Actuarial Student - Health Product Management

The MassMutual Financial Group is a global, diversified financial services organization with more than $395 billion in total assets under management. Our family of companies serves the needs of nearly 13 million clients by providing a broad-based portfolio of financial products and services including: investments, annuities, disability income insurance, life insurance, retirement services/401(k) plans, trust services, mutual funds and long-term care insurance. MassMutual Financial Group is committed to providing an inclusive work environment that capitalizes on the talents and contributions of all employees, regardless of age, race, gender, background, religion, disability, national origin, sexual orientation, or personal interests and beliefs.  We understand the importance of a diverse range of talent and ideas, and encourage our employees to share in this understanding. We foster respect for our employees, and provide a culture where each individual has the opportunity to be just that – an individual. Our impressive array of talented employees enables us to provide exceptional service to our continually expanding, diverse client base.  The strong growth of our business, ongoing development of new products and expansion into new markets is dependent on the inclusive work environment we maintain.  RESPONSIBILITIESSupport Product Design Participate on product design teams. Conduct feasibility studies for product concepts/value propositions. Represent the financial/actuarial interest.  Support the establishment of pricing assumptions (e.g. morbidity, expenses, commissions, etc.) Includes review of current methodology and recommending methodology enhancements. Gather and analyze data necessary to set assumptions. Adjust assumptions to reflect trends and new product features. Support the establishment of premium and dividend rates that are adequate, accurate and competitive. Maintain new business pricing model and pricing methods.  Recommend enhancements to improve efficiency and accuracy. Development of premium rates for new and existing products that meet financial objectives. Verify that the rates are internally consistent and competitive.  Direct the implementation of new and revised products. Prepare product rate filings. Direct creation of rate files for new business systems and illustration system testing. Ensure that the product meets regulatory standards.  REQUIREMENTS Looking for a candidate with a minimum of 2 SOA Exams required up to ASA, with desire to achieve FSA.  (Job responsibilities will reflect level of exams hired). Computer languages desired but not required: APL Software languages required:  Excel, Word, and Access Strong analytical and problem solving skills Strong verbal and written communication skills desired Must drive for results, execute projects effectively and efficiently High level of independent action, initiative and innovation Ability to respond to changes in direction, tight deadlines and high pressure situations Ability to work in a team settingThis opening currently resides in Enfield, CT.  However, as organizations and their structures evolve, locations may be reevaluated and position location may change.  We are looking for candidates who have flexibility between MassMutual's two locations:  Springfield, MA, Enfield, CT. If you would like to apply to this position please click here   HTTPS://RECRUIT.MASSMUTUAL.COM:443/sap/bc/erecruiting/posting_apply?param=cG9zdF9pbnN0X2d1aWQ9NDgwRTMyRkY3MDE3MDAxRkUxMDA4MDAwQUEwNjY2RDQmY2FuZF90eXBlPQ%3d%3d&sap-client=200  If you are already registered on our site, hit the “Apply” button at the top left corner of the pageLogin our site and apply directly to the job.   If you are not registered on our site, please hit “Apply” at the top left corner of the page and click register.  Register on our site.  You will receive via email an acknowledgement of your registration.   The email acknowledgement will include a link that must be clicked and/or copied and pasted into your browser in order to complete registration.  The link is only valid for 24 hours.  Once you have completed the registration process, go to www.massmutual.com  log in to our site and search for job number 50068909 and "APPLY".   In addition, if you would like to learn more about MassMutual, please visit www.massmutual.com. MassMutual is an Equal Opportunity EmployerM/F/V/D    Contact Information: Company: MassMutual Financial Group Location: Enfield, CT 06082 Job Category: Accounting/Finance/Insurance Career Level: Student (Undergraduate/Graduate) Status: Full Time, Employee