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Product Management and Pricing Actuary

MassMutual

Life/Insurer/IC Level
MassMutual

Product Management and Pricing Actuary

MassMutual

Boston, Massachusetts, United States · Yesterday

Individual Life Protection

Role Summary

Role type

Pricing partner to underwriting

Closer to an underwriting partnership role than a modelling-heavy IC role because program oversight and business influence sit alongside technical analysis.

Senior Life actuarial role in Boston focused on pricing, product support, profitability, and emerging experience for retail life insurance. You’ll partner with Underwriting, Medical, and New Business teams, evaluate underwriting programs, analyze VNB and other profitability metrics, and support product assumptions and pricing decisions.

Requirements

Strongly preferred

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

Nice to have

  • FSA designation
  • Experience with accelerated underwriting programs
  • Experience with Power BI, experience studies and data management
  • Life insurance pricing experience and exposure to coding/programming
  • Ability to interact with technical and non-technical audiences at all levels
  • Strong interpersonal and communication skills
  • Ability to use a disciplined work approach
  • Ability to work cross-functionally and reconcile competing priorities
  • Sound business judgment and ability to handle change and pressure

Skills & Domain

ToolsPower_BI
DomainLife insurance product experience

Role Summary

Role type

Pricing partner to underwriting

Closer to an underwriting partnership role than a modelling-heavy IC role because program oversight and business influence sit alongside technical analysis.

Senior Life actuarial role in Boston focused on pricing, product support, profitability, and emerging experience for retail life insurance. You’ll partner with Underwriting, Medical, and New Business teams, evaluate underwriting programs, analyze VNB and other profitability metrics, and support product assumptions and pricing decisions.

Requirements

Strongly preferred

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

Nice to have

  • FSA designation
  • Experience with accelerated underwriting programs
  • Experience with Power BI, experience studies and data management
  • Life insurance pricing experience and exposure to coding/programming
  • Ability to interact with technical and non-technical audiences at all levels
  • Strong interpersonal and communication skills
  • Ability to use a disciplined work approach
  • Ability to work cross-functionally and reconcile competing priorities
  • Sound business judgment and ability to handle change and pressure

Skills & Domain

ToolsPower_BI
DomainLife insurance product experience
Salary
$118k - $152kest.
Experience
5+ Years

Job Overview

Salary
Salary not specified
Experience
5+ Years

Salary estimate

by Acturhire
$118k - $152k

Typical base pay for similar roles

Range shown
25th–75th percentile
Confidence
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Based on
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See the jobs behind it

Ideal Candidate Profile

Ideal for a Senior Life actuary with an ASA, 5+ years of pricing, experience studies, or related experience, and at least one year with life products. The strongest candidates will combine actuarial modelling and profitability analysis with sound business judgment and cross-functional communication.

ASA

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