Investment Operations Internship

Internship candidates can expect a full-time, onsite internship program from June through August 2027, transitioning to part-time during the Fall 2027 and Spring 2028 semesters. This internship is based in Milwaukee, WI, and candidates must reside in the Milwaukee area for the duration of the program.

Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. After application and initial screening conversation, interns are aligned interview and be hired to a specific team at NM based on their abilities and interests, providing exposure to real-world business perspectives through hands-on learning and significant work. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more! 

Summary: 

As an Investment Operations Intern, you will work with the Northwestern Mutual Managed Investment business partners, brokers and traders supporting the timely and accurate execution of transactions related to investments managed by the front office (Mason Street Advisors, Northwestern Investment Management Company, Northwestern Mutual Real Estate, Investment Strategy and Northwestern Mutual Capital) including settlement of trades, ongoing maintenance, and transactions such as principal, interest, cash flows, fees, and corporate actions. Investments managed include domestic fixed income, common stock, derivatives, foreign, and alternative investments. 

Primary Duties and Responsibilities: 

• Ensure investment data is accurate, complete, and timely. Review and reconcile cash, investment positions and critical attributive investment data. 

• Respond to internal and external inquiries regarding investment holdings and activity. 

• Maintain investment data on various systems and conduct reconciliations. 

• Respond to and investigate cash receivable and payable exceptions. 

• Maintain records and perform reconciliation of physical securities. 

Requirements: 

• Enrolled in a college degree program with a business major and an emphasis in finance, accounting, management, or real estate. 
• Anticipated graduation date of May 2028 or later

• GPA of 3.0 or better 

• Proficiency in Word, Excel, and Outlook. 

• Must be self-motivated and organized; also, must know how to work independently, multi-task, establish priorities, and meet deadlines. 

• Strong interpersonal skills and analytical ability 

Who we are

Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation, and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 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 improving the engagement of those who bring their outstanding 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. We invite you to explore your career interests with us.

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Pay Range - End:

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. Internship salaries are determined based on academic tenure and major. The standard pay structure is listed.

Build a strong career foundation with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!

Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.