VP Medical Director

Northwestern Mutual Investment Services, LLC

Milwaukee (WI)

On-site

USD 220,000 - 330,000

Full time

14 days+

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Benefits offered by this job

Incentive compensation program
Competitive salary with short/long‑t​r

Job summary

Northwestern Mutual Investment Services, LLC in Milwaukee seeks a Vice President, Medical Director to serve as a senior medical authority bridging clinical medicine with risk management. You will translate medical science into underwriting guidelines, assess mortality and morbidity risks for Life, DI and LTC products, and guide claims assessment.

The team includes RNs, MDs, and DOs; you will train associates, lead medical consultations with underwriting and benefits, participate in committees,

Qualifications

  • MD or DO degree with residency training and clinical experience.
  • Board certification in Internal Medicine, Med-Peds or Family Medicine.
  • Wisconsin medical license or eligibility.
  • Strong communication skills and ability to write medical standards.
  • Ability to present at industry meetings and train staff.
  • Collaborative leadership across multiple departments.

Responsibilities

  • Set medical standards for Life, Disability, and Long Term Care products.
  • Provide medical consultations to underwriting and benefits teams.
  • Lead and train Associate Medical Directors.
  • Participate in committees and strategic projects.
  • Collaborate with cross-functional teams (Actuarial, Law, Government Relations).

Skills

Leadership
Medical Case Consultation
Underwriting Practices
Mortality Morbidity Risk Analysis
Digital Health Data
Attention to Detail
Interpersonal Communication
Industry Knowledge

Education

MD/DO degree
Board certification in Internal Medicine/Med-Peds/Family Medicine
Wisconsin medical license

Tools

Medical record platforms

Job description

Overview

We are seeking a Vice President, Medical Director for our medical organization, to serve as a senior medical authority who will bridge clinical medicine with risk management. They will translate medical science into underwriting guidelines, assess mortality/morbidity risks for Life, DI and LTC policies, guide claims assessment, and ensure regulatory compliance.

Our medical team currently consists of approximately 20 industry professionals including RNs, MDs and DOs. This specialized team has recreated the collegial environment from days in clinical practice. The focus is to find innovative ways to promote health, predict mortality and morbidity experience, while setting the tone for underwriting standards and the entire enterprise.

Primary Duties and responsibilities

  • Support company goals for mortality and morbidity by setting medical standards for Life, Disability, and Long Term Care products.

  • Facilitate expertise to utilize the standards by supporting the education of the underwriters.

  • Bring medical consultations and leadership to a broad spectrum of Company departments (Actuarial, Law, Government Relations, Communications, Philanthropy, Innovation, NM Venture Funds, etc.)

  • Provide medical case consultations/referrals with underwriting and benefits areas (Life, Disability, and Long Term Care)

  • Direct or participate in special projects and committees as designated by the Vice President and Chief Medical Officer.

  • Train and onboard Associate Medical Directors new to insurance medicine

  • Perform 2nd sign reviews on Jumbo Life cases

  • Collaborate with the CV Medical Consultants (RNs) for Cardiovascular Risk Assessment.

  • Contribute to insurance medicine associations (e.g., planning meetings, speaking, holding office, and setting professional standards).

Qualifications

  • Complete a MD or DO degree, primary care residency training, and at least 3 years of clinical experience.

  • Achieve and maintain Board certification in Internal Medicine, Med/Peds, or Family Medicine.

  • Achieve and maintain medical licensing in the state of Wisconsin

  • Demonstrate excellent communication skills

  • Ability to write medical standards

  • Ability to present at industry meetings

  • Ability to perform training sessions

  • Ability to interact professionally with the underwriters, claims analysts, field and policyowners

  • Attainment of Board Certification in Insurance Medicine.

  • Demonstrate digital proficiency with case management and medical record platforms.

  • Exhibit ethical behavior and demonstrate excellent judgment.

  • Be comfortable with change and have flexibility to be a change agent

Compensation Range:

Pay Range - Start:

$220,000.00

Pay Range - End:

$330,000.00

This role is eligible for additional short-term and long-term incentive compensation.

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.

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

Leadership (NM), Client Application Data Evaluation (NM), Medical Case Consultation (NM), Customer Centricity (NM), Risk Assessment (NM), Insurance Acumen (NM), Coaching & Mentoring (NM), Digital Health Data (NM), Statutes & Regulation, Learning Agility (NM) - Expert (Inactive), Medical Acumen (NM), Decision Making (NM), Underwriting Practices (NM), Medical Standards & Research (NM), Medical Risk Assessment (NM), Technical Problem Solving (NM), Underwriting Research (NM), Information Gathering, Accountability (NM), Medical Trends & Directions, Attention to Detail (NM), Adaptive Communication (NM), Business Influence (NM), Mortality, Morbidity, & Risk Analysis (NM)

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