Actuary – Pension Risk Transfer (PRT) Pricing

About the role

MassMutual is seeking an Actuary to join its growing Pension Risk Transfer (PRT) team within the Institutional Solutions business. The role focuses on pricing, analysis, and underwriting of US pension risk transfer and UK longevity reinsurance transactions.

Key responsibilities

• Price US Pension Risk Transfer and UK longevity reinsurance opportunities.
• Develop and underwrite proposals for new business, including contract and certificate reviews.
• Conduct risk analyses, modify pricing models, and perform sensitivity testing.
• Solicit and analyze competitive data and maintain relationships with consultants and advisors.

Required profile

• Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related discipline.
• 5+ years of experience in actuarial, quantitative, or financial analysis roles, with a focus on pricing, valuation, modeling, or risk analysis.
• ASA designation (FSA preferred).
• Demonstrated ability to manage multiple concurrent deliverables and communicate complex information to non‑technical audiences.

Required skills

• Actuarial pricing and valuation expertise.
• Risk analysis and model development.
• Strong analytical, critical‑thinking, and problem‑solving abilities.

What we offer

• Clear ownership and accountability linked to company and customer outcomes.
• Collaborative environment that welcomes diverse perspectives.
• Access to learning, development, and internal networks for continuous growth.
• Culture grounded in integrity, responsibility, and stewardship.