Description

Description

MassMutual Ascend is committed to helping people plan for a secure retirement in an uncomplicated way. Our simple promise is superior service and annuities that are easier to understand. This means offering innovative products that fit today's needs. As a wholly owned subsidiary of MassMutual, MassMutual Ascend functions with the agility of a small company and the assurance of being associated with a Fortune 200 organization that is proud to offer customers a level of strength and stability they can count on for years to come.

• Head of Actuarial Analytics:
  • Deep dives to explain plan monthly variances, identify drivers, and recommend changes
  • Develop new, and enhance current, analytics that lead to key insights into business performance
  • Improve Actuarial STAT analytics, particularly Plan to Actual

• Head of Actuarial Projections - STAT and GAAP
  • Oversee liability model projections
  • Coordinate interaction of the liability projections with the Asset Modeling
  • Implement projection modeling changes to improve actuarial forecasts
  • Oversee annual unlocking and assumption updates
  • Oversee quarterly actuarial reforecasts
  • Develop top level updates as needed for Plan and Reforecast
  • Provide guidance on expectations and review of financial results
  • Implement new accounting standards and reinsurance treaties into actuarial projections
  • Actuarial liaison to Finance

• Head of Fixed Modeling
  • Responsible for Ascend's Trad Product Modeling (Fixed Deferred Annuities, SPIA, and PRT)
  • Initiates, evaluates, implements and/or monitors model upgrades and modifications
  • Ensures compliance with Ascend model governance procedures and recommends changes

• Head of Assumption Governance for Ascend
  • Coordinate with Risk Management and Product Pricing and Development to document and reconcile assumptions among various models and use cases
  • Enhance and maintain assumption repository

• Other Duties
  • Support new initiatives with analysis and direction on how to reflect impacts in actuarial projections
  • Train and mentor staff
  • Performs other duties as assigned

• Key Competencies
  • Possesses intense curiosity to consistently identify and solve problems
  • Builds deep business relationships throughout Ascend
  • Strong skills in data manipulation and analytical tools
  • Champions innovation and change, and challenges bias
  • Active leader and participant in meetings
  • Strong ability to influence others and decision making
  • Broadly meets commitments and tight deadlines while pivoting when needed

• Reports to Head of Financial Actuarial

Education:

Bachelor's degree or equivalent.

Experience:

10+ years of relevant financial experience and leadership, preferably annuities

Physical Requirements

• Requires prolonged sitting.
• Requires continuous use of computer.
• May lift, carry, push, or pull objects up to 10 lbs.
• Requires regular and predictable attendance.
• Hybrid schedule

Why Join Us.

At MassMutual Ascend, our collaborative culture is key to our success. It's the reason we're a leading provider of annuities today, and it's the reason we'll continue rising to the top tomorrow. A career at MassMutual Ascend means you'll contribute to our mission of taking financial futures above and beyond - and you'll be inspired to reach your own goals, too. As a wholly owned subsidiary of MassMutual, MassMutual Ascend continues to be an employer of choice in the Cincinnati, Ohio community.

MassMutual Ascend Life Insurance Company 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 Ascend we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance..