Full Job Description
As a Modeling Actuary on the Dividend Analytics team, you will help build, maintain, and enhance the Python-based actuarial models and applications that support MassMutual's participating whole life products and dividend management processes. Working at the intersection of actuarial expertise and modern model development, you will partner with subject matter experts to translate complex business and modeling requirements into sustainable, well-governed solutions.
You will play a key role in the evolution of a modernized modeling platform, ensuring critical business models remain accurate, supportable, and adaptable as business needs evolve. Successful candidates will develop expertise in participating whole life products and dividend management concepts while helping advance the organization's long-term modeling capabilities.
The Dividend Analytics team sits within the DIMES organization in Corporate Actuarial and plays a critical role in maintaining and enhancing the models and analytics behind MassMutual's annual dividend, a direct reflection of the company's long-standing commitment to sharing its financial success with participating policyowners.
As a member of this small, highly specialized team with deep business and modeling expertise, you will play a central role in modernizing the team's dividend models within a Python environment while strengthening the team's long-term modeling, governance, and analytical capabilities.
The Impact
3474Primarily responsible for the conversion, ongoing enhancement, and long-term ownership of the Python-based dividend modeling platform supporting MassMutual's participating whole life products.
3474Translate business requirements, model enhancements, and analytical requests into maintainable, well-documented solutions.
3474Partner with actuarial subject matter experts to support model validation, testing, and production readiness.
3474Promote sound development standards, testing frameworks, documentation, and modeling best practices.
3474Over time, take on broader responsibilities within Dividend Analytics, extending beyond the modeling platform into the team's core analytical and dividend-setting work, including assumption development, regulatory testing, and dividend liability analysis.
The Minimum Qualifications
3474Bachelor's degree in actuarial science, mathematics, statistics, data science, computer science, engineering, or a related quantitative or technical field.
3474ASA designation.
34745+ years of actuarial experience within insurance, financial services, or a related quantitative field.
34743+ years of Python programming experience supporting analytical, actuarial, or modeling applications.
3474Experience developing, maintaining, validating, or enhancing actuarial, financial, or other complex quantitative models.
3474Demonstrated ability to translate business requirements into maintainable solutions while independently managing multiple priorities.
The Ideal Qualifications
3474FSA designation.
3474Experience with the design, pricing, modeling, or inforce management of participating life insurance products.
3474Experience modernizing or converting legacy actuarial models into modern platforms.
3474Understanding of model controls, governance, and risk management, including the ability to implement model development and management best practices.
3474Strong collaboration and communication skills, with the ability to work across technical and non-technical audiences and navigate ambiguity.
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:
3474Regular collaboration with actuarial and business subject matter experts responsible for critical dividend management processes.
3474Opportunities to help shape the future of a modernized modeling platform and tackle complex actuarial, financial, and analytical modeling challenges.
3474Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes.
3474Access to learning, development, and internal networks that support continuous growth and skill-building over time.
3474Employee-led communities and forums that foster connection, learning, and inclusion across the organization.
3474A culture grounded in integrity, responsibility, and stewardship, supported by a company with a strong legacy and a future-focused mindset.
Salary Range:
$144,800-$190,000
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.