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Internal Management Consultant

Hiring Company Industry: Insurance
Number of Employees: 1,000 - 10,000 Employees
Total Compensation: $130K - $150K
     - Base Salary: $110K - $125K
     - Bonus / Commission: 15% - 25%
Reports to: SVP Corporate Development
Location: New York, NY
Position Filled
JOB DESCRIPTION

Internal Consultant


 


Leading Insurance Organization


 


Position Description


 


 


 


Overview:


 


 


 


Our client is a leading global insurance company with a strong track record of profitable growth and leading market positions in the segments it serves.  It is a top ten US insurance firm, a Fortune 250 organization, and recognized as one of the “America’s Most Admired” firms with about $15 billion in revenues. 


 


 


 


Their Corporate Development function serves as an internal consulting resource playing a significant role in driving the strategic direction, capital investments, new business/product development, process improvement, and implementation programs for this top insurance organization. This group works directly with the senior executive team and business heads providing high levels of exposure and interaction working on high impact projects, issues, and opportunities. There is also a strong track record of promotion into significant business management roles out of this prestigious and showcased small group of talent. There is an immediate need for additional top talent to join this elite internal consulting team. The position is located conveniently in an attractive New York City suburb.


 


 


 


Major Responsibilities:


 


 


 


The Internal Consultant will lead and support major corporate and business strategic initiatives for both existing and new businesses working with the executive leadership team.  Projects include:


 





  • Analysis of existing businesses/products/operations: Strategy formulation and implementation including analysis of addressable markets, scenario planning, operational assessment, workflow and span of control analysis.



  • New market/business entry: Business case development including analysis of market dynamics, service and product offerings, financial projections, organizational design, legal and regulatory review, funding requirements.



  • Strategic Investments/Alliances: Identification of candidates, development of business case for investment, acquisition integration, or partnership structuring.



  • Process Improvement: Operational performance analyses, creation of new processes and resultant benefits, and change management program to achieve benefits.




 


 


 


 The major responsibilities for this high impact role include:


 





  • Addressing key strategic initiative requests from Business and Corporate leaders



  • Analyzing new markets, businesses, and products evaluating market and competitive conditions as well as developing financial projections



  • Developing business cases and modeling for new business, market, and product development efforts



  • Leading business teams in evaluating and pursuing new business and product development initiatives as well as operational improvement efforts  



  • Creating new business implementation strategies and operating models




 


 


 


Key Qualifications:


 


 


 


We are seeking a candidate with a strong background of proven strategy, analytics, and business process improvement track record from a leading consulting organization and/or internal consulting role with a leading financial services organization. 


 


 


 


The “ideal” candidate must have:


 





  • Three to seven years of proven strategic initiative experience in the financial services arena with property casualty insurance experience preferred



  • Track record of developing and implementing strategic programs resulting in significant business impact



  • Experience from a leading strategy development and/or financial services firm in new business and product development including market evaluation and financial modeling



  • Strong organizational leadership skills with a proven ability to help drive significant change via well aligned organizational efforts and working with multi-disciplinary teams



  • Effective individual performer and collaborative team player working in a highly visible role



  • Strong analytical and problem solving skills with the ability to analyze and integrate multiple sources of data and information



  • Strong project management, communications, facilitation, and presentation skills with a demonstrated ability to work with and present to senior level management



  • MBA or CFA required and Six Sigma and Lean Thinking training is a plus



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