UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 24F-2

Annual Notice of Securities Sold

Pursuant to Rule 24f-2

 

  1.

  

Name and address of issuer:

 

Northwestern Mutual Variable Life Account

The Northwestern Mutual Life Insurance Company

720 East Wisconsin Avenue

Milwaukee, Wisconsin 53202

  2.

  

Name of each series or class of funds for which this Form is filed. (If the Form is being filed for all series and classes of funds of the issuer, check the box but do not list series or classes): ¨

 

Variable Joint Life Policies

  3.

   Investment Company Act File Number: 811-3989
   Securities Act File Number: 333-59103

  4(a).    

  

Last day of fiscal year for which this Form is filed:

December 31, 2011

  4(b).

   ¨ Check box if this Form is being filed late (i.e., more than 90 calendar days after the end of the issuer’s fiscal year).
  4(c).    ¨ Check box if this is the last time the issuer will be filing this Form.

  5.        

   Calculation of registration fee:         
   (i)        

 

  

Aggregate sale price of securities

sold during the fiscal year pursuant

to section 24(f):

         $16,474,207
   (ii)

 

  

Aggregate price of securities redeemed

or repurchased during the fiscal year:

   $17,690,407      
   (iii)

 

  

Aggregate price of securities redeemed

or repurchased during any prior fiscal

year ending no earlier than October 11,

1995 that were not previously used to

reduce registration fees payable to the

Commission:

   $2,433,912      
   (iv)   

Total available redemption credits

[add items 5(ii) and 5(iii)]:

         $20,124,319
   (v)   

Net sales - if item 5(i) is greater

than 5(iv) [subtract item 5(iv) from

item 5(i)]:                    

         $  0
   (vi)   

Redemption credits available for use

in future years - if item 5(i) is less

than item 5(iv) [subtract item 5(iv) from

item 5(i)]:

   ($3,650,112)      
   (vii)   

Multiplier for determining registration

fee:

         × 0.0001146
   (viii)    Registration fee due [multiply item 5(v)         

                  by item 5(vii)] (enter “0” if no fee is due):          = $  0.00
 6.            Prepaid Shares         
  

If the response to item 5(i) was determined by deducting an amount of securities that were registered under the Securities Act of 1933 pursuant to rule 24e-2 as in effect before October 11, 1997, then report the amount of securities (number of shares or other units) deducted here:   0   . If there is a number of shares or other units that were registered pursuant to rule 24e-2 remaining unsold at the end of the fiscal year for which this form is filed that are available for use by the issuer in future fiscal years, then state that number here:   0   .

  7.    Interest due -- if this Form is being filed more than 90 days after the end of the issuer’s fiscal year:         
            +  $  0
  
  8.    Total of the amount of the registration fee due plus any interest due [line 5(viii) plus line 7]:
            $  0.00
           
  9.   

Date the registration fee and any interest payment was sent to the Commission’s lockbox depository: No Fee Due

 

  
     

            Method of Delivery:

 

        
                                                                                     ¨   Wire Transfer         
                                                                                     ¨   Mail or other means         

 

SIGNATURES

This report has been signed below by the following person on behalf of the issuer and in the capacity and on the date indicated.

 

By:

   /s/ JOHN C. KELLY   
  

John C. Kelly

Vice President and Controller

The Northwestern Mutual Life Insurance Company

     

Date: March 9, 2012