Mutual Opportunities
Actuary - Inforce Analytics & Regulatory Oversight
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
Actuary – Inforce Analytics & Regulatory Oversight
Full-Time, Springfield or Boston
The Opportunity
The Dividend, Inforce Management and Experience Studies organization within Corporate Actuarial is looking for an energetic actuary with strong analytical skills to join the Inforce Analytics & Regulatory Oversight team. Reporting to the Head of Inforce Analytics & Regulatory Oversight, you will have an opportunity to use your business and actuarial analytic skills to provide expert-level analysis and thought leadership regarding inforce management and other inforce-related regulatory deliverables.
The Team
The Inforce Analytics & Regulatory Oversight Team is motivated to be a trusted partner and go-to provider of thought leadership, subject matter expertise, and insights into inforce management. This small, high performing team is comprised of seasoned actuaries and financial professionals who are responsible for the analytics and modeling systems used for profitability and surplus analysis for life and annuity products as well as overseeing the execution of key regulatory deliverables (e.g. NGE compliance and filings, Illustration Actuary Certifications, 4228 monitoring and filings, etc.). The team manages complex regulatory certifications and supporting analysis, monitors non-guaranteed elements, and partners across Actuarial, Finance, Product, Distribution and Law to deliver actionable insights to inform inforce decision making and ensure compliance with evolving regulatory requirements.
The Impact
The team is actively looking for an Actuary to advance and serve as a subject matter expert on inforce analytics and various regulatory deliverables, with key responsibilities including:
- Supporting the production and documentation of Illustrations Regulation Testing for inforce non-traditional life and term plans, UltraCare, and executive benefit plans as well as supporting Illustration Actuary oversight for traditional whole life participating products and associated riders
- Managing New York Non-Guaranteed Elements (NY NGE) compliance, including coordinating with other stakeholders involved in monitoring towards ensuring compliance
- Supporting other, ongoing regulatory related deliverables, including NY Section 4228
- Develop, analyze, document, and communicate profitability studies for non-traditional life, executive benefit, term product and certain annuity products
- Monitor and propose changes to non-guaranteed elements, including crediting rate setting and repricing to achieve profitability objectives and reflect current experience
- Manage and support the ongoing maintenance of applicable actuarial models that support profitability, illustration regulation testing and other inforce analytics
- Collaborate with cross-functional teams to support ad hoc and other strategic initiatives, including the modeling and reporting build out for Value of Inforce or other Inforce Profit Metric (i.e. Embedded Value) as well as development of product inventories and associated dashboards for real time monitoring of inforce portfolio
- Identify and implement continuous improvement opportunities and regularly adapt current tools, models, processes and reporting to meet business needs
The Minimum Qualifications
- Bachelor’s degree in Mathematics, Actuarial Science, Finance or Computer/Data Science or related field
- 5+ years of actuarial experience working in insurance, risk or financial services
- Associate of the Society of Actuaries (ASA)
The Ideal Qualifications
- Fellow of the Society of Actuaries (FSA) or near-FSA
- Member, American Academy of Actuaries a plus
- Experience with insurance products, insurance accounting and finance and field compensation
- Experience with NY NGE compliance and NY Section 4228 a plus
- Advanced proficiency in actuarial modeling tools (e.g., APL, Prophet, AXIS, MG ALFA) and modern data analytics platforms (e.g., Excel, SQL, Alteryx, Python); experience leveraging generative AI tools to increase improve workflows and efficiency a plus
- Strategic thinker who can work independently and distill findings into key conclusions and recommendations
- Self-motivated and driven self-starter
- Role models behaviors (e.g., strong interpersonal skills, intellectual curiosity, high level of professionalism, inclusive behaviors, initiative and sense of urgency, orientation toward team and enterprise success)
- Effectively manage and deliver on multiple concurrent deliverables
- Analyze and comprehend complex information, as well as convey complex materials to non-technical audiences
- Authorized to work in the US with or without sponsorship now or in the future
#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
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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
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