MassMutual Financial Group Head of Modeling in Boston, Massachusetts

Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. This is why we want to inspire people to Live Mutual. We’re people helping people.

A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are the foundation of what makes MassMutual a strong, stable and ethical business. We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.

Together, we’re stronger.

Description

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The candidate will manage a team of 10-11 people who are responsible for building/enhancing/maintaining actuarial models used by the Valuation & Modeling and Inforce Financial Management departments

  • Oversee the selection/building/enhancement/maintenance of actuarial models used for reserves, cash flow testing, asset-liability management and other projections

  • Oversee completion of remaining software conversion for whole life reserves and ALM, reinsurance valuation, health functions, pension functions

  • Oversee implementation of emerging regulation into software models – specifically PBR and targeted GAAP improvements

  • Work with other departments to arrange for data feeds in and out of actuarial models as well as the arranging appropriate computing power

This role is expected to have the following positions as direct reports:

  • 2 Senior Actuaries – technical leads for Axis and CASE/Prophet

  • 6 Actuaries – Mastery level – model developers

  • 2 Actuarial Consultants (ALDP members)

This role will report to the Head of Inforce Financial Management and will be based in Boston, MA.

Qualifications

  • Fellow, Society of Actuaries, with at least 10-15 years of relevant experience

  • Bachelor’s Degree, advanced degree preferred

  • Good working knowledge of actuarial software packages, GGY AXIS greatly preferred

  • A leader committed to talent development and diversity

  • Good communication skills, both written and verbal

  • Strong project management skills

  • Ability to build and maintain strong working relationships across cross-functional groups

  • Competencies – business acumen, critical thinking, execution/drive, engage and inspire, change leadership, communications, improvement and innovation

Ranked No. 93 in the annual FORTUNE ® 500 Ranking (FORTUNE ® Magazine, June 2018) and recognized as a World’s Most Ethical Company by Ethisphere, MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

CORE VALUES

Focus on the Customer: We understand our customers well and look for every opportunity to deliver an experience that is clear, easy, personal, human, empowering and trustworthy.

Act with Integrity: We deliver on our promises by being open, honest and humble and by adhering to the letter and spirit of applicable laws, rules, regulations and company policies.

Value People: We respect and learn from each other’s diverse backgrounds, experiences and ideas. We engage and develop people to their greatest potential.

Work Collaboratively: We work together to achieve results by actively listening, seeking, understanding and creating solutions as a unified team driving toward one company, one culture, one brand.

Achieve Results: We focus on winning by exceeding expectations and getting better – everyone, every day.

For more information, visit www.massmutual.com or find us on Facebook, Twitter, LinkedIn, YouTube, Google+, Instagram and Pinterest.

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

At MassMutual, we’re fostering an inclusive and dynamic environment where our employees are valued for who they are and can build successful careers. For us, diversity and inclusion is more than a goal, it’s the only way forward.

• 100% rating on the Human Rights Campaign Corporate Equality Index (2018)

• National Association for Female Executives Top Company for Executive Women (2018)

• Disability Equality Index® (DEI) Best Place to Work for Disability inclusion (2018)

• Working Mother Media 100 Best Company (2017)

• Military Friendly Employer (2018)