M

Head of Fixed & Income Annuity Pricing

MassMutual

Boston, MA
23 days ago

Job Description

Join MassMutual as the Head of Fixed & Income Annuity Pricing, managing a $15B annuity business in a strategic role. Collaborate with stakeholders to lead a motivated team and drive innovative pricing solutions while ensuring competitiveness and profitability.

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 for business hedging
  • Orchestrate innovative solutions reflecting market trends
  • Set pricing assumptions and perform pricing analysis
  • Lead pricing review and approval process with Corporate Actuarial and Product
  • 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
  • 12+ years experience in actuarial roles
  • 3+ years of experience with pricing AND fixed & income products
  • Experience in Prophet
  • Ability to analyze and comprehend complex information