At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
What's the role?
Come play a key role in increasing the size and productivity of the distribution system by partnering with leaders across the company and especially the Distribution function to design and implement advisor and distribution leadership compensation, bonuses, benefits and recognition programs that attract and retain key distribution talent as well as support the corporate strategy. The successful individual will work with leaders to evaluate and recommend innovative changes to programs and offerings while ensuring the total package supports the strategy while remaining compliant and competitive. The individual will do this by accounting for various perspectives and building financial models to assess the economic impact for various constituents. This individual will participate in the Field Rewards leadership team as well as work with a small team of consultants to develop the Field Rewards' point of view and may manage a small team. The individual will participate in evolving the infrastructure of the division to meet the needs of the organization. Specific outcomes of work include alignment and awareness cross-functionally with respect to compensation, benefit, and recognition design; recommendations for compensation, benefit, and recognition programs after assessing various perspectives; and points of view developed, documented, and shared. Specific efforts this individual could support include new structures designed to increase the distribution size, compensation for entities and teams, investment product grid development, non-product specific compensation programs, medical benefits, updating of bonus thresholds, recognition, and retirement benefits.
Bring Your Best! What this role needs:
Bachelor's degree in business, marketing, finance, accounting or actuarial science, or an equivalent combination of education and experience; MBA preferred.
Eight years progressively responsible work experiences required focusing on issue and project leadership and financial and data analysis.
Three to five years experience working with NM field force preferred.
In-depth knowledge of field operations, including NM's field compensation and contracts required
10-20% of time required to travel to district and/or general agencies.
Proven experience in translating complex technical information required.
Excellent written and oral communication skills along with the ability to build rapport and gain acceptance at all levels in the Home Office and field.
Ability to effectively influence outcomes and negotiate with key business partners.
Proven ability to establish and maintain cooperative and supportive relationships with the field force.
Strong problem solving skills required.
Experience using Excel or other tools required for research and analysis.
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.
Req ID: 25416
Position Type: Regular Full Time
Education Experience: Bachelor's Required
Employment Experience: 9+ years
FLSA Status: Exempt
Posting Date: 06/21/2019