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MassMutual · 2 months ago

Actuary - Institutional Insurance Product & Pricing

HARTFORD, CT

Full-time

Onsite

Senior Level

5+ years exp

MassMutual is a leading financial services company, and they are seeking an Actuary to join their Institutional Insurance product and pricing team. The role focuses on pricing, product development, and risk management for bank-owned and corporate-owned life insurance products, ensuring competitive offerings while achieving profitable growth.

FinanceFinancial ServicesInsuranceLife InsuranceRetirement

H1B Sponsor Likely

Responsibilities

Supporting and leading projects related to product changes and new product offerings including pricing, filing, operational testing and risk assessment

Building and maintaining pricing and risk analysis models

Pricing and reviewing private placement COLI pricing quotes

Lead pricing reviews and approval process with Corporate Actuarial, Enterprise Risk Management, and other stakeholders

Determine new business and in-force crediting rates

Develop or coordinate appropriate experience assumptions for BOLI/COLI products

Provide leadership in the design and implementation of management tools to monitor in-force experience

Partner with Corporate Oversight, Enterprise Risk Management and other areas to establish appropriate risk tolerances, monitor results, and recommend risk mitigation actions

Influence and contribute to ongoing business strategy and growth

Comply with Actuarial Standards of Practice, Code of Professional Conduct and company standards

Qualification

Fellow of the Society of ActuariesActuarial experienceProduct pricingMicrosoft ExcelMoody’s AxisAnalytical skillsCommunication skillsTime managementCritical thinkingLeadership

Required

Bachelor's degree in Mathematics, Finance, or Computer/Data Science, Actuarial Science or related field

Fellow of the Society of Actuaries (FSA)

5+ years of actuarial experience

Preferred

5+ years of actuarial experience with a focus on Life Insurance

Experience with product pricing & product development

Proficiency with Microsoft Excel and Moody's Axis

Detail oriented, innovative, self-motivated, and independent with strong analytical, critical thinking, and actuarial skills

Effective time management, planning and organization skills

Excellent interpersonal and communication skills (written, verbal, presentation)

Ability to independently drive and lead cross-functional products

Ability to convey complex issues, explain methodologies, and influence resolutions in writing and orally to a variety of audiences

Ability to effectively manage and deliver on multiple concurrent deliverables

Company

MassMutual

Glassdoor3.9

MassMutual is a mutual life insurance company that provides investment management and trust services.

Founded in 1851

Springfield, Massachusetts, USA

5001-10000 employees

https://www.massmutual.com/

H1B Sponsorship

MassMutual has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (96)

2024 (94)

2023 (66)

2022 (115)

2021 (121)

2020 (73)