Actuarial Analyst - Actuarial Leadership Development Program

MassMutual • Springfield, MA

18h • Hybrid

About The Position

The Actuarial Leadership Development Program (ALDP) at MassMutual offers unparalleled experience and development opportunities for college graduates. This program is designed to support participants through their actuarial exams and prepare them for leadership roles within the organization. Participants will gain broad technical and industry knowledge through rotations in various business and corporate units. The program emphasizes meaningful work, mentorship, high-profile projects, networking with senior actuaries, executive speaker series, external seminars, corporate learning and development programs, community volunteer opportunities, and social events. MassMutual values actuaries and their leadership role in achieving strategic goals, providing comprehensive benefits to support exam success and leadership preparation.

Requirements

• 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
• 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
• 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 who will provide 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 such as interpersonal relations, presentation skills, and business acumen.
• Participate in community volunteer opportunities.

Benefits

• Competitive compensation
• Reimbursement for exam fees
• Study materials
• Seminars
• Paid for exam preparation
• Bonuses and salary increases based on work performance, exam completion, and professional designation advancement
• Incentive and bonus opportunities
• Variable Incentive Compensation component (in sales-focused roles)
• Industry leading pay and benefits

What This Job Offers

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