Consultant (SYD)

SUMMARY STATEMENT

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This is an exciting opportunity within our Sydney practice for an individual who is seeking to advance their career in a consulting environment.

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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.

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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.

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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.

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KEY RESPONSIBLITIES

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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:
  • ​Objectively analysing competitive positioning and capability gaps
  • Identifying the most important levers and quantifying the benefits of various strategic options 
  • ​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

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​YOUR EXPERIENCE

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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

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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’.

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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.

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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.

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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.

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​RECRUITMENT DATA PRIVACY CONSENT/ CONSENT TO DATA COLLECTION AND PROCESSING/ PRIVACY AND CONSENT AGREEMENT

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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 (https://www.nmg-consulting.com/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.

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