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Assistant Director & Actuary

Northwestern Mutual Life Insurance CompanyMilwaukee, United States4mo ago
HybridIndividual Life ProtectionIndividual AnnuitiesLong Term CareGroup DisabilityPricing & RatingReserving & ValuationProduct Development & Plan Design

Role Summary

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HIGHLIGHTS

Senior life actuarial role in Milwaukee focused on pricing, valuation (PBR), and in-house model development for life, annuity and long-term care products. The Assistant Director/Actuary will design and maintain pricing and reserve models, present results to senior management, and provide technical guidance. FSA and a minimum of five years' actuarial experience required. Hybrid role based in Milwaukee, WI.

JOB DESCRIPTION SUMMARY

  • Lead pricing and product design for life, annuity, and long-term care products
  • Perform Principle Based Reserve (PBR) valuations and investigate reserve assumptions
  • Develop and enhance in-house models for pricing, cash flow testing and projections
  • Provide technical guidance and present results to senior management
  • Hybrid role based in Milwaukee, WI; FSA required with 5+ years' experience

DOMAIN EXPERTISE

  • life insurance pricing
  • long-term care pricing
  • Principle Based Reserve (PBR) valuation
  • model development for pricing and reserving

KEY REQUIREMENTS

  • Fellow of the Society of Actuaries (FSA) required
  • Minimum of 5 years proven actuarial experience
  • Expertise in one or more actuarial areas (pricing, valuation, modeling)
  • Strong communication skills for presenting to senior management

TECH STACK

  • No tech stack specified