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Northwestern Mutual · 3 months ago

Investment Associate

Dallas, TX

Full-time

Onsite

New Grad, Entry Level

$60K/yr - $70K/yr

Northwestern Mutual is a financial services company specializing in investment solutions. The Investment Associate role involves supporting financial representatives with client service, account management, and investment planning, while ensuring confidentiality and compliance with regulations.

AdviceConsultingEmployee BenefitsFinanceFinancial ServicesInsuranceLife InsuranceWealth Management

H1B Sponsor Likely

Responsibilities

Support designated financial representatives in opening new client accounts and servicing existing client requests

Handle case notes, process correspondence and maintain all client case files assigned

Ensure that all new files, statements, account forms and other insurance/investment-related materials are filed and documented in the appropriate secure location

Protect the confidentiality and privacy of all client information

Answer incoming client phone calls as they pertain to investment service as assigned by financial representatives

Contact clients to confirm receipt of forms or request return of completed forms and maintain current client information

Monitor Daily Status Report (DSR) and expedite any outstanding underwriting requirements

Communicate with the home office to supply or obtain information on behalf of clients and financial representatives

Monitor and maintain deadlines in accordance with account opening requirements and any other associated staff responsibilities

Complete account opening and service requests in a timely manner as directed by supervisor and assigned financial representatives

Gather information for registered representative’s meeting with clients/prospects (prospectuses, annual reports, Morningstar reports) and enter data into planning software (non-asset allocation components only)

Prepare account summaries for variable and securities owners

Review variable insurance/annuity applications, conversions and policy changes for completeness and accuracy and return to registered representative (RR) if missing information

Review NMIS forms for completeness and return to RR if missing information

Monitor Items for Attention (IFA) and bring any action items to the RR’s attention

Complete order tickets and new account forms based on information obtained by RR

Identify need for switch letters and discuss with RR

At RR’s direction, initiate fund/NMIS transfers, exchanges and redemption requests

Receive and forward checks and related paperwork to the network and home office investment operation areas

Work with network office, NMIS and fund families to resolve client account issues

As necessary, consult with new financial representatives on client requests such as account structure, investment transactions, etc

Qualification

Series 7 licenseSeries 63 licenseLife & Health LicenseCustomer service experienceMicrosoft applicationsMultitaskOral communicationWritten communicationOrganizational skillsTime managementAttention to detailTeamworkConfidentiality

Required

FINRA registration required – must have Series 7 and Series 63 license

Experience in administrative support or customer service, preferably in the financial services and/or insurance industry

Excellent oral and written communication skills

Familiarity with Microsoft applications, data entry and information retrieval software

Demonstrated organizational and time management skills and ability to multitask, set priorities and meet deadlines

Strong attention to detail with the ability to work with a high degree of accuracy quickly

Ability to proactively identify what needs to be accomplished and take action as appropriate

Has interest in learning on a continuous basis

Associate Agent Contract required

Ability to embrace change and work in a fast-paced environment

Ability to work both independently and in a team

Ability to maintain confidentiality

Preferred

Life & Health License STRONGLY preferred – mandatory licensure within 30 business days of hire

Benefits

401(k)

401(k) matching

Dental insurance

Employee assistance program

Employee discount

Flexible schedule

Flexible spending account

Health insurance

Health savings account

Life insurance

Paid time off

Parental leave

Professional development assistance

Referral program

Retirement plan

Tuition reimbursement

Vision insurance

Company

Northwestern Mutual

Glassdoor3.9

Northwestern Mutual delivers financial security to millions with life, disability income and long-term care insurance, and investments.

Founded in 1857

Milwaukee, Wisconsin, USA

5001-10000 employees

https://www.northwesternmutual.com

H1B Sponsorship

Northwestern Mutual has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2020 (1)