Northwestern Mutual

Asst Dir Practice Management

Northwestern Mutual$118K — $178K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, finance, marketing or related field, or equivalent experience.
  • Minimum ten years of experience in financial services or business consulting.
  • Ability to manage multiple projects and solve complex business problems.
  • Deep understanding of advisor business models and distribution systems.
  • Proven ability to establish strong relationships with field and home office audiences.
  • Strong strategic thinking and communication skills.

Responsibilities

  • Lead the development and execution of practice management priorities.
  • Translate business needs into scalable solutions and drive initiatives forward.
  • Consult with field leaders and advisors to identify performance improvement opportunities.
  • Support and mature practice management priorities and ongoing programs.
  • Serve as a subject matter expert on practice management trends and solutions.
  • Partner across the enterprise to align strategy and build support for initiatives.

Benefits

  • Comprehensive health insurance options.
  • Retirement savings plans with company contributions.
  • Flexible scheduling and potential remote work options.
  • Professional development and training opportunities.
  • Paid time off and holidays.
Full Job Description

The Practice Management Business Lead is responsible for developing and managing programs, services, and support that help advisors and firms successfully build, grow, and transition their businesses within Northwestern Mutual. This role focuses on defining needs, shaping solutions, and driving collaboration across the field and home office to deliver meaningful practice management support to growing practices and teams across the system. In doing so, it requires creative thinking, a continuous improvement mindset and strong relationship-building skills to successfully execute practice management priorities and evolve organizational capabilities.

Primary Duties & Responsibilities:​

  • Lead the development and execution of practice management priorities that support advisors and their teams.

  • ​Translate business needs into practical, scalable solutions and drive work forward through collaboration, sound judgment and strong execution.

  • Consult with field leaders, career advisors, ensemble practices, and their teams to identify opportunities that improve business performance and advisor/firm outcomes.

  • Help mature and support practice management priorities and ongoing programs.

  • Serve as a subject matter expert and thought partner on practice management trends, business needs, and field-facing solutions.

  • Partner across the enterprise to align strategy, influence direction, and build support for practice management initiatives.

Qualifications:

  • Bachelor's degree in business, finance, marketing or related field or an equivalent professional experience.

  • Minimum ten years of progressive experience in financial services, business consulting, practice management working in a management or consulting capacity

  • Demonstrated ability to successfully manage multiple projects and to solve complex business problems in a dynamic environment.

  • Deep understanding of advisor business models, the distribution system and the factors that drive growth, operational efficiencies, profitability and continuity.

  • Proven ability to lead through influence, build credibility quickly and establish strong relationships across field and home office audiences

  • Strong strategic thinking, communication and problem-solving skills, with the ability to turn complex business needs into clear direction and actionable solutions.

Compensation Range:

Pay Range - Start:

$118,960.00

Pay Range - End:

$178,440.00

Geographic Specific Pay Structure:

Structure 110:

$130,880.00 USD - $196,320.00 USD

Structure 115:


$136,800.00 USD - $205,200.00 USD

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click to learn more.


About Northwestern Mutual

Northwestern Mutual has been helping people and businesses achieve financial security for more than 160 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. Northwestern Mutual delivers financial security to millions with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages billion of dollars of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (securities), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (fiduciary and fee-based financial planning services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance).

Northwestern Mutual Careers

Joining Northwestern Mutual presents a unique opportunity to be part of a team that is dedicated to empowering personal and professional growth, innovation, and leadership in the financial services industry. As a company renowned for its commitment to excellence and a culture that values diversity and inclusion, Northwestern Mutual offers unparalleled job opportunities for both seasoned professionals and those at the start of their careers.

Work You’ll Do

At Northwestern Mutual, we believe in building strong relationships not only with our clients but also among our team members. By joining our team, you will collaborate with some of the most talented professionals in the industry, all united in their commitment to leadership and innovation. Our employees are equipped with top-tier benefits and diversity training that ensure their career journey is both rewarding and inclusive.

Explore Professional Growth and Development

Northwestern Mutual is committed to fostering an environment where career growth is not just a possibility but a priority. With a variety of positions available, from financial representatives to internships for budding professionals, our company is a place where your skills and passion can thrive. We provide extensive training programs and leadership development opportunities that prepare you for success in your current role and beyond.

Innovative Work Environment

Our team at Northwestern Mutual is at the forefront of integrating cutting-edge technology and innovative financial strategies to provide exceptional service to our clients. This focus on innovation is not just about staying current; it's about leading the way in the financial sector. Employees at all levels are encouraged to contribute ideas and take initiative, driving the company forward as a leader in the financial industry.

Be Part of Our Diverse and Inclusive Team

Diversity and inclusion are more than just buzzwords at Northwestern Mutual; they are integral to our company culture and business strategy. We are committed to creating a workplace where all employees can flourish. Our diversity training programs are designed to enhance understanding and foster an inclusive environment for all team members.

Networking and Career Advancement

Networking within Northwestern Mutual opens doors to expansive career advancement opportunities. We encourage our employees to engage in internal networking events, which often lead to mentorship and further career development. Whether you are looking to enhance your resume, prepare for an interview, or step into a leadership role, Northwestern Mutual provides the resources and support to help you achieve your professional goals.

Join Our Team

Search open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level. Explore the job opportunities and internships available at Northwestern Mutual and find out how you can contribute to our legacy of innovation and leadership.

Stay Connected

Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Northwestern Mutual.

SEARCH NORTHWESTERN MUTUAL JOBS

Join us and start your journey at Northwestern Mutual today, where your career is nurtured, your skills are honed, and your achievements are celebrated.
Learn more about Northwestern Mutual
Size
7,000 employees
Industry

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