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Head of Life Valuation Reporting

MassMutual

Hartford, CT
24 days ago

Job Description

Join MassMutual as the Head of Life Valuation Reporting, where you will lead a team of actuaries and analysts to ensure accurate financial reporting for life insurance products. This role offers the opportunity to drive strategic initiatives, enhance valuation methodologies, and influence critical business decisions in a collaborative environment.

Key Responsibilities

  • Oversee monthly/quarterly preparation, analysis and reporting of US Stat/GAAP/Tax reserves
  • Ensure effective application of valuation governance framework
  • Lead the design and implementation of reserve analysis
  • Monitor and implement emerging valuation regulation changes
  • Serve as the Life Valuation leader on experience review and assumption settings working groups
  • Maximize team effectiveness by driving a compelling vision & strategy

Required Qualifications

  • Bachelor’s Degree or higher
  • Fellow of the Society of Actuaries
  • Member of the American Academy of Actuaries
  • Minimum of 10 years’ actuarial experience in valuation and reporting or life insurance pricing
  • Demonstrated financial statement knowledge of US Statutory and GAAP accounting
  • Experience managing a team of actuarial professionals
  • Proven change management skills
  • Exceptional communication skills, both written and verbal
  • Ability to build and maintain strong working relationships across different functional groups

Preferred Qualifications

  • Expert-level technical knowledge of insurance product valuation
  • Deep knowledge of valuation techniques and methodologies across various regulatory regimes
  • Experience with Asset Adequacy Analysis or similar actuarial projection exercises
  • Meets specific qualification standards for US NAIC Life statements of actuarial opinion