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Head of Fixed & Income Annuity Pricing

MassMutual

Springfield, MA
24 days ago

Job Description

As the Head of Fixed and Income Annuity Pricing at MassMutual, you will manage a $15B annuity business, leading a motivated team to maintain market leadership. This strategic role requires collaboration with various stakeholders to ensure competitive positioning while overseeing pricing processes and contributing to business growth.

Key Responsibilities

  • Lead a team of 4 with responsibility for pricing fixed and income products
  • Oversee rate setting and implementation process for products
  • Partner with Investment Management and ALM team
  • Set pricing assumptions and perform pricing analysis
  • Lead pricing review and approval process
  • Influence ongoing business strategy and growth

Required Qualifications

  • Bachelor’s degree in actuarial science, math, statistics, or related discipline
  • Fellow of the Society of Actuaries
  • 10+ years experience in actuarial roles
  • 3+ years of experience with pricing OR fixed & income products
  • Deep understanding of the retail annuity marketplace and competitive landscape
  • Experience leading, developing, and coaching a diverse team
  • Ability to manage multiple concurrent deadlines
  • Strong written and verbal communication skills

Preferred Qualifications

  • ALM or annuity pricing, valuation, and/or modeling experience
  • Experience in Prophet
  • 12+ years experience in actuarial roles
  • 3+ years of experience with pricing AND fixed & income products