Paralegal Sr Specialist-Variable Insurance Products

AT NORTHWESTERN MUTUAL, WE ARE STRONG, INNOVATIVE AND GROWING. WE INVEST IN OUR PEOPLE. WE CARE AND MAKE A POSITIVE DIFFERENCE.

The Northwestern Mutual Law Department is seeking an experienced, independent and agile variable insurance products paralegal interested in joining a diverse, challenging and fast-paced environment supporting the Company on a wide range of issues as it works to transform how clients experience financial security.

What's the role?

• This variable insurance products paralegal will be a member of the Law Department's Investment Products and Advisory Services Team, reporting to the VP-Investment Products and Services in Law, and will primarily focus, as part of a team of lawyers and paralegals, on supporting the securities law aspects of our variable life insurance and variable annuity products and their underlying mutual fund investment options. Most of this legal work is handled entirely in-house, including the production of variable product registration statements and related regulatory filings and shareholder reports.
• Examples of the type of work this paralegal will engage in as a member of the Investment Products and Advisory Services Team includes:

• Helping to manage the process, and assisting in the drafting, publishing and filing of new and existing annual registration statements, annual and semi-annual reports, prospectus supplements, proxy/information statements and related documents with the Securities and Exchange Commission
• Aiding in the implementation of new SEC rules applicable to variable products, mutual funds and their registered investment advisers
• Performing legal and public records searches
• Maintaining and updating files, policies and procedures and databases
• Assisting with the maintenance of sub-custodial registrations for foreign investments

• This position provides a career track opportunity in the Law Department with potential advancement to a Paralegal Consultant. This position also provides the opportunity for an annual bonus.

Bring Your Best! What this role needs:

• Candidates ideally should have a Bachelor's degree and at least three years of variable product and/or mutual fund paralegal experience. Additional experience together with a certificate of paralegal studies from a program approved by the American Bar Association may be considered in lieu of Bachelor's degree.
• Experience with other federal securities laws is a plus.
• Corporate governance experience is desirable.
• Experience using the DFIN ArcPro registration statement management and publishing system, or comparable system, is preferred.
• Exceptional organizational skills and expert knowledge of Office 365 and Adobe applications.

Desired personal attributes:

• Excellent interpersonal and written and oral communication skills, a highly analytical and curious mind, creativity, comfort dealing with ambiguity, integrity, high ethical standards, and a positive outlook.
• Demonstrated ability to collaborate and contribute effectively in a team environment while working independently and approaching work with a proactive mindset.
• Ability to effectively prioritize multiple tasks at the same time.
• A keen problem-solving approach using sound reasoning and practical judgment to achieve results that balance benefits for all stakeholders of the enterprise.
• The scope of this role may change over time to respond to business needs. The successful candidate will be flexible and adaptable in terms of general skill sets and aspirations.

Information About the Northwestern Mutual Law Department:

Of the Northwestern Mutual Law Department's approximately 130 members, about 80 are lawyers, having come to Northwestern Mutual from all around the country after having graduated from a multitude of law schools and undergraduate institutions and having practiced in a wide variety of settings. The balance of the Department consists of highly skilled paralegals and research and administrative professionals who support significant aspects of the Department's operations. Our Law Department (in every aspect of its operations, including the Law Department Leadership Team, the Department's practicing lawyers and paralegals, and the Department's professional administrative staff) is inclusive and diverse, comprising a rich mixture of people who come from a wide variety of ethnic and religious backgrounds and includes people of color and those who are openly gay or lesbian.

The Northwestern Mutual Law Department provides the vast majority of legal services in nearly all disciplines directly to the Company, with only select utilization of outside counsel. There are nine main legal practice teams within the Law Department: Investment Products and Advisory Services; Digital and Enterprise Operations; Insurance Products and Operations; Corporate; Distribution; Litigation; Enterprise Governance; Securities Investments; and Real Estate Investments. Members of the Law Department have the opportunity to develop a thorough understanding of the Company's business needs, and we are fully engaged in the execution of the Company's business strategy. This allows us to provide the most timely and effective counsel in an efficient manner and leads to greater career satisfaction for our attorneys, paralegals, and professional administrative staff.

Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what is most important. With $378 billion in total assets, $38 billion in revenues, and nearly $2.4 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 5 million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. The company manages more than $351 billion of investments owned by its clients and held or managed through its wealth management and investment services businesses. Northwestern Mutual ranks 109th on the 2025 FORTUNE 500 and is recognized by FORTUNE as one of the "World's Most Admired" life insurance companies.

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Compensation Range:

Pay Range - End:

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 who welcomes and encourages diversity in the workforce. 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.

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