Actuary Stable Value

Job Description

Actuary

Stable Value

Full-Time

Boston, MA or Springfield, MA

The Opportunity

The Institutional businesses are growing and represent a key component of the company’s business strategy.  As a Product Manager, you will focus on product management, development, pricing, underwriting and risk analysis.  This role will require combining technical investment / actuarial / product skills with influence, collaboration, and effective communication with internal business and operational teams, corporate and other MassMutual functions, as well as interaction with external clients and intermediaries.

The Team

The Stable Value Product Team provides insights into the evaluation of new opportunities and the risk characteristics of our in-force business.

The Impact

The Institutional businesses are growing and represent a key component of the company’s business strategy.  As a Product Manager, you will focus on product management, development, pricing, underwriting and risk analysis.  This role will require combining technical investment / actuarial / product skills with influence, collaboration, and effective communication with internal business and operational teams, corporate and other MassMutual functions, as well as interaction with external clients and intermediaries.  Specific responsibilities include :

• Own the review of and decision making related to plan underwriting information for new sales opportunities
• Evaluate and implement existing client stable value contract modification requests, in partnership with legal team as approved
• Lead and contribute to projects related to product changes and new product offerings including pricing, contracts, filing, and risk assessment
• Reviewing stable value investment portfolios
• Building and maintaining pricing and risk analysis models
• Determine new business and in-force crediting rates for stable value contracts
• Analysis of risks and underwriting considerations and participating in contract negotiations
• Performing experience studies and setting assumptions
• Presenting complex analyses and concepts to executive management
• Soliciting and analysis of competitive data
• Influencing and contributing to ongoing business strategy and growth

The Minimum Qualifications

The Ideal Qualifications

Make clear and consistent decisions

What to Expect as Part of MassMutual and the Team

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MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.