SUMMARY STATEMENT
This is an exciting opportunity within our Sydney
practice for an individual who is seeking to advance their career in a
consulting environment.
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 RESPONSIBLITIES
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
* 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:
o Objectively analysing competitive positioning
and capability gaps
o Identifying the most important levers and
quantifying the benefits of various strategic options
o Understanding and defining consumer needs
o Responding appropriately to regulatory change
o 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
The successful candidate for this role will be able to demonstrate:
* A relevant 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
* Excellent written
communication skills
* 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. Experience in SQL as well as database
management are added advantages
* Prior experience in
consulting roles is strongly preferred
ABOUT NMG
The NMG Group is a global advisory and intermediary firm focused exclusively on the financial services sector. Established in 1992, NMG has enjoyed rapid expansion internationally and now has over 800 employees in 18 cities worldwide. Our guiding principle is to always 'Find a Better Way'.
At NMG Consulting we focus 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:
* Participation model
* Competitive
strategy
* 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.
RECRUITMENT DATA PRIVACY CONSENT/ CONSENT TO DATA COLLECTION AND PROCESSING/ PRIVACY AND CONSENT AGREEMENT
By applying to this job and checking the box in Applicant Question section, I consent to NMG Consulting collecting and processing my personal data (including, but not limited to, resume, cover letter, and any information submitted through online forms) to facilitate its assessment of my application and to contact me during the recruitment process as detailed in its Privacy Policy ). I understand I can withdraw consent for processing at any time (which may affect my participation in the recruitment process) or contact NMG regarding my data as per the policy.