Mutual Opportunities
Actuarial Director of Life Products Financial Reporting
Boston, Massachusetts; Springfield, Massachusetts
Thank you to our employees for voting us one of the top places to work in Massachusetts for seven consecutive years!
Overview
At MassMutual, actuaries play a key role in the company’s strategic decision-making. They support our expanding client base by developing innovative products, identifying new market opportunities, and driving initiatives that fuel business growth.
Our actuarial team draws intellectually curious individuals who want to work somewhere where they’re empowered to make change. At MassMutual you’ll find challenging and impactful work, a culture of recognition, and a supportive growth environment.
“At MassMutual, our actuarial community is driven by a shared commitment to excellence, innovation, and impact. We empower our actuaries to grow through meaningful work, collaborative teams, and a culture that values both technical rigor and human connection. Whether you're just starting out or advancing your career, you'll find opportunities here to shape the future of financial security while building a career that matters.”
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
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $159,800-$209,700
Hiring Process
Explore
Explore our open jobs by clicking 'search jobs' to find a position that aligns with your experience and skills. You may also consider joining our Talent Network.
Apply
Click the “apply” button on that job posting to complete and submit your application. Your application will be reviewed by a recruiter, which, due to the volume of applications received, may take some time as we carefully consider each application.
Screen
After your application has been reviewed, if you meet the qualifications for the role, a recruiter will reach out to you to start a conversation.
Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 85% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say the work they do at MassMutual is meaningful - 85% of employee respondents say they feel encouraged to come up with new and better ways of doing things
*Source: 2025 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. 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.
We strive to build a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
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