{"schemaVersion":"jobsearcher.job.v1","id":"e0f7fc677392774f34f9313f","url":"https://jobsearcher.com/jobs/e0f7fc677392774f34f9313f","canonicalUrl":"https://jobsearcher.com/jobs/e0f7fc677392774f34f9313f","title":"Python Modeling Actuary","description":"Overview\n\nAt MassMutual, actuaries play a key role in the company’s strategic decision-making. They support our expanding client base by developing innovative products, identifying new market opportunities, and driving initiatives that fuel business growth.\n\nOur actuarial team draws intellectually curious individuals who want to work somewhere where they’re empowered to make change. At MassMutual you’ll find challenging and impactful work, a culture of recognition, and a supportive growth environment.\nJob Description\nThe Opportunity\n\nAs a Modeling Actuary on the Dividend Analytics team, you will help build, maintain, and enhance the Python-based actuarial models and applications that support MassMutual's participating whole life products and dividend management processes. Working at the intersection of actuarial expertise and modern model development, you will partner with subject matter experts to translate complex business and modeling requirements into sustainable, well-governed solutions.\n\nYou will play a key role in the evolution of a modernized modeling platform, ensuring critical business models remain accurate, supportable, and adaptable as business needs evolve. Successful candidates will develop expertise in participating whole life products and dividend management concepts while helping advance the organization's long-term modeling capabilities.\n\nThe Team\n\nThe Dividend Analytics team sits within the DIMES organization in Corporate Actuarial and plays a critical role in maintaining and enhancing the models and analytics behind MassMutual's annual dividend, a direct reflection of the company’s long-standing commitment to sharing its financial success with participating policyowners.\n\nAs a member of this small, highly specialized team with deep business and modeling expertise, you will play a central role in modernizing the team's dividend models within a Python environment while strengthening the team's long-term modeling, governance, and analytical capabilities.\n\nThe Impact\nPrimarily responsible for the conversion, ongoing enhancement, and long-term ownership of the Python-based dividend modeling platform supporting MassMutual's participating whole life products.\nTranslate business requirements, model enhancements, and analytical requests into maintainable, well-documented solutions.\nPartner with actuarial subject matter experts to support model validation, testing, and production readiness.\nPromote sound development standards, testing frameworks, documentation, and modeling best practices.\nOver time, take on broader responsibilities within Dividend Analytics, extending beyond the modeling platform into the team's core analytical and dividend-setting work, including assumption development, regulatory testing, and dividend liability analysis.\nThe Minimum Qualifications\nBachelor's degree in actuarial science, mathematics, statistics, data science, computer science, engineering, or a related quantitative or technical field.\nASA designation.\n5+ years of actuarial experience within insurance, financial services, or a related quantitative field.\n3+ years of Python programming experience supporting analytical, actuarial, or modeling applications.\nExperience developing, maintaining, validating, or enhancing actuarial, financial, or other complex quantitative models.\nDemonstrated ability to translate business requirements into maintainable solutions while independently managing multiple priorities.\nThe Ideal Qualifications\nFSA designation.\nExperience with the design, pricing, modeling, or inforce management of participating life insurance products.\nExperience modernizing or converting legacy actuarial models into modern platforms.\nUnderstanding of model controls, governance, and risk management, including the ability to implement model development and management best practices.\nStrong collaboration and communication skills, with the ability to work across technical and non-technical audiences and navigate ambiguity.\nWhat You can Expect at MassMutual\n\nMassMutual 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:\n\nRegular collaboration with actuarial and business subject matter experts responsible for critical dividend management processes.\nOpportunities to help shape the future of a modernized modeling platform and tackle complex actuarial, financial, and analytical modeling challenges.\nClear areas of ownership and accountability, with work that connects directly to company and customer outcomes.\nAccess to learning, development, and internal networks that support continuous growth and skill-building over time.\nEmployee-led communities and forums that foster connection, learning, and inclusion across the organization.\nA culture grounded in integrity, responsibility, and stewardship, supported by a company with a strong legacy and a future-focused mindset.\nMassMutual is an equal employment opportunity employer. We welcome all persons to apply.\n\nIf you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.\n\nCalifornia residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.\n\nMassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.