Actuary - Variable Annuity Pricing Full-Time
The Variable Annuity Pricing Actuary will be an integral part of the Annuity Pricing team and will use business and technical knowledge to expand and enhance MassMutual's position in the annuity marketplace.
The position is part of the Product department within MassMutual's Brand, Product, and Affiliated Distribution organization. In addition to Annuity pricing, the team is also expected to support, as necessary, all other actuarial aspects of Annuity product management, operations support and distribution interaction. This potentially means active involvement with experience studies, competitive analysis, and other actuarial functions.
Provide actuarial support for policy form and regulatory filings, competitive benchmarking, and industry analysis.
Take ownership in setting pricing assumptions and performing pricing analysis.
Lead pricing review and approval process with Corporate Actuarial, Enterprise Risk Management, and other stakeholders.
Provide technical guidance, mentoring and training to actuarial students on the Annuity team.
Gain proficiency and be the subject matter expert in Prophet, the pricing actuarial software.
Associate of the Society of Actuaries
5+ years' experience with actuarial software and models
Bachelor's degree in actuarial science, math, statistics, or related discipline
Fellow of the Society of Actuaries
Ability to build, validate, enhance, and maintain asset share pricing models
Ability to use a disciplined work approach to initiatives, projects, and day-to-day activities
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
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.