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Massachusetts Mutual Life Insurance Company

Pension Actuary

Massachusetts Mutual Life Insurance Company - Boston, MA

Massachusetts

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 at MassMutual value diversity and inclusion. 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 seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. 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

POSITION SUMMARY

The Defined Benefit Actuarial team provides valuation and consulting services on the funding strategy and plan design of qualified defined benefit retirement plans. The annual valuations determine required and permitted contributions, provides information for company accounting reporting, and government filing purposes necessary to retain the plan’s tax qualified status.

RESPONSIBILITIES

Consults with clients on all aspects of their Retirement Program with a focus on their DB plan.

Uses judgment to engage other resources (internal and external) as needed.

Coordinates/oversees resources to deliver/manage client assignments, such as plan design, funding and accounting strategies, nondiscrimination, testing, general compliance, PPA/ERISA requirements, implementation of plan mergers and terminations, review of government reports, annual results delivery and annual filings. Responsible for the quality, clarity and timing of all actuarial services delivered to clients.

Actively supports complex integrated investment/funding strategies including LDI, glide and hedge paths.

Positively represents our DB capabilities and supports marketing endeavors and business development opportunities.

BASIC QUALIFICATIONS

Bachelor’s Degree in Math, Finance or Actuarial Science

Enrolled Actuary (EA) designation and/or Fellow of Society of Actuaries (FSA)

8 years of Pension Actuarial experience

Advanced knowledge of Excel, Word, and Access and ability to learn new systems quickly

Strong interpersonal and communication skills; able to document complex issues, methodologies, and resolutions such that others can readily understand them

Ability to manage multiple, complex tasks and meet tight deadlines with focus on quality and customer service

Adaptable to changing priorities and continually look for new ways to improve processes

Organized, attentive to detail, and able to work independently

Authorized to work in the United States without sponsorship now or in the future

PREFERRED QUALIFICATIONS

10 years of Pension Actuarial experience

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)

20 days 14 hours ago

Massachusetts Mutual Life Insurance Company

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Pension Actuary Massachusetts Mutual Life Insurance Company - Boston, MA, United States

   

Location: Boston, MA

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.