This is a profile image of Jason Ralph

Jason Ralph

Serves financial services institutions on strategy, distribution, and innovation, with deep expertise in life insurance and retirement

Jason is a partner in our Minneapolis office, where he focuses on helping life insurance and retirement companies achieve revenue and earnings growth. He serves clients on strategy and growth programs, as well as performance transformations.

Examples of his recent client work include the following:

  • leading a multiyear strategic transformation to drive growth and transform the customer experience at a diversified financial services company
  • delivering a step-change in earnings improvement for a life insurer through a large-scale transformation across several functions
  • conducting several end-to-end salesforce effectiveness transformations for leading insurers and asset managers
  • building new innovation capabilities, including launching a direct-to-consumer digital business for a US life insurer and transforming the product development function

In addition to his client work, Jason frequently authors articles on growth and innovation in insurance and retirement.

Jason is fluent in German and is conversational in French and Spanish.

Published work

Five steps to improve innovation in the insurance industry,” McKinsey & Company, February 2022

Product innovation: The new imperative for insurers in Asia,” McKinsey & Company, March 2021

The growth chessboard: How leaders fuel profitable growth in insurance,” McKinsey & Company, December 2020

Life insurance product innovation: What insurers can learn from leading tech and consumer companies,” McKinsey & Company, January 2019


Northwestern University
PhD and MA, history

The University of Chicago
BA, religious studies