Head of Actuarial Expense Strategy

• Delivering various Unit Expense Factor studies and assumptions used in critical business and regulatory deliverables including Cash Flow Testing and PBR dividends Illustration Regulation Testing and pricing expenses
• Providing subject matter expertise on expense allocations and implications of resulting allocations across products and distribution channels including regularly monitoring and reporting on gaps between actual and priced for expenses
• Reviewing and proposing distribution management allowances for use in product pricing and distribution-based P&Ls
• Developing vision for and executing on efforts to evolve current tools data pipelines reporting and processes to modern approaches driving greater insights and capacity to undertake additional/deferred analysis
• Ad Hoc Strategic Support (e.g. M&A reinsurance etc.)
• Collaborate across teams to solve complex problems and drive strategic outcomes

• Bachelor's degree in Mathematics Actuarial Science Finance Computer/Data Science or related quantitative field
• 10+ years of experience as an actuary or senior quantitative professional in insurance risk or financial services
• Strong actuarial foundation demonstrated through professional credentialing or sustained application of actuarial methodologies in complex business environments

• Associate or Fellow of the Society of Actuaries (ASA or FSA) strongly preferred
• Member of the Academy of Actuaries a plus
• Deep understanding of insurance products accounting and profitability across multiple lines of business and distribution channels
• Highly effective communicator both written and verbal comfortable presenting to all levels of the organization as well as technical and non-technical audiences and skilled in creating simple powerful and data-driven communications
• Strategic thinker who can apply strong actuarial and quantitative skillset to analyze a wide range of business problems draw out insights and implications from complex data sets and distill key conclusions into a story that drives understanding and action
• Ability to generate impact as a trusted advisor by maintaining the ability to see the big picture in inherently complex and dynamic situations and influence decision-making across senior stakeholders demonstrating a strong sense for value in both prioritizing and solving problems
• Comfortable with ambiguity and complexity; willingness to explore multiple solutions to a problem; ability to work independently with little direction/oversight while setting direction and priorities for others
• Self-motivated and driven self-starter with demonstrated ownership for driving initiatives from concept through execution
• Able to build and maintain strong working relationships and effectively collaborate across cross-functional groups while leading and developing high-performing actuarial or quantitative professionals
• Demonstrated ability to harness and deploy modern technologies (i.e. Excel SQL Alteryx Python etc.) including generative AI to enhance processing manipulation validation and analysis of large amounts of data and drive modernization of tools data pipelines and reporting

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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