This can be a fully remote position but would require working EST hours.
The Planning & Insurance Analyst is responsible for guiding the planning philosophy of the group, generating proposal materials for client meetings, and staying updated on the planning solutions marketplace.
Core Responsibilities
- Implement firm’s financial planning process including assumptions, templates, concept pages, and alternate scenarios.
- Implement firm’s insurance planning process by generating illustrations, creating recommendations, and updating existing recommendations.
- Support advisors in providing illustrations, examples, and research needed to answer questions about existing insurance policies.
- Prepare advisors for close meetings by explaining integrated planning observations, insurance analysis, etc., as needed and serving as a resource prior to meetings.
- Maintain knowledge of all Northwestern Mutual insurance products including life, disability, long-term care insurance, and annuities.
- Support senior associates in creating new insurance sales ideas and assisting with complex insurance case design.
- Assist with written briefs on all client-relevant planning ideas on the suite of services document and other ideas as needed.
- Assist with detailed Social Security analysis for new and existing A+ clients in the retirement income phase.
- Prepare senior associates for occasional client meetings and provide advisors with client-ready emails as needed.
- Assist senior associates with collaboration with the Home Office’s Advanced Planning Team and Product Development Team on a regular basis.
- Research strategies and competitive products as needed.
- Support the Director of P&I in reviewing Financial Planning Assumptions with the firm on a semi-annual basis and outlining any proposed changes in the form of a presentation.
Qualifications
Required
- Minimum of 2 years of relevant experience working in a financial planning or planning-related firm.
- Currently enrolled in CFP courses, plans to attain CFP within 3 years, or has obtained the CFP credential.
- Bachelor’s degree preferred.
- Strong self-starter who willingly takes initiative and accepts responsibility.
- Ability to analyze complex data and information and summarize findings in a concise manner.
- Strong organizational skills and utmost attention to detail.
- Ability to think critically and solve problems.
- Strong track record of effectively leading and/or working with cross-functional teams, driving meaningful change, and developing others.
Preferred
- Proficiency in Microsoft Office applications.
- Expert Excel skills are a plus.
Requires 2+ years of relevant financial planning experience, CFP coursework, planned CFP attainment within 3 years, or CFP credential. Strong analytical, organizational, communication, and problem-solving skills required.
Key Responsibilities
- implementing planning
- generating illustrations
- researching strategies
Skills & Tools
Microsoft Office, Microsoft Excel
Job Details
- Category: Finance and Accounting
- Seniority: Entry Level
- Commitment: Full Time
- Workplace: Remote — United States
- Salary: USD 72,000 – 86,400 / year
- Languages: English
About Northwestern Mutual - Park Ave
A financial services firm providing financial planning and insurance solutions. — Industry: Finance