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Northwestern Mutual

Sells life insurance and financial advice

ALM/Derivatives Associate

Asset ManagementConfirmed live in the last 24 hours
Full-timeMilwaukee, WI, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in finance, economics, actuarial science, or a related field is required.
  • Three to five years of relevant experience in asset allocation, annuity product asset liability management, derivative execution support, private asset modeling, or related investment analytics roles.
  • Strong quantitative and analytical skills, including the ability to work with complex data, build analyses, and translate results into clear investment implications.
  • Experience with Bloomberg, Aladdin, SQL, Python, or Snowflake is beneficial.
  • A strong investment and finance background and willingness to ask thoughtful questions.
  • Ability to work independently and contribute to a strong team dynamic.
  • High ethical and professional standards.
  • Ability to formulate strategies for conveying complex information about services, products, systems, or processes to targeted audiences, and to communicate between technical and non-technical audiences.
  • Ability to focus on details, identify and correct errors, and thoroughly proofread work for presentation, content, accuracy, and overall quality.
  • Ability to facilitate collaboration, communication, coordination, and planning among individuals and teams from different functions and areas of expertise.
  • Knowledge of common industry practices, regulatory considerations, market trends, and the competitive landscape.
  • Ability to communicate insights and opportunities from datasets using narratives, visualizations, and analysis.

Responsibilities

  • Perform asset liability management analysis for spread lending and annuity products, including duration, key rate duration, and cash flow assessments used to inform investment decisions.
  • Develop recommendations for asset liability management activity and repositioning to drive value for annuity products and the spread lending program.
  • Assist with derivative strategy analysis and execution support, and develop the knowledge and skills to execute derivative transactions.
  • Provide modeling and analytical support related to portfolio assets and liabilities, including private and structured assets.
  • Partner with portfolio managers, traders, actuaries, accountants, and other stakeholders involved in product and portfolio management.
  • Track and analyze financial market data and news, evaluate trends and events that may affect investment portfolios or financial decisions, and use this information to inform investment decisions.

Desired Qualifications

  • A CFA designation or progress toward a CFA designation.
  • A master's degree.

About the Company

Northwestern Mutual

Sells life insurance and financial advice

Northwestern Mutual sells life, disability income and long-term care insurance together with investment advice and wealth management to American families and business owners. It is owned by its policyholders rather than shareholders and has paid them dividends for more than 150 consecutive years. Its financial representatives build a full financial plan for each client and then sell the policies, brokerage accounts and managed portfolios that carry it out. The company earns money from insurance premiums, advisory fees and returns on a large bond and mortgage portfolio. It was founded in 1857 in Janesville, Wisconsin, and moved two years later to Milwaukee, where it is based.

Company size
10,001+
Company stage
Not listed
Total funding
Not listed
Headquarters
Milwaukee, WI
Founded
1857

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