\n\nIt is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.\n\nSalary Range: $144,800-$190,000\nAward-Winning Culture\n\nMassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. 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.\n\nWe strive to build a thriving community where everyone is valued, included, and feels that they belong.\n\nAt MassMutual, we Live Mutual.\n\nHow We Work\n\nMassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.\n\nBenefits for the whole you (and your loved ones)\n\nThere’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.\n\nExplore some of our offerings below.\n\nPaid Time Off\nIn addition to generous vacation time, paid holidays, and flexible holidays, MassMutual offers 'take care' time to care for yourself or someone you love—whether for physical illness or mental health.\nHealth & Well-Being\n\nIn addition to top-line medical and dental coverage, personalized mental health solutions, on-site and virtual health coaching, and much more, MassMutual reimburses employees up to $1,250 per year for eligible expenses supporting mental, physical, and financial well-being.\n\nFinancial Well-Being\n\nIn addition to competitive salaries and bonuses, educational assistance programs, and much more, MassMutual offers up to a 10% total 401(k) benefit, consisting of a 5% company match and a 5% annual contribution.\n\nTaking Care\n\nMassMutual offers generous maternity and parental leaves, as well as bereavement leave to mourn the loss of a loved one (and the employee defines 'loved one'). In addition, we offer up to 320 hours of caregiver leave to help employees support loved ones in times of need.\n\nGiving Back\n\nMassMutual offers three paid days for employees to volunteer with eligible nonprofits of their choice, and the MassMutual Foundation matches employee donation dollars to eligible nonprofit organizations up to $5,000 annually.\n\nCommuter Benefits\n\nMassMutual offers a Qualified Commuter Program through which eligible employees can pay qualified workplace commuting expenses with before-tax dollars, as well as a commuter wallet option for employees based at Boston and NYC campuses.","company":"MassMutual","rawCompany":"massmutual","city":"Springfield","state":"MA","isRemote":false,"isActive":false,"createdAt":"2026-08-27T03:19:04.357Z","occupations":[{"code":"15-2011.00","title":"Actuaries","slug":"actuaries"},{"code":"13-2099.01","title":"Financial Quantitative Analysts","slug":"financial-quantitative-analysts"},{"code":"15-2051.00","title":"Data Scientists","slug":"data-scientists"}],"industries":[{"code":"524113","title":"Direct Life Insurance Carriers","slug":"direct-life-insurance-carriers"},{"code":"523940","title":"Portfolio Management and Investment Advice","slug":"portfolio-management-and-investment-advice"},{"code":"524298","title":"All Other Insurance Related Activities","slug":"all-other-insurance-related-activities"}],"jobPosting":{"@context":"https://schema.org","@type":"JobPosting","title":"Python Modeling Actuary","description":"Overview\n\nAt MassMutual, actuaries play a key role in the company’s strategic decision-making. They support our expanding client base by developing innovative products, identifying new market opportunities, and driving initiatives that fuel business growth.\n\nOur actuarial team draws intellectually curious individuals who want to work somewhere where they’re empowered to make change. At MassMutual you’ll find challenging and impactful work, a culture of recognition, and a supportive growth environment.\nJob Description\nThe Opportunity\n\nAs a Modeling Actuary on the Dividend Analytics team, you will help build, maintain, and enhance the Python-based actuarial models and applications that support MassMutual's participating whole life products and dividend management processes. Working at the intersection of actuarial expertise and modern model development, you will partner with subject matter experts to translate complex business and modeling requirements into sustainable, well-governed solutions.\n\nYou will play a key role in the evolution of a modernized modeling platform, ensuring critical business models remain accurate, supportable, and adaptable as business needs evolve. Successful candidates will develop expertise in participating whole life products and dividend management concepts while helping advance the organization's long-term modeling capabilities.\n\nThe Team\n\nThe Dividend Analytics team sits within the DIMES organization in Corporate Actuarial and plays a critical role in maintaining and enhancing the models and analytics behind MassMutual's annual dividend, a direct reflection of the company’s long-standing commitment to sharing its financial success with participating policyowners.\n\nAs a member of this small, highly specialized team with deep business and modeling expertise, you will play a central role in modernizing the team's dividend models within a Python environment while strengthening the team's long-term modeling, governance, and analytical capabilities.\n\nThe Impact\nPrimarily responsible for the conversion, ongoing enhancement, and long-term ownership of the Python-based dividend modeling platform supporting MassMutual's participating whole life products.\nTranslate business requirements, model enhancements, and analytical requests into maintainable, well-documented solutions.