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Actuarial Products Specialist

Northwestern Mutual Life Insurance CompanyMilwaukee, United States4mo ago
HybridIndividual Life ProtectionReserving & ValuationProduct Development & Plan Design

Role Summary

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HIGHLIGHTS

Life insurance actuarial products role in Milwaukee supporting policy/contract value calculations. You will develop calculation specifications, identify and resolve system calculation defects, and provide product calculation expertise across business and systems. Hybrid role requiring Excel-based actuarial programming and strong communication.

JOB DESCRIPTION SUMMARY

  • Develop and maintain policy/contract value calculation specifications
  • Identify and resolve calculation defects across company systems
  • Provide product calculation expertise to business and systems teams
  • Program complex actuarial formulas in Excel; VBA knowledge helpful
  • Hybrid role in Milwaukee, WI; minimum 1 year relevant experience

DOMAIN EXPERTISE

  • policy/contract value calculations
  • program complex actuarial formulas in Excel
  • supporting actuarial product features and calculations across systems

KEY REQUIREMENTS

  • Bachelor's degree in a quantitative field required
  • Minimum of 1 year of relevant job experience
  • Ability to program complex actuarial formulas in Excel
  • Strong written and verbal communication skills
  • Ability to work independently and with cross-functional teams

TECH STACK

  • Excel