Northwestern Mutual
Start-Up Vibes with The Stability of a Fortune 100 Company.
Milwaukee, WI, USA

Assistant Director Life Product Development

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Employer Provided Salary: $100,030-$185,770 Annually
Salary data is provided by the employer. Please note this is not a guarantee of compensation.

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
Partners with Product Development leadership in the development of strategic direction and management of a specific product line, including product strategy and business plans. In this role, you will lead programs that set direction, strategy, and goals related to Northwestern Mutual products; serve as technical expert regarding products; act as key resource leading projects that bring alive the value of the product; facilitate and promote new products, technologies, and tools for the use at the agency-level. Requires ability to network extensively with a variety of audiences including, corporate, agency-level, competitors, and outside business partners. Serves as key liaison between the product and the Planning Sales Department, ensuring projects align with sales objectives, and that sales teams have an appropriate depth of understanding regarding products.
Primary Duties & Responsibilities

  • For one or more risk product lines, assist in developing and executing product development strategies that leverage our fundamental company advantages, understand the markets in which the product line is most relevant, and ensure execution in coordination with a broad variety of departments across the company.
  • Design competitive and financially sound products based on client and field insight, including new and innovative approaches.
  • Provide representation and advocacy for one or more product lines in cross-departmental project teams focusing on compliance, supervision, regulatory issues, marketing and 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 trends, including occupational, demographic and economic, which may impact the financial results of the product line.
  • Provide expert technical assistance/consultation to the field and home office regarding products, complex product analysis, competitive intelligence, sales illustrations and sales ideas.


  • Bachelor's degree or equivalent in business, Actuarial Science, finance, economics, marketing or related field.
  • Minimum of Eight years of experience in financial services; experience with NM products preferred.
  • FINRA Series 6 required up to 6 months after hire.
  • Demonstrated ability to lead large cross-departmental projects including the ability to manage project financials.
  • Proven ability to anticipate future industry, economic, and client consequences and trends.
  • Interest in innovative approaches to developing product solutions.
  • Strong organizational and follow-through skills with ability to work within deadlines and prioritize work.
  • Superior verbal and written communication skills.
  • Strong understanding of and experience interacting with NM field.

Skills-Proficiency Level:
Actuarial Management - Advanced
Cross-Functional Partnerships - Intermediate
Financial Analysis - Intermediate
Influencing Decisions - Advanced
Market Segmentation - Advanced
Persuasion - Advanced
Product Development - Advanced
Product Implementation - Advanced
Product Management - Advanced
Product Development Research - Advanced
Product Sales - Advanced
Regulatory Compliance - Advanced
Regulatory Risk Assessment - Intermediate
Trend Analysis - Advanced
Compensation Range:
Pay Range - Start:
Pay Range - End:
Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additiona l information relating to location-based pay structures.
Grow your career with a best-in-class company that puts our client's interests at the center of all we do. Get started now!
We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.
We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.

  • Flexible work schedules
  • Concierge service
  • Comprehensive benefits
  • Employee resource groups
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What are Northwestern Mutual Perks + Benefits

Northwestern Mutual Benefits Overview

Whether providing education assistance, competitive health benefits or time off for community service, Northwestern Mutual is committed to supporting employees so they can live their best lives. 

Volunteer in local community
Partners with nonprofits
OKR operational model
Team based strategic planning
Employee resource groups
Hybrid work model
Flexible work schedule
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Mental health benefits
Financial & Retirement
Northwestern Mutual offers a pension plan for employees.
Performance bonus
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Adoption Assistance
Fertility benefits
Vacation & Time Off Benefits
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Floating holidays
Bereavement leave benefits
Office Perks
Commuter benefits
Company-sponsored outings
Free daily meals
Some meals provided
Company-sponsored happy hours
Mother's room
Onsite gym
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Online course subscriptions available

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