Actuarial Associate - Actuarial Leadership Development Program
About The Position
MassMutual is hiring an experienced Actuarial Associate to join its Actuarial Leadership Development Program (ALDP), a rotational program designed to help actuaries pass exams and prepare for leadership roles. Participants gain exposure to business lines and actuarial functions while contributing to meaningful company work and high-profile projects. The program includes mentorship and career and exam guidance, networking with senior actuaries and company leaders, external actuarial seminars, corporate learning and development, and community and social activities. The role is based in Boston, Massachusetts, or Springfield, Massachusetts, with a start date of December 2026. MassMutual describes a collaborative, inclusive, purpose-driven environment with opportunities for learning, development, and connection across the organization. The salary range is $115,900–$152,100, with incentive and bonus opportunities described as part of total compensation.
Requirements
- Bachelor of Arts or Bachelor of Science with a quantitative focus, such as Mathematics, Actuarial Science, Finance, Economics, or a related major.
- Passed at least four actuarial exams.
- At least three years of professional experience in an actuarial-related position.
Nice To Haves
- Commitment to pursue Fellowship in the Society of Actuaries.
- Demonstrated leadership skills from school or work.
- Strong analytical skills and hands-on experience using actuarial modeling platforms.
- Experience in annuities, especially variable annuity and/or index-linked annuity products.
- Experience with Prophet.
- Ability to work independently and manage multiple projects.
- Strong technical skills using Excel and VBA.
- Experience collaborating across multiple stakeholder groups.
Responsibilities
- Participate in rotations across business lines and actuarial functions, performing meaningful work that supports the company.
- Work with a mentor for career and exam guidance, development, coaching, and support.
- Apply knowledge and skills to high-profile projects.
- Attend networking lunches with senior actuaries, including the Chief Actuary and Chief Investment Officer.
- Attend company executive speaker and education forums.
- Attend external actuarial seminars and meetings to learn about industry issues and network with professionals.
- Participate in internal learning and development programs to develop leadership competencies.
- Take part in community volunteer opportunities alongside MassMutual employees.
- Attend actuarial networking and social events.
Benefits
- Incentive and bonus opportunities as part of total compensation.
- Access to learning, development, and internal networks.
- Employee-led communities and forums that foster connection, learning, and inclusion.
- Industry-leading pay and benefits (details referenced in the Total Rewards at a Glance).
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
