INTERNSHIP DETAILS

Investment Operations Internship

CompanyNorthwestern Mutual
LocationMilwaukee
Work ModeOn Site
PostedOctober 29, 2026
Internship Information
Core Responsibilities
The intern will support investment operations by reconciling cash and investment positions while ensuring accurate and timely data maintenance. They will also investigate transaction exceptions and respond to inquiries regarding investment holdings and activity.
Internship Type
full time
Salary Range
$17 - $30
Company Size
37920
Visa Sponsorship
No
Language
English
Working Hours
40 hours
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About The Company
At Northwestern Mutual, our financial advisors are ready to meet you where you are and stay with you long-term. Get financial clarity with a people-first plan designed to uncover new opportunities and potential blind spots. The right time to plan is right now. With $265.0 billion in assets under management, $28.1 billion in revenues, and over $1.8 trillion in life insurance protection in force, we've served more than 4.5 million people through our life, disability income, and long-term care insurance, annuities, brokerage, advisory services, trust services, and discretionary portfolio management solutions. Our wealth management company and investment services manage over $125 billion in client assets. We're proud to support our growing field force of financial advisors across the country, as well as our corporate office employees in Milwaukee and New York. As we continue to grow, we believe diversity makes us stronger in shaping the future of financial security. Explore career opportunities with us: https://jobs.northwesternmutual.com/. Financial representatives and interns are independent contractors, not Northwestern Mutual employees. https://www.northwesternmutual.com/social-media-guidelines
About the Role

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. 
  • 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 

#LI-Hybrid

Compensation Range:

Pay Range - Start:

$16.50

Pay Range - End:

$30.00

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.


Key Skills
Investment operationsData reconciliationFinancial analysisTrade settlementMicrosoft WordMicrosoft ExcelMicrosoft OutlookAnalytical abilityInterpersonal skillsTime managementOrganizationAttention to detail
Categories
Finance & AccountingManagement & Leadership
Benefits
Professional development workshopsSenior leadership Q&A sessionsVolunteer initiativesNetworking and social events