Northwestern Mutual logo

Asst Dir MSA Finance and Admin

Northwestern Mutual

  • Milwaukee, WI
  • 1 day ago

    Highlights

    Skills You Have : Analytical Thinking - Organizes and compares various aspects of a situation to comprehend and identify key or underlying complex issues through the use of quantitative data and analysis; leverages strong business acumen, problem solving, and interpersonal skills to think critically about situations from multiple perspectives and consistently seeks ways to improve processes. Cross Functional Partnering & Planning - Facilitates collaboration, communication, coordination, and planning with individuals and teams from different functions within the organization, and who have different areas of expertise, to achieve common goals.

    Numbers & Facts

    LocationMilwaukee, WI
    IndustryFinancial Services
    Company Size5,000 to 9,999 employees
    Year Founded1857
    Websitehttps://www.northwesternmutual.com/

    Description

    About the Job:

    Mason Street Advisors (MSA) manages over $42 billion in assets across 34 individual funds and 2 mutual fund clients. These funds are exclusively offered through Northwestern Mutual advisory services and variable insurance and annuity products. This position is responsible for budgeting, profitability and pricing for MSA and the funds for which it serves as investment adviser. This position also supports the planning and execution of MSA’s subadvisory oversight, supervision and reporting responsibilities.

    What You'll Do

    • Support the budgeting, forecasting, profitability, pricing and financial controls for MSA

    • Coordinate with the Finance Department regarding revenue and expense management

    • Monitor the financial aspects and contracts of MSA’s vendors

    • Maintain a keen understanding of inter-company agreements between MSA and its affiliates

    • Provide financial perspective on specific business plans and initiatives relating to MSA and the funds advised by MSA

    • Prepare materials and reports to the board of directors of MSA’s mutual fund clients, with a focus on fees, expenses and profitability

    • Maintain awareness of subadvisory fee trends within the industry and review existing and prospective subadvisory fee arrangements for competitiveness

    • Support the day-to-day activities for the maintenance and enhancement of sub-advisory oversight and supervision, including board reporting

    • Identify opportunities to increase efficiency in data collection, organization and report creation through process optimization and emerging technologies

    What You'll Bring to the Role:

    • Bachelor’s degree required with a major in business, economics, finance, accounting or related field, with an advanced degree (such as MBA) or designation preferred

    • Minimum of 8 years’ experience, including solid knowledge of financial concepts and strategic operational planning

    • Minimum of 5 years of experience in investment management and/or financial services

    • Demonstrated ability to apply strategic thinking and sound judgment to support business planning and operational improvements

    • Superior verbal and written communication skills

    • Lead and influence others outside of a direct reporting relationship

    • Strong organizational skills and attention to detail

    • Ability to prioritize and work independently

    • Expertise in Microsoft Excel and Power BI

    • Strong knowledge of Microsoft Word and PowerPoint

    Skills You Have:

    • Analytical Thinking - Organizes and compares various aspects of a situation to comprehend and identify key or underlying complex issues through the use of quantitative data and analysis; leverages strong business acumen, problem solving, and interpersonal skills to think critically about situations from multiple perspectives and consistently seeks ways to improve processes.

    • Attention to Detail - Focuses on specific details to spot and correct errors in advance of them being found and surpass quality expectations. Performs work with thorough proofreading for presentation, content, accuracy, and overall quality.

    • Business Automation - Applies knowledge and utilizes systems that facilitate or automate one or more business application solutions, including linking rules to workflow management and requirements acquisition.

    • Cross Functional Partnering & Planning - Facilitates collaboration, communication, coordination, and planning with individuals and teams from different functions within the organization, and who have different areas of expertise, to achieve common goals.

    • Financial Acumen - Applies the knowledge of financial statements, financial analysis, budgeting, forecasting, and financial modeling to ensure decisions are fiscally sound and responsible.

    Compensation Range:

    Pay Range - Start:

    $108,160.00

    Pay Range - End:

    $162,240.00

    Geographic Specific Pay Structure:

    Structure 110:

    Structure 115:

    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.

    Skills

    Financial Acumen (NM) - Expert, Cross Functional Partnering & Planning (NM) - Advanced, Business Automation (NM) - Intermediate, Analytical Thinking (NM) - Expert, Attention to Detail (NM) - Advanced

    FIND YOUR FUTURE

    We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.

    About Company

    Who We Are

    What we believe.

    We believe relationships are built on trust. That our lives and our work matter. And that doing what’s right is good for everyone — our clients, our employees, our financial representatives and our communities.
    These beliefs launched our company nearly 160 years ago. Today, they’re just a few of the reasons why people choose to build careers at Northwestern Mutual.

    We’re known for our financial strength.

    That means we’ll be here for the millions of people who are counting on us—our clients, our employees, our financial representatives and our communities.

    We care.

    We make a positive difference in our communities. Nationally, thousands have benefited from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they’re passionate about.


    Why Work Here

    We’re strong and growing.

    In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We’re strong, innovative and growing. And we want you to grow with us.

    We invest in our people.

    We provide opportunities for employees to grow themselves, their careers, and, in turn, our business. Movement around the company is encouraged and we help our people build meaningful, long-term careers.

    Be part of building our future.

    We’re expanding our campus in downtown Milwaukee overlooking Lake Michigan. The Northwestern Mutual Tower and Commons will include a state-of-the-art employee Learning Institute, and will feature a natural light-filled, 21st century work environment. This signature development reinforces our commitment to job growth, attracting top talent and drawing new business to Milwaukee.

    Enjoy Milwaukee.

    Located on beautiful Lake Michigan, Milwaukee offers a perfect balance of big city and small town living. Home to Summerfest, the world’s largest music festival, Milwaukee has a thriving music scene, a celebrated annual film festival and vibrant performing arts community. Professional sports teams include the Milwaukee Brewers, Milwaukee Bucks and other major teams. And outdoor family fun is easy here. An extensive urban bike path network links our lakefront parks, beaches and other recreational hotspots.


    Our Culture

    We are always evolving.

    At Northwestern Mutual, our employees, and our business, are always evolving. We are agile and continuously learning and improving. We have a work environment that empowers problem solving and encourages innovation—you will make an impact here.

    We do what’s right.

    Our “do-what’s-right” value is pervasive. We ask ourselves: “Is this in the best interest of our clients? Our employees? Our financial representatives?” Acting on this value improves our clients’ experience, and makes Northwestern Mutual a better place to work.

    We recognize and develop possibilities in our people.

    Onsite training and leadership development programs help employees succeed and grow. We also sponsor learning opportunities outside the company to help employees stay current in their fields, network with peers and gain external perspective.

    Diversity makes us better.

    We believe diversity and inclusion cultivate creativity, innovation and a better experience for our clients. That’s why we recruit and grow people who bring unique perspectives, ideas, beliefs and cultural backgrounds.

    Similar Jobs

    Marshalls

    Retail Admin Coordinator

    • Greenfield, WI
    2 days ago
    See more jobs