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Role Summary

Role type

Pricing partner to underwriting

Closer to a pricing-underwriting partnership than a modelling-heavy IC role because decisions are shaped through live program oversight and cross-functional business judgment.

Senior Life pricing and profitability actuarial role in Boston, Massachusetts, supporting MassMutual’s individual life insurance portfolio. You’ll evaluate underwriting programs, monitor emerging experience, analyze profitability and risk indicators, and support product pricing while partnering with Underwriting, Medical, New Business, and Product teams.

Requirements

Must have

  • ASA designation
  • 5+ years of actuarial experience in pricing, experience studies or related functions
  • 1+ years of experience with life insurance products
  • 2+ years of experience with actuarial models
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field

Strongly preferred

  • FSA Designation
  • Ability to interact with technical and non-technical audiences at all levels
  • Strong interpersonal and communication skills
  • Ability to use a disciplined work approach to initiatives and projects
  • Ability to work cross-functionally and reconcile competing priorities
  • Sound business judgment in a changing environment
  • Comfort with complexity and ambiguity

Nice to have

  • Experience with accelerated underwriting programs
  • Experience with Power BI, experience studies and data management
  • Life insurance pricing experience and exposure to coding/programming

Skills & Domain

ToolsPower_BI
DomainLife insurance pricingAccelerated underwriting programsExperience studies

Product Management and Pricing Actuary

MassMutual

Life/Insurer/Manager Level
MassMutual

Product Management and Pricing Actuary

MassMutual

Boston, Massachusetts, United States · Today

Individual Life Protection
Salary
$147k - $163kest.
Experience
5+ Years

Job Overview

Salary
Salary not specified
Experience
5+ Years

Acturhire Base Salary Estimate

Typical range
$147k - $163k

25th and 75th percentiles

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

Ideal Candidate Profile

Ideal for a Senior Life actuary with an ASA, 5+ years of pricing or experience studies experience, and exposure to life insurance products. Strong candidates will combine actuarial modelling and profitability analysis with cross-functional communication and sound judgment in ambiguous situations.

ASA

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