Actuary – Pension Risk Transfer Pricing Expert

Jobtome; Springfield (MO); On-site; USD 120,000 - 190,000; Full time

Job summary

MassMutual seeks an experienced Actuary to join the Pension Risk Transfer team within Institutional Solutions. You will apply pricing, valuation and underwriting expertise to US PRT and UK longevity reinsurance opportunities, contribute to proposals, product enhancements and contracts, and collaborate with actuarial, investments and business development teams.

The role emphasizes building models, evaluating risks, and delivering insightful analyses to influence pricing decisions and business

Qualifications

• Bachelors degree in actuarial science or related field.
• ASA designation or equivalent prestigious actuarial credential.
• Experience in pricing, valuation, modeling or risk analysis is required.

Responsibilities

• Pricing of US Pension Risk Transfer and UK longevity reinsurance opportunities.
• Underwriting and development of proposals of new business.
• Risk analyses and product development & modifications including contract and certificate reviews of group annuity products.
• Collaborate with Pricing, Product, and Corporate teams on approvals, assumptions, pricing processes, and exceptions.
• Modify pricing models and conduct sensitivity testing.
• Solicit & analyze competitive data and develop relationships with consultants and advisors.
• Actuarial projects supporting the Pension Risk Transfer business.

Skills

Actuarial pricing

Pricing analytics

Stakeholder communication

Education

Bachelors degree in actuarial science, mathematics, statistics, finance, or related discipline

ASA Designation

Job description

MassMutual seeks an experienced Actuary to join the Pension Risk Transfer team within Institutional Solutions. You will apply pricing, valuation and underwriting expertise to US PRT and UK longevity reinsurance opportunities, contribute to proposals, product enhancements and contracts, and collaborate with actuarial, investments and business development teams.

The role emphasizes building models, evaluating risks, and delivering insightful analyses to influence pricing decisions and business