Operations Associate - Northwestern Mutual

Denver • Lakewood, CO

2d • $60,000 - $75,000 • Onsite

About The Position

The Associate provides full support to one or more Lead Advisors & will primarily manage the execution of all of Lead Advisors’ recommendations, preparation & closure of client meetings. Those responsibilities include data collection for financial planning, investment analysis & operations, trade execution, investment account opening & maintenance, risk management implementation & service, note-taking, & drafting client communication. This position will allow the associate to get broad exposure to an integrated financial planning practice.

Requirements

• Must have strong organizational & prioritization skills
• Excellent follow-up & follow-through capabilities
• Professional attitude, flexibility, demeanor, & appearance
• Must be an above-average communicator with exceptional interpersonal skills
• Must have an understanding of investments & general financial knowledge
• BA/BS Degree required
• Must be able to demonstrate ability to build & maintain client relationships and trust

Nice To Haves

• Previous work experience in the financial industry is preferred
• Financial Planning/Finance/Economics/Business Major highly preferred
• Life & Health, Series 7, Series 63 Preferred

Responsibilities

• Service & maintain client accounts. Examples of this include bank change, beneficiary change, contribution/distribution amount change, & more
• Take client requests for deposits and distributions, & more, from accounts & execute them
• Responsible for input of brokerage & advisory trading of client accounts
• Prepare & deliver account opening documents as well as any account maintenance documents
• Take clients through the insurance underwriting process & complete ongoing service for risk management
• Service & maintain client policies. Examples of this include bank change, beneficiary change, loan & loan repayment, payment details change, & more
• Managing the financial planning process including, data gathering, setting up the plan in the financial planning software, running various scenarios, & preparing the plan for presentation to the client
• Attending client meetings as second chair, taking notes, & creating follow up emails
• Regularly prepare supporting materials & sample reports for clients
• Answer inbound phone & email inquiries
• Respond and execute on requests for service & troubleshoot service issues
• Proactively communicate with Advisors regarding work in progress

Benefits

• $10,200 annual stipend for health, dental, and vision insurance
• Profit Share eligibility with a 6-12 month waiting period, depending on when hired. Calculation is based on profit, base salary, and tenure. There is a cash component and a Long-Term Incentive component to the compensation plan. This typically ranges from 15-40% of your base salary in cash awards.
• 60% LTDI, up to $7,000/m
• $250 annual physical wellness stipend
• 3.5% 401k match
• Unlimited PTO after 2 years of service

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level