Actuarial Analyst - Actuarial Leadership Development Program

Massachusetts Mutual Life Insurance Company (MassMutual) • $88K — $115K *
Springfield, MA 01109In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • BA or BS in a quantitative field (Mathematics, Actuarial Science, Finance, Economics, etc.)
  • Completion of at least 1 actuarial exam
  • Commitment to pursue Fellowship in the Society of Actuaries
  • Preferred previous experience as a MassMutual Actuarial Intern
  • Cumulative GPA of 3.0 or higher
  • Strong computer skills (Microsoft Excel, Word, PowerPoint, Access)
  • Strong analytical and demonstrated leadership skills

Responsibilities

  • Engage in meaningful work through a rotational program across various actuarial functions
  • Participate in high-profile projects impacting the company's success
  • Attend networking lunches with senior actuaries to foster relationships
  • Take part in executive speaker series to learn from company leaders
  • Participate in external seminars and meetings to broaden industry knowledge
  • Engage in corporate learning programs to develop leadership competencies
  • Contribute to community volunteer opportunities alongside colleagues

Benefits

  • Competitive compensation and benefits package
  • Reimbursement for exam fees, study materials, and seminars
  • Paid exam preparation time
  • Performance-based bonuses and salary increases
  • Access to employee-led community and networking events
  • Opportunities for continuous growth and skill-building through internal networks
Full Job Description
Actuarial Analyst

Actuarial Leadership Development Program

Full-Time

Boston, MA or Springfield, MA

The Impact

As a participant in the ALDP, you will experience the following:
  • Rotations: Engage in meaningful work that supports the success of the company as you are exposed to various business lines and actuarial functions through our rotational program.
  • Mentors: Learn from a mentor who will work closely with you to provide career and exam guidance, development, coaching and support.
  • Meaningful Projects: Apply your knowledge and skills by participating in high profile projects in a respected and highly rated company.
  • Networking Lunches with Senior Actuaries: Attend networking lunches that allow you to interact with senior actuaries at MassMutual, including the Chief Actuary and Chief Investment Officer.
  • Executive Speaker Series: Attend education forums presented by company leaders that will educate you on a variety of possible topics, including industry issues, line of business initiatives, and major projects. Past speakers have included the President & CEO, the CFO, and leaders of various lines of business.
  • External Seminars & Meetings: Attend actuarial seminars and meetings to enhance your understanding of industry issues and network with other industry professionals.
  • Corporate Learning & Development Programs: Participate in internal programs that allow you to develop leadership competencies in areas such as interpersonal relations, presentation skills, business acumen, and the like.
  • Community Volunteer Opportunities: Embrace the regular opportunities to give back to the local community alongside other MassMutual employees.
  • Social & Networking Events: Attend actuarial networking events with other students and company actuaries, such as mini-golf, bowling, softball, and exam recognition nights


Program participants will receive competitive compensation and benefits, reimbursement for exam fees, study materials, and seminars. They will also be paid for exam preparation. Bonuses and salary increases can be earned based on work performance, exam completion and advancement in professional designation.

The Minimum Qualifications
  • BA or BS with a quantitative focus (e.g., Mathematics, Actuarial, Finance, Economics or related major)
  • Completion of 1 or more actuarial exams
  • Commitment to pursue Fellowship in the Society of Actuaries


The Ideal Qualifications
  • Previous experience as a MassMutual Actuarial Intern
  • Must have a cumulative GPA of 3.0 or higher
  • Strong computer skills (e.g., Microsoft Excel, Word, PowerPoint, and Access)
  • Strong analytical skills
  • Demonstrated leadership skills
  • Ability to work independently and manage multiple projects
  • Demonstration of MassMutual's Winning Ways: Act With Integrity, Focus on the Customer, Value People, Work Collaboratively, and Achieve Results


What You Can Expect at MassMutual
MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect:
  • Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
  • A collaborative environment where perspectives are welcomed
  • Access to learning, development, and internal networks that support continuous growth and skill-building over time
  • Employee-led communities and forums that foster connection, learning, and inclusion across the organization
  • A culture grounded in integrity, responsibility, and stewardship-supported by a company with a strong legacy and a future-focused mindset


#LI-KM1

Salary Range:
$88,300-$115,900

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

About Massachusetts Mutual Life Insurance Company (MassMutual)

Massachusetts Mutual Life Insurance Company (MassMutual) Careers

Joining the team at Massachusetts Mutual Life Insurance Company (MassMutual) offers more than just a job; it opens the door to a world of job opportunities where professional growth and personal development are encouraged and nurtured. Massachusetts Mutual Life Insurance Company (MassMutual) stands as a beacon of innovation, leadership, and diversity in the insurance industry.

Explore Career Opportunities

Massachusetts Mutual Life Insurance Company (MassMutual) is actively hiring and offers a variety of positions that cater to different skills and career aspirations. From entry-level roles to leadership positions, the company seeks passionate, creative, and solution-driven team players. Explore the numerous job opportunities at Massachusetts Mutual Life Insurance Company (MassMutual) to find a position that matches your skills and interests.

Internship Programs

Kickstart your career with Massachusetts Mutual Life Insurance Company (MassMutual)'s internship programs. These opportunities provide invaluable industry experience, networking prospects, and a chance to work on real projects that impact the company and its clients. Internships at Massachusetts Mutual Life Insurance Company (MassMutual) are a stepping stone to full-time employment and offer a deep dive into the culture and operations of a leading insurance provider.

Employee Benefits and Culture

Massachusetts Mutual Life Insurance Company (MassMutual) is committed to supporting its team members not only in their professional lives but also in their personal growth. The company offers comprehensive benefits designed to nurture the well-being of its employees and their families. The culture at Massachusetts Mutual Life Insurance Company (MassMutual) is built on a foundation of respect, integrity, and diversity, fostering an environment where everyone can thrive.

Professional Development and Growth

Career growth at Massachusetts Mutual Life Insurance Company (MassMutual) is propelled by continuous learning and development opportunities. The company invests in diversity training, leadership programs, and innovation workshops to ensure that every team member has the resources to advance their career. Employees are encouraged to expand their knowledge base and acquire new skills through various training and development programs.

Networking and Innovation

At Massachusetts Mutual Life Insurance Company (MassMutual), networking and innovation go hand in hand. Employees are encouraged to connect with colleagues and industry professionals, enhancing their career prospects and contributing to the company's leadership in the market. The collaborative environment ensures that innovative ideas are shared and celebrated.

Join the Massachusetts Mutual Life Insurance Company (MassMutual) Team

Search open positions that align with your career goals at Massachusetts Mutual Life Insurance Company (MassMutual). Prepare your resume, hone your interview skills, and get ready to join a team that values leadership and professional growth. Discover how Massachusetts Mutual Life Insurance Company (MassMutual) can transform your career aspirations into reality.

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Explore Jobs and Careers at Massachusetts Mutual Life Insurance Company (MassMutual)

Whether you are seeking a new challenge, a leadership role, or a collaborative team environment, Massachusetts Mutual Life Insurance Company (MassMutual) offers a dynamic and supportive workspace for everyone. Check out the latest job openings and embark on a rewarding career journey with Massachusetts Mutual Life Insurance Company (MassMutual).
Learn more about Massachusetts Mutual Life Insurance Company (MassMutual)
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Finance & Insurance
* Ladders Estimates

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