Northwestern Mutual is hiring a Risk Product Development Assistant Director to partner with leadership in defining the strategic direction and management of the life product line. You will develop product strategy, lead key programs, serve as a technical expert, and facilitate new products and tools for agency use.
What You'll Do
- Assist in developing and executing product development strategies for the life product line that leverage company advantages and ensure cross-departmental execution.
- Design competitive and financially sound products based on client and field insight, including new and innovative approaches.
- Provide representation and advocacy for life products in cross-departmental project teams focusing on compliance, supervision, regulatory issues, marketing, 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 occupational, demographic, and economic trends which may impact the product line's financial results.
- Provide expert technical assistance and consultation to the field and home office regarding products, complex product analysis, competitive intelligence, sales illustrations, and sales ideas.
What We're Looking For
- Bachelor's degree or equivalent in business administration, actuarial science, finance, economics, marketing, or a related field.
- An actuary background with attainment of the Fellow of the Society of Actuaries (FSA) designation.
- A minimum of eight years of experience in financial services.
- Demonstrated ability to lead large cross-departmental projects, including managing project financials.
- Proven ability to anticipate future industry, economic, and client consequences and trends.
- Strong organizational and follow-through skills with the ability to work within deadlines and prioritize work.
- Superior verbal and written communication skills.
- A strong understanding of and experience interacting with the Northwestern Mutual field.
- Series 6 license required or successful completion within six months.
Nice to Have
- Experience with Northwestern Mutual products.
- Experience with flexible premium products.
Team & Environment
Serves as a key liaison between the product and the Sales Enablement Department.
Benefits & Compensation
- Compensation range: $114,450 - $212,550.
Work Mode
This role follows a hybrid work model.
Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce.
