Closer to a modelling-heavy IC role than a routine reserving cycle role because AXIS model development and stewardship are more prominent than recurring close production.
Associate Life actuarial role in MassMutual’s Life Valuation Modeling team, based in New York, Springfield, or Boston. You’ll use AXIS to support statutory, GAAP/LDTI, and tax valuation for individual life products, including cash flow testing, model updates, reporting, and governance. The role suits an ASA with at least four years of actuarial experience and AXIS exposure.
Requirements
Strongly preferred
Bachelor's degree in actuarial science, mathematics, statistics, data science, computer science, engineering, or a related quantitative or technical field
ASA designation
4+ years of actuarial experience within insurance, financial services, or a 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 communication skills, both written and verbal
Ability to build and maintain strong working relationships across cross-functional groups
