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Northwestern Mutual · 2 days ago

Wealth Management Associate

Nashville, TN

Full-time

Onsite

New Grad, Entry Level

Northwestern Mutual is a financial services company specializing in wealth management. The Wealth Management Associate supports the financial advisor by managing client service tasks and ensuring an organized office environment, allowing the advisor to focus on building client relationships.

AdviceConsultingEmployee BenefitsFinanceFinancial ServicesInsuranceLife InsuranceWealth Management

Responsibilities

Handle case notes, process correspondence and maintain client case files

File new statements, account forms and other insurance/investment-related materials

Maintain financial representative’s calendar and schedule follow-up appointments

Answer and direct telephone calls as appropriate

Process client/prospect reservations for marketing events such as seminars and assist in the preparation of seminar materials and event mailings

Maintain supplies of current insurance/ investment-related marketing materials

Input data, print proposals and gather information at direction of the Advisor in preparation for client/prospect meeting

Contact clients to set up follow-up meetings

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

Monitor Daily Status Report (DSR) and expedite any additional requirements

Communicate with home office, NMIS and fund families to supply or obtain information

Prepare/print letters of instruction for client signature

Prepare policies for delivery, both in person and e-sign

Maintain check logs

Generate lead letters and implement marketing programs

Participate with the support of employing financial representative in various activities of the sales cycle for non-securities products

Develop and execute cross-selling plans for non-securities products

Contact clients, prospects and centers of influence for appointments

Meet with clients to complete non-securities insurance related applications

Initiate and perform sales of non-variable Additional Purchase Benefit (APB) and term conversions

Actively participate in conservation of existing non-securities business

Review insurance applications, conversions and policy changes for completeness and accuracy

Arrange paramedical for underwriting

Provide current status and account values for non-securities related accounts

Contact and advise clients regarding late payments and other non-securities sales and service related issues

Consult with clients on impact of changes to non-securities related products

Process incoming non-securities related insurance service requests from clients (address changes, bank change information, loan requests and ISA service inquiries)

Gather information for Advisor'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

Print and distribute NMIS related forms to existing clients

Review variable insurance/annuity applications, conversions and policy changes for completeness and accuracy and return to Advisor if missing information

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

Arrange medical, paramedical and any exams necessary for underwriting

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

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

Identify need for switch letters and discuss with Advisor

At Advisor'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

Provide account values and performance to clients at the direction of Advisor

Qualification

HealthLife licensedFinancial Service experienceInsurance industry experienceMicrosoft applicationsOrganizational skillsMultitaskCommunication skillsTime management skillsAttention to detailTeamworkConfidentiality