MassMutual
MassMutual
5,001 – 10,000 Employees
FinanceFintechInsurance
MassMutual is a financial services and insurance company that helps individuals, businesses, and financial professionals plan for long-term financial security. Its offerings include life, disability income, and long-term care insurance, along with annuities, investment products, retirement planning, brokerage services, and financial planning tools. Founded in 1851, the company combines insurance protection with wealth and retirement solutions, while highlighting financial strength, responsible governance, sustainability, diversity, and community impact. Its broad business supports teams working across insurance, finance, fintech, investment services, and related corporate functions.

Actuary, Longevity Products — Springfield, MA (Hybrid)

Analyze mortality, profitability, and in-force performance for MassMutual’s UK longevity reinsurance and US pension risk transfer businesses. Maintain pricing models and support actuarial governance.

Description

  • Lead case-specific mortality experience studies for UK longevity reinsurance and pension risk transfer businesses
  • Assess UK longevity in-force performance through profitability analysis, experience reporting, and management dashboards
  • Produce actionable actuarial insights for business decisions
  • Develop and improve in-force management, reporting, and analytical frameworks for the US pension risk transfer business
  • Maintain and enhance the UK longevity reinsurance pricing model
  • Support model and assumption governance through documentation, controls, and validation
  • Work with Finance, Enterprise Risk Management, and business leaders to assess performance, communicate actuarial findings, and advance strategic initiatives

Requirements

  • Bachelor’s degree in actuarial science, mathematics, statistics, finance, economics, or a related discipline
  • Associate of the Society of Actuaries (ASA) designation
  • At least five years of actuarial experience developing, maintaining, or improving actuarial models and analytical tools
  • Fellow of the Society of Actuaries (FSA) designation preferred
  • Background in pension risk transfer, longevity reinsurance, annuities, or retirement products preferred
  • Experience with mortality studies, assumption development, or assumption governance preferred
  • Experience supporting model governance, validation, controls, or documentation preferred
  • Proficiency in R, VBA, Power BI, or comparable analytical and reporting tools preferred
  • Experience creating dashboards, visualizations, or management reports preferred
  • Experience presenting analytical conclusions and recommendations to business leaders and nontechnical stakeholders preferred

Benefits

  • Incentive and bonus opportunities
  • Learning, professional development, and internal networking opportunities
  • Employee-led communities and forums that foster connection, learning, and inclusion
  • Inclusive, vibrant, and diverse workplace culture
  • Competitive pay and benefits
  • Application-process accommodation support

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