Fall 2023 Actuarial Internship Program - Remote - US

Fall 2023 Actuarial Internship Program
Part-Time (15-20 hours per week)
Remote US

Disclaimer:
This position is expected to start in September and continue through 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. You’ll also have demonstrated leadership skills through your time in school, work or through 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 year, or a recent college graduate. Interns are expected to graduate between December 2023 and June 2025
• Must have a minimum current cumulative GPA of 3.0
• Interested in pursuing a designation from the Society of Actuaries
• Demonstrated leadership skills through school, work or volunteer activities
• Demonstrated proficiency in oral and written communication

The Ideal Qualifications

• 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

• $25.00/hr USD

What to Expect as Part of MassMutual and the Team

• Regular meetings with your team
• Focused one-on-one meetings with your manager
• Access to mentorship opportunities
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, 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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