Massachusetts Mutual Life Insurance

Springfield, MA, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a highly analytical and detail-oriented individual with a passion for numbers and financial analysis? Do you have a strong understanding of actuarial principles and techniques? If so, Massachusetts Mutual Life Insurance (MassMutual) is seeking an ALDP Actuarial Analyst to join our team. As an ALDP Actuarial Analyst, you will play a crucial role in supporting our actuarial department by performing complex calculations and analyses to help guide our business decisions. We are looking for a driven and motivated individual who is eager to learn and grow within a dynamic and collaborative environment. If this sounds like you, we encourage you to apply and become a part of our team at MassMutual.

  1. Conduct complex actuarial calculations and analyses to support business decisions and ensure accurate financial reporting.
  2. Utilize actuarial principles and techniques to evaluate and analyze financial data and identify trends and patterns.
  3. Collaborate with cross-functional teams to gather data, develop models, and communicate results.
  4. Assist with the development and maintenance of actuarial models and tools to improve efficiency and accuracy.
  5. Conduct research and stay updated on industry trends and changes in regulations to ensure compliance.
  6. Prepare reports and presentations to communicate findings and recommendations to stakeholders.
  7. Participate in project planning and execution, ensuring timely completion of tasks and deliverables.
  8. Identify and implement process improvements to enhance productivity and accuracy.
  9. Maintain confidentiality and accuracy of sensitive financial information.
  10. Continuously learn and develop skills to stay up-to-date with industry best practices and advancements.
  11. Collaborate with team members to support and mentor junior analysts.
  12. Adhere to company policies and procedures and act in accordance with ethical standards.
Where is this job?
This job is located at Springfield, MA, USA
Job Qualifications
  • Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field.

  • At Least 1-2 Years Of Experience In An Actuarial Role, Preferably In The Life Insurance Industry.

  • Strong Mathematical And Analytical Skills, With A Solid Understanding Of Actuarial Principles And Methods.

  • Proficiency In Actuarial Software, Such As Sas, Excel, Or Prophet.

  • Excellent Communication And Interpersonal Skills, With The Ability To Effectively Present Complex Actuarial Concepts To Non-Technical Stakeholders.

Required Skills
  • Financial Analysis

  • Communication Skills

  • Data Analysis

  • Time Management

  • Statistical modeling

  • Predictive modeling

  • Risk assessment

  • Problem-Solving

  • Excel proficiency

  • Investment Analysis

  • Actuarial Science

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 ALDP Actuarial Analyst in Springfield, MA, USA is $58,000-$82,000 per year. However, this may vary depending on factors such as the specific company, years of experience, and individual qualifications.

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 PostedJanuary 29th, 2024
Apply BeforeMay 22nd, 2025
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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.

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