MassMutual

Head of Annuity Financial Projection Models

MassMutual

full-time

Posted on:

Location Type: Hybrid

Location: SpringfieldMassachusettsUnited States

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Salary

💰 $185,300 - $243,100 per year

Job Level

Tech Stack

About the role

  • Lead a high-performing team responsible for designing, developing, and governing models that support critical business functions such as forecasting, capital planning, asset-liability management (ALM), and stress testing.
  • Ensure financial projection models comply with regulatory requirements (e.g., US Statutory, LDTI GAAP and economic bases) and internal control standards.
  • Oversee the design, development, and maintenance of annuity actuarial projection models used for FP&A, ALM and capital planning.
  • Communicate complex modeling results to non-technical stakeholders in a clear and actionable manner.
  • Collaborate with leaders within the Finance organization to ensure alignment of modeling outputs with business objectives.
  • Execute, validate and refine projection model outputs while monitoring model infrastructure and performance.
  • Actively manage team performance, provide coaching and mentorship, and create opportunities for professional growth to build a high-performing and engaged team.
  • Explore emerging technologies (e.g., machine learning, predictive analytics) to enhance modeling capabilities.

Requirements

  • FSA or equivalent actuarial designation
  • Bachelors degree in Actuarial Science, Mathematics, Statistics, or related fields; advanced degree is ideal.
  • 10+ years of hands-on experience working with actuarial models, including more than 5+ years leading and managing high‑performing teams.
  • Expertise in financial projection models, financial analysis, valuation frameworks, and regulatory standards.
  • Experience includes developing, validating, and interpreting complex projection models; applying advanced valuation methodologies across multiple product lines; conducting robust financial and scenario analyses; and ensuring compliance with evolving regulatory requirements such as statutory, GAAP, and principles‑based frameworks.
  • Deep technical proficiency in actuarial projection modeling and end-to-end processing
  • Experience with Prophet is highly preferred.
  • Familiarity with Axis, MGALFA, or other actuarial software is considered an asset
  • Experience with programming languages such as Python, R, VBA, Java, or C# is considered an asset
  • Excellent communication and stakeholder management skills.
Benefits
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Applicant Tracking System Keywords

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Hard Skills & Tools
actuarial modelsfinancial projection modelsfinancial analysisvaluation frameworksadvanced valuation methodologiesscenario analysesactuarial projection modelingprogramming languagesPythonR
Soft Skills
communicationstakeholder managementteam performance managementcoachingmentorshipprofessional growthcollaborationclear communicationleadershipengagement
Certifications
FSAactuarial designation