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Assistant Director Actuary Retirement

Northwestern Mutual Life Insurance Company

MILWAUKEE, WI · HybridJob$131–196K/yrSeen todaySeen in employer's feed today

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At a glance

Compensation
$131–196K/yr
Location
MILWAUKEE, WIHybrid
Work Authorization
Not specified

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Job overview

The Assistant Director Actuary provides and supervises actuarial research and services supporting the company’s insurance, disability, annuity, and long-term care products. The role advises on pricing, dividends, reserves, mortality and morbidity, and field compensation; solves actuarial problems; monitors developments in actuarial techniques and applicable laws and regulations; and guides colleagues in areas of expertise. It may also represent the department or company on committees.

Skills & qualifications

RequiredNice to have

Skills

Actuarial ResearchProduct PricingDividend SettingReserve AnalysisMortality and Morbidity AnalysisField CompensationActuarial TechniquesRegulatory KnowledgeActuarial Guidance

Qualifications

FSA or Equivalent QualificationsAdditional Year of Actuarial ServiceHigh Degree of Expertise

Full job description

JOB REQUIREMENTS: About the Job: 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. What You'll Do: 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. What You'll Bring to the Role: A Fellow of the Society of Actuaries (FSA) designation or equivalent qualifications with an additional year of actuarial service in order to provide substantial knowledge and experience in a variety of actuarial subjects. A high degree of expertise in one or more areas of Department activities. #LI-Hybrid Compensation Range: Pay Range - Start:$130,800.00 Pay Range - End:$196,200.00 Geographic Specific Pay Structure: Structure 110:$143,920.00 USD - $215,880.00 USD Structure 115:$150,400.00 USD - $225,600.00 USD We believe in fairness and transparency. It's why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you're living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more. Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now! Northwestern Mutual is an equal... For full info follow application link. EEO/AA Employer/Vets/Disability ***** APPLICATION INSTRUCTIONS: Apply Online: ipc.us/t/C77A441B1316470E Qualified females, minorities, and special disabled veterans and other veterans are encouraged to apply.

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