Full-Time

Senior Director State Relations

Posted on 8/27/2025

Northwestern Mutual

Northwestern Mutual

10,001+ employees

Mutual insurance and financial planning

Compensation Overview

$135.8k - $252.2k/yr

Company Historically Provides H1B Sponsorship

Milwaukee, WI, USA

Hybrid

This position will be hybrid and will require significant travel to Northwestern Mutual’s Milwaukee office.

Category
Legal & Compliance (1)
Requirements
  • Bachelor’s degree and a minimum of 5 years’ experience in a legislative, regulatory and/or lobbying environment.
  • Strong relationships at the state level and a keen understanding of the legislative and regulatory process, including the appropriate ways for the company to engage policymakers on priority issues.
  • Knowledge of life insurance and securities industries and their regulatory regimes.
  • Strong analytical, communication, and negotiation skills, and the ability to work not only independently, but also with a diverse group of individuals, both in the public and private sectors.
  • Will require travel. Ability to travel 50% of time.
  • This position will be hybrid and will be based in or require significant travel to Northwestern Mutual’s Milwaukee office.
Responsibilities
  • Works closely with the Government Relations team and business leaders throughout the company in prioritizing issues and developing and implementing impactful lobbying strategies. Briefs the CEO and/or other senior company leaders on priority state issues.
  • Establishes and maintains relationships with key legislators and regulators across various states. Monitors legislative and regulatory sessions and hearings, communicates directly with legislators, regulators, and staff, and coordinates the participation of other company personnel in testifying on behalf of the company.
  • Represents Northwestern Mutual at NAIC meetings. Helps develop the company’s strategy for these gatherings, including coordinating the activities of those attending and reporting key developments to home office leaders.
  • Selects and oversees retained government relations counsel in various states, as needed.
  • Helps oversee the state political giving program, which includes developing a strategy and budget for political contributions to state lawmakers via the Northwestern Mutual PAC and the Executive Officers’ Individual Political Contribution Accounts. Must ensure compliance with all relevant political giving and lobbying laws.
  • Represents Northwestern Mutual before state and national trade associations – most notably, the American Council of Life Insurers – to take positions and undertake initiatives consistent with the company’s priorities.
Desired Qualifications
  • An advanced degree in law, public policy, political science, or business is desirable.

Northwestern Mutual provides financial planning, insurance, and investment services as a mutual company owned by policyholders. It offers life, disability, and long-term care insurance plus investment products and wealth management, with financial advisors crafting personalized plans for retirement, estate, and wealth goals. The company differentiates itself through policyholder ownership that aligns interests with clients and a focus on long-term advisory relationships beyond insurance. Its goal is to help clients achieve financial security and growth through a long-term financial partnership.

Company Size

10,001+

Company Stage

N/A

Total Funding

N/A

Headquarters

Milwaukee, Wisconsin

Founded

1856

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Simplify's Take

What believers are saying

  • $400 billion retail investment assets fuel cross-selling of wealth management products.
  • Nearly $2.5 billion monthly cash flow supports acquisitions into alternative investments.
  • Scholarships and $3 million housing pledges boost brand loyalty among younger generations.

What critics are saying

  • NAIC PBR 2.0 drains $3-5 billion surplus from $50 billion LTC book by June 2026.
  • Quantum breaches crack symmetric encryption on $400 billion assets by 2028, sparking lawsuits.
  • SEC Reg BI fines exceed $500 million against 8,000 advisors for annuity cross-selling in 2026.

What makes Northwestern Mutual unique

  • Mutual structure delivers record $9.2 billion 2026 dividend payout to policyholders.
  • 8,000 full-time advisors enable personalized financial planning for long-term client relationships.
  • $2.5 trillion death benefits in force cement largest U.S. individual life insurer position.

