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Northwestern Mutual

VP Medical Director

Posted 3 days ago
$220K - $330K per year
5-10 years experience
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AI Summary

The VP Medical Director will serve as a senior medical authority, bridging clinical medicine with risk management to set underwriting standards for Life, Disability, and Long Term Care products. They will provide medical consultations across various departments, train associate medical directors, and ensure regulatory compliance while promoting health and mortality prediction.

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.


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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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