Strategy Consultant

NMG Group; Toronto; On-site; CAD 150,000 - 200,000; Full time

Job summary

An established industry player is seeking a Strategy Consultant to join their Toronto team. This role offers a unique opportunity to delve into financial markets and contribute to strategic consulting projects. You'll engage in financial analysis, build models, and collaborate with various divisions to enhance client decisions. If you're passionate about financial services and eager to make an impact, this role will allow you to leverage your analytical skills and client relationship management abilities in a dynamic consulting environment.

Qualifications

• More than two years’ experience in Financial Services, preferably within insurance or wealth management.
• Exceptional quantitative abilities and analytical skills.

Responsibilities

• Provide financial analysis for business strategy formulation.
• Build financial models and conduct business valuations.

Skills

Financial Analysis

Business Modelling

Quantitative Analysis

Client Relationship Management

Research Skills

Attention to Detail

Education

Tertiary Qualification

Additional Qualifications or Honors

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

Join to apply for the Strategy Consultant role at NMG Consulting

Join to apply for the Strategy Consultant role at NMG Consulting

This is an exciting opportunity based within our Toronto office for an individual who is seeking to advance their career in a consulting environment by supporting NMG’s US practice.

Demonstrating a real passion and deep interest in financial markets and the financial services industry, our Consultants are responsible for the development of insights and quality output on projects, building client relationships and contributing to strategic consulting assignments.

As a Strategy Consultant at NMG, you will work on a variety of assignments that reflect the range of services we provide. Responsibilities include building financial models and undertaking financial analysis including business cases and valuations, in addition to leveraging NMG’s proprietary insights and research to generate analysis.

The broad range of projects covered demands high-level skills in research and analysis along with exceptional client liaison abilities. Working within a small consulting team, you will draw on the collective expertise and resources within the other divisions within the NMG Group in order to fully exploit our “information advantage” and improve the quality and clarity of client decisions.

KEY RESPONSIBILITIES

Success in this role will see the following achieved:

• Providing financial analysis to clients for business strategy formulation and transformation plans based on market intelligence
• Building financial models and preparation analysis including business cases and valuations
• Conducting external research, data gathering and analysing qualitative or quantitative data using a variety of methods and models
• Building strong relationships with other divisions of NMG to leverage specific areas of knowledge and expertise, in order to generate analysis for presentations
• Establishing analytical frameworks and conducting complex business analyses
• Undertaking client liaison and relationship management
• Identifying opportunities for new business and developing appropriate strategies accordingly
• Utilising the collective expertise and resources across all divisions of the NMG Group in order to fully exploit our “information advantage” and improve the quality of our client offering
• Mentoring and guiding other consultants and analysts within the North American team
• Living the NMG values of Curiosity, Collaboration, Go for It, and Make it Count

Projects will include the following:

• Identification of New Markets: assisting the client to improve their understanding of market size and segmentation, profitability and competitive dynamics; identify key success factors and risks; and identify and implement the right market strategy
• Improving Business Performance: providing support to clients to identify the root causes of underperformance and devise the most effective response. This process may include:
• Objectively analysing competitive positioning and capability gaps
• Identification of truly profitable intermediary and consumer segments
• Understanding and defining consumer needs
• Responding appropriately to regulatory change
• Identifying the most important levers and quantifying the benefits of various strategic options
• Optimising Portfolio Management: Provision of information to clients as to which business units are creating value (and those that are not), where to invest and how to measure success, utilising NMG’s proprietary analysis of market economics and competitive positioning. Assisting in building the economic rationale for portfolio reorganisation or divestment
• Executing Mergers, Acquisitions and Alliances: Assisting in the evaluation of alternative execution paths; working with clients in target selection for M&A activity and due diligence through to valuation, integration planning and execution, in addition to advising on alternative routes of distribution via affinity and strategy partnerships as a component of a multi-channel strategy

YOUR EXPERIENCE

• A superior tertiary qualification, additional qualifications or honours valued
• More than two years’ experience in Financial Services, preferably within insurance, reinsurance or wealth management
• Exceptional quantitative abilities, business modelling and analytical skills
• Excellent attention to detail and high-quality standards
• Ability to prioritise competing demands and organise work flows clearly, and liaising with global teams
• Strong interpersonal skills with an ability to engage with clients and present clear arguments
• Curious, flexible and learning-oriented
• A strategic and creative thinker who is highly self-motivated, capable of independent and team work
• High level of enthusiasm for the industry, a positive attitude, energetic approach, curiosity and willingness to learn
• High proficiency in Microsoft Word, Excel and PowerPoint
• Prior experience in consulting roles is strongly preferred

ABOUT NMG

The NMG Group is a global advisory and intermediary firm focused exclusively in financial services. Established in 1992, NMG has enjoyed steady expansion internationally. We have clients across the world with our most established businesses in Australia, South Africa, Asia, the UK and Canada and a growing presence in the US and Europe. Our main offices are in Sydney, Singapore, Kuala Lumpur, Johannesburg, Cape Town, London, Toronto and New York.

At NMG Consulting we are a nimble firm of 160 people focusing exclusively on the Insurance, Reinsurance, Wealth Management and Asset Management Industries. Our advisory model uniquely integrates Consulting, Insights and Analytics. Located globally, we are a diverse team of talented and experienced individuals, partnering with industry leaders to provide deep and powerful insights and knowledge.

We are constantly evolving and the range of work that we do rapidly challenges and expands our peoples’ knowledge. Our flat, team-based structures encourage participation from all experience levels – everyone is encouraged to contribute, regardless of their role. We advocate hearing different points of view, collaboration and constructive debate.

NMG’s Strategy Consulting practice works with major financial institutions to resolve ‘fork in the road’ decisions relating to:

• Business configuration and economics

We work across segments and geographies, with a particular focus on the issues facing multinationals as well as large domestic institutions seeking to expand into new markets and the interaction between advice, product/administration and risk manufacturing activities.

The combination of our specialist focus, global network and access to NMG’s research and analytics give us a unique perspective on the external and internal dynamics relevant to insurance, reinsurance and investments industries. This includes distribution intermediation, the intangible nature of financial products and the importance of risk management and capital.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Consulting, Research, and Other

• Industries

  Financial Services, Insurance, and Research Services

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