Actuarial Director of Life Products Financial Reporting
- Massachusetts Mutual Life Insurance Co
- Boston, Massachusetts
- Full Time
The Opportunity
The Actuarial Director of Life Products Financial Reporting will lead a high-impact team where your expertise will directly shape financial insights, influence strategic decisions, and drive the future of valuation at MassMutual. This is a unique opportunity to lead in a dynamic environment where innovation, collaboration, and continuous improvement are at the forefront.
In this role, youll combine technical depth with leadership to transform valuation processes, elevate data and modeling capabilities, and deliver meaningful business insights to senior stakeholders. Youll partner across Finance, ERM, Investments, and beyondbringing clarity to complex results and helping guide key initiatives across pricing, capital, and new business.
Youll also play a critical role in developing and inspiring talent, fostering a culture that values curiosity, inclusivity, and growth. As the organization continues to evolve, youll have the platform to lead through change, influence enterprise-wide initiatives, and leave a lasting impact on both your team and the broader business.
If youre looking for a role where you can lead, innovate, and make a measurable differencethis is it.
The Impact:
Leadership, Culture & Engagement
- Champion a continuous improvement mindset while fostering an inclusive, engaging, and high-performing team culture.
- Inspire and motivate the team through a clear vision and strategy, effectively managing priorities and adapting to achieve business goals.
- Promote collaboration by valuing diverse perspectives and driving innovative, results-oriented solutions.
- Build trust through accountability, ownership, and consistent follow-through on commitments.
- Support employee growth by creating meaningful development opportunities and guiding team members toward impactful learning actions.
- Cultivate an environment where employees are energized, empowered, and continuously enhancing their capabilities.
- Demonstrate passion, curiosity, and a strong commitment to ongoing professional developmentfor both self and team.
Reporting & Analysis
- Lead timely and accurate valuation reporting for US Stat and GAAP reserves and related actuarial items.
- Ensure effective application of valuation governance frameworks, maintaining strong controls, efficient processes, and successful implementation of new products.
- Oversee delivery of annual actuarial filings and support regulatory inquiries with accuracy and responsiveness.
- Guide quantitative teams in transforming data management and valuation processes, including production, financial exhibits, and external surveys.
- Develop and deliver reserve movement and attribution analytics, translating results into clear business insights for stakeholders.
Trusted Business Partnership
- Collaborate cross-functionally to deliver actionable financial insights to partners across Finance, ERM, Investments, Tax, and Audit.
- Clearly communicate results and key drivers, demonstrating a strong understanding of valuation impacts.
- Anticipate and manage valuation implications related to pricing, reinsurance, and capital initiatives.
- Partner on new business efforts, ensuring seamless integration into valuation processes.
- Provide clear valuation requirements to internal and external technology partners.
- Contribute to assumption setting and governance, including participation in experience studies and ongoing review processes.
Valuation Methodology, Data & Model Management
- Lead analysis and implementation of valuation methodologies, delivering insights, financial impact assessments, and recommendations.
- Stay ahead of emerging regulations, influencing adoption and ensuring alignment through active participation in industry initiatives when appropriate.
- Ensure compliance with regulatory and model governance standards in collaboration with audit stakeholders.
- Drive enhancements in valuation data and modeling capabilities through strong partnerships with enterprise data and modeling teams.
- Oversee continuous improvement of valuation models and data processes to strengthen accuracy, scalability, and efficiency.
The Minimum Qualifications
- Bachelors degree in actuarial science, mathematics, statistics, finance, data science or closely related field.
- Fellow of the Society of Actuaries
- 5+ years actuarial experience in valuation and reporting, and/or in life pricing, assumptions development, risk management
- 3+ years exposure to valuation regulations and financial statements under US Statutory and GAAP reporting
The Ideal Qualifications
- Master's Degree or above within actuarial science, mathematics, statistics, finance, data science or closely related field.
- Credentialed actuary (Member of the American Academy of Actuaries) in good standing with SOA CPD requirements; qualified to issue actuarial opinions.
- Proven leadership experience managing and developing teams, including guiding change management and driving continuous improvement.
- Strong technical expertise in actuarial valuation, including US insurance products, pricing, and cash flow testing/projection methodologies.
- Deep knowledge of life valuation frameworks, including participating products, Principles-Based Reserves (PBR), and GAAP LDTI.
- Demonstrated experience overseeing valuation processes and effectively communicating results to diverse stakeholders.
- Excellent communication and interpersonal skills, with the ability to influence and build strong cross-functional relationships.
- Proactive, solutions-oriented mindset with the ability to resolve issues and drive business outcomes collaboratively.
What to Expect as Part of MassMutual and the Team
- Regular meetings with the team
- 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
- Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits
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MassMutual is an equal employment opportunity employer. We welcome all persons to apply.If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
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