Michael J. P.
About Michael J. P.
Michael J. P. serves as the Head of Financial Actuarial at MassMutual Ascend, a position he has held since 2021. With extensive experience in the actuarial field, he previously worked at Great American Insurance Group and KPMG, among others.
Work at MassMutual Ascend
Michael J. P. has been serving as the Head of Financial Actuarial at MassMutual Ascend since 2021. In this role, he oversees the financial actuarial functions and leads initiatives that enhance operational efficiency. He is based in Cincinnati, Ohio, and has contributed significantly to the organization during his tenure. Notably, he served as the lead negotiator for a $14 billion reinsurance transaction, showcasing his expertise in financial negotiations and risk management.
Previous Experience at Great American Insurance Group
Prior to joining MassMutual Ascend, Michael J. P. worked at Great American Insurance Group for 21 years, holding the positions of Executive Vice President, Chief Risk Officer, and Chief Actuary. His extensive experience in these roles allowed him to develop a deep understanding of risk assessment and actuarial practices. His long tenure at the company reflects his commitment to the insurance industry and his capability in managing complex actuarial functions.
Career Background at KPMG and Metropolitan Life
Michael J. P. began his career as a Consulting Actuary at KPMG from 1988 to 1990. He then worked at Metropolitan Life as an Actuary for 11 years, from 1977 to 1988. These early roles provided him with foundational skills in actuarial science and consulting, which he has built upon throughout his career. His diverse experience across different organizations has equipped him with a broad perspective on actuarial practices.
Education and Expertise in Actuarial Science
Michael J. P. holds a Bachelor of Science degree in Actuarial Science from St. John's University. His educational background has been instrumental in shaping his career in the actuarial field. His expertise in actuarial science is evident through his successful projects, including the development of a modeling platform that resulted in $1 million in annual savings and a 40% increase in coding efficiency.