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Actuarial Development Program Jobs in Massachusetts

AIG

Actuarial Analyst

Boston, MA

$62K - $78K/yr

That is why we created our Total Rewards Program, a comprehensive benefits package that extends ... We invest in our largest asset, our people, through continuous learning and development, in a ...

Berkley

Actuarial Analyst

Boston, MA · Hybrid

Rating Development & Competitive Analysis: * Develop and enhance rating methodologies for both ... program (1-2 exams passed) or other insurance professional designations. * 0-1 years of actuarial ...

Posted today

Point32health

Actuarial Analyst II

Canton, MA · Hybrid

Job Summary Conduct analysis and data development for a broad range of financial and actuarial ... Tuition program * Well-being benefits * Full suite of benefits to support career development ...

Point32Health

Actuarial Analyst II

Canton, MA · On-site

Job Summary Conduct analysis and data development for a broad range of financial and actuarial ... Tuition program * Well-being benefits * Full suite of benefits to support career development ...

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All JobsActuarial Development Program JobsActuarial Development Program Jobs in Massachusetts

Actuarial Development Program information

See Massachusetts salary details

$55.7K

$124.2K

$172.6K

How much do actuarial development program jobs pay per year?

As of Aug 21, 2026, the average yearly pay for actuarial development program in Massachusetts is $124,151.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,600.00 and $138,700.00 per year, depending on experience, location, and employer.

What is an actuarial development program?

An Actuarial Development Program (ADP) is a structured early-career program designed for aspiring actuaries. It typically offers rotational assignments across different actuarial teams, allowing participants to gain diverse experience in risk assessment, pricing, reserving, and financial modeling. These programs often provide study support for actuarial exams, mentorship, and professional development opportunities. The goal is to help candidates build technical skills, industry knowledge, and leadership abilities while progressing toward actuarial certification.

What kinds of career growth can participants expect from an actuarial development program?

An Actuarial Development Program is designed to foster both professional and personal growth by providing structured exam support, mentorship, and rotational assignments across various actuarial functions such as pricing, reserving, and forecasting. Participants are typically given dedicated study time and financial assistance for actuarial exams, which accelerates their progression toward full actuarial credentials. Successful candidates often advance to senior actuarial analyst or associate roles and eventually into leadership positions, depending on performance and exam completion. The program also helps build a strong professional network and develops a broad understanding of the insurance or financial industry, making graduates highly competitive for future advancement.

What are the key skills and qualifications needed to thrive in the actuarial development program position, and why are they important?

To thrive in an Actuarial Development Program, you need strong analytical and mathematical skills, typically supported by a degree in actuarial science, mathematics, statistics, or a related field. Proficiency in data analysis tools such as Excel, SAS, or R, and progress towards actuarial exams through the Society of Actuaries or Casualty Actuarial Society, are essential. Effective communication, teamwork, and problem-solving abilities are crucial soft skills for collaborating with diverse teams and explaining complex findings. These skills and qualifications are important to ensure accurate risk assessment, support sound business decisions, and accelerate professional growth within the actuarial field.

What are the most commonly searched types of Actuarial Development Program jobs in Massachusetts?

The most popular types of Actuarial Development Program jobs in Massachusetts are:

What are popular job titles related to Actuarial Development Program jobs in Massachusetts?

For Actuarial Development Program jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Actuarial Development Program jobs in Massachusetts look for?

The top searched job categories for Actuarial Development Program jobs in Massachusetts are:

What cities in Massachusetts are hiring for Actuarial Development Program jobs?

Cities in Massachusetts with the most Actuarial Development Program job openings:

Actuarial Development Program jobs near you
Infographic showing various Actuarial Development Program job openings in Massachusetts as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $124,151 per year, or $59.7 per hour.

Actuarial Analyst - Actuarial Leadership Development Program

Massachusetts Mutual Life Insurance Company (MassMutual)

Boston, MA • On-site

$88K - $115K/yr

Full-time

This job post has expired today. Applications are no longer accepted.

MassMutual rating

7.8

Company rating: 7.8 out of 10

Based on 37 frontline employees who took The Breakroom Quiz

196th of 311 rated insurance

Job description

Actuarial Analyst
Actuarial Leadership Development Program
Full-Time
Boston, MA or Springfield, MA
The Opportunity: Why should I consider MassMutual?
MassMutual values Actuaries and their key leadership role in helping MassMutual achieve its strategic goals. The Actuarial Leadership Development Program provides you with all the benefits needed to not only successfully pass actuarial exams, but to prepare you for leadership roles throughout the organization. The rotational design of the program exposes students to a broad breadth of experiences as well as technical and industry knowledge. You will experience working in a diverse and established Fortune 100 Company while having fun and building relationships that will last a lifetime.
The Team
The MassMutual Actuarial Leadership Development Program offers unparalleled experience and development opportunities for college graduates. Our program is designed to support you through your exams and prepare you for leadership roles. You'll gain broad technical and industry knowledge through your rotations in various business and corporate units around the company.
The Impact
As a participant in the ALDP, you will experience the following:
  • Rotations: Engage in meaningful work that supports the success of the company as you are exposed to various business lines and actuarial functions through our rotational program.
  • Mentors: Learn from a mentor who will work closely with you to provide career and exam guidance, development, coaching and support.
  • Meaningful Projects: Apply your knowledge and skills by participating in high profile projects in a respected and highly rated company.
  • Networking Lunches with Senior Actuaries: Attend networking lunches that allow you to interact with senior actuaries at MassMutual, including the Chief Actuary 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.
  • External Seminars & Meetings: Attend actuarial seminars and meetings to enhance your understanding of industry issues and network with other industry professionals.
  • Corporate Learning & Development Programs: Participate in internal programs that allow you to develop leadership competencies in areas such as interpersonal relations, presentation skills, business acumen, and the like.
  • Community Volunteer Opportunities: Embrace the regular opportunities to give back to the local community alongside other MassMutual employees.
  • Social & Networking Events: Attend actuarial networking events with other students and company actuaries, such as mini-golf, bowling, softball, and exam recognition nights

Program participants will receive competitive compensation and benefits, reimbursement for exam fees, study materials, and seminars. They will also be paid for exam preparation. Bonuses and salary increases can be earned based on work performance, exam completion and advancement in professional designation.
The Minimum Qualifications
  • BA or BS with a quantitative focus (e.g., Mathematics, Actuarial, Finance, Economics or related major)
  • Completion of 1 or more actuarial exams
  • Commitment to pursue Fellowship in the Society of Actuaries

The Ideal Qualifications
  • Previous experience as a MassMutual Actuarial Intern
  • Must have a cumulative GPA of 3.0 or higher
  • Strong computer skills (e.g., Microsoft Excel, Word, PowerPoint, and Access)
  • Strong analytical skills
  • Demonstrated leadership skills
  • Ability to work independently and manage multiple projects
  • Demonstration of MassMutual's Winning Ways: Act With Integrity, Focus on the Customer, Value People, Work Collaboratively, and Achieve Results

What You Can Expect at MassMutual
MassMutual offers the opportunity to do meaningful work within a purpose-driven organization that values long-term impact over short-term outcomes. In this role, you can expect:
  • Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes
  • A collaborative environment where perspectives are welcomed
  • Access to learning, development, and internal networks that support continuous growth and skill-building over time
  • Employee-led communities and forums that foster connection, learning, and inclusion across the organization
  • A culture grounded in integrity, responsibility, and stewardship-supported by a company with a strong legacy and a future-focused mindset

#LI-KM1
Salary Range:
$88,300-$115,900
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.

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