MassMutual

We help people secure their future and protect the ones they love.

Boston, MA, USA

Hybrid

View Profile

Jobs//Hybrid//Boston, MA//Internships//

Actuarial Internship - Fall 2024 (part-time)

Apply

By clicking Apply Now you agree to share your profile information with the hiring company.

Actuarial Internship Program - Fall 2024
Part-Time (15-20 hours per week)
Remote US
Disclaimer:
This position is expected to start in early September and continue through early December. We ask for a minimum of 15 hours per week. The position is fully remote, and the candidates can continue taking college classes in the Fall while getting valuable experience through our actuarial internship program.
The Opportunity
At MassMutual, we are looking for and investing in students who will become integral to the company's future. The Fall Actuarial Internship Program begins in September and is designed to provide development opportunities to interns pursuing an Actuarial career path. You will work on key assignments that make a difference to the future of a business or corporate unit. Assignments are designed for you to gain valuable professional experience. Beyond your day-to-day responsibilities, you will be invited to participate in educational and networking activities with other interns, Actuarial students and Actuaries. You will experience working in a diverse and established Fortune 100 Company while having fun and building relationships that will last a lifetime. Successful Interns could receive an offer for full-time employment upon graduation.
Our ideal candidate is a strong analytical thinker who is able to work independently, as well as collaboratively across diverse teams. We are looking for candidates with demonstrated leadership skills at school, work or volunteering in your community. You'll use your skills to be a part of something meaningful, be surrounded by people you respect, and be inspired to reach your professional and personal goals.
Program Highlights

Community Support: Learn from a mentor, manager, day-to-day assignment leader and senior actuaries, who will work closely with you to provide career and exam guidance, personal development and coaching support.
Meaningful Projects: Apply your knowledge and skills by participating in high profile projects in a respected and highly rated company.
Excel and VBA Crash Courses: Attend a course taught specifically for our Actuarial Interns that will ensure you have the technical skills you need to be successful during the internship.
Pricing & Valuation Simulations: Participate in pricing and valuation exercises that teach you the foundations of traditional actuarial work.
Products 101 Series: Learn about our product suite and distribution channels from the subject matter experts across MassMutual in this online learning series.
Networking Sessions with Actuaries: Attend networking sessions that allow you to interact with and learn from actuaries at MassMutual, which in the past has included the Chief Actuary, CFO and Chief Investment Officer.
Executive Speaker Series: Attend education forums presented by company leaders that will educate you on a variety of possible topics, including industry issues, line of business initiatives, and major projects. Past speakers have included the President & CEO, the CFO, and leaders of various lines of business.
Actuarial Community: Develop an understanding of what it is like to be a part of a cohesive actuarial community that revolves around genuine relationships and continuous support.

The Impact
Our employees are the embodiment of the idea that we all are stronger and better through our support for one another. By valuing people for who they are, how they think, and what they bring to the table, we've become a stronger, more innovative company. You'll learn from the diverse collaborative work environments of our teams and also have the ability to apply what you've learned through your classwork and exam studies in a professional corporate environment. Your project work in your assigned area will give you the opportunity to have a direct impact on the organization as we work towards achieving our strategic goals.
The Minimum Qualifications

Junior or Senior at the start of the internship in September, or a recent college graduate. Interns are expected to graduate between December 2024 and June 2026
Interested in pursuing a designation from the Society of Actuaries

The Ideal Qualifications

3.0 GPA
Demonstrated leadership skills through school, work or volunteer activities
Demonstrated proficiency in oral and written communication
Strong computer skills (e.g., Microsoft Excel, Word, PowerPoint and Access)
Introductory programming skills in VBA, Python, R, or SQL
Strong analytical skills
Ability to work independently and manage multiple projects
Demonstration of MassMutual's Core Values: Act with Integrity, Focus on the Customer, Value People, Work Collaboratively, and Achieve Results

Compensation

Starting at $25.00/hr USD

#LI-CM1
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

Apply Now

By clicking Apply Now you agree to share your profile information with the hiring company.

Email For Later

loading ...

Emailed

By clicking Apply Now you agree to share your profile information with the hiring company.

Alex Mark

Director of Migration Technology

SYNERGISTIC INNOVATION

Making finance fun, agile and innovative

To Alex Mark, ‘synergy’ isn’t a buzzword. It’s what he works to optimize as MassMutual’s director of migration technology. Whether it’s sunsetting a legacy company platform or transitioning from another organization’s tech stack through a merger or acquisition, he aims to make these shifts as synergistic as possible. Mark, who has a background in both tech and finance, said, “What makes MassMutual different in fintech is that it gives you a place to innovate.” He added, “Our agile mindset allows us to quickly pivot in the industry. The way we look at finance is fun, agile and innovative.”

The culture here is great, especially if you’re a dev or into tech — there are tons of growth resources available to you. MassMutual does a great job of serving customers while also encouraging employees to think outside the box and innovate.

Asieh Ahani

Head of Data Analytics

Personal Growth

Observing trends and solving problems

Asieh Ahani leads the data analytics team at MassMutual. Her team is constantly observing the latest industry trends so they can solve problems at scale and track the impact on the organization. Her team, she said, “is empowered to harness technology to drive data-driven decision-making.” When it comes to what sets MassMutual apart, Ahani said her team and the company overall value iterative progress for self-improvement on professional growth, wellness and work-life balance.

