Actuary - Health Valuation

· Remote

Location

Remote

Type

Full Time

Job Description

MassMutualJobs
Actuary - Health Valuation

Actuary - Health Valuation

Posted Yesterday
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Springfield MA USA
Hybrid
145K-190K Annually
Senior level
Big Data • Fintech • Information Technology • Insurance • Financial Services
We help people secure their future and protect the ones they love.
The Role
Lead valuation methodology and actuarial modeling for Long-Term Care and Supplemental Health products across statutory GAAP and tax frameworks. Own model development validation documentation and enhancements; partner with pricing finance risk and product teams; communicate results and drive process modernization controls and strategic decision support.
Summary Generated by Built In
The Opportunity
At MassMutual we're helping millions of people secure their financial future. To support our growing impact we're looking to hire an Actuary to join our Health Valuation team. In this role you will lead complex valuation work shape actuarial methodology for Long-Term Care and Supplemental Health products and influence key financial and business decisions through deep technical expertise sound judgment and strong cross-functional partnership.
The Team
The Health Valuation team protects the long-term interests of policyholders by ensuring MassMutual can meet its future obligations. The team is responsible for more than $7 billion in direct statutory reserves and oversees statutory GAAP and tax valuation and reporting for Disability Income Long-Term Care and Supplemental Health products across retail and worksite channels. As a member of this team you will take on highly visible work with broad impact across financial reporting regulatory compliance inforce management and business strategy.
The Impact
As an Actuary you will serve as a technical leader for valuation methodology modeling and financial analysis across Long-Term Care Combo and Supplemental Health products. You will lead complex work independently strengthen valuation frameworks and controls and partner across actuarial finance risk and product teams to deliver insights that support accurate reporting sound governance and strategic decision-making.
  • Lead the design enhancement and governance of valuation methodologies for Long-Term Care Combo and Supplemental Health products across statutory GAAP and tax frameworks.
  • Own complex actuarial models and analyses including model development validation documentation and ongoing enhancements that improve scalability controls and accuracy.
  • Interpret and communicate financial results emerging experience and methodology impacts to actuarial and non-actuarial stakeholders in a clear actionable way.
  • Partner with pricing finance risk and product teams to support assumption governance new product development and strategic business decisions.
  • Drive continuous improvement by modernizing processes strengthening controls and identifying opportunities to improve efficiency and insight generation.
  • Serve as a subject matter expert and trusted partner on highly visible projects regulatory change and key valuation initiatives.

Minimum Qualifications
  • Bachelor's degree in Actuarial Science Mathematics Statistics or a related field
  • ASA designation
  • 5+ years of actuarial experience in valuation financial reporting or related actuarial functions.
  • 3+ years of experience working in actuarial modeling software (e.g. AXIS) and data tools (SQL Python preferred)
  • 3+ years of experience with product specifications valuation regulations modeling assumptions inforce policy data

The Ideal Qualifications
  • FSA designation
  • Executive presence and strong communication skills with the ability to influence technical and non-technical stakeholders.
  • Experience with Long-Term Care Combo Supplemental Health or other complex health products.
  • Expertise in model governance data management and controls in a production valuation environment.
  • A track record of modernizing processes and strengthening actuarial infrastructure.
  • Ability to build trusted partnerships across actuarial finance risk and product teams.
  • Experience interpreting and explaining financial results for highly visible valuation or cash flow testing work.
  • Demonstrated accountability and ownership of long-term independent projects
  • Ability to translate complex actuarial concepts into actionable insights for stakeholders

What You Can Expect at MassMutual
MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role you can expect:
  • Clear areas of ownership and accountability with work that connects directly to company and customer outcomes
  • A collaborative environment where perspectives are welcomed
  • Access to learning development and internal networks that support continuous growth and skill-building over time
  • Employee-led communities and forums that foster connection learning and inclusion across the organization
  • A culture grounded in integrity responsibility and stewardship-supported by a company with a strong legacy and a future-focused mindset

#LI-ST1
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
If you need an accommodation to complete the application process please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA) please visit our California Consumer Privacy Act Disclosures page.
Salary Range: $144800-$190000

Skills Required

  • Bachelor's degree in Actuarial Science Mathematics Statistics or related field
  • ASA designation
  • 5+ years of actuarial experience in valuation financial reporting or related actuarial functions
  • 3+ years of experience with actuarial modeling software (e.g. AXIS)
  • Experience with data tools; SQL and Python preferred
  • 3+ years of experience with product specifications valuation regulations modeling assumptions and inforce policy data
  • FSA designation
  • Experience with Long-Term Care Combo Supplemental Health or other complex health products
  • Expertise in model governance data management and controls in a production valuation environment
  • Experience modernizing processes and strengthening actuarial infrastructure
  • Strong communication and ability to translate actuarial concepts for stakeholders
  • Demonstrated accountability and ownership of long-term independent projects

What the Team is Saying

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The Company
HQ: Springfield MA
6000 Employees
Year Founded: 1851

What We Do

Since 1851 MassMutual’s commitment has always been to help people protect their families support their communities and help one another. This is why we want to inspire people to Live Mutual. We’re people helping people. Together we’re stronger.

Why Work With Us

MassMutual has the financial security and stability of a 170+ year old company with the culture and energy of a startup. We work every day with the customer front of mind to build the best digital experience in the industry.

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MassMutual Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We believe in capitalizing on the best of being together in our offices as well as personal flexibility. Our workplace philosophy puts office collaboration first combined with flexibility to work remotely.

Typical time on-site: 3 days a week
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HQSpringfield MA
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Boston MA
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New York NY
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Date Posted

06/07/2026

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