No, the word 'masterful' is an adjective, a word used to describe a noun.
A pronoun is a word that takes the place of a noun in a sentence.
The noun form of the adjective 'masterful' is masterfulness.
The word 'masterful' is the adjective form of the noun master.
Example use of the adjective 'masterful':
John Williams wrote a masterful score for the Star Wars movies.
Example use of a pronoun:
Williams won an Oscar for it. (the pronoun 'it' takes the place of the noun 'score' from the previous sentence.