Consultant

Alpha Financial Markets Consulting; Toronto; Hybrid; CAD 89,000 - 125,000; Full time

Job summary

A leading consultancy in financial services is seeking a Management Consultant in Toronto. The role involves reshaping the insurance industry by developing growth strategies and transforming processes. Ideal candidates will have a Bachelor’s degree and 2-4 years of consulting experience, particularly in financial services. This position offers a competitive salary of $89,000 to $125,000 CAD, along with comprehensive benefits, including paid training and RRSP matching. Candidates should also be willing to travel to the United States.

Benefits

Competitive salary with profit-sharing

RRSP matching

25 days annual paid time off

Supplemented medical, dental, and vision coverage

Reimbursement for commuting and mobile expenses

Training and retreats

Qualifications

• 2-4 years of experience in consulting or business analyst role.
• Experience within financial services, preferably insurance.
• Ability to multi-task on multiple initiatives.

Responsibilities

• Lead projects in growth strategy and business transformation.
• Analyze data and present recommendations to clients.
• Engage with stakeholders and drive effective project plans.

Skills

Excellent consulting and problem-solving skills

Excellent written and verbal communication skills

Ability to articulate complex problems

Entrepreneurial mindset

Intellectual capacity for innovative thinking

Education

Bachelor’s degree in Business Management, Risk Management, Business Analytics, Economics, Engineering

Job description

Preferred Location – Toronto, with ability to travel to and from the United States

About Alpha FMC

Alpha Financial Markets Consulting (Alpha) is a leading global consultancy to the financial services industry. Founded in 2003, we have worked for over 20 years to bring together specialist, sector-focused strategy, management consulting and technology expertise to support the entire client transformation lifecycle. Having partnered with more than 1,200 clients worldwide across the asset and wealth management, alternatives and insurance industries, Alpha is truly a trusted advisor for complex change programmes. We now have over 1,180 consultants working with clients across North America, the UK, Europe, Middle East and APAC. In 2024, in recognition of our successful track record and strong growth prospects, Alpha was acquired by Bridgepoint, one of the world's leading quoted private asset growth investors. Our people are at the heart of everything we do. We are delighted that many of our team have built long and fulfilling careers with us, many staying over a decade. We believe this is because Alpha offers a genuinely rewarding place to work: a meritocratic environment where your career can flourish, and a welcoming culture where you can be yourself, connect with others and thrive. As we look to the future, we’re excited to be looking for new Alpha colleagues - individuals who are collaborative, innovative and ambitious. We hope you will join us and help shape the next chapter of our growth journey.

Alpha Value Proposition

• Established yet entrepreneurial – with over 20 years of success and a proven record on the London Stock Exchange, Alpha offers the stability of an established consultancy with the energy of a fast-growth business.
• Backed by Bridgepoint – as part of one of the world’s leading growth investors, Alpha benefits from strategic investment that fuels innovation, expansion and new offerings – creating even more opportunity for our people.
• Exposure to senior leadership – whether you are in an internal or a client facing role, you will have the opportunity to work with and learn from the best of the best – high performers at the top of their game.
• Learning and growth opportunities – we run tailored training to help you be successful, provide you excellent mentorship, and offer up to 5 days paid training time per year. Perhaps the best training though is the experience on the job – as everyone at Alpha has high responsibility and autonomy, you can develop your skillsets quickly.
• Performance-driven culture with real impact – advancement at Alpha is based on impact and capability, not tenure or quotas. You’ll have autonomy and see the tangible difference your ideas and decisions make.

Consultant Roles and Responsibilities

As a management Consultant, you will take a leading role in reshaping and redefining our industry, through projects in growth strategy, capability assessment and roadmapping, business process transformation, technology enablement, and others to transform functions within insurance organizations. You may be leading a work stream within a larger program; or helping to drive projects and produce deliverables for smaller projects alongside a small team of other Alpha resources. You will be responsible for identifying and implementing solutions for a range of issues facing insurance companies. Over the course of each project, you will collect and analyze data, prepare and test hypotheses, and present recommendations to the client to solve their unique business challenge. You’ll be playing a proactive, leadership role in driving our programs forward and engaging directly with senior client stakeholders to solve their business challenges.

Key Responsibilities

• Understanding complex insurance issues and their potential impact on a client(s) business
• Engaging with stakeholders to drive & lead execution against effective project plans, anticipate potential issues, and provide structured solutions to ensure a successful client engagement
• Leading a work stream or component of a project, taking responsibility for the creation of client deliverables by facilitating client interviews and workshops, performing analysis in Excel, synthesizing clear insights from complex information, and developing content that clearly articulates recommendations
• Developing meaningful and successful relationships with clients and vendors by understanding the different needs of stakeholders and establishing a high degree of credibility internally and externally
• Supporting Alpha FMC’s broader business evolution and business development activities, including co-authoring white papers, performing market research, and pursuing opportunities for Alpha
• Contributing to the wider Alpha community by making innovative and proactive contributions to one or more of Alpha’s business management or practice areas
• Maintaining a broad understanding of the challenges facing the Insurance Industry and knowledge of relevant issues and trends within one or more of Alpha’s practice areas

Job Requirements

• Bachelor’s degree in Business Management, Risk Management, Business Analytics, Economics, Engineering, or related disciplines
• 2-4 years of experience - at least 1 year of proven consulting experience at a recognized consulting firm or through an ‘in-house’ consulting / business analyst role at a leading financial institution
• Experience within financial services, preferably within the insurance industry
• Excellent consulting and problem-solving skills, and familiarity with recognized project and consulting frameworks and business process mapping
• Excellent written and verbal communication skills; the ability to articulate complex problems and solutions in a simple, logical, and impactful manner; executive presentation skills
• Proven track record of building and sustaining lasting relationships with team members
• An entrepreneurial mindset to support business development activities and help grow our Insurance practice
• Appetite to support clients across our practice areas
• Intellectual capacity and ability to think in new, innovative ways to understand complex issues and develop creative solutions
• Ability to comfortably multi-task and engage in multiple initiatives concurrently
• Ability to travel to the United States - Must currently possess a valid passport and all necessary documentation for entry into the United States at the time of hire. Alpha does not provide assistance, legal fees, or sponsorship for travel visas or entry permits for this position.

Compensation and Perks

• Competitive salary with annual profit-sharing opportunity
• RRSP matching
• 25 days of annual paid time off (accrued)
• Supplemented medical, dental and vision coverage
• Reimbursement for commuting, mobile phone, and home internet expenses
• North America team-wide training and retreats
• Sponsorship towards professional certifications / training supported with 5 days of paid training time

There are a wide range of factors that are considered in making compensation decisions including but not limited to skill sets, experience and training, and licensure and certifications. A reasonable estimate of the range is $89,000 to $125,000 CAD subject to change based on salary benchmarking. In addition to this salary, employees would be eligible for both variable and non-variable benefits.

Our Commitment to Inclusion

At Alpha, diversity, equity and inclusion are critical to our success. Our priorities show a focus on fostering an inclusive, equitable workplace where individuals are treated fairly regardless of gender or background. We welcome applications from disabled people and are committed to making our recruitment process and workplace accessible and inclusive for everyone.