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Start-Up Vibes with The Stability of a Fortune 100 Company.
The Role
Develop and support mainframe-based financial reporting systems involving premiums, claims, and reserve calculations. Translate actuarial business needs into software changes, collaborate with technical and business experts, guide less experienced engineers, conduct code and design reviews, and improve engineering standards and core systems. The role requires strong mathematical reasoning, problem-solving, communication, prioritization, and knowledge of mainframe technologies, change management, SQL, software architecture, and design patterns.
Summary Generated by Built In
About the Role
The Actuarial Software Engineering team at Northwestern Mutual is responsible for creating and improving systems that ensure the company can meet its financial obligations to its customers, employees, and field representatives. These systems are financial in nature, centered on risk products and benefit plans, and based on the professional knowledge of the actuary. The applications are varied, generally are mathematical in nature, and involve working in close partnerships with technical peers and actuarial business experts.
As an Actuarial Senior Software Engineer, you will contribute to our mainframe team, with a focus on the financial reporting systems. Working with calculations related to customer premiums, claim payments and reserve calculations requires a comfort level with math, eye for details, and a strong sense of prioritization. Your NM product knowledge and ability to translate technical and business terms will provide you with a strong foundation for your direct client interactions.
This is an excellent place to start within this group, will help you build a foundation of knowledge about our risk products, and from there you can either stay mainframe focused or grow into other business application areas and other technologies. Regardless, you'll be part of a team that plays a crucial role in ensuring this great company continues to do great things for its customers.
What You'll Do in the Role
What You'll Bring to the Role
Skills You Have
#LI-Hybrid
Compensation Range:
Pay Range - Start:
$118,960.00
Pay Range - End:
$178,440.00
Geographic Specific Pay Structure:
Structure 110:
$130,880.00 USD - $196,320.00 USD
Structure 115:
$136,800.00 USD - $205,200.00 USD
We believe in fairness and transparency. It's why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you're living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.
Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!
Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.
Skills
Analytical Thinking (NM) - Advanced, Customer Centricity (NM) - Advanced, Strategic Thinking (NM) - Advanced, Root Cause Analysis & Decision Quality (NM) - Advanced, Talent Development & Planning (NM) - Beginner, Application Security (NM) - Advanced, Release Management (NM) - Advanced, DevOps (NM) - Advanced, Cloud Technology (NM) - Intermediate, Cross Functional Partnering & Planning (NM) - Intermediate, Software Problem Solving (NM) - Advanced, Accountability (NM) - Beginner, Professional Curiosity (NM) - Advanced (Inactive), Business Application (NM) - Intermediate, Coaching & Mentoring (NM) - Intermediate, IT Strategy (NM) - Intermediate, Adaptive Communication (NM) - Advanced, Technical Solution Development (NM) - Advanced (Inactive), Data Literacy (NM) - Advanced, Software Development (NM) - Advanced, Application Performance Management (NM) - Intermediate
FIND YOUR FUTURE
We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.
The Actuarial Software Engineering team at Northwestern Mutual is responsible for creating and improving systems that ensure the company can meet its financial obligations to its customers, employees, and field representatives. These systems are financial in nature, centered on risk products and benefit plans, and based on the professional knowledge of the actuary. The applications are varied, generally are mathematical in nature, and involve working in close partnerships with technical peers and actuarial business experts.
As an Actuarial Senior Software Engineer, you will contribute to our mainframe team, with a focus on the financial reporting systems. Working with calculations related to customer premiums, claim payments and reserve calculations requires a comfort level with math, eye for details, and a strong sense of prioritization. Your NM product knowledge and ability to translate technical and business terms will provide you with a strong foundation for your direct client interactions.
This is an excellent place to start within this group, will help you build a foundation of knowledge about our risk products, and from there you can either stay mainframe focused or grow into other business application areas and other technologies. Regardless, you'll be part of a team that plays a crucial role in ensuring this great company continues to do great things for its customers.
What You'll Do in the Role
- Work with subject matter experts and technical peers to translate business needs into software engineering projects.
- Leverage technical experience to develop, create, and implement software changes that meet business needs.
- Provide guidance and leadership to less experienced software engineers.
- Strive to continually improve our core systems, with a focus on delivering excellence to the business experts who rely on your work.
