Managing Consultant, Strategic Advisory

Northwestern Mutual (NM) has been helping families and businesses achieve financial security for over 165+ years. Through a distinctive, whole-picture planning approach including both insurance and investments, we empower people to be financially confident. We combine the expertise of our financial professionals with a personalized digital experience and leading-edge technology to best serve our clients. To help guide the collaborative effort, we are in search of a Managing Consultant, Strategic Advisory to join our team.

About the Job

Responsible for key deliverable development on strategic advisory engagements and initiatives. Takes point on gap assessments, financial analysis, and designing future state solutions. Serves as the primary day-to-day contact for delivery and execution partners and responsible for coordination of key delivery ceremonies.

What You'll Do

• Assess and analyze core business processes across various business segments

• Make strategic recommendations to drive enhanced output and results for business processes

• Analyze and quantify financial impact of engagements and process improvements

• Build and deliver presentations for key findings and recommendations to partner organizations

• Partner with data resources to quantitatively assess and analyze how core business activities tie into strategic direction and how they provide a competitive advantage for Northwestern Mutual

• Run delivery ceremonies (e.g. stand-ups, design sessions, client workshops, readouts)

• Identify and escalate blockers and risks to engagements to appropriate parties

• Summarize engagement deliverables for socialization as needed

• Design and conduct stakeholder interviews to quickly acclimate to new organizations, and identify areas of opportunity

• Identify best practices across Northwestern Mutual and industry standards

• Build relationship with decision makers in partnership organizations

• Partner with project management to ensure deliverable timelines are being met

• Participate in internal team activities to help share knowledge, research, and best practices

• Participate in stand-ups and project management cadences to help drive initiatives forward

What You'll Bring to the Role

• 5-10 years recently in client-facing consulting roles or equivalent experience leading projects and initiatives

• 3-5 years of experience delivering strategy and or management consulting

• Proficient in data analysis and ROI modelling

• Strong experience in Microsoft PowerPoint and Excel, proficient in quickly creating board-level presentations.

• Experience delivering key process improvement concepts (e.g. Lean Six Sigma)

• Ability to quickly learn new concepts or business strategies

• Ability to research and understand nuances of insurance segments

• Comfort with Executive-level storytelling and presentations

• Strong organizational skills; able to handle competing demands, and work under tight deadlines and short timeframes.

• Demonstrated organizational agility to work across organizational boundaries, influence, and collaborate with all levels on solutions that benefit the organization.

• Proven skills in dealing with ambiguity and paradox, and leading change.

• Facilitation and team building skills; ability to play an active, operational and communicative role.

Skills You Have

• Cross Functional Partnering & Planning: Builds alignment across functions, clarifies dependencies and ownership, and converts shared priorities into coordinated plans.
• Vision Setting: Defines a clear future state, frames strategic choices, and creates alignment around outcomes, priorities, and measures of success.
• Program Management: Structures complex initiatives, manages milestones, risks, decisions, and interdependencies, and sustains delivery against intended outcomes.
• Analytical Thinking: Synthesizes quantitative and qualitative evidence, tests assumptions, identifies patterns, and develops practical, defensible recommendations.
• Customer, Market & Ecosystem Knowledge: Connects customer needs, market dynamics, competitors, partners, and ecosystem signals to enterprise choices and strategic recommendations.
• Industry Knowledge: Applies a strong understanding of Northwestern Mutual, the financial services industry, operating environment, and relevant business constraints to shape credible advice.

Compensation Range:

Pay Range - Start:
$118,960.00

Pay Range - End:
$178,440.00

Geographic Specific Pay Structure:

Structure 110:
$130,880.00 USD - $196,320.00 USD

Structure 115:

$136,800.00 USD - $205,200.00 USD

We believe in fairness and transparency. It's why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you're living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.

Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!

Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.