Head of Institutional Insurance Product & Actuarial

• Coach and develop a team of actuarial and/or quantitative consultant roles.
• Oversee custom pricing to support achievement of sales goals and profitability metrics while continuously monitoring and improving key performance indicators
• Partner with the MassMutual Sales Team in pursuit of new business and with Operations for complex case onboarding or post issue service conversations.
• Oversee rate setting of certain products in accordance with our policy and MassMutual's Nonguaranteed Elements framework
• Ownership of pricing model development maintenance and pricing methodology for Institutional Insurance pricing.
  • Socialize changes with and where necessary obtain approvals from key partners including product oversight investment management legal reinsurance accounting and treasury.
  • Ensure compliance with Model Governance and Product Pricing and Assumption Oversight processes.
• Ownership and for select assumptions (e.g. lapses) shared ownership of Institutional Insurance assumption development maintenance and socialization of key business assumptions.
  • Ensure compliance with Experience Studies and Assumptions Governance (ESAG).
• Solicit & analyze competitive data and industry assumptions.
• Develop and monitor in-force analytics providing insights to market leader and for consideration in maintenance of key pricing assumptions.
• Partner with the Institutional Insurance market leader for new product development including project ownership as well as product pricing and approvals.
• Influence and contribute to ongoing business strategy and growth.
• Develop and maintain strong relationships with key business partners including product oversight enterprise risk management model governance and assumption governance.
• Apply a continuous improvement mindset to existing processes to progress decision making timelines increase speed of quoting automate manual processes and evolve our data analytics for the business.

• An accomplished ASA or FSA with 10+ years of actuarial experience in pricing experience studies or product development.
• 3+ years of experience with life insurance products.

• 3+ years' experience in an actuarial leadership role.
• Experience in pricing design and development of cash value life insurance products ideally BOLI COLI or ICOLI products.
• Demonstrated ability to lead in a fast-paced evolving environment while managing multiple priorities with strong ownership and urgency.
• Proven track record of delivering results with high accountability and sound outcome-focused decision-making.
• Demonstrates continuous improvement success through decision making timeline or efficiency improvements
• Commitment to fostering an inclusive transparent and collaborative work environment.
• Strong people leadership experience with ability to develop coach and delegate to build team capability.
• Effective stakeholder management skills with demonstrated ability to influence and partner to achieve shared goals.
• Ability to synthesize complex information and communicate insights clearly to non-technical audiences.
• Comfort operating in ambiguity and complexity with experience evaluating trade-offs and driving solutions.
• Strong analytical critical thinking and problem-solving skills with high attention to detail and quality.
• Strong grasp of actuarial concepts including the ability to quickly and independently evaluate and model new products.

• 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

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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