- Multiply the talent of your teammates by sharing your experiences and learnings and fostering a positive team focused atmosphere.
- Establishes, aggregates, and shares team standards and best practices within department.
- Utilizes working relationships across teams within their division.
What You'll Bring to the Role
- Bachelor's Degree in a technical field or equivalent experience.
- 4-5 years professional experience required.
- Experience developing and supporting mainframe-based applications preferred.
- Experience with JCL, PL/I, SAS or similar 4th generation tool ideal
- Experience with SQL desired.
- Experience with professional change management concepts and tools (e.g. ChangeMan, ServiceNow, Control-M)
- Strong problem-solving skills.
- Capable of communicating between product, engineering, and the business.
- Manages own time to meet objectives.
- Ability to perform peer reviews on code and design.
- Solid understanding of design patterns and architecture.
Skills You Have
- Accountability
- Analytical Thinking
- Business Application
- Learning Agility & Critical Thinking
- Software Development
- Software Problem Solving
- Technical Problem Solving
#LI-Hybrid
Compensation Range:
Pay Range - Start:
$118,960.00
Pay Range - End:
$178,440.00
Geographic Specific Pay Structure:
Structure 110:
$130,880.00 USD - $196,320.00 USD
Structure 115:
$136,800.00 USD - $205,200.00 USD
We believe in fairness and transparency. It's why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you're living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.
Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!
Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.
Skills
Analytical Thinking (NM) - Advanced, Customer Centricity (NM) - Advanced, Strategic Thinking (NM) - Advanced, Root Cause Analysis & Decision Quality (NM) - Advanced, Talent Development & Planning (NM) - Beginner, Application Security (NM) - Advanced, Release Management (NM) - Advanced, DevOps (NM) - Advanced, Cloud Technology (NM) - Intermediate, Cross Functional Partnering & Planning (NM) - Intermediate, Software Problem Solving (NM) - Advanced, Accountability (NM) - Beginner, Professional Curiosity (NM) - Advanced (Inactive), Business Application (NM) - Intermediate, Coaching & Mentoring (NM) - Intermediate, IT Strategy (NM) - Intermediate, Adaptive Communication (NM) - Advanced, Technical Solution Development (NM) - Advanced (Inactive), Data Literacy (NM) - Advanced, Software Development (NM) - Advanced, Application Performance Management (NM) - Intermediate
FIND YOUR FUTURE
We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.
- Flexible work schedules
- Concierge service
- Comprehensive benefits
- Employee resource groups
Skills Required
- Bachelor's degree in a technical field or equivalent experience
- 4-5 years of professional experience
- Experience developing and supporting mainframe-based applications
- Experience with JCL, PL/I, SAS, or a similar fourth-generation tool
- Experience with SQL
- Experience with professional change management concepts and tools such as ChangeMan, ServiceNow, or Control-M
- Strong problem-solving skills
- Ability to communicate between product, engineering, and business teams
- Ability to manage time to meet objectives
- Ability to perform peer reviews on code and design
- Solid understanding of design patterns and architecture
What the Team is Saying
Chris
Regional Financial Consultant
Chester
Senior Cybersecurity Engineer
Northwestern Mutual Compensation & Benefits Highlights
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Retirement Support — Retirement programs feature both a 401(k) and a company‑funded cash balance plan, with materials noting age+service‑based credits and periods when additional employer funding is directed to the pension‑style plan. Vesting timelines are specified for each plan, signaling a long‑term, security‑oriented design.
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Healthcare Strength — Health coverage spans medical, dental, and vision with Lyra mental‑health support, on‑site Mutual Health Centers in select locations, virtual care options, and fitness reimbursement or on‑site gyms. This breadth positions core health benefits as comprehensive for eligible corporate employees.
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Parental & Family Support — Programs include paid parental leave, caregiving leave, and family‑building supports such as fertility, adoption, and surrogacy assistance. These offerings extend beyond baseline benefits to cover key life stages for families.
Northwestern Mutual Insights
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The Company
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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Northwestern Mutual Teams
Northwestern Mutual Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
We offer a flexible, hybrid approach for our employees . Teams are in the office a few days a week and work from home the others.
Typical time on-site:
Flexible
