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

Quantitative Consultant

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The Opportunity

 

As a quantitative consultant you will work in an agile, innovative and collaborative environment.? You will meet with internal business partners and other team members to agree on specifications so you can build/update excel models to accurately handle key transactions for life and annuity products.? You will validate that the results are accurate and that the model satisfies the business need.? You will initially assist with projects and then take a lead role on projects and direct other team members to assist you.

 

The Team

 

We are comprised of modelers and specialized customer service associates responsible for support of new business and in-force retail life policies and annuity contracts.? We have technical actuarial skillsets, excellent communication and problem solving skills and a detailed knowledge of our life and annuity products and functionality.? This combination is unique to our team. ?We question everything, make sure we only work on tasks that belong with our team, make our processes efficient, look for problems to solve and insert ourselves wherever we can be of assistance.? We anticipate future problems when developing solutions today.? We enhance customer experience and profitability by driving product design and system solutions and by presenting innovative, empathetic, solution-oriented communications to specialized service and exception requests.

 

The Impact

 

The following day-to-day position responsibilities will foster teamwork, accountability, agility, communication and leading others.? If successfully carried out, you will be efficient, avoid re-work and assist business partners with better servicing their customers.

  • If you are assisting on a project, make sure the project lead and business partners are aware of the status of your project deliverables
  • If you are a project lead, make sure those team members assisting you are aware of the tasks assigned to them as well as task delivery dates
  • If you are a project lead, make sure business partners are aware of the status of your project deliverables, including those assigned to other team members
  • Meet with business partners weekly to discuss delivery tasks
  • Decide which tasks you will work on each day and for how long
  • Identify tasks you do that shouldn?t be done in our organization
  • Identify tasks that can be made more efficient
  • Identify tasks that can be automated and given to business partners

 

The Minimum Qualifications

  • Bachelor?s degree in Mathematics, Actuarial Science, Statistics, Finance or related business discipline
  • Advanced Excel with the ability to create formulas, V-look ups, pivot tables.
  • A broad-based knowledge of actuarial business functions and statistical methods of analysis and technical acumen with computer tools and technology
  • Demonstrated ability to work cross-functionally with technical/ non-technical audiences
  • Comfortable dealing with both complexity and ambiguity, and able to explore multiple solutions to a problem
  • General knowledge of the life and annuity industry and products
  • Demonstrated ability to build excel models
  • Demonstrated ability to learn quickly
  • Demonstrated ability to work independently and with a group
  • Demonstrated ability to work remotely as part of a team

 

The Ideal Qualifications

  • Ability to work at both the 10,000 foot level and in the weeds and to switch between the two as needed
  • Business acumen, decision making and presentation skills
  • Leadership skills

 

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the Product Management 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 nosiness with industry leading pay and benefits

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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
Customized development tracks
Paid industry certifications
Personal development training
Virtual coaching services

Additional Perks + Benefits

To learn more about our comprehensive benefits please visit: https://www.massmutual.com/-/media/files/employee_benefits.pdf

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