Cincinnati OH

Part Qualified

Associate

Qualified

Life

Reporting

Modelling

Prophet

Coding

Pricing

Valuation

Capital

MassMutual Ascend

DescriptionAs a leading provider of annuities, MassMutual Ascend is committed to taking financial futures above and beyond. This means offering innovative products that fit our customers' unique needs - whether it's protecting their hard-earned savings, receiving guaranteed income, or providing for loved ones. MassMutual Ascend is proud to offer customers a level of strength and stability they can count on for years to come.The OpportunityAs an Actuarial Associate in the ALM and Capital Modeling group, you will lead model development projects to improve the efficiency, accuracy, and effectiveness of our capital and ALM models. You will collaborate with team members to improve our understanding of ALM and solvency results to help educate senior management and guide business decisions.Job Responsibilities<ul><li>Research issues within our CFT and ALM models and help validate calculations.</li><li>Develop model solutions that increase the efficiency and accuracy of model calculations.</li><li>Provide guidance and training to develop understanding of our models within and outside of the functional area.</li><li>Perform other duties as assigned.</li></ul>Desired CompetenciesBusiness Acumen<ul><li>Works on assignments of higher technical complexity.</li><li>Works to identify and resolve problems independently.</li><li>Reactive to change and is proactive in developing and recommending new strategies and ideas.</li></ul>Influence<ul><li>Help create a positive work environment.</li><li>Pursues engagement with people who think differently with an open mind.</li><li>Provides support to others as needed.</li></ul>Critical Thinking<ul><li>Ask questions and independently gather relevant information to answer them.</li><li>Applies knowledge to problem solving.</li></ul>Development<ul><li>Engages in professional development for self and others.</li><li>Increases understanding and knowledge of current work and how it affects others within and outside of the company.</li></ul>Communication<ul><li>Connect with the audience when speaking, always respectfully.</li><li>Pursues engagement with people who think differently with an open mind.</li></ul>Ownership<ul><li>Performs work under minimal supervision.</li><li>Meets commitments and accepts responsibility for work product without excuses.</li></ul>Minimum Qualifications<ul><li>Associate of the Society of Actuaries (ASA), or equivalent professional credential from a recognized professional actuarial association.</li><li>4+ years of overall actuarial experience.</li><li>2+ years of modeling in actuarial projection software.</li></ul>Ideal Qualifications<ul><li>Knowledge of Prophet Software.</li><li>Prior experience with Traditional Fixed and Index-Linked Deferred Annuities.</li><li>Experience with Cash Flow Projection Modeling.</li></ul>What to Expect<ul><li>Focused one-on-one meetings with your manager.</li><li>Ongoing opportunities for development and learning.</li><li>Working in a fast-paced environment with available flexible work schedules.</li><li>A place to grow your career in a culture that inspires, rewards, and develops employees.</li><li>Small company feel with a focus on meeting customer's needs today and also well into the future.</li></ul>Why Join UsAt MassMutual Ascend, our collaborative culture is key to our success. It's the reason we're a leading provider of annuities today, and it's the reason we'll continue rising to the top tomorrow. A career at MassMutual Ascend means you'll contribute to our mission of taking financial futures above and beyond - and you'll be inspired to reach your own goals, too.As a wholly owned subsidiary of MassMutual, MassMutual Ascend continues to be an employer of choice in the Cincinnati, Ohio community.MassMutual Ascend Life Insurance Company is an Equal Employment Opportunity employer. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.At MassMutual Ascend, 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.

DescriptionMassMutual Ascend is committed to helping people plan for a secure retirement in an uncomplicated way. Our simple promise is superior service and annuities that are easier to understand. This means offering innovative products that fit with today's needs. As a wholly owned subsidiary of MassMutual, MassMutual Ascend functions with the agility of a small company and the assurance of being associated with a Fortune 200 organization who is proud to offer customers a level of strength and stability they can count on for years to come.The OpportunityThe New Product Management Senior Associate Actuary aids the Product and Pricing Team through support of new product development and implementation of Registered Index-Linked Annuities (RILAs), Fixed Indexed Annuities (FIAs), and Fixed Deferred Annuities. As New Product Management Senior Associate Actuary you will build strong relationships and collaborate with Legal, IT, Operations, Sales and Marketing. This position has the ability to be either hybrid out of our downtown Cincinnati office, or 100% remote wherever you may reside in the US.Job Responsibilities<ul><li>Serve as Product Management contact for Legal and Regulatory issues, Operational Exceptions and Flow Reinsurance</li><li>Support new product filings: actuarial memos, Standard Nonforfeiture demos, answer actuarial regulatory questions, etc.</li><li>Assist Legal with product/policy examples for advertising</li><li>Provide actuarial support for Illustrations from a regulatory perspective</li><li>Evaluate/approve operational exceptions</li><li>Manage large case pricing program</li><li>Support actuarial requests for policy value calculations</li><li>Support new product reinsurance as needed</li><li>Identify and implement continuous process improvement</li><li>Maintain extensive knowledge of insurance products, operations, and existing regulations</li><li>Perform other duties as assigned</li></ul>Minimum Qualifications<ul><li>Must have obtained ASA</li><li>Current Member of American Academy of Actuaries (MAAA) or attain designation shortly after hire</li><li>5+ years of actuarial experience</li><li>Strong interpersonal skills</li><li>Strong organization and problem-solving abilities</li><li>Solid communication skills with emphasis on collaboration among departments including IT, Operations, Legal, Sales, and Marketing</li></ul>Ideal Qualifications<ul><li>Working knowledge of RILAs, FIAs and Fixed Deferred Annuities</li></ul>What to Expect<ul><li>Focused one-on-one meetings with your manager</li><li>Ongoing opportunities for development and learning</li><li>Working in a fast-paced environment with available flexible work schedules</li><li>A place to grow your career in a culture that inspires, rewards and develops employees</li><li>Small company feel with a focus on meeting customer's needs today and also well into the future</li></ul>Why Join Us.At MassMutual Ascend, our collaborative culture is key to our success. It's the reason we're a leading provider of annuities today, and it's the reason we'll continue rising to the top tomorrow. A career at MassMutual Ascend means you'll contribute to our mission of taking financial futures above and beyond - and you'll be inspired to reach your own goals, too. As a wholly owned subsidiary of MassMutual, MassMutual Ascend continues to be an employer of choice in the Cincinnati, Ohio community.MassMutual Ascend Life Insurance Company is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.At MassMutual Ascend 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. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