\nPartner with actuarial subject matter experts to support model validation, testing, and production readiness.\nPromote sound development standards, testing frameworks, documentation, and modeling best practices.\nOver time, take on broader responsibilities within Dividend Analytics, extending beyond the modeling platform into the team's core analytical and dividend-setting work, including assumption development, regulatory testing, and dividend liability analysis.\nThe Minimum Qualifications\nBachelor's degree in actuarial science, mathematics, statistics, data science, computer science, engineering, or a related quantitative or technical field.\nASA designation.\n5+ years of actuarial experience within insurance, financial services, or a related quantitative field.\n3+ years of Python programming experience supporting analytical, actuarial, or modeling applications.\nExperience developing, maintaining, validating, or enhancing actuarial, financial, or other complex quantitative models.\nDemonstrated ability to translate business requirements into maintainable solutions while independently managing multiple priorities.\nThe Ideal Qualifications\nFSA designation.\nExperience with the design, pricing, modeling, or inforce management of participating life insurance products.\nExperience modernizing or converting legacy actuarial models into modern platforms.\nUnderstanding of model controls, governance, and risk management, including the ability to implement model development and management best practices.\nStrong collaboration and communication skills, with the ability to work across technical and non-technical audiences and navigate ambiguity.\nWhat You can Expect at MassMutual\n\nMassMutual 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:\n\nRegular collaboration with actuarial and business subject matter experts responsible for critical dividend management processes.\nOpportunities to help shape the future of a modernized modeling platform and tackle complex actuarial, financial, and analytical modeling challenges.\nClear areas of ownership and accountability, with work that connects directly to company and customer outcomes.\nAccess to learning, development, and internal networks that support continuous growth and skill-building over time.\nEmployee-led communities and forums that foster connection, learning, and inclusion across the organization.\nA culture grounded in integrity, responsibility, and stewardship, supported by a company with a strong legacy and a future-focused mindset.\nMassMutual is an equal employment opportunity employer. We welcome all persons to apply.\n\nIf you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.\n\nCalifornia residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.\n\nMassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.\n\nIt is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.\n\nSalary Range: $144,800-$190,000\nAward-Winning Culture\n\nMassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. 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.\n\nWe strive to build a thriving community where everyone is valued, included, and feels that they belong.\n\nAt MassMutual, we Live Mutual.\n\nHow We Work\n\nMassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.\n\nBenefits for the whole you (and your loved ones)\n\nThere’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.\n\nExplore some of our offerings below.\n\nPaid Time Off\nIn addition to generous vacation time, paid holidays, and flexible holidays, MassMutual offers 'take care' time to care for yourself or someone you love—whether for physical illness or mental health.\nHealth & Well-Being\n\nIn addition to top-line medical and dental coverage, personalized mental health solutions, on-site and virtual health coaching, and much more, MassMutual reimburses employees up to $1,250 per year for eligible expenses supporting mental, physical, and financial well-being.\n\nFinancial Well-Being\n\nIn addition to competitive salaries and bonuses, educational assistance programs, and much more, MassMutual offers up to a 10% total 401(k) benefit, consisting of a 5% company match and a 5% annual contribution.\n\nTaking Care\n\nMassMutual offers generous maternity and parental leaves, as well as bereavement leave to mourn the loss of a loved one (and the employee defines 'loved one'). In addition, we offer up to 320 hours of caregiver leave to help employees support loved ones in times of need.\n\nGiving Back\n\nMassMutual offers three paid days for employees to volunteer with eligible nonprofits of their choice, and the MassMutual Foundation matches employee donation dollars to eligible nonprofit organizations up to $5,000 annually.\n\nCommuter Benefits\n\nMassMutual offers a Qualified Commuter Program through which eligible employees can pay qualified workplace commuting expenses with before-tax dollars, as well as a commuter wallet option for employees based at Boston and NYC campuses.","datePosted":"2026-08-27T03:19:04.357Z","dateModified":"2026-08-27T03:19:04.357Z","hiringOrganization":{"@type":"Organization","name":"MassMutual","sameAs":"https://jobsearcher.com"},"jobLocation":{"@type":"Place","address":{"@type":"PostalAddress","addressLocality":"Springfield","addressRegion":"MA","addressCountry":"US"}},"identifier":{"@type":"PropertyValue","name":"JobSearcher","value":"e0f7fc677392774f34f9313f"},"url":"https://jobsearcher.com/jobs/e0f7fc677392774f34f9313f"}}