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Actuary - Annuity Pricing and Profitability

MassMutual

Boston, MA
20 days ago

Job Description

Join MassMutual as a Variable Annuity Pricing Actuary, where you'll lead pricing efforts, support regulatory filings, and collaborate with teams to enhance product competitiveness and profitability. This role offers the chance to mentor others and drive continuous improvement in a dynamic environment.

Key Responsibilities

  • Lead the pricing of new and existing annuity products with a focus on Variable Annuities
  • Provide actuarial support for policy form and regulatory filings
  • Work with business partners to understand industry competitive landscape
  • Set pricing assumptions and perform pricing analysis
  • Lead pricing review and approval process
  • Provide technical guidance and mentoring to actuarial students
  • Gain proficiency in Prophet actuarial software
  • Drive continuous improvement and efficiencies

Required Qualifications

  • 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

Preferred Qualifications

  • Fellow of the Society of Actuaries
  • Annuity, ALM or investment experience
  • Prophet modeling experience
  • Ability to build, validate, enhance, and maintain asset share pricing models
  • Strong oral and written communication skills
  • Ability to interact with technical and non-technical audiences at all levels
  • Ability to use a disciplined work approach
  • Inquisitiveness, critical thinking, professional skepticism, and business sense