The Opportunity As a Life Pricing Lead, you will work on the development and pricing of our Whole Life, Term, UL, VUL, and LTC combination products. This is a highly visible and influential role working with the core suite of Life products at a leading mutual life insurance company.
As part of the Brand, Product, and Affiliated Distribution organization and the Life Product Development team, the Life Pricing team is a motivated group of actuaries and quantitative consultants who develop innovative products and pricing methodologies across a broad suite of Life products. We help ensure the continued growth of our core whole life franchise while diversifying our offerings to provide solutions to more customers. Lead the pricing of new and existing Life insurance products
• Collaborate with distribution, reinsurance, risk management, and corporate actuarial to price products within our risk tolerance while balancing competitiveness and profitability
• Lead the pricing review and approval process with both the corporate actuarial and product teams
• Lead other ad hoc strategic actuarial projects for our Life product portfolio as needed
Member in good standing of the American Academy of Actuaries
• Experience with developing and maintaining actuarial models, either in actuarial software or bespoke models (i.e. Axis, Prophet, Python, R, VBA)
• 10+ years of experience in actuarial roles
• Disciplined approach to strategic initiatives, business projects, and day-to-day activities
• Demonstrated ability to effectively manage and deliver on multiple concurrent deliverables
• Ability to lead and influence others and drive engagement on large projects with multiple functional areas
Knowledgeable in relevant products and services, investments, financials, laws and regulations, industry standards and the competitive environment
• Ability to analyze and comprehend complex information, as well as convey complex materials to non-technical audiences
• Demonstrated ability to execute strategic initiatives, business projects, and day-to-day activities simultaneously.
• Experience with programming languages and models that are built in programming languages
• MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.