Art Wallace
About Art Wallace
Art Wallace is the Chief Actuary at MassMutual, with over 20 years of experience in actuarial and risk management roles.
Company
Art Wallace is currently working at MassMutual as the Chief Actuary. He has been with MassMutual since October 2019. MassMutual, or Massachusetts Mutual Life Insurance Company, is a leading mutual life insurance company, headquartered in Springfield, Massachusetts. The company specializes in offering life insurance, disability income insurance, long-term care insurance, retirement/401(k) plan services, and annuities.
Title
Art Wallace holds the title of Chief Actuary at MassMutual. This role involves overseeing actuarial functions within the company, including assessing financial risks, analyzing statistical data, and implementing strategies to maintain the company's financial health.
Education and Expertise
Art Wallace studied at Trinity College-Hartford, where he majored in Mathematics and Economics. He achieved his Bachelor's degree from 1992 to 1996. With over 20 years of experience in actuarial and risk management roles, Wallace has a comprehensive background that spans various key positions in the industry.
Career at Prudential Financial
From 2014 to 2019, Art Wallace served as the Chief Actuary for US Businesses at Prudential Financial, located in the Hartford, Connecticut area. During his tenure, he was responsible for overseeing actuarial functions across the company's US businesses, ensuring that actuarial practices and procedures met the highest standards.
Career at Voya Financial
Art Wallace worked at Voya Financial from 2012 to 2014 as Chief Risk Officer - Retirement Services, based in Windsor, Connecticut. In this role, he led risk management efforts specifically tailored to retirement services, ensuring that the company's offerings were both secure and competitive in the market.
Career at The Hartford
For six years, from 2006 to 2012, Art Wallace served as the Head of Asset Liability Management (ALM) and Hedging at The Hartford in Hartford, Connecticut. In this capacity, he held a leadership role focused on managing the company's balance sheet risks and implementing hedging strategies to protect assets and liabilities.
Career at Oliver Wyman
From 2003 to 2006, Art Wallace worked as a Senior Consultant at Oliver Wyman in New York, NY. His consulting experience at Oliver Wyman involved focusing on financial services, where he provided expert advice and solutions to clients on various financial and actuarial matters.