Actuarial Products Specialist

Northwestern Mutual is a company focused on actuarial design and pricing of risk products. The Actuarial Products Specialist will support the Actuarial Department by ensuring accurate policy/contract values and serving as a resource for risk product features and calculations across the company. Responsibilities Responsible for developing policy/contract value calculation specifications for various systems throughout the company Responsible for identifying and resolving policy/contract value calculation defects in various systems throughout the company Provide requested input during the requirements gathering/documentation process for the company’s risk products and the various systems that support these products Provide information related to specific risk product features and calculations to a variety of business and system areas throughout the company Support ad-hoc requests for policy/contract value calculations from various business areas throughout the company Responsible for ongoing maintenance activities to ensure that policies/contracts continue to produce correct values over time Skills Bachelors degree with an emphasis in Mathematics, Actuarial Science, Computer Science, MIS, Business or related field, to include upper-level mathematics coursework Minimum of 1 year of relevant job experience Ability to program complex actuarial formulas in Excel. (Knowledge of macros and/or VBA is helpful, but not required.) Strong written and verbal communication skills. Must be able to explain and document complex, technical calculations in a way that can be understood by multiple business and systems personnel Ability to work independently and as part of a team Ability to develop and maintain strong working relationships with members of their team, with other teams in the Actuarial Department and with other teams throughout the company and at various job levels Benefits Flexible work schedules Concierge service Comprehensive benefits Employee resource groups Company Overview Northwestern Mutual delivers financial security to millions with life, disability income and long-term care insurance, and investments. It was founded in 1857, and is headquartered in Milwaukee, Wisconsin, USA, with a workforce of 5001-10000 employees. Its website is Company H1B Sponsorship Northwestern Mutual has a track record of offering H1B sponsorships, with 1 in 2020. Please note that this does not guarantee sponsorship for this specific role.