At MassMutual, we re passionate about helping millions of people find financial freedom and this passion has driven our approach to developing highly interactive digital experiences for our customers. The Valuation & Modeling (V&M) s value proposition is as follows: Protect long-term interests of policy owners by enabling MMFG to meet its future obligations through providing accurate financial information and analysis that is actionable and forward-thinking. This will inspire confidence and trust from our stakeholders.

To help us achieve our mission, we are hiring a Head of Non-Traditional Life Valuation to join our team.

What great looks like in this role

Our ideal candidate is a leader in both people development and technical knowledge. You ll use your skills to help ensure MassMutual s financial strength. You re also in a position to influence and implement emerging regulation, oversee the transformation of the non-traditional life valuation function, and work with various business partners who can leverage your financial knowledge.

Objectives of this role:

Lead/manage/develop the traditional life valuation team



* Set clear expectations and stretch goals in alignment with MassMutual s strategy. Hold team accountable for individual and team performance across organizational boundaries. Attract, assess, retain, and develop talent to build an inclusive environment and diverse pipeline to help people secure their futures and protect the ones they love. Provide ongoing candid feedback and coaching to help ensure individuals are driving innovation, continuously improving, and meeting goals. Be a change leader, helping employees navigate change to maximize engagement, empower team members, and increase productivity.


* Oversee monthly production / reporting / analysis / explanation of reserves (direct and ceded, and including principle-based reserves)/DAC for all non-traditional life insurance products
* Oversee annual reserve adequacy testing process for non-traditional life products \" production / reporting / analysis / explanation of results
* Usage of the valuation governance framework, including assumption-setting, model development and management, data governance


* Oversee preparation of projection information for various customers (e.g. Financial Planning & Analysis, Investment Management)
* Provide valuation advice to product pricing and reinsurance/capital transactions


* Manage analysis and communication of valuation issues
* Oversee monitoring/influencing/implementation of emerging valuation regulation \" specifically life principle-based reserves and GAAP long-duration targeted improvements


* Oversee building/enhancement/maintenance of actuarial models thru conversions, new products/product changes, transactions, regulatory changes, etc.
* Oversee building of data strategy, both for valuation and overall CFO


* Fellow or Associate of the Society of Actuaries and Member of the American Academy of Actuaries, and Compliant with regards to SOA CPD Attestation Status
* Proven leadership and talent development experience
* Adept at engaging and inspiring others
* Continuous improvement mindset
* Strong working knowledge of valuation techniques
* Strong working knowledge of US insurance products and pricing
* Strong communication skills, both written and verbal
* Strong project management skills
* Ability to build and maintain strong working relationships across cross-functional groups
* Competencies \" accountability, agility, business acumen, communication, courage, development, inclusion, leading others, resilience and self-awareness

Associated topics: analyse, bi, business analytic, business intelligence, consult, financial analyst, forecasting, government, inspect, law

* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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