I do work for an external consultant firm / software house, and, to be honest a lot of the software is outsourced (which is good, because I like my job as it is). By now, I’ve got quite a bit of experience in working with one of those insurance giants, and the biggest problem is really the usual “political” one of getting to the right hooks.
There is a lot of room for advanced economical models and the related software, and now probably the best choice is to work as a consultant. My suggestion is to look for medium size firms, since the biggest one (e.g Accenture, Ernst&Young) tend to have lower career opportunities, and usually you have to do a lot of boring work as a novice before having the chance to do something more interesting.
You’re correct; most of the software is produced in-house.
I do work for an external consultant firm / software house, and, to be honest a lot of the software is outsourced (which is good, because I like my job as it is). By now, I’ve got quite a bit of experience in working with one of those insurance giants, and the biggest problem is really the usual “political” one of getting to the right hooks. There is a lot of room for advanced economical models and the related software, and now probably the best choice is to work as a consultant. My suggestion is to look for medium size firms, since the biggest one (e.g Accenture, Ernst&Young) tend to have lower career opportunities, and usually you have to do a lot of boring work as a novice before having the chance to do something more interesting.