Senior Actuarial Analyst, Forecast Analytics Development

Description

As 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.

Job Responsibilities

• Working closely with the Head of Forecasting & Analytics, along with other team members, develop analytics that provide forward looking insights into MassMutual Ascend’s GAAP and Statutory earnings forecast
• Develop automated, efficient and self-serve analytics utilizing our reporting and forecast data
• Reliably produce analytical reports to aid in explaining our forecast results, including actual versus forecast variances. These reports will be used to drive knowledge and understanding of our core business while guiding leadership to make impactful business decisions
• Produce accurate and timely monthly reporting requirements involving analytics of actual and forecast earnings as they progress through the calendar year
• Identifies notable trends and anomalies in actual and forecast analytics
• Identify key metrics that will aid in the financial storytelling to leadership in the finance and actuarial areas. Develop and monitor automated key metrics reports to further clarify these measures
• Works to provide explanations when the integrity of the report mechanics or underlying data are the source of report variability. Identify and implement solutions as necessary
• Seek knowledge and advice from others within actuarial and finance to explain reporting results; drive the summary of those results using the business expertise of the team
• Create efficient processes for existing reporting requirements
• Recommends improvements to process and reporting content
• Builds relationships within Forecasting team as well as other in actuarial and finance to understand our analytical needs
• Provide ad hoc analysis as needed to assist the team in forecast development or in the understanding of actual versus forecast results
• Develop knowledge of actuarial data sources and business acumen to increasingly improve the teams analytical abilities.
• Based on experience, may have supervisory role
• Performs other duties as assigned.
  
  

Desired Competencies

Business Acumen

• Performs work under general supervision.
• Experienced with standard concepts, practices, and procedures.
• Relies on experience and judgement to plan and accomplish goals.
• Works on assignments of moderate technical complexity.
• Naturally curious with innate desire to seek understanding. Desire to draw conclusions and understand the connectivity of results.
• Critical Thinking
• Gains knowledge and comprehends.
  
  

Communication

• Excellent verbal and written communication skills.
• Asks questions to confirm understanding.
• Works well in a dynamic, fast and collaborative environment and builds relationships to enhance the teams analytic capabilities
  
  

Minimum Qualifications

• Bachelor’s Degree or equivalent experience in Actuarial Science, Mathematics, Statistics, Business Analytics or a related discipline.
• 2 to 5 years of related experience in insurance, actuarial department or technical analytical role.
• Excel expertise, experience in Tableau, Power BI or other business analytics software
• Prior experience in financial planning and analysis is a plus
  
  

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..