Lead Life Pricing Actuary

The Opportunity
As a Life Pricing Lead you will work on the development and pricing of our Whole Life, Term, and combination products. You will work in a collaborative environment and partner with several different stakeholders spanning from sales and distribution to corporate actuarial. You will have the opportunity to lead and coach a small team working on profitability and pricing projects. This is a highly visible and influential role working with the core suite of Life products at a leading mutual life insurance company.
The Team
The Life Pricing team is a motivated group of actuaries and quantitative consultants who develop innovative products and pricing methodologies across a broad suite of Life products. In this role you will interact with the Life Product team, as well as the sales, distribution, reinsurance, valuation, and corporate oversight teams.
The Impact:

• Lead the pricing of new and existing Life insurance products
• Collaborate with distribution, reinsurance, risk management, and corporate actuarial to price products within our risk tolerance while balancing competitiveness and profitability
• Ownership of the pricing and profitability models utilized by the Life Product team
• Influence and provide key contributions to ongoing business strategy and growth
• Lead the pricing review and approval process with both the corporate actuarial and product teams
• Lead other ad hoc actuarial projects for our Life products as needed

The Minimum Qualifications

• An accomplished FSA or ASA
• Member in good standing of the American Academy of Actuaries
• Experience with developing and maintaining actuarial models, either in actuarial software or bespoke models (i.e. Axis, Prophet, Python, R, VBA)
• 8+ years experience in actuarial roles
• Disciplined approach to strategic initiatives, business projects, and day-to-day activities
• Demonstrated ability to effectively manage and deliver on multiple concurrent deliverables
• Ability to lead and influence others and drive engagement on large projects with multiple functional areas

The Ideal Qualifications

• 5+ years experience in Life pricing and product development
• 12+ years experience in actuarial roles
• Demonstrated success dealing with both complexity and ambiguity, with ability to explore multiple solutions to a problem
• Ability to analyze and comprehend complex information, as well as convey complex materials to non-technical audiences
• Demonstrated ability to execute strategic initiatives, business projects, and day-to-day activities simultaneously.
• Experience with programming languages such as Python, R or equivalent

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MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
Salary Range: $156,000.00-$204,700.00