Actuary - Life Product Development

• For the life product line assist in developing and executing product development strategies that leverage our fundamental company advantages understand the markets in which the product line is most relevant and ensure execution in coordination with a broad variety of departments across the company.
• Design competitive and financially sound products based on client and field insight including new and innovative approaches.
• Provide representation and advocacy for life product in cross-departmental project teams focusing on compliance supervision regulatory issues marketing and sales strategies cross-selling and financial security planning.
• Assist in the development and execution of product line sales goals communication strategies and product promotion plans.
• Provide ongoing analysis of and planning for future trends including occupational demographic and economic which may impact the financial results of the product line.
• Provide expert technical assistance/consultation to the field and home office regarding products complex product analysis competitive intelligence sales illustrations and sales ideas.

• Bachelor's degree or equivalent in business administration actuarial science finance economics marketing or related field.
• Actuary background required. Attainment of Fellow of the Society of Actuaries (FSA) designation.
• Minimum of eight years of experience in financial services; experience with NM products preferred.
• Demonstrated ability to lead large cross-departmental projects including the ability to manage project financials.
• Experience with flexible premium products preferred.
• Proven ability to anticipate future industry economic and client consequences and trends.
• Interest in innovative approaches to developing product solutions.
• Strong organizational and follow-through skills with ability to work within deadlines and prioritize work.
• Superior verbal and written communication skills.
• Strong understanding of and experience interacting with NM field.
• Series 6 required or successful completion within six months.

• Cross Functional Partnering & Planning: Facilitates collaboration communication coordination and planning with individuals and teams from different functions within the organization and who have different areas of expertise to achieve common goals.
  Cross Functional Partnering & Planning: Facilitates collaboration communication coordination and planning with individuals and teams from different functions within the organization and who have different areas of expertise to achieve common goals.
• Customer Market & Ecosystem Knowledge: Understanding of market or customer-specific product use-cases ecosystem dependencies and competitor offerings. Ability to conduct or interpret competitive analysis of features with key competitive products.
  Customer Market & Ecosystem Knowledge: Understanding of market or customer-specific product use-cases ecosystem dependencies and competitor offerings. Ability to conduct or interpret competitive analysis of features with key competitive products.
• Industry Knowledge: Demonstrates extensive knowledge of common practices regulatory considerations market trends and the competitive landscape within a particular industry / sector to better understand and address unique client requirements challenges and context.
  Industry Knowledge: Demonstrates extensive knowledge of common practices regulatory considerations market trends and the competitive landscape within a particular industry / sector to better understand and address unique client requirements challenges and context.
• Insurance Products: Leverages knowledge of the general components characteristics principles philosophy and advantages of specific Northwestern Mutual insurance products to inform approach to situations such as innovation development and improvement.
  Insurance Products: Leverages knowledge of the general components characteristics principles philosophy and advantages of specific Northwestern Mutual insurance products to inform approach to situations such as innovation development and improvement.
• Product Development: Leads the planning forecasting and production of a product/s to the production readiness stage; manages the process strategy and resources of new product development.
  Product Development: Leads the planning forecasting and production of a product/s to the production readiness stage; manages the process strategy and resources of new product development.
• Product Management: Demonstrates ability to create and manage a product roadmap involving ideating planning forecasting marketing and management of a product or a suite of products throughout stages of its lifecycle from its conceptualization to market entrance and eventual phasing-out.
  Product Management: Demonstrates ability to create and manage a product roadmap involving ideating planning forecasting marketing and management of a product or a suite of products throughout stages of its lifecycle from its conceptualization to market entrance and eventual phasing-out.
• Product Positioning: Communicates the unique value of Northwestern Mutual products to target audience to make the product stand out and become the preferred choice for the target market.
  Product Positioning: Communicates the unique value of Northwestern Mutual products to target audience to make the product stand out and become the preferred choice for the target market.

• Flexible work schedules
• Concierge service
• Comprehensive benefits
• Employee resource groups

What We Do

You’ll Like It Here At Northwestern Mutual we believe that our lives and our work matter. And that doing what’s right is good for everyone. We follow through by designing tech that improves the community and cultivating creative ways to make finance accessible anywhere. These guiding principles have allowed our company to grow for more than 160 years. Here you’ll be with a team who emphasizes integrity and prioritizes security to design experiences that better everyone. You’ll work in cross functional teams to create optimal solutions that are rooted in innovative strategy and thoughtful execution. And you’re provided development tools and opportunities to become a leader all with the support of a collaborative team. You’ll be surrounded in a culture that values innovation and works to always evolve to stay ahead of trends and client needs. We are intentional in seeking out team members who will challenge us. Our employees choose us for the career opportunities commitment to philanthropy and desire to have a meaningful impact in the lives of our clients. You have career passions and goals. We have ambition and opportunity for you to grow your future in tech. Discover today: https://careers.northwesternmutual.com/

Why Work With Us

We invest in our people. We know careers are about choices so we provide intentional opportunity. Here you can build creative ways to make finance accessible anywhere and revolutionize traditional processes. As a mutual company our focus is our people — whether professional development or investments in the community. 

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