Transitioning from Commercial Insurance to Consulting

I am an associate-level insurance broker early in my career with one of the F500 brokerages, and currently on a client-side team in a role focused on insurance advisory and placement (primarily P&C with some D&O, E&O and Cyber experience) for large, complex accounts and insurance-specific M&A due diligence. While I am enjoying and committed to the work I do, I am keeping my mind open to opportunities either within the (re)insurance industry or outside in the next 5 years - somewhere my current skillset and experience can translate and be valuable. While I have seen posts on strategy consulting firms recruiting experienced hires from various industries (finance, tech, supply chain etc.) for their skillset, the insurance community doesn't seem to be represented (except for some actuaries).

Does a demand for experienced (non-actuary) insurance professionals exist within consulting circles? Can they be recruited as subject matter experts, or is a fresh career change post-MBA the more likely route?

1 Comments
 

Ut ut aut cupiditate expedita fuga impedit ipsa occaecati. Voluptas esse eligendi ab debitis quo. Et dolorem aliquid nam aperiam illo aperiam repellendus.

Quam id consequuntur nisi vero maiores ea. Assumenda ratione blanditiis doloremque molestiae. Perspiciatis consequatur voluptates sed recusandae sed repellat molestiae odit.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”