Massachusetts Mutual Life Insurance

Actuarial Consultant - Internal Audit

Massachusetts Mutual Life Insurance

Boston, MA, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Are you a detail-oriented and analytical individual looking for a challenging role in the insurance industry? Do you have a strong understanding of actuarial principles and a passion for risk management? Look no further, as Massachusetts Mutual Life Insurance is seeking a dynamic Actuarial Consultant to join our Internal Audit team.As an Actuarial Consultant, you will play a crucial role in ensuring the accuracy and integrity of our financial reporting and risk management processes. You will work closely with various departments to conduct audits, identify potential risks, and provide recommendations to improve our overall business operations. Your expertise in actuarial science and keen eye for data analysis will be essential in helping us maintain our reputation as a trusted and financially stable insurance provider.We are searching for candidates with a Bachelor's degree in Actuarial Science, Mathematics, or a related field, along with at least 3 years of experience in actuarial consulting or internal audit. Professional certifications such as ASA, FSA, or CERA are preferred. Additionally, strong communication and problem-solving skills are a must, as you will be interacting with stakeholders at all levels of the organization.If you are ready to take on new challenges and make a significant impact in the insurance industry, we encourage you to apply for this exciting opportunity. Join our team at Massachusetts Mutual Life Insurance and be a part of our mission to secure the financial future of our clients.

  1. Conduct audits of financial reporting and risk management processes to ensure accuracy and integrity.
  2. Identify potential risks and provide recommendations to improve business operations.
  3. Utilize actuarial principles and data analysis to support decision-making and risk management.
  4. Collaborate with various departments to gather information and provide insights for audits.
  5. Communicate audit findings and recommendations to stakeholders at all levels of the organization.
  6. Stay up-to-date on industry regulations and best practices to ensure compliance.
  7. Use actuarial expertise to assist in developing and implementing policies and procedures.
  8. Provide support in developing and maintaining actuarial models and tools.
  9. Analyze complex data and present findings in a clear and concise manner.
  10. Participate in special projects and initiatives related to risk management and financial reporting.
  11. Identify opportunities for process improvement and efficiency.
  12. Assist in training and mentoring junior team members.
  13. Maintain and promote a positive and professional working relationship with colleagues and clients.
  14. Adhere to ethical standards and principles in all work activities.
  15. Continuously strive to enhance skills and knowledge in the field of actuarial science.
Where is this job?
This job is located at Boston, MA, USA
Job Qualifications
  • Bachelor's Or Master's Degree In Actuarial Science, Mathematics, Or A Related Field.

  • Professional Actuarial Designation Such As Asa Or Fsa.

  • Experience In Internal Audit Or Risk Management Within The Insurance Industry.

  • Strong Knowledge Of Actuarial Principles, Practices, And Regulations.

  • Excellent Analytical, Communication, And Problem-Solving Skills.

Required Skills
  • Financial Analysis

  • Process Improvement

  • Communication Skills

  • Data Analysis

  • Time Management

  • Risk assessment

  • Teamwork

  • Problem-Solving

  • Compliance review

  • Audit planning

  • Audit reporting

  • Insurance Regulations

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Actuarial Consultant - Internal Audit in Boston, MA, USA is $88,000 to $120,000 per year. This may vary depending on the specific company, experience level, and other factors. Some companies may offer higher salaries and additional benefits for this role.

Additional Information
Massachusetts Mutual Life Insurance is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedMay 29th, 2024
Apply BeforeJuly 20th, 2025
This job posting is from a verified source. 
Reposted

Apply with Video Cover Letter Add a warm greeting to your application and stand out!

About Massachusetts Mutual Life Insurance

The Massachusetts Mutual Life Insurance Company, founded in 1851, is an American mutual life insurance company serving five million clients. With headquarters in Springfield, Massachusetts, the company employs more than 7,000 in the United States, and a total of 10,614 internationally.

Frequently asked questions

Get interviewed today!

JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.

Get Started