Jobs Companies Northwestern Mutual Actuarial Senior Software Engineer, Mainframe

About this Actuarial Senior Software Engineer, Mainframe role at Northwestern Mutual

Northwestern Mutual · Onsite · Milwaukee, WI Corporate

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

  • 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.


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How this Software Engineer salary compares

This role pays $118,960/yrbelow the typical range for Software Engineer roles.

$112,480 median $118,960 $165,599

Typical range $118,960–$156,902/yr, from 6 comparable Software Engineer listings on JobsRadar (pay annualized to USD). See Software Engineer salary insights →

About Northwestern Mutual

At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company over 160 years ago. Today, they're just a few of the reasons why people choose to build careers at Northwestern Mutual. What started in Milwaukee, WI has grown into 7,000+ home office professionals split across 3 campuses: New York City, Franklin and downtown Milwaukee (HQ) - each one bringing with it its own unique talent and culture. In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual as we are growing our digital and tech capabilities and are always on the lookout for

See all jobs at Northwestern Mutual →

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