Assistant Director - Actuary

Northwestern Mutual
United States, Wisconsin, Milwaukee
720 E Wisconsin Ave (Show on map)
Dec 11, 2024
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference. Primary Duties and Responsibilities Perform pricing analyses for fixed deferred, income, and variable annuities. This includes running pricing models, collaborating on updates to the pricing models, and presenting results. Support product development efforts, particularly providing pricing implications of new and updated product design. Assist in contract drafting, prospectus review, and competitive analyses. Support rate setting, analysis of annuity financial performance, and annuity risk management. Qualifications Undergraduate degree in Actuarial Science, Mathematics, Finance, or related field. Attainment of Fellow of the Society of Actuaries (FSA) designation. A minimum of four years of proven actuarial experience. Annuity pricing experience required. Strong communication skills. Knowledge of annuity valuation, financial modeling, and experience analysis. Skills-Proficiency Level: Actuarial Modeling - Expert 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 #LI-Hybrid 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. Please c lick here for additional information relating to location-based pay structures. Grow your career with a best-in-class company that puts our client's interests at the center of all we do. Get started now! 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. If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits. FIND YOUR FUTURE We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion. Flexible work schedules Concierge service Comprehensive benefits Employee resource groups