Actuarial Analyst - Actuarial Leadership Development Program

MassMutual • Boston, MA

2d • Hybrid

About The Position

The Actuarial Leadership Development Program (ALDP) at MassMutual is designed for college graduates seeking to develop into actuarial leaders. This full-time program offers comprehensive support for passing actuarial exams and prepares participants for leadership roles within the organization. Through a rotational structure, participants gain broad technical and industry knowledge by working in various business and corporate units. The program emphasizes mentorship, meaningful project involvement, networking with senior actuaries, executive speaker series, external seminars, corporate learning and development, community volunteer opportunities, and social events.

Requirements

• 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
• 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

Nice To Haves

• 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)

Responsibilities

• Engage in meaningful work that supports the success of the company through rotations in various business lines and actuarial functions.
• Learn from a mentor providing career and exam guidance, development, coaching, and support.
• Apply knowledge and skills by participating in high-profile projects.
• Interact with senior actuaries, including the Chief Actuary and Chief Investment Officer, through networking lunches.
• Attend education forums presented by company leaders on industry issues, business initiatives, and major projects.
• Attend actuarial seminars and meetings to enhance understanding of industry issues and network with professionals.
• Participate in internal programs to develop leadership competencies.
• Participate in community volunteer opportunities.

Benefits

• Competitive compensation
• Reimbursement for exam fees
• Study materials
• Seminars
• Paid for exam preparation
• Bonuses
• Salary increases based on work performance, exam completion and advancement in professional designation
• Incentive and bonus opportunities
• Bonus target or Variable Incentive Compensation component

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level