Actuarial Product Oversight Consultant

Actuarial Product Oversight Consultant – Mass Mutual

Full‑time | Boston, MA or Springfield, MA or New York, NY

Mass Mutual is seeking an enthusiastic, well‑rounded, and motivated actuary to join the Product Pricing & Assumptions Oversight team within the broader Corporate Actuarial (CA). In this role, you will contribute to the pricing and assumptions oversight of all Mass Mutual insurance products and will partner with pricing teams across business units.

The Product Pricing & Assumptions Oversight function is part of the Corporate Actuarial team. This team ensures oversight of pricing, product development, and assumptions across all product areas. The group works collaboratively internally and with product teams to align all product development and management with Mass Mutual’s strategic goals and objectives.

• Leverage technical expertise to provide value‑added support and guidance for all actuarial aspects of new product development and in‑force product re‑pricings (assumptions, pricing methodologies, and profitability).
• Support the analysis and maintenance of major elements of Actuarial Pricing Review, including metric setting, target/hurdle rates, mix of business, and capital allocation.
• Monitor and analyze sales, emerging experience, profitability, and risk exposures of the company’s new and in‑force products, including analysis and reporting of value‑of‑new‑business metrics used for management decision making.
• Enforce corporate guidelines and governance processes with respect to product pricing, re‑pricings, and assumptions oversight.
• Stay abreast of emerging regulations that impact applicable aspects of products being priced and related actuarial work.
• Participate on selected corporate projects and initiatives.
• Demonstrate clear verbal and written communication, strong collaboration, and partnership with business partners, and agility in balancing multiple work efforts.

• ASA or FSA designation.
• Bachelor’s Degree or higher in Actuarial Science, Accounting, Business, Economics, Finance, or Mathematics.
• 5+ years of life and annuity experience, preferably in the U.S. market, in areas such as pricing, valuation, reinsurance, and/or capital management.

• Solid knowledge of actuarial and risk management concepts and practices; experience quantifying, analyzing, and managing a range of product risks.
• Self‑motivated and independent with strong analytical, critical thinking, and problem‑solving skills; comfortable dealing with complexity and ambiguity, and able to explore multiple solutions.
• Effective time management, planning, and organization skills.
• Strong interpersonal, communication, and influencing skills: ability to convey complex issues, explain methodologies, and influence resolutions in writing and orally.
• Ability to rapidly respond to changes in direction, tight deadlines, and high‑pressure situations.

• Regular meetings with the Product, Pricing, and Assumptions Oversight Team.
• Focused one‑on‑one meetings with your manager.
• Networking opportunities including access to business resource groups focused on Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran, and disability communities.
• Access to learning content on Degreed and other informational platforms.
• Your ethics and integrity will be valued by a company with strong and stable ethical business practices and industry‑leading pay and benefits.

Mass Mutual is an equal employment opportunity employer. We welcome all individuals to apply.

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

California residents:
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