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Northwestern Mutual · 1 month ago

Assistant Director & Actuary

Milwaukee, WI Corporate

Full-time

Hybrid

Mid, Senior Level

$112K/yr - $240K/yr

5+ years exp

Northwestern Mutual is a leading financial services company, and they are seeking an Assistant Director & Actuary to provide professional actuarial advice critical to the development and maintenance of their insurance products. The role involves pricing, valuation, and modeling while ensuring compliance with regulations and maintaining the company's long-term financial strength.

AdviceConsultingEmployee BenefitsFinanceFinancial ServicesInsuranceLife InsuranceWealth Management

H1B Sponsor Likely

Responsibilities

Uphold Northwestern Mutual’s industry-leading life insurance product line. This role includes new product design and pricing, implementation of evolving regulations, and management of inforce policies, all while ensuring equity across all life insurance policyowners

Implement and maintain products that offer a long-term care insurance benefit. This role works with innovations in the long-term care product suite, including death benefit acceleration riders and our new life/long-term care hybrid insurance product, Long-Term Advantage

Perform Principle Based Reserve (PBR) calculations, analysis, and reporting. Investigate assumptions used; work with model development team to implement regulatory changes in modeled reserves; present results to senior management. As new products fall under a principle based framework, work with team to develop new process and calculations

Design enhancements or new features for Northwestern Mutual’s in-house models used for pricing, cashflow testing, reserving, and corporate projections while working closely with model users. This role offers candidates a variety of experiences with our product suite and company financials and a high degree of flexibility to direct which projects best suit their interests

Qualification

Fellow of the Society of ActuariesActuarial experienceActuarial activitiesCommunication skillsProduct pricingValuationModeling

Required

Attainment of Fellow of the Society of Actuaries (FSA) designation

A minimum of five years proven actuarial experience

Strong communication skills

A high degree of expertise in one or more areas of Department activities

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)

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2020 (1)