Actuarial Analyst - Actuarial Leadership Development Program

Massachusetts Mutual Life Insurance Company (MassMutual); Boston (MA); On-site; USD 88,000 - 116,000; Full time

Benefits offered by this job

Reimbursement for actuarial exam fees

Study materials and seminars

Bonus opportunities

Job summary

You will gain rigorous exam support, broad technical knowledge, and leadership experience while contributing to MassMutual’s strategic goals within a Fortune 100 company. Competitive compensation and comprehensive benefits accompany this structured development track.

Qualifications

• Bachelor’s Degree 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

Responsibilities

• Participate in the Actuarial Leadership Development Program rotations across actuarial functions and lines of business
• Work with mentors to gain career guidance, exam support, and professional development
• Contribute to meaningful projects and collaborations within MassMutual’s actuarial teams
• Engage in networking events and executive speaker sessions to build leadership competencies

Skills

Bachelor’s Degree in quantitative area

Completion of actuarial exams

Pursuit of Society of Actuaries Fellow

Education

Bachelor’s Degree (quantitative)

Job description

Actuarial Analyst

Actuarial Leadership Development Program

Full-Time

Boston, MA or Springfield, MA

We are hiring for a start date of December 2026.

The Opportunity: Why should I consider MassMutual?

MassMutual values Actuaries and their key leadership role in helping MassMutual achieve its strategic goals. The Actuarial Leadership Development Program provides you with all the benefits needed to not only successfully pass actuarial exams, but to prepare you for leadership roles throughout the organization. The rotational design of the program exposes students to a broad breadth of experiences as well as technical and industry knowledge. You will experience working in a diverse and established Fortune 100 Company while having fun and building relationships that will last a lifetime.

The Team

The MassMutual Actuarial Leadership Development Program offers unparalleled experience and development opportunities for college graduates. Our program is designed to support you through your exams and prepare you for leadership roles. You’ll gain broad technical and industry knowledge through your rotations in various business and corporate units around the company.

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

• Bachelor’s Degree 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.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

MassMutual is an equal employment opportunity employer. We welcome all persons to apply.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

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.For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.