Real Estate Analyst

Northwestern Mutual; Milwaukee (WI); On-site; USD 65,000 - 90,000; Full time

Job summary

Northwestern Mutual Real Estate in Milwaukee seeks an Analyst to provide financial modeling and analytical support across underwriting, portfolio management, loan and equity production, asset management, and real estate services.

The role requires a bachelor’s degree in real estate, finance, or accounting, graduating in 2026–2027, a GPA of 3.3+, and strong Excel skills with Argus or similar modeling tools preferred.

Qualifications

• Bachelor’s degree in Real Estate, Finance, Accounting or related field.
• Graduating in December 2026 or May 2027.
• GPA 3.3 or higher.
• Experience in real estate valuation, finance, accounting or due diligence.
• Real estate internship or project experience.
• Interest in graduate studies (MBA/JD) and analytic-focused education.
• Excel proficiency; Argus or similar modeling software a plus.

Responsibilities

• Provide financial modeling and analytical support across underwriting, portfolio management, loan and equity production, asset management, and real estate services.
• Prepare internal presentations and memoranda for investment selection and approval.
• Complete special projects for the real estate portfolio including loans, equities, and funds.
• Some travel will be required.

Skills

Analytical skills

Financial modeling

Real estate valuation

Communication skills

Multi-tasking

Education

Bachelor's degree in Real Estate, Finance, or Accounting

Graduating in December 2026 or May 2027

Tools

Excel

Argus

Job description

Northwestern Mutual Real Estate (NMRE) is responsible for leading the property investments of the Northwestern Mutual Life Insurance Company. We are one of the largest investors of commercial real estate in the U.S., with a diversified portfolio across many U.S. markets and major property types.

The Analyst position is initially located in Milwaukee, Wisconsin with potential future opportunities located in Washington DC, Atlanta, Dallas, Newport Beach, and San Francisco.

Job Duties

• Providing financial modeling and analytical support to multiple functional units including underwriting, portfolio management, loan and equity production, asset management, and real estate services.
• Preparing internal presentations and memoranda required for investment selection and approval.
• Completing special projects for all functional areas within the real estate portfolio, including mortgage loans, property equities, and real estate fund investments.
• Some travel will be required.

Bring Your Best!

Minimum qualifications

• Completing a Bachelor's degree in Real Estate, Finance, Accounting or related field from an accredited college or university.
• Graduating in December 2026 or May 2027.
• Cumulative grade point average of 3.3 of 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.
• Previous Real Estate internship and/or relevant project experience.
• Strong interest in continuing education in the form of a Masters, MBA, JD, or other graduate degrees with an emphasis in business, analytics, real estate, and/or related topics.
• Proficiency with Microsoft Excel; experience with Argus or other DCF modeling software a plus.

Preferred skills and proficiencies

• 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.

Employer immigration sponsorship is not available for this role.

Compensation

Compensation Range: 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.

Grow your career with a best-in-class company that puts our clients' interests at the center of all we do.

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.

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.

What started in Milwaukee, WI has grown into 7,000+ home office professionals split across 3 campuses: New York City, Franklin and downtown Milwaukee (HQ) - each one bringing with it its own unique talent and culture. 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 as we are growing our digital and tech capabilities and are always on the lookout for bright, tech-savvy candidates.

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.