Mutual Opportunities
Actuary - Experience Insights & Assumption Management
Boston, Massachusetts; Springfield, Massachusetts
Thank you to our employees for voting us one of the top places to work in Massachusetts for seven consecutive years!
Overview
At MassMutual, actuaries play a key role in the company’s strategic decision-making. They support our expanding client base by developing innovative products, identifying new market opportunities, and driving initiatives that fuel business growth.
Our actuarial team draws intellectually curious individuals who want to work somewhere where they’re empowered to make change. At MassMutual you’ll find challenging and impactful work, a culture of recognition, and a supportive growth environment.
“At MassMutual, our actuarial community is driven by a shared commitment to excellence, innovation, and impact. We empower our actuaries to grow through meaningful work, collaborative teams, and a culture that values both technical rigor and human connection. Whether you're just starting out or advancing your career, you'll find opportunities here to shape the future of financial security while building a career that matters.”
Job Description
The Opportunity
MassMutual is looking for a well‑rounded and motivated actuary to join the Experience Insights & Assumption Management team. In this role, the individual will own high‑impact analytical work and partner with the Actuarial Data Science team to translate emerging experience into actionable business insights, influencing decisions across Corporate Actuarial, Finance, Risk, Product, and Operations.
The Team
The Experience Insights & Assumption Management team sits within Corporate Actuarial and is responsible for enterprise-wide experience analysis and actuarial assumption development across MassMutual’s insurance portfolio. The team collaborates within Corporate Actuarial and across various stakeholder teams to advance experience capabilities that connect emerging trends to earnings, capital, pricing, valuation, and risk management, helping leaders across the organization make informed decisions.
The Impact
Reports to: Head of Experience Insights & Assumption Management
As a key member of the Experience Insights & Assumption Management team, you will shape how emerging experience is understood across the enterprise, ensuring that assumptions are analytically sound, business-relevant, clearly communicated, and developed in accordance with applicable actuarial standards—directly supporting MassMutual’s long-term financial strength and strategic objectives.
- Independently develop and execute complex experience analysis across life, health, annuity, and related products, ensuring analytical rigor and transparency
- Recommend actuarial assumptions informed by emerging experience, industry benchmarks, and business context, clearly articulating impacts to earnings, capital, pricing, valuation, and risk management
- Act as an analytical owner for key experience and assumption processes, proactively identifying issues, data limitations, or risks and driving solutions
- Support governance committees related to experience studies and assumptions by preparing analyses, materials, and recommendations consistent with corporate standards
- Communicate complex actuarial findings in a clear, decision-oriented manner
- Own high-quality written deliverables, presentations, and documentation related to experience studies and assumptions, continuously improving clarity, structure, and impact
- Identify opportunities to enhance experience monitoring, analytics, and assumption-setting processes through improved methodologies, data pipelines, tools, and visualization
Minimum Qualifications
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field
- ASA designation
- 5+ years of actuarial experience in areas of experience studies, assumptions, pricing, valuation, or risk management
Ideal Qualifications
- FSA designation
- Experience across multiple product lines (life, health, annuity)
- Demonstrated ability to communicate effectively across a wide range of stakeholders
- Experience with data science, analytics and visualization skills (e.g., Python, R, SQL, Tableau, Power BI, Alteryx) and leveraging generative AI tools to enhance workflows and analysis
- Exposure to assumption governance or enterprise actuarial oversight activities
#LI-KM1
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.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $144,800-$190,000
Hiring Process
Explore
Explore our open jobs by clicking 'search jobs' to find a position that aligns with your experience and skills. You may also consider joining our Talent Network.
Apply
Click the “apply” button on that job posting to complete and submit your application. Your application will be reviewed by a recruiter, which, due to the volume of applications received, may take some time as we carefully consider each application.
Screen
After your application has been reviewed, if you meet the qualifications for the role, a recruiter will reach out to you to start a conversation.
Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 85% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say the work they do at MassMutual is meaningful - 85% of employee respondents say they feel encouraged to come up with new and better ways of doing things
*Source: 2025 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. 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.
We strive to build a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
Candy
Marketing Consultant
Atsam
Head of Advisor/Client Experience & Business Excellence
Erica
Head of Procurement
where we work
Springfield Office
1295 State Street, Springfield, MA
Boston Office
10 Fan Pier Blvd, Boston, MA
New York Office
2 Park Ave,
New York, NY
Virtual
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