Northwestern Mutual Real Estate Investments, LLC (NMRE)
Location: Milwaukee, Wisconsin
Type: Full Time
Relocation is provided for the summer associate program in Milwaukee, Wisconsin. Full-time conversion opportunities are available for this role, aligning to one of the Northwestern Mutual corporate office locations.
2 openings available.
Employer will assist with relocation costs.
Internal Number: JR-26018
Intern candidates can expect a fulltime onsite internship program, running from June 1, 2022 to August 12, 2022.
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 Northwestern Mutual based on their skillsets and interests, providing exposure to real-world business perspectives through hands-on learning and meaningful 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!
Real Estate Summer Associate
As a Real Estate Summer Associate, you will work alongside your hiring manager, mentor, and team to complete tasks critical for Northwestern Mutual's success. We are here to help you both identify and continue to develop your future career goals and passions.
Northwestern Mutual Real Estate Investments, LLC (NMRE): NMRE is responsible for the property investments of the Northwestern Mutual Life Insurance Company. Northwestern Mutual is one of the largest investors of commercial real estate in the U.S., with a diversified portfolio across U.S. markets and major property types. Job duties can include:
Providing underwriting and due diligence support on proposed new debt and equity investments
Leading the investment underwriting process in the home office, coordinating with multiple functional units – Architecture, Environmental, Law, Closing, Insurance and Tax
Working with investment production professionals in a designated field office to prepare deal submissions, review due diligence materials and gather additional information as needed
Developing a working knowledge of property-level data, market fundamentals and deal terms on multiple transactions
Preparing and maintaining loan pricing and equity return models
Preparing final underwriting documents for, and presenting investments to, senior management for final approval
Assisting field office personnel with ongoing monitoring of investments, including the review and analysis of servicing requests
Some travel is required
Bring Your Best! What this role needs. Minimum qualifications
Completing a Master’s degree or MBA, preferably with an emphasis in Real Estate, Finance, or Accounting, graduating December 2021/May 2022
Two years of experience in commercial real estate investment, development, asset management or mortgage lending
Cumulative grade point average of 3.0 or higher
Previous work or classroom experience in one or more of the following: fundamentals of real estate valuation, finance, accounting, property-level due diligence, real estate law and construction
Understanding of current market conditions as they relate to U.S. commercial real estate sectors and geographical locations
Proficiency with Microsoft Excel; experience with Argus or other DCF modeling software a plus
Preferred skills and proficiencies
Previous Corporate Real Estate internship and/or relevant project experience
Effective oral and written communication skills
Demonstrated analytical and problem-solving ability
High degree of self-motivation, passion, and a drive to learn
Ability to balance multiple priorities
We encourage you to apply at NBMBAA! Stop by our booth at NBMBAA to connect with the team and learn more about Northwestern Mutual.
About Northwestern Mutual Real Estate Investments, LLC (NMRE)
Northwestern Mutual has been helping families and businesses achieve financial security for nearly 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation and distribution. With more than $217 billion in assets, $26 billion in revenues and more than $1.5 trillion worth of life insurance protection in force. Northwestern Mutual delivers financial security to more than 4.2 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 enhancing the engagement of those who bring their unique 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.