Actuary - Actuarial Investments & Audit

The Opportunity

As an Actuary for Actuarial Investments and Audit, you will step into a high impact role where your actuarial expertise helps shape meaningful change across the enterprise! In this role, you will operate as an actuarial risk and control expert, providing advice to audit associates and business area leadership, while championing compliance with standards for audit practices and procedures. You will work independently and collaboratively to support complex, risk-based audits across the actuarial, risk, and investment domains, delivering value added recommendations that strengthen control effectiveness and drive positive change across the enterprise.

The Team

You’ll join a high performing Actuarial & Investments Audit team of about 50 professionals around the globe; all committed to strengthening MassMutual’s control environment and supporting strategic growth. The Actuarial & Investments Audit team—based in Boston and Springfield—combines actuarial, risk, investment, and audit expertise to tackle complex challenges and drive meaningful change. We foster a culture of learning, inclusion, collaboration, and open communication, partnering closely with business leaders and cross functional teams to deliver insights that make a real impact.

The Impact:

In this role, you’ll have the opportunity to influence key decisions across MassMutual by bringing actuarial insight into some of the company’s most important risk and control areas. Our team assists the MassMutual Board of Directors Audit Committee and management in monitoring, analyzing, and strengthening internal controls. You’ll shape how the business manages emerging risks, strengthen core processes, and collaborate across teams to deliver work that truly makes an enterprise-wide impact.

In this role, you will:

• Lead engaging, complex audits across valuation, pricing, product development, FP&A, investments, ALM, hedging, and risk management.
• Assess inherent and residual risks and evaluate the effectiveness of internal controls to support sound business decisions.
• Evaluate methods, assumptions and processes to ensure alignment with internal standards, best practices, and Actuarial Standards of Practice.
• Develop and nurture relationships with strong partnerships across the business and Corporate Audit to enhance communication, collaboration, and influence.
• Provide meaningful, actionable recommendations that help leaders address emerging risks and drive continuous improvement across the enterprise.

The Minimum Qualifications

• Bachelor’s degree in actuarial science, mathematics, statistics, or related discipline.
• ASA designation
• 5+ years of progressive actuarial, financial, investments, or audit experience.

The Ideal Qualifications

• FSA designation
• Professional designations in finance, investments, or audit (e.g. CFA, CIA, etc.)
• Experience with actuarial tools (GGY AXIS, Prophet)
• Familiarity with programming languages and visualization tools (e.g. R, Python, SQL, Alation, MicroStrategy, Tableau).
• Strong communication and influencing skills with leaders at various levels
• Experience with audit techniques, including evaluating risks and controls, testing calculations, audit validation, negotiating control improvements, and confirming their implementation.
• Demonstrates a strong understanding of inherent and residual risks to assess the design and effectiveness of internal controls.

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Actuarial and Investments Audit team.
• Focused one-on-one meetings with your manager
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups.
• Access to learning content on Degreed and other informational platforms.
• Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits.

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Salary Range:

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. 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. At MassMutual, we Live Mutual.

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.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees.  Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.  For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.