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?
The Field Financing team is responsible for the back-office administration of Managing Partner and Managing Director loans, various allowance programs, and other special financing programs and reporting in support of NM's field force. This team partners with internal stakeholders across the Career Distribution function and the NM enterprise, as well as field CFOs, bookkeepers, field leaders, and Financial Representatives.
Administers the team's frontline production responsibilities with a keen focus on timeliness and accuracy. Responsible for adding value to the team by exchanging useful information, providing feedback, contributing to a positive work environment, sharing their knowledge/expertise in team meetings and cross training of team members and maintaining positive relationships with team members.
Primary Duties & Responsibilities:
Responsible for entering new loan requests, loan changes, processing manual loan repayments, disbursing loans or refunds to the field, completing accounting paperwork, and providing written communication to the field regarding loan activity.
Receives and reviews CAA/CAP loan contracts for proper budget amounts, loan limits, and required approvals.
Processes new CAA/CAP requests, changes, and cash repayments. Completes accounting paperwork and performs necessary balancing.
Receives and reviews payment documentation submitted for all supported allowance programs, assuring that proper payment authorizations are secured, and that department standards and guidelines are followed.
Oversees team's special purpose email box. Creates cases and resolves inquiries in an accurate and timely manner in accordance with the team's established SLAs.
Administers Managing Director and District Director changeovers: Responsible for accurate and timely loan and allowance administration. Coordinates, prepares, and oversees all necessary communications with field CFOs, bookkeepers, and internal stakeholders.
Participates in project work and other initiatives that revolve around the department operating goals.
Bring your best! What the role requires:
Associate degree with an emphasis in Accounting, Finance, or Business required.
Minimum 3 years of experience working with accounting/bookkeeping principles.
Ability to complete work with a high degree of accuracy while meeting deadlines.
Demonstrated skills in analytical problem solving, independent decision-making, and sound judgment in the application and communication of guidelines.
Work experience demonstrating superior written and oral communication skills to resolve sensitive and complex questions regarding agency income and individual's compensation.
Ability to manage multiple assignments in a timely and quality manner.
Demonstrated computer experience with solid keyboarding skills and proficiency with Microsoft Office packages, including Excel.
Customer service experience preferred.
Knowledge of field financing programs and NM's field distribution system preferred.
Competitive base pay!
Performance based incentive pay
Medical, dental and vision insurance
Caregiver time off
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.
We will offer reasonable accommodations
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/affirmativeaction 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.
FIND YOUR FUTURE
We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.
Northwestern Mutual has been helping families and businesses achieve financial security for nearly 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With more than $217 billion in assets, $26 billion in revenues and more than $1.5 trillion worth of life insurance protection in force. Northwestern Mutual delivers financial security to more than 4.2 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and enhancing the engagement of those who bring their unique perspectives, ideas, and beliefs. At Northwestern Mutual, people matter. And you’ll be working for a company that’s consistently voted among the “most admired” in the nation.