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Strategy and Risk Consultant (Senior or Lead)-hybrid Location: Columbus, OH or Merrillville, IN office (Hybrid – 3 days/week in office)
We are open to hire at either the Senior or Lead level, depending on experience (years of experience and salary band listed is for lead level)
Job Summary
The Risk, Insurance, Strategy, and Energy (RISE) team helps NiSource make decisions under uncertainty. The team leverages its integrated capabilities and expertise to deliver comprehensive analyses and innovative solutions across the enterprise. The Consultant Job Family team member effectively participates on a variety of cross-functional project teams that provide a wide range of internal and external research to NiSource. They will provide dedicated analysis, consultation and collaboration across functions for the development and communication of appropriate strategies, programs and plans necessary to address current and future issues facing our environment across NiSource. They will evaluate, make recommendations and drive to closure specific projects related to regulatory strategy, risk, and insurance. They will maintain an external perspective of industry best practices.
Essential Functions
- Performs industry, competitor, and customer analyses; monitor and evaluate impact of trends; watch for key opportunities and barriers; gather quantitative and qualitative data
- Builds models in Excel to analyze data and financial decisions.
- Leverages enterprise risk reporting information, researching primary and secondary risk impacts. Uses key risk management tools such as: risk registers, risk dashboards, tracking metrics, and monitoring mitigation strategy.
- Identifies and understands issues, problems, and opportunities; compares data from different sources to draw conclusions; uses effective approaches for choosing course of action or developing appropriate solutions; takes action that is consistent with available facts, constraints, and probable consequences.
- Assists with the creation and updating materials to be presented to the Risk Management Committee and Strategy Council comprised of the Executive Council and other executive audiences.
- Compiles, organizes and formats data, including quantitative and qualitative analysis required for internal and external reporting. Researches reporting issues, assists with the adoption of new reporting requirements, and builds business case development and financial models.
- Lead project tasks under direction of Senior/ Lead Consultants, including tracking resources and deliverables.
- Senior Strategy and Risk Consultant
- Bachelor's Degree Bachelor's from an accredited college/university in Business, Finance, Accounting, Economics, Engineering, Actuarial Science, Mathematics, Statistics or related discipline (or equivalent experience).
- Experience using Excel to analyze data.
- Experience applying economic, statistic, and econometric concepts/ methods.
- Demonstrated critical thinking and analytical skills.
- Demonstrated planning, organizational, and time management skills.
- Ability to work in a fast paced environment and meet deadlines.
- Advanced skillset in Microsoft Office (Excel, Word, and PowerPoint), experience with VBA and building business tools.
- Advanced quantitative analysis and critical thinking skills. Demonstrated ability to break down and analyze large, complex problems, recognize strategic implications, and implement action plans.
- Demonstrated experience leading people, projects, or initiatives.
- Demonstrated time management skills, including the ability to prioritize and advance multiple work streams concurrently.
- Self-starter who takes action to identify, analyze and improve existing processes within organization. Six Sigma background a plus.
- Demonstrate sound judgment and initiative in working within departmental and corporate guidelines, including the ability to handle highly confidential information.
- Strong collaboration and communications skills, ability to engage with others.
- Occasional travel (5-10%) might be required
- Time might be required outside of traditional business hours
- Works with sensitive and confidential information
- Predictive analytics (machine learning is a plus)
- Timeseries analysis
- Risk modeling (FAIR methodology is a plus)
- Statistical analysis programs
- Advanced degree (MBA, MPA, PhD) preferred.
- Minimum of three (3) years of relevant experience (e.g., corporate strategy, accounting, financial planning, risk, legal, insurance, etc.).
- Previous electric or gas utility experience.
- Experience with a variety of problem solving tools and techniques (e.g. failure mode, stochastic modeling, cause analysis, fault tree, quantitative analysis, Monte Carlo simulations, etc.).
- Certified Public Accountant (CPA) Upon Hire
- Certified Management Accountant (CMA) Upon Hire
- Chartered Financial Analyst (CFA) Upon Hire
- ARM - Certification In Risk Management other analytical-related certification, and/or professional designations commensurate with the profession (i.e. AIC, etc.) is a plus. Upon Hire
- Chartered Property Casualty Underwriter (CPCU) Upon Hire
As a public utility, NiSource is required to provide continuous service to customers at all times. To ensure we fulfill that obligation, employees may be required to work outside their normal work hours and perform tasks outside of their normal responsibilities in support of emergency operations.
Work AuthorizationAuthorized to work in the United States without requiring sponsorship.
Workplace Connection
Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.
Respect the unique lived experiences within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represents all walks of life and all backgrounds.
Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.
Equal Employment Opportunity
NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, sex (including pregnancy, lactation, childbirth or related medical conditions), genetic information, citizenship status, or any protected group status as defined by law. Each employee is expected to abide by this principle.
By applying, you may be considered for other job opportunities. ADA Accommodations
If you need a reasonable accommodation to participate in any part of the hiring process or to perform the essential functions of the position, please contact OneHR at OneHR@nisource.com or 1-888-640-3320
Safety Statement
Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.
E-Verify
NiSource participates in the U.S. Department of Homeland Security’s E-Verify program. As part of this process, we provide the following notices to all job applicants: These documents inform you of your rights and responsibilities under U.S. law. You can view or download them using the links below:
- E-Verify Poster (English and Spanish) E-Verify Participation Poster English and Spanish
- Right to Work Poster (English and Spanish) If you have the right to work, don't let anyone take it away$93,800.00 - $140,700.00
- The salary offered to a candidate is based on several factors including but not limited to the candidate’s skills, job-related knowledge, and relevant experience, as well as internal pay equity.
Posting Start Date:
2025-09-03
Posting End Date (if applicable):
2025-09-18
Please note that the job posting will close on the day before the posting end date.