Join MassMutual as the Head of Fixed and Income Annuity Pricing, where you'll manage a $15B annuity business and lead a motivated team to maintain market leadership. This strategic role involves collaborating with diverse stakeholders to balance competitiveness and profitability in pricing fixed and income annuities.
Key Responsibilities
Lead a team of 4 responsible for pricing new and existing fixed and income products
Oversee rate setting and implementation process for spot priced products
Partner with Investment Management and ALM team to ensure appropriate hedging
Orchestrate innovative solutions reflecting current market trends
Set pricing assumptions and perform pricing analysis
Lead pricing review and approval process with Corporate Actuarial and Product
Influence business strategy and growth
Required Qualifications
Bachelor's degree in actuarial science, math, statistics, or related discipline
Fellow of the Society of Actuaries
Experience with actuarial software such as Prophet, AXIS, or Alpha
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
Ability to influence others and drive engagement
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
Demonstrated success dealing with complexity and ambiguity
Ability to analyze complex information and convey it to non-technical audiences
Demonstrated approach to execute strategic initiatives and projects