Senior Actuary - Pension Risk Transfer Pricing

Massachusetts Mutual Life Insurance Company; Boston (MA); On-site; USD 145,000 - 190,000; Full time

Job summary

MassMutual in Boston seeks an experienced Actuary to join the Pension Risk Transfer Pricing team. You will apply actuarial and pricing expertise to complex pension transactions, supporting US Pension Risk Transfer and UK longevity reinsurance pricing, underwriting, and proposal development.

You will collaborate with Pricing, Product, and Corporate teams to inform decisions and drive growth. The role requires 5+ years in actuarial/financial analysis, a strong pricing background, and ASA

Qualifications

• Bachelor’s degree in actuarial science, mathematics, statistics, finance, or related discipline.
• 5+ years of experience in an actuarial, quantitative, or financial analysis role, including pricing, valuation, modeling, risk analysis or related analytical work.
• ASA Designation

Responsibilities

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

Skills

Actuarial pricing

Pricing analysis

Underwriting

Education

Bachelor's degree in actuarial science/ mathematics/ statistics/ finance

ASA Designation

Job description

MassMutual in Boston seeks an experienced Actuary to join the Pension Risk Transfer Pricing team. You will apply actuarial and pricing expertise to complex pension transactions, supporting US Pension Risk Transfer and UK longevity reinsurance pricing, underwriting, and proposal development.

You will collaborate with Pricing, Product, and Corporate teams to inform decisions and drive growth. The role requires 5+ years in actuarial/financial analysis, a strong pricing background, and ASA