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Northwestern Mutual · 14 hours ago

Actuarial Products Specialist

Milwaukee, WI

Full-time

Hybrid

Entry Level

$48K/yr - $104K/yr

1+ years exp

Northwestern Mutual is a company focused on actuarial design and pricing of risk products. The Actuarial Products Specialist will support the Actuarial Department by ensuring accurate policy/contract values and serving as a resource for risk product features and calculations across the company.

AdviceConsultingEmployee BenefitsFinanceFinancial ServicesInsuranceLife InsuranceWealth Management

H1B Sponsor Likely

Responsibilities

Responsible for developing policy/contract value calculation specifications for various systems throughout the company

Responsible for identifying and resolving policy/contract value calculation defects in various systems throughout the company

Provide requested input during the requirements gathering/documentation process for the company’s risk products and the various systems that support these products

Provide information related to specific risk product features and calculations to a variety of business and system areas throughout the company

Support ad-hoc requests for policy/contract value calculations from various business areas throughout the company

Responsible for ongoing maintenance activities to ensure that policies/contracts continue to produce correct values over time

Qualification

Actuarial ScienceMathematicsExcel ProgrammingTechnical Problem SolvingDocumentationRoot Cause AnalysisBusiness AcumenCommunicationTeam CollaborationAttention to Detail

Required

Bachelors degree with an emphasis in Mathematics, Actuarial Science, Computer Science, MIS, Business or related field, to include upper-level mathematics coursework

Minimum of 1 year of relevant job experience

Ability to program complex actuarial formulas in Excel. (Knowledge of macros and/or VBA is helpful, but not required.)

Strong written and verbal communication skills. Must be able to explain and document complex, technical calculations in a way that can be understood by multiple business and systems personnel

Ability to work independently and as part of a team

Ability to develop and maintain strong working relationships with members of their team, with other teams in the Actuarial Department and with other teams throughout the company and at various job levels

Benefits

Flexible work schedules

Concierge service

Comprehensive benefits

Employee resource groups

Company

Northwestern Mutual

Glassdoor3.9

Northwestern Mutual delivers financial security to millions with life, disability income and long-term care insurance, and investments.

Founded in 1857

Milwaukee, Wisconsin, USA

5001-10000 employees

https://www.northwesternmutual.com

H1B Sponsorship

Northwestern Mutual has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2020 (1)