DescriptionAs a leading provider of annuities, MassMutual Ascend is committed to taking financial futures above and beyond. This means offering innovative products that fit our customers' unique needs - whether it's protecting their hard-earned savings, receiving guaranteed income or providing for loved ones. MassMutual Ascend is proud to offer customers a level of strength and stability they can count on for years to come.The OpportunityThis role will become a SME (Subject Matter Expert) of the Variable Annuity (VA) and Life Prophet model, interact closely with modeling team members, and collaborate effectively with the Product Development and Financial Reporting teams.Job Responsibilities<ul><li>Maintain and upgrade Variable Annuity and Life cashflow/GAAP/STAT models.</li><li>Ensure integrity of the VA and Life models that produce the monthly/quarterly financials.</li><li>Manage a list of GAAP and STAT model approximations.</li><li>Address auditor's questions and requests in a timely manner.</li><li>Continuous improvement and execution of validations of model calculations.</li><li>Provide strong documentations and proper model governance controls.</li><li>Demonstrate accountability by taking ownership of the work and strong follow through on commitments.</li></ul>Desired CompetenciesBusiness Acumen<ul><li>Performs work under general supervision</li><li>Works on assignments of moderate technical complexity</li><li>Leverages curiosity to acquire new knowledge.</li><li>Own, admit and change thinking/processes to eliminate repeated mistakes.</li><li>Possesses expert skills in modeling and/or analysis.</li><li>Reactive to change.</li></ul>Influence<ul><li>Help creates a positive work environment.</li><li>Pursues engagement with people who think differently.</li><li>Begins to share opinions in small group settings, always respectfully.</li><li>Recognize they may have blind spots and are open to feedback.</li></ul>Critical Thinking<ul><li>Asks questions and independently gathers relevant information to answer them.</li><li>Applies knowledge to problem solving.</li></ul>Development<ul><li>Engages in professional development.</li></ul>Communication<ul><li>Developing ability to connect with audience, along with acceptable verbal and written communication skills.</li><li>Occasionally speaks up in meetings; asks questions to confirm understanding.</li><li>Excellent attention to details and documentation</li><li>Strong analytical and communication skills related to technical issues</li><li>Strong organizational skills and ability to prioritize work and consistently meet deadlines</li><li>Convey critical information in a timely manner</li></ul>Ownership<ul><li>Regularly meets commitments and accepts responsibilities for work product without excuses.</li><li>Can resolve most problems independently</li><li>Demonstrate accountability by taking ownership of the work and strong follow through on commitments</li></ul>Minimum Qualifications<ul><li>A minimum of two years' experience, preferably with actuarial models.</li></ul>Ideal Qualifications<ul><li>Passed at least 3 actuarial exams</li><li>3+ years of experience with managing actuarial models</li><li>Annuity and life product and valuation knowledge</li><li>Solid experience with VBA and/or other programming languages</li><li>Experience with Prophet software</li></ul>What to Expect<ul><li>Focused one-on-one meetings with your manager</li><li>Ongoing opportunities for development and learning</li><li>Working in a fast-paced environment with available flexible work schedules</li><li>A place to grow your career in a culture that inspires, rewards and develops employees</li><li>Small company feel with a focus on meeting customer's needs today and also well into the future.</li></ul>Why Join Us.At MassMutual Ascend, our collaborative culture is key to our success. It's the reason we're a leading provider of annuities today, and it's the reason we'll continue rising to the top tomorrow. A career at MassMutual Ascend means you'll contribute to our mission of taking financial futures above and beyond - and you'll be inspired to reach your own goals, too. As a wholly owned subsidiary of MassMutual, MassMutual Ascend continues to be an employer of choice in the Cincinnati, Ohio community.MassMutual Ascend Life Insurance Company is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.At MassMutual Ascend 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. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

Actuarial jobs at MassMutual Ascend