Northwestern Mutual Life Insurance Company
Distribution Sr Data Analyst
Northwestern Mutual Life Insurance Company, Milwaukee, Wisconsin, United States, 53244
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
Our
Mission
At Northwestern Mutual, we're changing the way people think about financial planning with the scale of a Fortune 100 company. We're redefining and disrupting the industry while changing people's financial lives with better experiences and better technology. We believe in building inclusive and diverse workplaces, where every voice is heard. Come help us build for the future!
Summary:
View the Distribution System's finance and rewards structure broadly via helping to design rewards and then partnering to support office financials. Work with Field and Home Office Leaders to interpret office financials, influence Field Office decision making with financial analysis, and proactively identify risks, issues and opportunities for deeper analysis. Involved in the design projects involving the evaluation, resolution and implementation of Field compensation, benefits and recognition programs considering the implications of all stakeholders. Provide guidance and support to the Field consultation roles (e.g., Principals and Field financial consultants) and the Field offices you support.
Primary Duties & Responsibilities:Proactively identify Network Office financial issues and assist the Principals and internal management in resolving by providing research and resolution options, considering financial performance management standards, guidelines and accountabilities.Participate in interdepartmental projects related to the development of Field compensation, benefits and recognition for products or distribution initiatives. Perform analysis required for the assignment, including development of financial models. Manage the project work including the scope, schedule and documentation of research, analysis, modeling and presentation of implications to all partners (financial representatives, Field management and policy-owner/home office).Develop educational and promotional materials regarding the financial representative and Field management compensation packages. Provide mentorship to company and Field regarding compensation, benefit and recognition programs through consultations.Prepares financial scenarios using various financial modeling tools and concepts (Budgeting, Forecasting, NPV, value, etc. ) to advise decisions about investments in the Office.Collaborate with the regional team, Field business partners and internal management to assess, define or propose investment strategies for the Office.Regular review of financial results with Field and Home Office leaders assessing against budget, forecast and peer performance to identify areas of risk and opportunity for additional operational focus.Gather and review competitor information to prepare comparisons to the company's Field compensation offerings. Provide guidance to company and Field individuals on competitor compensation.Knowledge, Skills, & Abilities:
Bachelor's Degree or equivalent experience in Accounting, Finance, Actuarial Science, Mathematics or EconomicsMBA, CFA or other relevant advanced degree or equivalent experience preferred, but not requiredMinimum of 5 years of related business experience working with financial documents, performing financial analysis & modeling using spreadsheet toolsStrong analytical skills with the proven track record to analyze business problems and make decisionsDemonstrated independent leadership and project management skillsHigh degree of personal initiative and ability to work independently managing multiple projects simultaneously in a fast-paced environmentProven ability to build rapport and influence at all levels within the Home Office and Field and participate in a collaborative team environment, comfortable working in a highly matrixed organization5-10% travel time required
Compensation Range:
Pay Range - Start:
$75,180.00
Pay Range - End:
$139,620.00
Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additional information relating to location-based pay structures.
Grow your career with a best-in-class company that puts our client's interests at the center of all we do. Get started now!
We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.
Our
Mission
At Northwestern Mutual, we're changing the way people think about financial planning with the scale of a Fortune 100 company. We're redefining and disrupting the industry while changing people's financial lives with better experiences and better technology. We believe in building inclusive and diverse workplaces, where every voice is heard. Come help us build for the future!
Summary:
View the Distribution System's finance and rewards structure broadly via helping to design rewards and then partnering to support office financials. Work with Field and Home Office Leaders to interpret office financials, influence Field Office decision making with financial analysis, and proactively identify risks, issues and opportunities for deeper analysis. Involved in the design projects involving the evaluation, resolution and implementation of Field compensation, benefits and recognition programs considering the implications of all stakeholders. Provide guidance and support to the Field consultation roles (e.g., Principals and Field financial consultants) and the Field offices you support.
Primary Duties & Responsibilities:Proactively identify Network Office financial issues and assist the Principals and internal management in resolving by providing research and resolution options, considering financial performance management standards, guidelines and accountabilities.Participate in interdepartmental projects related to the development of Field compensation, benefits and recognition for products or distribution initiatives. Perform analysis required for the assignment, including development of financial models. Manage the project work including the scope, schedule and documentation of research, analysis, modeling and presentation of implications to all partners (financial representatives, Field management and policy-owner/home office).Develop educational and promotional materials regarding the financial representative and Field management compensation packages. Provide mentorship to company and Field regarding compensation, benefit and recognition programs through consultations.Prepares financial scenarios using various financial modeling tools and concepts (Budgeting, Forecasting, NPV, value, etc. ) to advise decisions about investments in the Office.Collaborate with the regional team, Field business partners and internal management to assess, define or propose investment strategies for the Office.Regular review of financial results with Field and Home Office leaders assessing against budget, forecast and peer performance to identify areas of risk and opportunity for additional operational focus.Gather and review competitor information to prepare comparisons to the company's Field compensation offerings. Provide guidance to company and Field individuals on competitor compensation.Knowledge, Skills, & Abilities:
Bachelor's Degree or equivalent experience in Accounting, Finance, Actuarial Science, Mathematics or EconomicsMBA, CFA or other relevant advanced degree or equivalent experience preferred, but not requiredMinimum of 5 years of related business experience working with financial documents, performing financial analysis & modeling using spreadsheet toolsStrong analytical skills with the proven track record to analyze business problems and make decisionsDemonstrated independent leadership and project management skillsHigh degree of personal initiative and ability to work independently managing multiple projects simultaneously in a fast-paced environmentProven ability to build rapport and influence at all levels within the Home Office and Field and participate in a collaborative team environment, comfortable working in a highly matrixed organization5-10% travel time required
Compensation Range:
Pay Range - Start:
$75,180.00
Pay Range - End:
$139,620.00
Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additional information relating to location-based pay structures.
Grow your career with a best-in-class company that puts our client's interests at the center of all we do. Get started now!
We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.