Actuarial Associate - Actuarial Leadership Development Program

MassMutual; Boston (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

MassMutual offers the Actuarial Leadership Development Program (ALDP) in Boston, MA or Springfield, MA, with a December 2026 start date. The program rotates you through actuarial functions, pairing you with mentors and high-profile projects within a Fortune 100 company.

It provides exam support and leadership development while exposing you to diverse teams and meaningful work. As an ALDP participant, you will gain broad exposure to actuarial lines, collaborate with senior leaders, and build

Qualifications

• BA or BS with a quantitative focus.
• Must have passed at least 4 actuarial exams
• Must have at least 3 years of professional experience in an actuarial related position

Responsibilities

• Participate in actuarial rotations across business lines.
• Mentors: Learn from a mentor who will provide career and exam guidance, development, coaching and support.
• Meaningful Projects: Apply your knowledge by participating in high profile projects.
• Networking with senior actuaries: Attend networking lunches with MassMutual actuaries including senior leaders.

Skills

Analytical skills

Leadership

Excel VBA

Actuarial modeling

Independent work

Cross collaboration

Education

BA/BS in Mathematics or Actuarial

Tools

Prophet

Job description

Actuarial Associate

Actuarial Leadership Development Program

Boston, MA or Springfield, MA

We are hiring for a start date of December 2026.

The Opportunity

MassMutual values Actuaries and their key leadership role in helping MassMutual achieve its strategic goals. The Actuarial Leadership Development Program (ALDP) 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

We have a current opening in the ALDP for an experienced Actuarial Associate to join our rotational program.

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

The Minimum Qualifications

• BA or BS with a quantitative focus (e.g., Mathematics, Actuarial, Finance, Economics or related major)
• Must have passed at least 4 or more actuarial exams
• Must have at least 3 years of professional experience in an actuarial related position

The Ideal Qualifications

• Commitment to pursue Fellowship in the Society of Actuaries
• Demonstrated leadership skills from either school or work
• Strong analytical skills with hands-on experience using actuarial modeling platforms
• Experience in annuities, especially variable annuity and/or index-linked annuity, is a plus
• Experience in Prophet is a plus
• Ability to work independently and manage multiple projects
• Strong technical skills using Excel, VBA
• Cross collaboration experience working across multiple stakeholder groups

What You Can Expect at MassMutual

• 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

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.

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