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Actuary - Nontraditional Inforce Management

Company: MassMutual
Location: Springfield
Posted on: September 15, 2019

Job Description:

SUMMARY



The Non-Traditional Inforce Management (NTIM) team strives to be inforce non-traditional life product experts. They deliver inforce product profit analysis and determine whether inforce participating products generated excess surplus and, if so, whether dividends should be paid. Changes to non-guaranteed elements (Ex: cost of insurance charges, current expense charges and current premiums) will also be analyzed and, if needed, updated for current experience to reduce future accumulation of excess surplus.



RESPONSIBILITIES



This Actuary will leverage their technical expertise and thought leadership to provide insightful, compelling profit, excess surplus and non-guaranteed element development and analysis for MassMutual--------s Chief Actuary & CFO, Executive Leadership Team and MassMutual--------s Board of Directors. The role requires working closely with key actuaries and other leaders across CFO and MM, including those in experience studies, life product development and operations teams, legal, internal communications, and customer service. Other responsibilities include annual illustration regulation testing and other key product-related analyses. -----

Keywords: MassMutual, Springfield , Actuary - Nontraditional Inforce Management, Accounting, Auditing , Springfield, Massachusetts

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