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Northwestern Mutual

Sells life insurance and financial advice

Total Portfolio Analytics & Investment AI Strategy Lead

Full-TimeUpdated
No salary listed
Senior, Expert
Bachelor's, Master's, PhD
Milwaukee, WI, USA
In Person
Finance & BankingAsset Management
Company Historically Provides H1B Sponsorship

About the job

Requirements
  • A bachelor's degree in a quantitative field such as Finance, Economics, Statistics, Computer Science, or Engineering is required.
  • Seven to ten or more years of relevant experience in multi-asset or total portfolio analytics within asset management, an allocator, or consulting, with exposure to public and private markets.
  • Experience leading, managing, or mentoring a small team, with the ability to set priorities, coach team members, and create accountability for delivery.
  • A strong understanding of asset allocation, portfolio construction, risk management, liquidity management, performance measurement, and attribution across asset classes.
  • Proficiency in SQL and Python or R, with experience working with modern data warehousing platforms such as Snowflake or Redshift.
  • Experience building dashboards, analytical tools, and decision-support applications using BI tools such as Tableau, Power BI, or Streamlit.
  • Familiarity with investment platforms such as Aladdin, Bloomberg, eFront, Yardi, or other investment data, risk, performance, and portfolio management systems.
  • Familiarity with machine learning, AI-enabled workflows, model governance, prompt-based tooling, agents, or production analytics environments.
  • Ability to partner with engineering, technology, risk, compliance, data governance, and enterprise AI teams to move new capabilities through intake, approval, delivery, and adoption.
  • Ability to distill complex analysis into clear narratives and recommendations for technical and non-technical audiences.
  • Strong analytical rigor and ability to operate in ambiguity while balancing strategic and tactical priorities.
  • High ownership, curiosity, and bias for action; collaborative and adaptable approach with a strong commitment to quality and controls.
  • Ability to formulate strategies to communicate complex information about services, products, systems, or processes to targeted audiences and liaise between technical and non-technical audiences.
  • Ability to focus on details to spot and correct errors, and thoroughly proofread work for presentation, content, accuracy, and quality.
  • Ability to track and analyze financial market data and news, evaluate trends and events that may affect investment portfolios or financial decisions, and stay current on economic indicators, market news, and global events and their investment implications.
  • Extensive knowledge of common practices, regulatory considerations, market trends, and the competitive landscape in the relevant industry or sector.
  • Ability to assess identified risks against organizational objectives, risk appetite, risk tolerance, and risk management resources to help determine appropriate action.
Responsibilities
  • Build and maintain analytical frameworks supporting strategic and tactical asset allocation, portfolio construction, liquidity planning, risk budgeting, rebalancing, and scenario analysis across public and private assets.
  • Identify, prioritize, and lead AI-enabled opportunities that improve investment decision-making, automate repeatable workflows, and create scalable capabilities for the broader investment organization.
  • Partner with engineering, data, technology, risk, compliance, and enterprise AI teams to translate investment needs into technical requirements, align delivery priorities, and move capabilities from concept to production.
  • Collaborate with data engineers to onboard total portfolio data sources, integrate public and private market data, design repeatable data models, and establish data quality checks, lineage, and documentation.
  • Create dashboards, applications, and portfolio views using Power BI, Streamlit, or similar tools to help investment leaders and portfolio teams understand exposures, performance, risk, liquidity, and capital allocation decisions.
  • Define and execute the analytics strategy and roadmap for portfolio models and decision-support tooling, including portfolio construction and optimization models for strategic and tactical asset allocation, risk budgeting, optimization under constraints, and rebalancing.
  • Build scenario and stress-testing frameworks for macro and market scenarios, liquidity stress, and commitment pacing across public and private assets.
  • Implement performance and attribution methodologies for multi-asset attribution, exposures, factor analytics, and benchmark alignment.
  • Identify gaps in investment data, analytics, AI, and reporting processes; prioritize improvements that reduce manual work, improve controls, and speed time to decision.
  • Serve as a people leader for a small team of analysts, data professionals, or associates by setting priorities, coaching team members, creating clear accountability, and helping the team deliver against department objectives.
  • Collaborate with portfolio managers, investment strategy leaders, traders, operations, risk, data, engineering, and enterprise partners to advance total portfolio capabilities and enable better investment decisions.
Desired Qualifications
  • An advanced degree, such as an MS or PhD, or progress toward the CFA designation is a plus.

About the company

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

N/A

Total Funding

N/A

Headquarters

Milwaukee, Wisconsin

Founded

1857

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Simplify's Take

What believers are saying

  • The business is earning more: 2025 revenue rose 8.2% to $41.2 billion and operating gain topped $10 billion.
  • It is moving upmarket: Family Office Services, launched September 2026, serves $50 million-plus households with 40+ specialists.
  • Advisor careers are easy to start: it reported a record 3,400+ financial representative recruits in February 2026.

