Senior Strategy & Risk Consultant (hybrid)

NiSource•Columbus, OH
•$82,200 - $123,200•Hybrid

About The Position

NiSource’s Strategy and Risk team helps the company make decisions under uncertainty by delivering comprehensive analysis and innovative solutions across the enterprise. The Senior Strategy & Risk Consultant participates in cross-functional projects and provides analysis, consultation, and collaboration to develop and communicate strategies, programs, and plans addressing current and future issues. The role evaluates and recommends actions for projects related to regulatory strategy, risk, and insurance, while maintaining an external perspective on industry best practices. The consultant conducts analyses to develop strategy, risk, and insurance programs; solves problems using econometric, actuarial, and/or statistical methods; and recommends approaches to risk appetite, risk tolerances, capital allocations, and returns. The role researches financial, market, and regulatory environments from the perspective of customers and other stakeholders, and works with internal and external subject-matter experts to test and refine risk-assessment methodologies. The position also develops strategy methodologies such as scenario planning, strategic frameworks, and roadmaps; leads cross-functional execution and tracks progress; and integrates strategic initiatives into business and long-range plans. The consultant translates technical analyses into materials for peer review and stakeholder discussion, and creates high-impact presentations for diverse audiences, including senior leadership. The role is based in either the Columbus, Ohio, or Merrillville, Indiana office, with a three-day-per-week hybrid schedule. As a public utility, NiSource may require employees to support emergency response efforts outside normal hours or typical responsibilities.

Requirements

  • Bachelor’s degree from an accredited college or university in Business, Finance, Accounting, Economics, Engineering, Actuarial Science, Mathematics, Statistics, or a related discipline, or equivalent experience.
  • Experience using Excel to analyze data.
  • Experience applying economic, statistical, and econometric concepts or methods.
  • 4–6 years of relevant experience, with a stated minimum of two years; relevant areas include corporate strategy, accounting, financial planning, risk, legal, and insurance.
  • Proven ability to produce accurate and timely work with minimal supervision.
  • Experience identifying and resolving complex problems and managing conflicts.
  • Experience leading and coordinating projects and supervising the work of others.
  • Demonstrated critical-thinking, analytical, planning, organizational, and time-management skills.
  • Ability to work in a fast-paced environment and meet deadlines.
  • Intermediate Microsoft Office skills, including Excel and Word; experience handling large amounts of data and building financial or other decision-support models in Excel.
  • Advanced PowerPoint storytelling ability.
  • Advanced interpersonal and written communication skills, including representing the company to external stakeholders and preparing and leading presentations for senior executives.
  • Must be legally authorized to work in the United States and must not require employer sponsorship now or in the future.

Nice To Haves

  • Previous electric or gas utility experience.
  • Experience with problem-solving tools and techniques such as failure mode analysis, stochastic modeling, cause analysis, fault trees, quantitative analysis, or Monte Carlo simulations.
  • Master of Business Administration.
  • Operational Excellence experience.
  • Project Management experience.
  • Ability to communicate effectively with senior leadership through clear, concise, impactful messages and strategic recommendations.
  • Experience ensuring seamless scheduling to optimize productivity and time management.

Responsibilities

  • Conduct industry, competitor, customer, financial, market, and regulatory analyses; monitor trends and identify opportunities and barriers.
  • Build Excel models to analyze data and financial decisions, and develop business cases and decision-support models.
  • Use enterprise risk reporting and tools such as risk registers, dashboards, tracking metrics, and mitigation monitoring to research and assess risks.
  • Conduct analyses to develop strategy, risk, and insurance programs, applying econometric, actuarial, and/or statistical methodologies.
  • Recommend risk appetite, risk tolerances, capital allocations, and returns on allocated capital using innovative analytical approaches.
  • Partner with internal and external subject-matter experts to test and refine methodologies for assessing company risks.
  • Create materials for the Risk Management Committee, Strategy Council, Executive Council, and other executive audiences.
  • Compile, organize, and format quantitative and qualitative data for internal and external reporting; research reporting issues and assist with new reporting requirements.
  • Translate technical analyses into communication materials for peer review and stakeholder discussions.
  • Develop and deliver high-impact PowerPoint presentations using advanced formatting, visualization, and storytelling techniques.
  • Design and implement strategy methodologies, including scenario planning, strategic frameworks, and roadmaps, to align cross-functional teams and achieve organizational goals.
  • Lead execution of strategy methodologies by aligning teams, monitoring roadmap progress, and integrating strategic initiatives into business and long-range plans.
  • Lead project tasks, track resources and deliverables, and coordinate projects under direction of senior or lead consultants.
  • Prioritize work, meet tight deadlines, and deliver accurate, high-quality results in a fast-paced and ambiguous environment.
  • Support emergency response efforts when needed, potentially outside normal working hours or typical responsibilities.
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