Massachusetts Mutual Life Insurance

Actuarial Director, Annuity Experience Studies

Massachusetts Mutual Life Insurance

Springfield, MA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Massachusetts Mutual Life Insurance, where we are dedicated to providing financial security and peace of mind to our clients. We are currently seeking a highly skilled and experienced Actuarial Director to join our team and lead our Annuity Experience Studies department. In this role, you will have the opportunity to use your expertise and leadership abilities to drive the success of our annuity products and contribute to the overall growth of our company. If you have a passion for actuarial work and a strong understanding of the annuity market, we encourage you to apply. Join us and help us continue our mission of helping individuals and families achieve their financial goals.

  1. Lead and manage the Annuity Experience Studies department, ensuring the timely and accurate completion of all projects and reports.
  2. Utilize actuarial expertise to analyze and interpret data related to annuity products, identifying areas for improvement and providing recommendations for product enhancements.
  3. Collaborate with cross-functional teams, including product development, marketing, and sales, to develop and implement strategies to improve the performance of annuity products.
  4. Stay up-to-date with industry trends and changes in regulations, and ensure compliance with all relevant laws and guidelines.
  5. Manage a team of actuaries and provide guidance and support in their day-to-day activities, including mentoring and professional development.
  6. Develop and maintain strong relationships with key stakeholders, including clients, underwriters, and senior leadership.
  7. Prepare and present reports and findings to senior management, providing insights and recommendations to inform business decisions.
  8. Monitor and analyze the financial performance of annuity products, identifying potential risks and opportunities for growth.
  9. Continuously evaluate and improve processes and procedures within the Annuity Experience Studies department to ensure efficiency and effectiveness.
  10. Represent the company at industry conferences and events, building our reputation and fostering relationships with potential partners.
Where is this job?
This job is located at Springfield, MA, USA
Job Qualifications
  • Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field.

  • Fellow Of The Society Of Actuaries (Fsa) Or Equivalent Professional Designation.

  • Minimum Of 10 Years Of Experience In Actuarial Roles, With A Focus On Annuity Products.

  • Strong Understanding Of Actuarial Principles, Methodologies, And Practices.

  • Proven Experience In Leading And Managing A Team, With A Track Record Of Successfully Executing Complex Projects And Delivering Results.

Required Skills
  • Financial Analysis

  • Product Development

  • Data Analysis

  • Market Research

  • Investment Management

  • Pricing strategy

  • Risk assessment

  • Regulatory compliance

  • Actuarial modeling

  • Statistical Forecasting

  • Annuity Products

Soft Skills
  • Communication

  • Conflict Resolution

  • Leadership

  • Time management

  • creativity

  • Attention to detail

  • Teamwork

  • Adaptability

  • Problem-Solving

  • Empathy

Compensation

According to JobzMall, the average salary range for a Actuarial Director, Annuity Experience Studies in Springfield, MA, USA is $155,000 - $200,000 per year. This may vary depending on factors such as experience, education, and employer.

Additional Information
Massachusetts Mutual Life Insurance is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 29th, 2024
Apply BeforeMay 22nd, 2025
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About Massachusetts Mutual Life Insurance

The Massachusetts Mutual Life Insurance Company, founded in 1851, is an American mutual life insurance company serving five million clients. With headquarters in Springfield, Massachusetts, the company employs more than 7,000 in the United States, and a total of 10,614 internationally.

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