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Massachusetts Mutual Life Insurance Company

Actuarial Data Scientist

Massachusetts Mutual Life Insurance Company - New York City, NY

New York

Since 1851, MassMutual’s commitment has always been to help people protect their families, support their communities, and help one another. This is why we want to inspire people to Live Mutual. We’re people helping people.

A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are the foundation of what makes MassMutual a strong, stable and ethical business. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.

Together, we’re stronger.

Description

Haven Life is an insuretech innovator at MassMutual that offers a new way to get life insurance online that's actually simple.

We combine the culture of a startup with the stability and backing of a Fortune 500 company to create an environment that's truly unique.

Our diverse team is comprised of smart, collaborative people who think big, execute quickly and don't take themselves too seriously. We're located in New York's Flatiron District and in case you're wondering, yes, we provide free snacks. Cold brew too.

If you're creative, professional and kind, we'd love to hear from you.

RESPONSIBILITIES:

Lead actuarial model development and modifications

Guide development of pricing assumptions with data scientists utilizing strategic data assets

Partner with heads of business and technology product owners to evaluate profitability of alternative product designs and features that improve the customer experience and meet customer needs

Coordinate with actuarial pricing, valuations, and projections departments to ensure appropriate reserve and capital calculations in profit models

Communicate performance with relevant internal and external stakeholders

Work with data scientists to report on performance and interpret results

Adopt to an agile framework to schedule work, adjust as needed and continuously improve team performance

REQUIREMENTS:

Entrepreneurial minded and driven self-starter

BS/BA required

Minimum 3 years of related experience

Completed all exams for the attainment of an ASA or has an ASA actuarial designation plus completion of additional coursework towards Fellowship.

Works collaboratively with others, and effectively communicates actuarial analysis, solutions, limits, and options to technical and nontechnical audiences.

Working knowledge of individual life insurance product modeling

Comfortable with analyzing data and working in spreadsheet applications

Authorized to work in the US without sponsorship – This means we will not offer H1B/ TN, OPT etc Visa support

Software development or coding experience, especially in R or Python (numpy, pandas, etc…) programming languages

PREFERRED QUALIFICATIONS

Fellow, Society of Actuaries

5 years of experience in actuarial

Experience with any of the following areas: machine learning, probability and statistics (esp Bayesian methods), natural language processing, operations research

BENEFITS:

We pay competitive base salaries and we reward performance. Our salary structure is commensurate with experience. In addition, you’ll be eligible to participate in our comprehensive benefits program including medical insurance and 401(K).

Ranked No. 77 in the annual FORTUNE ® 500 Ranking (FORTUNE ® Magazine, June 2017) and recognized as a World’s Most Ethical Company by Ethisphere, MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

CORE VALUES

Focus on the Customer:

We understand our customers well and look for every opportunity to deliver an experience that is clear, easy, personal, human, empowering and trustworthy.

Act with Integrity:

We deliver on our promises by being open, honest and humble and by adhering to the letter and spirit of applicable laws, rules, regulations and company policies.

Value People:

We respect and learn from each other’s diverse backgrounds, experiences and ideas. We engage and develop people to their greatest potential.

Work Collaboratively:

We work together to achieve results by actively listening, seeking, understanding and creating solutions as a unified team driving toward one company, one culture, one brand.

Achieve Results:

We focus on winning by exceeding expectations and getting better – everyone, every day.

For more information, visit www.massmutual.com or find us on Facebook, Twitter, LinkedIn, YouTube, Google , Instagram and Pinterest.

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.

At MassMutual, we’re fostering an inclusive and dynamic environment where our employees are valued for who they are and can build successful careers. For us, diversity and inclusion is more than a goal, it’s the only way forward.

• 100% rating on the Human Rights Campaign Corporate Equality Index (2018)

• National Association for Female Executives Top Company for Executive Women (2017)

• DiversityInc Noteworthy Company (2017)

• Disability Equality Index® (DEI) Best Place to Work for Disability inclusion (2017)

• Working Mother Media 100 Best Company (2017)

• Military Friendly Employer (2018)

8 days 9 hours ago

Massachusetts Mutual Life Insurance Company

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Actuarial Data Scientist Massachusetts Mutual Life Insurance Company - New York City, NY, United States

   

Location: New York City, NY

Company Profile:
Massachusetts Mutual Life Insurance, known affectionately as MassMutual, brings a multitude of financial services to its membership base. A leading US mutual life insurer, the firm provides life policies, annuities, money management, and retirement planning to individuals and businesses in the US and abroad. Founded in 1851, MassMutual also offers disability income insurance, long-term care insurance, structured settlement annuities, and trust services. Its subsidiaries include OppenheimerFunds (mutual funds), Baring Asset Management (international investment), and Babson Capital Management (investor services) with its Cornerstone Real Estate Advisors (real estate investment management) subsidiary.