Closer to a modelling-heavy IC role than a reserving cycle role because model stewardship and infrastructure depth outweigh routine reporting cadence.
Associate Life actuarial modeling role on MassMutual’s Life Valuation Modeling team, based in Springfield, MA, New York, NY, or Boston, MA. You’ll use AXIS to support statutory, GAAP/LDTI, and tax valuation for individual life products, including model updates, cash flow testing, financial reporting, and governance.
Requirements
Strongly preferred
Bachelor's degree in actuarial science, mathematics, statistics, data science, computer science, engineering, or related quantitative field
ASA designation
4+ years of actuarial experience within insurance, financial services, or related quantitative field
1+ years of experience with Axis
Nice to have
FSA designation
4+ years of experience with Axis, including model leadership or stewardship roles
Demonstrated accountability and ownership of long-term independent projects
Proficient with Axis features such as DataLink, investment cells, scenario files, and embedded block processing
Understanding of modeling infrastructure such as ELink, GridLink, and output databases
Expertise with identifying multiple solutions to a problem, and developing collaborative solutions to software limitations
Ability to estimate resource requirements and set expectations with key stakeholders for highly visible projects
Experience with Principle-Based Reserves, valuation regulations, product design, modeling assumptions, and inforce policy data
Proficient with model-supported software such as MS Excel and SQL
Strong math, analytical and collaboration skills
Strong communication skills, both written and verbal