Assistant Actuary

Northwestern Mutual

107d • $92,750 - $172,250

About The Position

This is a hybrid role in Milwaukee as part of Northwestern Mutual's Actuarial Leadership Development Program. In this rotational role, individuals will use their actuarial training and background to carry out in-depth analysis of a wide variety of business issues. Typical activities may include development of complex actuarial models, pricing one of many insurance product lines, forecasting future financial circumstances, analyzing product experience, assessing regulatory issues, consulting on product or other risk management issues, or providing significant assistance on corporate projects. The result of the work will frequently influence management towards action that can have a sizeable impact on products, markets, underwriting, pricing, risk management, and profitability.

Requirements

• Undergraduate degree in Actuarial Science, Mathematics, Finance, or related field.
• Attainment of Associate of the Society of Actuaries (ASA) designation at a minimum.
• Most candidates will have made progress toward attaining the Fellowship (FSA) designation.
• A minimum of three years of actuarial experience.
• Skilled in using software tools that are used for mathematical and/or financial modeling and analysis.
• Strong communication skills.
• A strong understanding of the actuarial aspects of NM product lines.
• A good grasp of risk management issues tied to our products and finances.

Nice To Haves

• Experience in multiple actuarial disciplines (e.g. pricing, modeling, valuation), typically attained through rotational assignments.

Responsibilities

• Investigate and analyze technical issues of an actuarial nature.
• Assess risk by determining the impact and the financial benefit of varied options.
• Provide actuarial consultation to internal clients.

Benefits

• Fairness and transparency in salary structure.
• Diversity and inclusion in the workplace.
• Opportunities for career growth and development.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees