MassMutual

Actuarial Director of Life Products Financial Reporting

MassMutual$159K — $209K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's 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, life pricing, assumptions development, or risk management.
  • 3+ years' exposure to valuation regulations and financial statements under US Statutory and GAAP reporting.
  • Master's Degree or above in a related field (ideal).

Responsibilities

  • Lead valuation reporting for US Stat and GAAP reserves.
  • Ensure effective application of valuation governance frameworks.
  • Oversee delivery of actuarial filings and support regulatory inquiries.
  • Guide quantitative teams on data management and valuation processes.
  • Deliver reserve movement and attribution analytics for stakeholders.
  • Collaborate with partners to provide actionable financial insights.
  • Lead analysis and implementation of valuation methodologies.

Benefits

  • Regular team meetings and focused one-on-one sessions with managers.
  • Access to diverse Business Resource Groups for networking.
  • Learning opportunities through various platforms.
  • Supportive company ethics and integrity values.
Full Job Description
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, you'll combine technical depth with leadership to transform valuation processes, elevate data and modeling capabilities, and deliver meaningful business insights to senior stakeholders. You'll partner across Finance, ERM, Investments, and beyond-bringing clarity to complex results and helping guide key initiatives across pricing, capital, and new business.

You'll 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, you'll 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 you're looking for a role where you can lead, innovate, and make a measurable difference-this 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 development-for 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
  • Bachelor's 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

#LI-ST1

Salary Range:
$159,800-$209,700

At MassMutual, 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.

About MassMutual

MassMutual Careers

Join the vibrant team at MassMutual – a leading financial services company where innovative thinking and leadership thrive. MassMutual offers a unique opportunity to accelerate your career in an environment that encourages growth, diversity, and professional development.

Work You’ll Do

At MassMutual, we are committed to helping our clients secure their future and protect the ones they love. Our team is composed of highly skilled professionals dedicated to delivering excellence and innovation in financial services. By joining our team, you will collaborate with talented individuals who are leaders in their fields, passionate about what they do, and eager to drive transformation in the financial sector.

Explore Job Opportunities and Internships

Whether you're starting your career or looking to make a change, MassMutual has a range of job opportunities and internships that can help you achieve your professional goals. From positions in finance, marketing, IT, and more, our company is actively hiring individuals who are ready to contribute to our culture of excellence and continuous improvement.

Professional Growth and Development

MassMutual is deeply invested in the professional growth of its employees. We offer comprehensive training programs, including leadership development and diversity training, to ensure that every team member has the skills and knowledge to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Benefits and Culture

Choosing to work at MassMutual means joining a company that values its employees. We offer competitive benefits packages that support the health, financial stability, and well-being of our team members and their families. Our inclusive culture fosters an environment where everyone can thrive, and our leadership is committed to maintaining a diverse and supportive workplace.

Networking and Innovation

MassMutual encourages a culture of networking and innovation. We believe that by fostering connections and encouraging new ideas, we can better serve our clients and stay ahead in a rapidly evolving industry. Our employees are given the tools and freedom to innovate, leading to groundbreaking solutions and services.

Applying for a Position

Ready to take the next step in your career? Explore our current job openings on the MassMutual Careers page. Prepare your resume, sharpen your interview skills, and get ready to join a team that values hard work and creativity. At MassMutual, your future is waiting.

Stay Connected

Keep up to date with the latest from MassMutual by following our careers blog. Gain insights from our team, learn about new job openings, and get tips on everything from resume building to successful interviewing techniques.

Join Our Team

Search open positions that match your skills and interests. We look for passionate, curious, creative, and solution-driven team players. Start your journey with MassMutual today, and be part of a company that’s as invested in your career as you are.

MassMutual: Empowering Professional Futures

At MassMutual, we’re not just preparing you for a job; we’re preparing you for a lifetime of opportunities. Join us and discover how far your ambition can take you.
Learn more about MassMutual
Size
7,700 employees
Industry
Founded
1851

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