Head of Institutional Risk – Actuarial Initiatives

MassMutual

Head of Institutional Risk overseeing actuarial initiatives for MassMutual. Responsible for financial soundness of Institutional Solutions business through leadership and actuarial expertise.

Posted 4/29/2026full-timeBoston • Massachusetts • 🇺🇸 United StatesLead💰 $167,800 - $220,200 per yearWebsite

About the role

Key responsibilities & impact

Represent Institutional businesses on enterprise actuarial initiatives, including expenses, capital analysis, risk capacity, etc.
Lead profitability reporting and partner with Financial Planning & Analysis for forecast and earnings analysis to achieve business outcomes and develop insights to influence product, pricing, and growth decisions.
Deliver and evolve aggregated Institutional Solutions reporting of new business metrics, working collaboratively across the team.
Partner with enterprise stakeholders to ensure appropriate allocation and efficient utilization of expense and capital in line with the company’s overall strategy.
Lead Institutional Solutions assumption and model governance including development of process and standards, adherence to internal policies, etc.
Evaluate and execute on risk and capacity management options (in partnership with business leaders and corporate functions) that promote long-term growth and risk management.
Act as a Liaison to Enterprise Risk Management and Corporate Actuarial functions for Institutional Products.
Influence and contribute to ongoing business strategy and growth.
Lead various Actuarial projects related to Institutional businesses.

Requirements

What you’ll need

An accomplished FSA with 10+ years of relevant actuarial experience.
Excellent interpersonal and communication skills (written, verbal, presentation)
Demonstrates initiative and sense of urgency, delivering on multiple concurrent deliverables in a dynamic constantly evolving business line.
Takes ownership and is results-orientated with high accountability.
Commitment to transparency and inclusive behaviors in dealing with business and other cross functional teams.
Influences and collaborates with business partners to accomplish joint goals.
Ability to analyze and comprehend complex information, as well as convey complex materials to non-technical audiences.
Comfortable dealing with both complexity and ambiguity, with ability to explore multiple solutions to a problem to achieve business objectives.
Meticulous with strong analytical, critical thinking and problem-solving skills.
Strong grasp of actuarial concepts, including the ability to quickly and independently evaluate and model new products and markets.
Leads continuous improvement efforts.

Benefits

Comp & perks

Regular meetings with the Institutional Product & Actuarial team
Focused one-on-one meetings with your manager.
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups
Access to learning content on Degreed and other information platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

actuarial analysisprofitability reportingcapital analysisrisk managementmodel governanceassumption developmentbusiness metrics reportingfinancial forecastingdata analysisproduct modeling

Soft Skills

interpersonal skillscommunication skillsinitiativeresults-orientedaccountabilitycollaborationanalytical skillscritical thinkingproblem-solvingadaptability

Certifications

Fellow of the Society of Actuaries (FSA)