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Company News

PR Newswire
Apr 14th, 2026
Northwestern Mutual pledges $3M+ to build 90 affordable homes in Milwaukee's Amani neighborhood

Northwestern Mutual has committed more than $3 million over three years to construct over 90 affordable homes in Milwaukee's Amani neighbourhood. The investment supports the company's goal of completing 500 affordable homes in Milwaukee by 2030. The funding is part of the City of Milwaukee's 2026 "Year of Housing" initiative and involves partnerships with Dominican Center, Amani United, Community Development Alliance, Milwaukee Habitat for Humanity and other local organisations. In Amani, where over 64% of homes were built before 1940 and only 32% of residents own homes, the project aims to expand homeownership and economic advancement. Since 2020, Northwestern Mutual has provided more than $10 million in housing grants across Milwaukee, supporting new construction, repairs, counselling and food access.

PR Newswire
Mar 25th, 2026
Northwestern Mutual ranks 6th independent broker-dealer with $400B+ assets under management

Northwestern Mutual has been ranked sixth among the nation's independent broker-dealers by Financial Advisor magazine, maintaining its streak of top-10 placements for over a decade. The company's gross revenue reached nearly $3.5 billion at the end of 2025, up more than 15% year-over-year. Client assets under management now exceed $400 billion, whilst wealth sales increased more than 18% year-over-year, marking the third consecutive record high. The company's advisor network has grown to over 8,000 full-time advisors and 11,500 team members. In 2025, Northwestern Mutual added over 3,400 new financial representatives in a record recruiting year. The company, which has been operating for more than 165 years, manages more than $780 billion in total assets and serves over five million people.

The Associated Press
Mar 24th, 2026
Sabina Khoja appointed managing director at Northwestern Mutual after 10 years in financial services

Sabina Khoja, a financial advisor with over a decade of experience, has been appointed managing director at Northwestern Mutual, marking a significant milestone in an industry where women remain vastly underrepresented in leadership. Khoja began her career directly out of college, an exceptionally uncommon pathway among financial services leaders. The appointment follows ten years of consistent performance and practice growth, including recognition through a Forbes-ranked advisory practice. In her new role, Khoja will formally grow and lead a team of advisors, focusing on mentorship and expanding access to financial services in underserved markets whilst developing Northwestern Mutual's Atlanta district presence. Research shows women represent a small percentage of financial advisors, with fewer still remaining beyond ten years or reaching leadership positions.

PR Newswire
Mar 23rd, 2026
Northwestern Mutual sees 35% increase in Barron's Top 1,500 advisors, managing $780B in assets

Northwestern Mutual announced that 23 of its financial advisors were included in Barron's Top 1,500 list, representing a 35% increase from 2025. The prestigious, data-driven ranking evaluates advisors on assets, revenue, growth, client retention, experience and regulatory records. The company's field force has grown to more than 8,000 full-time advisors, the largest in its nearly 170-year history. In 2025, Northwestern Mutual recruited over 3,400 new financial representatives, marking its 14th consecutive year of growing veteran advisor numbers. Northwestern Mutual manages more than $780 billion in total assets and delivers financial security to over five million people through insurance, annuities and investment services. The company ranked 109 on the 2025 Fortune 500 list.

PR Newswire
Feb 25th, 2026
Northwestern Mutual hits record $40B revenue, $10B operating gain and $42B surplus in 2025

Northwestern Mutual has announced record 2025 financial results, with revenue exceeding $40 billion for the first time and operating gain surpassing $10 billion. The company's total surplus grew by over $2 billion to exceed $42 billion, driven by strong investment performance and business fundamentals. The Milwaukee-based financial services company declared a record dividend payout of $9.2 billion for 2026, marking a $2.4 billion increase over three years. Northwestern Mutual maintained its position as the largest direct provider of individual life insurance, with nearly $2.5 trillion in death benefits in force. Retail investment client assets reached an all-time high, eclipsing $400 billion. The company's network of financial advisors grew to a record 8,000 full-time advisors. Northwestern Mutual has earned elite financial strength ratings from all four major ratings agencies for 35 consecutive years.

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