Senior Head of Product

4 weeks ago


Boston MA, United States MassMutual Full time

This position leads the product and actuarial functions across the Institutional Solutions markets, setting strategy for ensuring market competitive solutions within profit and risk parameters, along with advanced analysis and actionable insights that drive strategic business delivery. Lead product development and product management capabilities and results across the Institutional Solutions markets, including Pension Risk Transfer, Funding Agreements, Institutional Insurance, and Stable Value Investments
Deliver actuarial, financial, risk management and analytics functionality across the institutional markets and for the overall business
Lead product changes and new product offerings including pricing, contracts, filing, risk assessment, and approvals from corporate functions
Liaison with Investment Management, Enterprise Risk and Barings on GIA management and invested asset needs
Influence growth across Institutional product lines by identifying and implementing opportunities for risk-controlled growth
Utilize competitive intelligence to enhance profitability, packaging and positioning
Comprehensive analysis of relevant risks, capital considerations and business profitability
Collaborate and influence with legal, corporate, reinsurance, accounting, treasury, and other enterprise partners to successfully execute transactions and enable institutional business strategy
Evaluate and execute on risk and capacity management options (in partnership with business leaders and corporate functions) that promote long-term growth and risk management
Drive deep financial and actuarial analysis that leads to actionable insights that further strengthen the profitability and risk profile of Institutional Solutions for both new business and in-force
Liaison to Corporate Risk Management, Finance, Actuarial and Valuation functions for the institutional products
Represent Institutional Solutions in actuarial and financial enterprise initiatives
Lead, motivate and develop a team of diverse and inclusive actuarial talent to achieve business objectives, develop succession pipelines and create a highly effective and inclusive team culture
12+ years in institutional financial services, with direct leadership experience in actuarial disciplines including pricing and product
~ High degree of financial acumen (actuarial, finance and economics)
~ Disciplined approach to strategic initiatives, business projects and day-to-day activities
~ Ability to analyze and comprehend complex information, as well as convey complex materials to senior executives
~ MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. #



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