I joined MassMutual because the type of projects my team was working on were very interesting and aligned with my interests and expertise in leveraging data science. I stayed because I had a great career path here.

Kymberly Terry

Digital Team Lead

Diversity, Equity & Inclusion

Supporting colleagues and celebrating wins

As a digital team lead at MassMutual, Kymberly Terry knows the value of creating strong cross-functional connections in a product team. One of the best experiences with that she had, she said, was the rotating DEI discussion groups that were intentionally made up of people from different teams and weren’t led by managers. “A scrum expert could be having a conversation with a product manager from a different team. It was another way to support your colleagues and celebrate their wins and to know where they might be having challenges,” she said. “It was also a catalyst for equity.”

One of the things that I appreciate the most about being a part of my team is really the inclusive culture. It's ingrained in every aspect of not only the work that we do, but also the way we interact with each other.

What are MassMutual Perks + Benefits

MassMutual Benefits Overview

At MassMutual, employees have the opportunity to earn a competitive salary and bonus, enroll in an
array of benefits, and participate in programs and services that support healthy lifestyles, assist them
in building financial security for themselves and their families and help them live well-balanced lives.

Culture

Volunteer in local community

Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift, Matching Time and Volunteer Time Off Programs.

Partners with nonprofits

Every year, MassMutual and the MassMutual Foundation invest more than $20 million focused on advancing economic opportunity. https://www.massmutual.com/about-us/corporate-responsibility/foundation

Open door policy

OKR operational model

Team based strategic planning

Open office floor plan

Employee resource groups

Employee-led culture committees

Hybrid work model

In-person all-hands meetings

Employees can either attend the in-person all-hands meeting, watch live via Zoom, or watch the recording. All employees are invited to submit questions.

Employee awards

Flexible work schedule

Flexible work arrangements, including telecommuting, are available in many departments across the company.

Remote work program

In addition to two remote days per week, MassMutual offers employees four full remote weeks of their choice per year.

Diversity

Documented equal pay policy

Dedicated diversity and inclusion staff

Highly diverse management team

More than half of our Board of Directors are comprised of women and people of color, making it one of the most diverse groups in the industry.

Mandated unconscious bias training

Diversity manifesto

Diversity employee resource groups

Hiring practices that promote diversity

Diversity recruitment program

Health Insurance + Wellness

Flexible Spending Account (FSA)

A health care flexible spending account (FSA) allows employees to save money on a before-tax basis for eligible medical, dental and vision expenses, subject to IRS limits.

Disability insurance

For details on short term and long term disability insurance please visit https://www.massmutual.com/-/media/files/employee_benefits.pdf

Dental insurance

Basic Dental covers preventive and basic restorative care; Major Dental covers all that Basic covers, plus restorations and orthodontia (limits apply).

Vision insurance

Health insurance

To learn more about our Health and Welfare Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

Life insurance

For more information about our Life Insurance Benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

Pet insurance

Wellness programs

Team workouts

Mental health benefits

Transgender health care benefits

Wellness days

Abortion travel benefits

Our general medical travel benefit covers abortion-related travel.

Financial & Retirement

401(K)

In addition to our 401(k), MassMutual a cash balance plan that provides an account-based pension benefit based on accruals of pay credits and interest credits.

401(K) matching

Performance bonus

Charitable contribution matching

Every action supporting a common cause is meaningful, and our employees make a difference in their own communities through our Matching Gift and Matching Time Programs.

Pay transparency

Child Care & Parental Leave

Childcare benefits

Dependent care flexible spending account to allow you to set aside before tax dollars to pay for certain eligible child care expenses.

Generous parental leave

Leave for birth mothers of 18 weeks of fully paid leave. Non-birth mothers, fathers and adoptive parents eight weeks of fully paid parental leave.

Family medical leave

Caregiver leave: Up to two weeks paid leave to care for a loved one. Bereavement Leave: 15 days of paid time off to grieve the loss of a loved one with the employee defining who the loved one is.

Adoption Assistance

Company sponsored family events

MassMutual offers many opportunities for family events, from group volunteer experiences and chances to attend Red Sox games to business resource group-sponsored outings like annual pride parades.

Fertility benefits

Vacation + Time Off

Generous PTO

Paid holidays: 9 fixed and 1 floating. Vacation: starts at 19 vacation and personal days per calendar year, with increases at 5-year service intervals.

Paid volunteer time

Three days of paid time off is available to employees annually to give back to their communities, by sharing their time and talent with a cause close to their heart.

Paid holidays

Paid sick days

Occasional illness: up to 5 days per calendar year.

Flexible time off

Floating holidays

Bereavement leave benefits

Hardship benefits

320 hours of caregiver leave to take of loved ones when it matters most.

Office Perks

Commuter benefits

Free daily meals

Free snacks and drinks

Some meals provided

Onsite office parking

Recreational clubs

Relocation assistance

Fitness stipend

Home-office stipend for remote employees

MassMutual's wellness wallet is a stipend available to all employees, and can be used for myriad wellness-related purchases, including home-office purchases.

Meditation space

Mother's room

Onsite gym

Professional Development

Job training & conferences

Tuition reimbursement

Lunch and learns

Promote from within

Mentorship program

Continuing education stipend

Continuing education available during work hours

Online course subscriptions available