Strategic Director, Life Products Valuation & Reporting

MassMutual; Boston (MA); On-site; USD 180,000 - 260,000; Full time

Job summary

MassMutual seeks a Director of Life Products Financial Reporting to lead the actuarial valuation and financial reporting for all life products. Based in Boston, MA or Springfield, MA, you will guide a team of actuarial and quantitative professionals and partner with internal stakeholders to deliver accurate, timely insights.

You will drive continuous improvement of valuation capabilities, manage performance, and develop talents within the Valuation department, while ensuring compliant governance

Qualifications

• Bachelor’s Degree or higher
• Fellow of the Society of Actuaries
• 5 years’ actuarial experience in valuation and reporting, and/or in life pricing, assumptions development, risk management
• 3 years’ exposure to valuation regulations and financial statements under US Statutory and GAAP reporting

Responsibilities

• Oversee monthly/quarterly analysis and reporting of US Stat and GAAP reserves, other actuarial items.
• Ensure effective application of valuation governance framework for monthly/quarterly responsibilities, including process efficiency, control effectiveness, new product implementation, , etc.
• Ensure accurate and timely delivery of annual actuarial exhibit filings, as well as ad-hoc regulatory inquiries on valuation matters.
• Lead quantitative analysts to continue the transformation of data management and valuation processes, perform data production work, as well as completing financial exhibits and industry/rating agency surveys.
• Drive thought process and implement reserve movement and attribution analytics, delivering business insights to management and stakeholders

Skills

Leadership

Valuation expertise

Communication skills

Team management

Strategic thinking

Education

Bachelor’s Degree or higher

Fellow of the Society of Actuaries

Job description

MassMutual seeks a Director of Life Products Financial Reporting to lead the actuarial valuation and financial reporting for all life products. Based in Boston, MA or Springfield, MA, you will guide a team of actuarial and quantitative professionals and partner with internal stakeholders to deliver accurate, timely insights.

You will drive continuous improvement of valuation capabilities, manage performance, and develop talents within the Valuation department, while ensuring compliant governance