Product Pricing Actuary- Product & Pricing Department

New Product Pricing Actuary, Product and Pricing Department (Full Time, Cincinnati, Ohio)

Reports to:

Sam Toepfer, AVP, Head of New Product Pricing.

Mass Mutual Ascend is a leading provider of annuities, committed to offering innovative products that fit customers’ unique needs – whether it’s protecting their savings, providing guaranteed income, or planning for loved ones. Mass Mutual Ascend is proud to offer customers a level of strength and stability they can count on for years to come.

• Price and assist in the development of new annuity products (Fixed, Fixed Indexed and Registered Index-Linked) and riders (Income and Death Benefit).
• Translate complex pricing concepts/analysis into simplified, easy to understand results.
• Assess risks associated with annuity products/riders and analyze mitigants for those risks.
• Review new strategies and their potential impacts on pricing returns and renewal rates.
• Build detailed, comprehensive pricing models based on product design.
• Balance pricing granularity vs. efficiency; balance detail with realistic best practice.
• Demonstrate results are in line with corporate standards.
• Anticipate internal / external business challenges and/or regulatory issues.
• Manage and/or oversee work of one actuarial analyst.
• Collaborate with the New Product Pricing Lead.
• Collaborate across Mass Mutual Ascend Product and Pricing, Enterprise Risk Management, Financial Actuarial, Finance, Sales, Marketing, Legal and IT;
  Mass Mutual Corporate Actuarial and Business Analytics, Enterprise Risk Management and Investment Management; and third‑party relationships such as reinsurers.

• Career ASA, pursuing FSA or FSA.
• At least 7 years of experience.
• Working knowledge of annuity pricing, including STAT accounting.
• Experience with actuarial projections and analysis of Fixed Indexed Annuities and Registered Index‑Linked Annuities.
• Experience with actuarial projection software.
• Strong analytic skills.
• Solid communication and interpersonal skills.
• Attention to detail and ownership of results.
• Experience with Prophet modeling software.
• Extensive knowledge or pricing experience with Registered Index‑Linked Annuities, Fixed Indexed Annuities, and Fixed Deferred Annuities.
• Supervisory experience.

• Focused one‑on‑one meetings with your manager.
• Focused one‑on‑one meetings with your direct report.
• Ongoing opportunities for development and learning.
• Working in a fast‑paced environment with available flexible work schedules.
• A place to grow your career in a culture that inspires, rewards and develops employees.
• Small company feel with a focus on meeting customer’s needs today and also well into the future.

Your total compensation package includes either a bonus target or a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

Mass Mutual Ascend Life Insurance Company is an Equal Employment Opportunity employer. We welcome all persons to apply.