What critics are saying

  • Advisor recruits are not employees: its financial representatives work as independent contractors, a status courts have upheld.
  • Its workplace faces a federal DEI probe: a judge ordered diversity data handed to the EEOC in July 2026.
  • Profits ride on markets: the company credited 2025 record results mainly to extraordinary investment performance.

What makes Northwestern Mutual unique

  • Northwestern Mutual sells more individual life and disability income insurance directly than any US rival.
  • Its balance sheet is rated top-tier: 2026 marks 35 straight years with the highest grades from all four agencies.
  • It doubles as a major brokerage: it has ranked among the top 10 independent broker-dealers for over a decade.

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Benefits

  • Growing your Career
  • Compensation & Time Off
  • Insurance plans
  • Health Savings Account
  • Wellness programs & resources
  • 401(k) plan and cash balance contributions

Company News

PR Newswire
Oct 27th, 2026
Northwestern Mutual to pay record $10.4B dividend in 2027, up $1B on 2026

Northwestern Mutual expects to pay a record $10.4 billion in dividends to policyowners in 2027, the largest payout in its history. The figure is more than $1 billion above 2026 and marks the 156th straight year the company has paid dividends. The annual payout has grown over 50%, or about $3.5 billion, since 2023. Whole Life Insurance policyowners will receive about $8.9 billion, or roughly 85%, while non-life products will get about $1.2 billion. The company, a mutual insurer owned by its policyowners rather than shareholders, returns roughly 90% of its operating gains through dividends. Nearly 97% of policyowners keep their policies each year. "For generations, Northwestern Mutual has shared its success with policyowners, not shareholders," said Tim Gerend, chairman, president, and chief executive officer. Dividends are not guaranteed.

PR Newswire
Oct 5th, 2026
83% of Boomers want to age at home as annual care costs set to hit $500K by 2058

More than 80% of Americans aged 57 and older want to receive long-term care at home if needed, but most families haven't planned financially for it, according to Northwestern Mutual's 2026 Planning & Progress Study. The research surveyed 4,375 US adults. Sixty-one per cent of Americans expect to need long-term care eventually, yet 54% haven't prepared financially. The situation affects younger generations too: 67% of Gen Z and 66% of millennials anticipate providing care for loved ones, but 60% haven't planned for associated costs. Current caregivers already feel the strain. Among the 39% providing or having provided care, 69% took financial actions like reducing spending or tapping savings. Some worked longer hours or took on debt. Northwestern Mutual's analysis suggests that if current cost trends continue, annual expenses for eight-hour daily home care could exceed $500,000 by 2058.

PR Newswire
Sep 22nd, 2026
Northwestern Mutual's childhood cancer giving reaches $75M with new hospital support programme

Northwestern Mutual's Foundation has reached $75 million in total donations to advance childhood cancer treatments and cures since 2012. The company announced a new $100,000 investment for Children's Wisconsin MACC Fund Center in Milwaukee, with more hospitals to be named in 2027. The funding will support families facing financial challenges and expand professional development for hospital staff. It also includes the inaugural Northwestern Mutual Childhood Cancer Healthcare Hero Award, presented to nurse Katy Tomlinson. During September's Childhood Cancer Awareness Month, Northwestern Mutual is donating $100 to Alex's Lemonade Stand Foundation for each new financial plan delivered, up to $2 million. The company's partnership with the Milwaukee Brewers has raised over half a million dollars for childhood cancer research. Since 2012, the Foundation has funded more than 860,000 hours of research and supported over 370 students through scholarships.

PR Newswire
Aug 12th, 2026
Northwestern Mutual CEO Tim Gerend ranks 7th in Glassdoor's best CEOs list

Northwestern Mutual's chief executive officer Tim Gerend has been named the seventh highest-rated CEO in America by Glassdoor. The recognition is based entirely on anonymous feedback from employees and financial advisors who rated their approval of how Gerend leads the company. Gerend became chairman, president and CEO in 2025. Under his leadership, Northwestern Mutual recently announced record business performance, including new highs for revenue, surplus position and annual dividends paid to policyowners. The company serves more than five million clients and holds $2.5 trillion worth of life insurance protection in force. It manages more than $450 billion in client assets through its retail investments business, ranking among the top five independent broker-dealers in the US.

PR Newswire
Aug 3rd, 2026
Gen Z and millennials delay life milestones as 72% postpone major goals due to financial pressures

Financial pressures are forcing many young Americans to postpone or abandon major life milestones, according to Northwestern Mutual's 2026 Planning & Progress Study. Nearly three in four Gen Z adults and more than half of Millennials have delayed at least one significant milestone due to financial challenges. The impact is particularly acute for homeownership and family planning. Thirty-one per cent of Gen Z respondents have postponed buying a house, whilst 24% have delayed having children. Among those who have become parents, over 70% spend as much or more on their children monthly as they do on housing. Artificial intelligence is adding to concerns, with 46% of Gen Z and 32% of Millennials pessimistic about its impact on their careers. Despite these challenges, younger generations are responding proactively. Gen Z and Millennials started saving for retirement at ages 22 and 28 respectively, years earlier than previous generations, and seek professional financial guidance at higher rates.