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Role Summary

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HIGHLIGHTS

Leadership role in MassMutual's Institutional Solutions segment, overseeing pricing assumption development, model ownership, product development, and in-force analytics for BOLI, COLI, and ICOLI products. Managing a team of actuaries and quantitative consultants, the role partners with sales, operations, and key business functions to drive profitable growth while ensuring compliance with governance frameworks. Based in Boston, MA or Springfield, MA.

JOB DESCRIPTION SUMMARY

  • Lead pricing, product development, and in-force analytics for institutional life insurance (BOLI/COLI/ICOLI)
  • Manage a team of actuarial and quantitative consultants
  • Partner with sales and operations on new business and complex onboarding
  • Own pricing models, assumptions, and rate setting within governance framework
  • Hybrid role based in Boston or Springfield, MA

DOMAIN EXPERTISE

  • Life insurance pricing and product development
  • Cash value life insurance products (BOLI, COLI, ICOLI)

KEY REQUIREMENTS

  • ASA or FSA with 10+ years of actuarial experience
  • 3+ years in life insurance pricing or product development
  • 3+ years in an actuarial leadership role
  • Experience with cash value life insurance (BOLI/COLI/ICOLI preferred)
  • Strong people leadership and stakeholder management skills

TECH STACK

  • No tech stack specified
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Role Summary

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HIGHLIGHTS

Leadership role in MassMutual's Institutional Solutions segment, overseeing pricing assumption development, model ownership, product development, and in-force analytics for BOLI, COLI, and ICOLI products. Managing a team of actuaries and quantitative consultants, the role partners with sales, operations, and key business functions to drive profitable growth while ensuring compliance with governance frameworks. Based in Boston, MA or Springfield, MA.

JOB DESCRIPTION SUMMARY

  • Lead pricing, product development, and in-force analytics for institutional life insurance (BOLI/COLI/ICOLI)
  • Manage a team of actuarial and quantitative consultants
  • Partner with sales and operations on new business and complex onboarding
  • Own pricing models, assumptions, and rate setting within governance framework
  • Hybrid role based in Boston or Springfield, MA

DOMAIN EXPERTISE

  • Life insurance pricing and product development
  • Cash value life insurance products (BOLI, COLI, ICOLI)

KEY REQUIREMENTS

  • ASA or FSA with 10+ years of actuarial experience
  • 3+ years in life insurance pricing or product development
  • 3+ years in an actuarial leadership role
  • Experience with cash value life insurance (BOLI/COLI/ICOLI preferred)
  • Strong people leadership and stakeholder management skills

TECH STACK

  • No tech stack specified

Head of Institutional Insurance Product & Actuarial

MassMutual

Life/Insurer/Director Level
MassMutual

Head of Institutional Insurance Product & Actuarial

MassMutual
Springfield, Massachusetts, United States•1mo ago
HybridIndividual Life ProtectionLife Annuity Other

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Job Overview

Salary
Salary not specified
Years of Experience
10+ Years
Work Type
Permanent
Full Time

Acturhire Base Salary Estimate

Typical range
$191k - $226k

25th and 75th percentiles

Confidence
95/100
Supporting jobs
140comparable jobs
Unlock full breakdown with Pro

Ideal Candidate Profile

Ideal for a seasoned FSA or ASA with 10+ years of actuarial experience, including 3+ years in life insurance pricing or product development and prior actuarial leadership. Expertise with cash value life products (BOLI/COLI/ICOLI) and strong people management skills are essential.

ASAFSA

Benefits

Shortlist Forming
Closing Soon
45d
45 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

Job Overview

Salary
Salary not specified
Years of Experience
10+ Years
Work Type
Permanent
Full Time

Acturhire Base Salary Estimate

Typical range
$191k - $226k

25th and 75th percentiles

Confidence
95/100
Supporting jobs
140comparable jobs
Unlock full breakdown with Pro

Ideal Candidate Profile

Ideal for a seasoned FSA or ASA with 10+ years of actuarial experience, including 3+ years in life insurance pricing or product development and prior actuarial leadership. Expertise with cash value life products (BOLI/COLI/ICOLI) and strong people management skills are essential.

ASAFSA

Benefits

Shortlist Forming
Closing Soon
45d
45 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."