Sr. Associate, Commercial Real Estate

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Through that history, we have provided peace of mind to families as they plan their futures.

Our mission extends beyond the insurance and annuity policies that we offer. We strive to make the world a better place through grants from our charitable foundation, paid volunteer time for employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.

We foster a collaborative environment with opportunities for growth and encourage associates to live our values:
Do good. Be good. Make good.

NLG Capital, the investment management company of NLG, manages approximately $40+ billion in AUM. Our purpose is simple – to allow NLG to keep its promises. How we do this – an obsessive focus on delivering investment results. We drive results through a rigorous but collaborative investment process, and we hold ourselves to the highest of standards, both as investors and teammates.

While our process is based on rigor, our culture is based on our guiding principles:
Meritocracy, Uncompromising Transparency, Intellectual Honesty, Performance Driven Learning, Relentless Pursuit of Excellence. These principles serve as the foundation of our team. They govern the way we conduct ourselves, how we interact with teammates and how we approach every investment decision. We act with the integrity and humility required to make the investment decision that is right for the firm, and ultimately our policyholders.

Our culture has been deliberately built to foster curiosity and provide opportunities to learn and grow, both as people and investors. The flat and collaborative nature of our team promotes an atmosphere where the best ideas are continually expressed and rewarded. Our pursuit of excellence is unwavering.

Please note that we do not offer visa sponsorship for this position.

As a member of the Commercial Real Estate team, you will support the management of a diversified commercial mortgage portfolio, contributing to asset performance, credit analysis, credit risk management, and portfolio monitoring. This role focuses requires a hands‑on professional who can operate across asset management, analytics, borrower relationships, and operations—supporting both investment outcomes and platform efficiency.

You will partner with senior team members to provide insights on portfolio performance, contribute to investment analysis, portfolio construction, and risk management, while participating in cross‑functional initiatives that enhance scalability, reporting, and operational effectiveness across the platform.

This position currently offers an onsite work schedule, with the expectation that you are in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.

• Support the management of a large-scale CRE loan portfolio (multi‑billion‑dollar exposure across asset classes).
• Monitor loan performance including funding approvals, leasing activity, covenant compliance, and borrower requests.
• Serve as a primary point of contact for loan servicers, mortgage bankers and borrowers, proactively managing relationships and identifying opportunities to enhance asset performance.
• Monitor watchlist and REO assets and contribute to asset‑level strategies that maximize recovery and value.

• Perform financial analysis, re‑underwriting, and stress testing to identify potential risks.
• Contribute to quarterly reporting and valuation processes, including DCF modeling and market analysis.
• Assist in evaluating loan modifications, extensions, and restructurings and workouts including distressed scenarios such as foreclosures or note sales.
• Partner with legal, accounting, and servicing teams to support credit and risk‑related activities.
• Design and maintain…