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Investment Operations Internship

Northwestern Mutual

  • Milwaukee, Wisconsin
  • 8 days ago

    Highlights

    As an Investment Operations Intern, you will work with the Northwestern Mutual Managed Investment business partners, brokers and traders supporting the timely and accurate execution of transactions related to investments managed by the front office (Mason Street Advisors, Northwestern Investment Management Company, Northwestern Mutual Real Estate, Investment Strategy and Northwestern Mutual Capital) including settlement of trades, ongoing maintenance, and transactions such as principal, interest, cash flows, fees, and corporate actions. After application and initial screening conversation, interns are aligned interview and be hired to a specific team at NM based on their abilities and interests, providing exposure to real-world business perspectives through hands-on learning and significant work.

    Numbers & Facts

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

    Description

    Internship candidates can expect a full-time, onsite internship program from June through August 2027, transitioning to part-time during the Fall 2027 and Spring 2028 semesters. This internship is based in Milwaukee, WI, and candidates must reside in the Milwaukee area for the duration of the program.


    Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. After application and initial screening conversation, interns are aligned interview and be hired to a specific team at NM based on their abilities and interests, providing exposure to real-world business perspectives through hands-on learning and significant work. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more! 


    Summary: 

    As an Investment Operations Intern, you will work with the Northwestern Mutual Managed Investment business partners, brokers and traders supporting the timely and accurate execution of transactions related to investments managed by the front office (Mason Street Advisors, Northwestern Investment Management Company, Northwestern Mutual Real Estate, Investment Strategy and Northwestern Mutual Capital) including settlement of trades, ongoing maintenance, and transactions such as principal, interest, cash flows, fees, and corporate actions. Investments managed include domestic fixed income, common stock, derivatives, foreign, and alternative investments. 

    Primary Duties and Responsibilities: 

    • Ensure investment data is accurate, complete, and timely. Review and reconcile cash, investment positions and critical attributive investment data. 
    • Respond to internal and external inquiries regarding investment holdings and activity. 
    • Maintain investment data on various systems and conduct reconciliations. 
    • Respond to and investigate cash receivable and payable exceptions. 
    • Maintain records and perform reconciliation of physical securities. 

    Requirements: 

    • Enrolled in a college degree program with a business major and an emphasis in finance, accounting, management, or real estate. 
    • Anticipated graduation date of May 2028 or later
    • GPA of 3.0 or better 
    • Proficiency in Word, Excel, and Outlook. 
    • Must be self-motivated and organized; also, must know how to work independently, multi-task, establish priorities, and meet deadlines. 
    • Strong interpersonal skills and analytical ability 

    Who we are

    Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation, and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and improving the engagement of those who bring their outstanding perspectives, ideas, and beliefs. At Northwestern Mutual, people matter. And you’ll be working for a company that’s consistently voted among the “most admired” in the nation. We invite you to explore your career interests with us.

    #LI-Hybrid

    Compensation Range:

    Pay Range - Start:

    $16.50

    Pay Range - End:

    $30.00

    We believe in fairness and transparency. It’s why we share the salary range for most of our roles. Internship salaries are determined based on academic tenure and major. The standard pay structure is listed.


    Build a strong career foundation 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.


    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.

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