This paper presents a model for the electromechanically coupled dynamic behavior of dielectric elastomer actuators (DEA). The main goal is to develop a lumped, dynamic model which can be used for the optimization of actuator design in specific applications as well as for the synthesis of high precision, model-based feedback control algorithms. A mass-biased membrane actuator with an annular geometry is chosen as a reference case to introduce the modeling concept. The mechanical model extends standard linear visco-elasticity through the introduction of a nonlinear hyperelastic Ogden element. Electromechanical coupling is implemented through the Maxwell stress concept. The DEA model is then experimentally calibrated and validated for both quasi static and dynamic loading conditions. It can be shown that both mechanical preloading and electric actuation can be reproduced over a relevant range of masses and frequencies.