Head and Health Financial Projection Models

Overview

Head of Life & Health Financial Projection Models
Modeling COE, CFO Organization
Full-Time, Springfield, MA or Boston, MA

The Opportunity

Mass Mutual is seeking a visionary leader to serve as the Head of Life and Health Financial Projection models within our Modeling Center of Excellence (COE). This role shapes actuarial and financial modeling for life and health products, driving innovation and excellence across the organization. You will lead a team responsible for designing, developing, and governing models that support forecasting, capital planning, asset-liability management (ALM), and stress testing.

Your leadership will ensure models are accurate, efficient, scalable and compliant with regulatory standards, while collaborating with Finance, Valuation, ALM, ERM, Investment Management and Technology. This role reports to the Head of Modeling Center of Excellence.

The Team

The Modeling Center of Excellence is a newly established team within Mass Mutual’s CFO organization. Its mission is to elevate modeling capabilities and enhance the speed, quality, and fidelity of integrated financial projection models that support FP&A, ALM, capital planning, and other downstream processes.

The Impact

• Strategic Leadership: Contribute to vision, priorities, and roadmap for the Modeling COE, aligning with enterprise objectives. Drive innovation in modeling techniques, tools, and processes to improve accuracy and efficiency.
• Collaboration & Influence: Build relationships with cross-functional teams, influence decision-making, and drive consensus on complex modeling initiatives. Communicate complex modeling results clearly to non-technical stakeholders. Partner with FP&A, Valuation, Capital Planning, Treasury, ALM, ERM, Investment Management and Product teams to deliver insights from projection models.
• Model Development & Governance: Oversee design, development, and maintenance of life and health actuarial projection models used for FP&A, ALM and capital planning. Ensure models comply with regulatory requirements (e.g., US Statutory, LDTI GAAP and economic bases) and internal controls. Lead model governance, including signoffs with ERM and audit, with robust documentation and validation frameworks.

• Model implementation and execution: Collaborate with cross-functional teams to support assumption update processes. Execute, validate and refine projection model outputs while monitoring model infrastructure and performance.
• Talent Development: Manage team performance, provide coaching and mentorship, and create opportunities for professional growth. Manage resources and prioritize projects to meet deadlines and strategic goals.
• Innovation & Continuous Improvement: Champion new ideas, tools, and methodologies to enhance modeling capabilities. Explore emerging technologies (e.g., machine learning, predictive analytics) to improve modeling capabilities.

The Minimum Qualifications

• FSA or equivalent actuarial designation
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field; advanced degree is ideal
• 10+ years of hands-on experience with actuarial models, including more than 5+ years leading and managing high-performing teams. Includes leading model development and production, setting technical direction, mentoring junior talents, and delivering high-quality analytical outputs.
• Expertise in financial projection models, financial analysis, valuation frameworks, and regulatory standards. Experience includes developing, validating, and interpreting complex projection models; applying advanced valuation methodologies across multiple product lines; conducting robust financial and scenario analyses; and ensuring compliance with evolving regulatory requirements such as statutory, GAAP, and principles-based frameworks.

The Ideal Qualifications and Key Competencies

• Deep technical proficiency in actuarial projection modeling and end-to-end processing
• Experience with Axis is highly preferred; familiarity with Prophet, MGALFA, or other actuarial software is a plus
• Experience with programming languages such as Python, R, VBA, Java, or C# is a plus
• Excellent communication and stakeholder management skills
• Strong leadership and team-building capabilities
• Ability to influence and drive change across the organization
• Strategic thinking and problem-solving
• Innovative mindset
• Act with integrity, transparency and accountability

What to Expect as Part of Mass Mutual and the Team

• Regular meetings with the Modeling Center of Excellence
• Focused one-on-one meetings with your manager
• Networking opportunities and inclusion in business resource groups
• Access to learning content on Degreed and other platforms
• Commitment to ethics and integrity within a stable company with competitive pay and benefits

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Mass Mutual 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 with the specifics of the assistance you need. California residents:
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