Join MassMutual as an Actuary focused on Annuity Pricing and Profitability. You'll lead pricing strategies for variable annuities, provide actuarial support, and mentor junior actuaries, all while enhancing MassMutual's competitive edge in the marketplace.
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, competitive benchmarking, and industry analysis.
Work with business partners to understand the industry competitive landscape.
Take ownership in setting pricing assumptions and performing pricing analysis.
Lead pricing review and approval process with various stakeholders.
Provide technical guidance, mentoring, and training to actuarial students.
Gain proficiency and be the subject matter expert in Prophet software.
Take ownership of pricing models and lead model development for new products.
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 to initiatives, projects, and day-to-day activities
Inquisitiveness, critical thinking, professional skepticism, and business sense