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.
Primary Duties & Responsibilities
- 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
Qualifications
- 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
Compensation Range:
Pay Range - Start:
$118,960.00
Pay Range - End:
$178,440.00
Geographic Specific Pay Structure:
Structure 110:
$130,880.00 USD - $196,320.00 USD
Structure 115:
$136,800.00 USD - $205,200.00 USD
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
Competitive Benchmarking (NM) - Expert, Training, Educating & Awareness (NM) - Advanced, Customer, Market & Ecosystem Knowledge (NM) - Expert, Cross Functional Partnering & Planning (NM) - Advanced, Customer Support (NM) - Expert, Financial Acumen (NM) - Expert, Investment Products (NM) - Expert, Customer Centricity (NM) - Expert, Insurance Products (NM) - Expert, Field Advocacy (NM) - Expert, Financial Case Consultation & Resolution (NM) - Expert, Facilitation (NM) - Advanced, Sales Cycle Acumen (NM) - Expert, Adaptive Communication (NM) - Advanced, Analytical Thinking (NM) - Expert, Customer Segmentation (NM) - Advanced, Financial Planning (NM) - Expert, Capital Markets Ecosystem (NM) - Expert, Learning Agility & Critical Thinking (NM) - Advanced, Consulting (NM) - Expert
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.
- Flexible work schedules
- Concierge service
- Comprehensive benefits
- Employee resource groups
Skills Required
- Bachelor’s degree in business, economics, finance, accounting, or a related field
- Minimum of 8 years of professional experience
- Minimum of 5 years of experience in investment management and/or financial services
- Solid knowledge of financial concepts and strategic operational planning
- Ability to apply strategic thinking and sound judgment to business planning and operational improvements
- Superior verbal and written communication skills
- Ability to lead and influence others outside 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
- Advanced degree such as an MBA or relevant professional designation
What We Do
You’ll Like It Here At Northwestern Mutual, we believe that our lives and our work matter. And that doing what’s right is good for everyone. We follow through by designing tech that improves the community and cultivating creative ways to make finance accessible anywhere. These guiding principles have allowed our company to grow for more than 160 years. Here, you’ll be with a team who emphasizes integrity and prioritizes security to design experiences that better everyone. You’ll work in cross functional teams to create optimal solutions that are rooted in innovative strategy and thoughtful execution. And you’re provided development tools and opportunities to become a leader all with the support of a collaborative team. You’ll be surrounded in a culture that values innovation and works to always evolve to stay ahead of trends and client needs. We are intentional in seeking out team members who will challenge us. Our employees choose us for the career opportunities, commitment to philanthropy and desire to have a meaningful impact in the lives of our clients. You have career passions and goals. We have ambition and opportunity for you to grow your future in tech. Discover today: https://careers.northwesternmutual.com/
Why Work With Us
We invest in our people. We know careers are about choices, so we provide intentional opportunity. Here you can build creative ways to make finance accessible anywhere and revolutionize traditional processes. As a mutual company, our focus is our people — whether professional development or investments in the community.
Gallery
Northwestern Mutual Teams
Northwestern Mutual Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
We offer a flexible, hybrid approach for our employees . Teams are in the office a few days a week and work from home the others.









