Actuary Assistant Director

Northwestern Mutual • Milwaukee, WI

385d

About The Position

The Actuarial position at Northwestern Mutual involves providing professional actuarial advice and services essential for the development, implementation, and maintenance of the company's insurance, disability, annuity, and long-term care products. The role focuses on analyzing various factors to determine appropriate premiums, dividends, reserves, and surplus requirements, ensuring the company's long-term financial strength while maintaining equity among policy owner underwriting classes.

Requirements

• Fellow of the Society of Actuaries (FSA) designation or equivalent qualifications.
• A minimum of one additional year of actuarial service to provide substantial knowledge and experience in various actuarial subjects.
• High degree of expertise in one or more areas of department activities.

Nice To Haves

• Proficiency in actuarial analysis at an expert level.
• Intermediate skills in computer programming, decision making, enterprise agility, and negotiation.
• Basic knowledge of legislative policy.

Responsibilities

• Perform and supervise actuarial research and work related to product pricing, dividend setting, reserve levels, and mortality/morbidity issues.
• Identify and solve a variety of actuarial problems related to the company's operations.
• Stay updated on current developments in actuarial techniques and applicable laws and regulations.
• Provide guidance to other officers or department members within the actuarial field of expertise.
• Represent the department or company in industry or professional committees.

Benefits

• Competitive salary range from $110,040 to $204,360 based on geographic-specific salary structure.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: No Education Listed