Closer to a modelling-heavy IC role than a routine reserving cycle role because model stewardship and structural improvements outweigh standard reporting production.
Associate Life actuarial role on MassMutual’s Life Valuation Modeling Team, based in Springfield, Massachusetts, New York, or Boston. You’ll use AXIS to support statutory, GAAP/LDTI, and tax valuation for individual life products, lead complex modeling projects, explain results, and support model governance. The role requires an ASA and at least four years of actuarial experience.
Requirements
Must have
Bachelor's degree in actuarial science, mathematics, statistics, or related quantitative field
ASA designation
4+ years of actuarial experience within insurance, financial services, or related field
1+ years of experience with AXIS
Strongly preferred
4+ years of experience with AXIS including model leadership or stewardship roles
Proficient with AXIS features such as DataLink, investment cells, scenario files, embedded block processing
Experience with Principle-Based Reserves, valuation regulations, product design, modeling assumptions, and inforce policy data
Proficient with MS Excel and SQL
Strong math, analytical and collaboration skills
Strong communication skills, both written and verbal
Accountability and ownership of long-term independent projects
Ability to estimate resource requirements and set expectations for highly visible projects
Nice to have
FSA designation
Understanding of modeling infrastructure such as ELink, GridLink, and output databases
Continuous improvement mindset
Skills & Domain
ToolsExcel
DomainLife insurance valuation and financial reporting