days ago

New

Job description

Position: Lead BA (Insurance)

Client: Enterprise Bank

Type: 6 month contract + extensions

Rate: 80-84/hr incorporated

Location: 2-3 days hybrid downtown Toronto


Hybrid Required Skills & Experience

- 5-7+ years of Business Analysis experience.

- Deep knowledge of Life Insurance and Critical Illness Insurance, and overall Insurance domain experience.

- Hands-on experience with the Sapiens insurance platform, ideally during an implementation or migration from legacy SaaS platform.

- Strong requirements gathering, process mapping, and functional analysis skills.

- Excellent communication, proactive approach and a problem solver.

- Experience working in Agile environments and managing and building relationships with stakeholders.

Nice to Have Skills & Experience

- CBAP, PMI-PBA, FLMI, or similar certification in Business Analysis or Insurance foundations

- Experience with underwriting, annuities, or insurance administration platforms.

Job Description

Insight Global is seeking a Senior/Lead Business Analyst to support a Life Insurance transformation initiative. The ideal candidate will have strong business analysis experience within the Life & Critical Illness Insurance space and hands-on experience with the Sapiens Technology platform. This is a 6 month contract and is hybrid 2x per week in Downtown Toronto. Seeking qualified candidates looking for long term opportunity and growth.

Key Responsibilities

- Gather, analyze, and document business and functional requirements.

- Collaborate with business and technology teams to deliver solutions.

- Support process improvement initiatives and Agile delivery.

- Create BA artifacts, test cases, and support UAT activities.



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** Vacant opening**

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