Northwestern Mutual 

Field Compensation Design Consultant

Location: Milwaukee, Wisconsin, US, 53202

At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company nearly 160 years ago. Today, they're just a few of the reasons why people choose to build careers at Northwestern Mutual.

We're strong and growing. In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We're strong, innovative and growing.

We invest in our people. We provide opportunities for employees to grow themselves, their career and in turn, our business.

We care.  We make a positive difference in our communities. Nationally, thousands have benefitted from our Field Compensation Design Consultant support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they're passionate about.

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.

What's the role?

Responsible for analyzing, documenting, developing and communicating compensation and recognition structures for financial representative and field management roles in line with the company’s compensation philosophy; including product compensation, multiple supplemental compensation programs, and top company honors.  Lead and participate in compensation and recognition projects involving the evaluation, resolution and implementation of program needs/issues considering the implications of all stakeholders (financial representatives, field management and policyowner/home office).  Prepare and present project proposals to internal management committees and field compensation committees.  Evaluate field compensation programs of competitors, compare such programs to the compensation value proposition offered by Northwestern Mutual and consult with field individuals in competitive compensation situations.  Prepare and present educational field materials to the field and company personnel.  Provide guidance and support to field consultation roles and respond to inquiries from the field and company personnel regarding field compensation structure.  Participate in compensation and recognition related projects.

Bring Your Best! What this role needs

• Bachelors Degree in Accounting, Finance, Actuarial Studies, Mathematical Studies, Human Resources or related field, plus a minimum of 5 years of relevant experience performing financial consulting and analysis OR
• Bachelors Degree in Accounting, Finance, Actuarial Studies, Mathematical Studies, Human Resources or related field AND 1 to 3 or more years of an equivalent of relevant NM experience with NM’s field force, to include a minimum of 3 years of relevant experience performing financial analysis using spreadsheet tools and projection modeling.
• Broad knowledge of the company’s products, distribution system, field compensation and sales reporting.
• Knowledge of NM’s commission system.
• Strong analytical and problem-solving skills.
• Demonstrated independent leadership and project management skills.
• High degree of personal initiative and ability to work independently managing workload with varied deadlines.
• Demonstrated ability to establish and maintain relationships and participate in a cooperative team environment.
• Strong organizational skills and the ability to manage multiple assignments simultaneously in a fast-paced environment.
• Strong written and oral communication skills with the ability to build rapport with company and field individuals.
• Experience with MS office tools (Word, PowerPoint) and advanced Excel skills required including projection modeling.

Field Compensation Design ConsultantApply now »