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.

MassMutual Pension Risk Transfer Pricing Actuary

Price US pension risk transfer and UK longevity reinsurance transactions at MassMutual. Support underwriting, modeling, risk analysis, and product development.

Description

  • Price US pension risk transfer and UK longevity reinsurance opportunities.
  • Underwrite new business and prepare proposals.
  • Assess risk and develop or modify products.
  • Review group annuity contracts and certificates.
  • Coordinate with Pricing, Product, and Corporate teams on approvals, assumptions, pricing processes, and exceptions.
  • Update pricing models and run sensitivity tests.
  • Gather and evaluate competitive data.
  • Build and maintain relationships with consultants and advisors.
  • Deliver actuarial projects for the Pension Risk Transfer business.
  • Work with actuarial, investment, valuation, business development, internal operations, and corporate teams.

Requirements

  • Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related field.
  • At least five years of experience in actuarial work, quantitative analysis, or financial analysis.
  • Experience in pricing, valuation, modeling, risk analysis, or related analytical work.
  • Associate of the Society of Actuaries (ASA) designation.
  • Knowledge of pensions, retirement, pension risk transfer, or longevity reinsurance is an advantage.
  • Ability to manage and deliver multiple projects at the same time.
  • Ability to interpret complex information and explain it to nontechnical audiences.
  • Strong analytical, critical-thinking, and problem-solving abilities.
  • Excellent interpersonal and communication skills.
  • An advanced business degree and/or professional qualifications are preferred.

Benefits

  • Incentive and bonus opportunities.
  • Learning and professional development opportunities.
  • Access to internal networks for continued growth and skills development.
  • Employee-led communities and forums that support connection, learning, and inclusion.
  • Competitive pay and benefits.
  • An inclusive, vibrant, and diverse workplace culture.
  • Support with accommodations during the application process.

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