Actuary, Pension Risk Transfer Pricing

Job overview

The Actuary, Pension Risk Transfer Pricing role is onsite in Springfield, MA. Compensation is not specified. The position is part of MassMutual’s Pension Risk Transfer Pricing team within Institutional Solutions, which evaluates pension risk transfer and longevity reinsurance transactions. The actuary prices and analyzes US pension risk transfer and UK longevity reinsurance opportunities, supports underwriting and proposal development, and contributes to product and contract review. The work informs pricing and risk decisions and supports the growth of the PRT business through modeling, competitive analysis, and collaboration across functions.

What you'll do

• Price US Pension Risk Transfer and UK longevity reinsurance opportunities
• underwrite and develop proposals for new business
• analyze risks and support product development and modifications, including group annuity contract and certificate reviews
• work with Pricing, Product, and Corporate teams on approvals, assumptions, processes, and exceptions
• modify pricing models and conduct sensitivity testing
• analyze competitive data
• maintain relationships with consultants and advisors
• support PRT actuarial projects.

What we're looking for

Skills & competencies

actuary

pension risk transfer

prt pricing

springfield ma

massmutual

pricing

underwriting

longevity reinsurance

group annuities

actuarial modeling

risk analysis

asa

5+ years experience

Work arrangement

• Weekend coverage required

Benefits & perks

• Learning and development resources
• internal networks
• employee-led communities and forums.

Why this role

Requires a bachelor’s degree in a related discipline, 5+ years of relevant analytical experience, and ASA designation; FSA is an ideal qualification. Learning and development resources and employee-led communities are noted.

About the employer

MassMutual is hiring for this role. Industry: Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds. Sector: 52.