Actuary - Assistant Director

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

Summary

Provide professional actuarial advice / services critical to development, implementation and maintenance of the Company's insurance, disability, annuity, and long-term care products. The Actuarial Department develops appropriate premiums, dividends, reserves, and surplus requirements by analyzing mortality, morbidity, persistency, investment and expense experience, striving to maintain equity and consistency among all policy owner underwriting classes, while safeguarding the Company's long term financial strength. Perform / supervise actuarial work required to advise on matters related to product pricing, dividend setting, reserve levels, mortality / morbidity issues, and field compensation. Additionally, strive to keep current on actuarial techniques, and on laws and regulations pertinent to your area of expertise; provide guidance to others within your assigned field of expertise.

Primary Duties and Responsibilities

• Perform and / or supervise actuarial research and other actuarial work required to properly advise Company officials of matters related but not limited to product pricing, dividend setting, reserve levels, mortality / morbidity issues, and field compensation.
• Identify and solve a wide variety of actuarial problems related to the Company's operation.
• Keep up to date on current developments in actuarial techniques and research and on the laws and regulations applicable to his / her area of responsibility.
• Provide guidance to other officers or members of the department within the incumbent's field of expertise.
• May also represent the department or Company as a member of Company, industry or professional committees.

Qualifications

Skills-Proficiency Level :

Actuarial Analysis - Expert

Have you got what it takes to succeed The following information should be read carefully by all candidates.

Computer Programming - Intermediate

Decision Making - Intermediate

Enterprise Agility - Intermediate

Financial Risk Analysis - Expert

Industry Knowledge - Intermediate

Legislative Policy - Basic

Mathematical Analysis - Expert

Negotiation - Intermediate

Product Knowledge - Expert

Risk Management - Expert

Technical Communication - Expert

Compensation Range :

Pay Range - Start : $110,040.00

Pay Range - End : $204,360.00

Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location.

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We are an equal opportunity / affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

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Salary : $110,040 - $204,360