ALM Actuary joining the Life & Health team at MassMutual. Building models and collaborating with Investment Management on various analyses and communication.
Responsibilities
Join the Life & Health team as an ALM Actuary
Build and maintain liability ALM models
Manage the ALM production process
Collaborate with Investment Management and ERM
Produce ALWG and Economic Capital materials
Work with pricing and investment management teams
Evaluate trade-offs of different investment strategies
Maintain production process and update ALM assumptions
Communicate results to various teams
Assist in cross-company and cross-team initiatives
Maintain ALM processes and effect change
Requirements
ASA or FSA
Bachelor’s Degree or higher in Mathematics, Actuarial Science, Finance or related field
5+ years of experience including actuarial business functions and risks, investments, ALM, or hedging
Proficiency in Microsoft Excel and Access
Experience with (or desire to learn) programming languages such as Excel VBA, SQL, or Python
Actuarial modeling software experience a plus (including, but not limited to: AXIS and Prophet)
Demonstrated strong written and oral communication skills
Expertise in data and model management
Continuous improvement and strong controls mindset
Navigates complex and ambiguous problems with agility and resiliency
Strong analytical and creative problem-solving skills
Strong modeling and technical skills, but also a healthy intellectual curiosity and willingness to think outside the box
Ability to build and maintain strong working relationships across cross-functional groups and to proactively resolve issues
Knowledge of life and health products, risk management techniques, regulations and methodologies
Ability to manage competing priorities
Benefits
Regular meetings with the Life & Health ALM team
Build and maintain relationship with the Business
Focused one-on-one meetings with your manager
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other informational platforms
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