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Product Development Consultant - Risk Products

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

Primary Duties & Responsibilities:

  • Assist with ownership of insurance products including design and implementation of new or existing products, promotion strategies, overall execution of the product strategy and day-to-day product line management to advance sales and servicing.

  • Support ongoing insurance product evolution including coordinating and driving efforts with technical, operational, compensation, investment and regulatory experts.

  • Interpret customer needs and is the go-to product expert that can explain and translate product or program features and functions to internal and external partners.

  • Translate product strategy into product design details.

  • Build platform expertise to identify and provide product input for efficient set-up.

  • Provide support and product expertise to internal teams and advisors.

  • Assist in coordinating competitor, market and consumer insights to inform product research opportunities

Qualifications:

  • Bachelor's degree or equivalent in business, finance, economics or related field.

  • 5 plus years of experience in financial services.

  • Demonstrated ability to drive promotion or design within cross-departmental initiatives.

  • Strong attention to detail and ability to develop deep product expertise.

  • Ability to anticipate decision impacts, future consequences and trends.

  • Ability to build strong external networks with resources in the industry.

  • Strong organizational and follow-through skills, with ability to work within deadlines, prioritize work and multitask.

  • Superior verbal and written communication skills.

  • Ability to make effective formal presentations.

  • Proven management skills including negotiating, leadership, delegation, planning and organization.

  • Advanced degree preferred.

Skills-Proficiency Level:


Actuarial Management - Intermediate
Cross-Functional Partnerships - Basic
Financial Analysis - Intermediate
Influencing Decisions - Intermediate
Market Segmentation - Intermediate
Persuasion - Intermediate
Product Development - Intermediate
Product Implementation - Intermediate
Product Management - Intermediate
Product Development Research - Intermediate
Product Sales - Intermediate
Regulatory Compliance - Intermediate
Regulatory Risk Assessment - Basic
Trend Analysis - Intermediate

This job is not covered by the existing Collective Bargaining Agreement.

Required Certifications:

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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 Colorado or outside of a Corporate location, please click here for information pertaining to compensation and benefits.


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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.