[Remote] Resource Planning Consultant at Northwestern Mutual

Texas, United States

Northwestern Mutual Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, InsuranceIndustries

Requirements

Candidates must possess a Bachelor's degree in business, statistics, mathematics, or a related field, or an equivalent combination of professional related work experience. A minimum of 5 years of workforce management experience and 3+ years of quantitative analysis or research experience are required. Strong understanding and experience in forecasting using trend extrapolation, driver-based, simple regression, econometric models, and multivariate methods are essential. Experience as a primary capacity consultant for Vice President level Senior Leadership, providing optimal headcount plans and hiring strategies to accomplish budget objectives, is necessary. Expertise with SPSS or other statistical software packages, expert Excel skills including macros and data tables, and experience integrating Excel with other tools are required. Proficiency with Power Query, the Excel internal Data Model, Cube formulas, DAX, and Power Pivot is also needed. Preferred qualifications include analysis experience in Customer Service or Operations, previous Capacity Planning experience, and experience with WFM Solutions like Aspect, NICE IEX, and/or Verint, as well as VBA programming within Excel.

Responsibilities

The Resource Planning Consultant will conduct data analysis for operational resource and capacity planning using complex statistical analysis and quantitative methods to identify trends, anomalies, and outliers. They will create accurate long-term forecasts for volume, average handle time, and shrinkage for all supported workgroups using advanced techniques to develop comprehensive headcount plans. The role involves driving budget planning cycles through effective support of operational understanding and planning, and developing and maintaining staff models looking out 3 years that align with long-term business plans, budget requirements, and learning needs. Responsibilities include integrating and interpreting data from various sources, performing in-depth analysis, and consulting leaders with solutions to business problems. The consultant will recommend KPIs and metrics for measuring business results and workforce gaps, create and maintain a workforce planning scorecard and dashboard, and identify and recommend process improvement opportunities within the Resource Planning team. They will leverage data mining, analytics, and reporting tools, and participate in cross-functional projects, developing project deliverables for various enterprise scopes.

Skills

Data Analysis
Statistical Analysis
Quantitative Methods
Linear Regression
Logistic Regression
Forecasting
Headcount Planning
Budget Planning
Staff Modeling
Data Integration
Data Interpretation
Data Mining
Analytics
Reporting Tools
Cross-functional Projects

Northwestern Mutual

Provides financial security services, and wealth management

About Northwestern Mutual

Northwestern Mutual offers personalized financial planning, life insurance, and investment services, leveraging leading-edge technology to manage over $125 billion in client assets for more than 4.5 million clients.

Milwaukee, WisconsinHeadquarters
1856Year Founded
N/ACompany Stage
Consulting, Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Growing your Career
Compensation & Time Off
Insurance plans
Health Savings Account
Wellness programs & resources
401(k) plan and cash balance contributions

Risks

Fintech platforms like Carefull challenge traditional financial advisory services.
Internal competition may arise from Wellthi's focus on the Black community.
Customer dissatisfaction may grow due to increased retirement age expectations.

Differentiation

Northwestern Mutual maintains the highest financial strength ratings in the industry.
The company launched 'The Great Realization' campaign to refocus customer priorities.
Northwestern Mutual offers a unique Long-Term Advantage product with life insurance benefits.

Upsides

The aging population increases demand for retirement planning and long-term care solutions.
Partnerships with tech firms enhance Northwestern Mutual's data analytics capabilities.
Digital transformation in insurance leads to more personalized customer experiences.

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