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Investment Product Manager - Mason Street Advisors

Company:
Northwestern Mutual
Location:
Milwaukee, WI, 53205
Posted:
September 24, 2025
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Description:

At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company over 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 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.

What you will do?

The primary responsibility of this position is to support Mason Street Advisors, the retail investment adviser of Northwestern Mutual, in the governance and administration of the adviser and management of subadvised funds. This new position will work extensively with various business partners within the home office.

Lead the execution of Mason Street Advisors’ service provider oversight program

Support the execution and operation of Mason Street Advisors’ governance and recordkeeping

Support the ongoing management of and updates to the adviser and mutual fund risk management plans

Coordinate reporting to support the administration of Mason Street Advisors’ business and improve processes

Act as the primary liaison with the organization’s risk and controls group regarding such matters as risk management and service provider oversight

Support the implementation of new regulatory initiatives

Assist with management of subadvisory oversight and reporting

Maintain a current understanding of the investment management, mutual fund and subadvisory business

Bring Your Best! What this role needs:

Bachelor's degree in business, finance, economics or related field or equivalent experience, with an advanced degree (such as MBA) preferred

Generally, five or more years of experience in investment management and/or financial services

Experience supporting investment advisers and mutual funds, with subadvisory experience preferred

Experience with using technology to enhance business practices, especially reporting

Knowledge of legal and compliance matters and the regulatory environment

Ability to solve complex problems

Ability to work independently

Ability to gain consensus and support cross-departmental initiatives

Ability to apply thought leadership in maintaining and enhancing the business

Strong organizational and follow-through skills, with ability to lead others around deadlines and prioritization of work

Strong verbal and written communication skills

Strong knowledge of Microsoft Excel, PowerPoint and Word

Benefits:

Great pay package, 401K, Company sponsored retirement plan, educational assistance, Performance based incentive pay, Medical, dental and vision insurance, Parental leave, Caregiver time off….and more

#IN-POST

Compensation Range:

Pay Range - Start:$84,350.00

Pay Range - End:$156,650.00

Geographic Specific Pay Structure:

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 here to learn more.

Grow your career 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 who welcomes and encourages diversity in the workforce. 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.

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 our commitment to a culture of belonging.

Flexible work schedules

Concierge service

Comprehensive benefits

Employee resource groupsPandoLogic. Category:Marketing & Biz Dev, Keywords:Product Manager, Location:Milwaukee, WI-53205

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