Actuary - Annuity Valuation


: $102,126.67 - $166,700.00 /year *

Employment Type

: Full-Time


: Financial Services - Insurance

Loading some great jobs for you...

Since 1851, MassMutuals 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. Were 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, were stronger.



The candidate will perform various valuation functions noted below for the Corporate Finance-Annuity Valuation team.


  • Monthly production/reporting/analysis/explanation of reserves and DAC

  • Annual reserve adequacy testing (CFT, DAC, LRT) production/reporting/analysis of results

  • Recommendation of best-estimate assumptions within model governance/assumption governance frameworks

  • Monitor assigned emerging actuarial regulation, provide recommendations on level of influence to be provided

  • Identify, research and document valuation issues, provide recommendations for action, reflecting potential impact on financials

  • Liaise with product areas to provide valuation advice and gather product information and experience studies

  • Liaise with FP&A forecasting area to provide actuarial assumptions and review forecasts


  • FSA with 8+ years of relevant experience

  • Bachelor's degree

  • Good communication skills, both written and verbal

  • Microsoft Office

  • 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

  • Must be eligible to work in the US without sponsorship now or in the future


  • Good working knowledge of valuation software and techniques, preferably with annuity products as well as CASE/Prophet software

Ranked No. 93 in the annual FORTUNE 500 Ranking (FORTUNE Magazine, June 2018) and recognized as a Worlds 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. Its more than our company structure its 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.


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 others 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 or find us on Facebook, Twitter, LinkedIn, YouTube, Google+, Instagram and Pinterest.

MassMutual is an Equal Employment Opportunity employerMinority/Female/SexualOrientation/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, were 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, its 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)

Associated topics: actuarial, actuarial assistant, actuarial consultant, actuarial director, actuary, analyst, assistant actuary, associate actuary, cost, risk * 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.

Launch your career - Upload your resume now!

Upload your resume

Loading some great jobs for you...