Equity Quantitative Strategist

| Greater Boston Area

If this sounds like a fit, we’re looking to hire a Equity Quantitative Strategist to join our team.

Why we need you.

We’re growing, and our clients deserve the best. As a Quantitative Strategist you’ll have an opportunity to contribute research and views on the equity index markets in support of MassMutual’s Variable Annuity and Macro Equity hedging programs . In this role, as well as all roles within MassMutual, you will demonstrate accountability, agility, a dedication to be inclusive, a strong business acumen, and will show courage, even in the most difficult situations. We also highly value strong communication skills, a passion for learning, leadership traits, resilience and self-awareness.

What success looks like:

  • Create quantitative frameworks to optimize and analyze investment/hedging strategies for equity indices
  • Develop and deepen expertise with currencies to aid in the management of MassMutual’s currency hedging program
  • Collaborate with team members to advance the progress of a multi-year initiative to modernize and enhance MassMutual Investment Management’s risk analytics and reporting platform
  • Deepen the department’s relationship with MassMutual’s Data Science team to enrich research efforts with large data sets and drive common interests
  • Work with Enterprise Risk Management to provide model validation and program oversight support

What your days and weeks will include:

The Equity Quantitative Strategist will be a member of the Quantitative Research and Development (R&D) team within Investment Management’s Portfolio Management group. The candidate will provide color on relevant market events and look to create and test quantitative equity strategies that can aid the portfolio management team in its decision process. The position requires strong subject matter expertise in quantitative methods, equity index derivatives and Python development. The Strategist will also work with developers and other team members to enhance MassMutual Investment Management’s analytics platform to further our overall mission to increase policyholder value.

The qualifications that are needed for this role:

  • Degree in math, statistics, computer science, quantitative finance, or engineering
  • Strong statistical skills
  • 7+ years of relevant work experience – deep understanding of option greeks and uses of both listed and OTC equity index options along with delta one instruments (futures, TRS) in portfolio management
  • Deep understanding of implied volatility and relative value analysis and familiarity with modeling non-vanilla derivatives
  • Ability to deliver equity market insights that can be converted into tradable portfolio management strategies
  • Programming proficiency in Python, SQL, and VBA
  • Bias towards continuous improvement
  • Authorized to work in the US without sponsorship now or in the future

Additional skills that make you a great fit:

  • Graduate degree from top tier school
  • Experience in a market risk setting at an insurance company, asset manager, bank, or hedge fund
  • CFA/MBA/MFE
  • Familiarity with nuances of variable annuity products

Read Full Job Description

Technology we use

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Location

We currently have two Boston office locations at both 470 Atlantic Ave and One Marina Park.

An Insider's view of MassMutual

How do you collaborate with other teams in the company?

As a Product Owner, I spend most of my time collaborating with others across different business units. On any given day, I could be spending time brainstorming design concepts of upcoming features with our design team or assisting them with presenting these concepts to outside users as part of our user testing process.

Ryan

Digital Product Owner

What makes someone successful on your team?

Successful people on my team are: passionate, curious, receptive, and engaged. Each team member is expected to be passionate about the work that they do, and the domains in which they practice. They are always solving unique problems and must be curious about finding new solutions.

David

Digital Lead

What’s the vibe like in the office?

We work in an open floor plan, so there is a lot of opportunity for networking across roles, teams and levels. Everyone is very friendly and welcomes the opportunity to get to know other people on the floor.

Kristina

Digital Product Manager

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.
Intracompany committees
Daily stand up
Team owned deliverables
Open office floor plan
Diversity
Dedicated Diversity/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.
Unconscious bias training
Diversity manifesto
Someone's primary function is managing the company's diversity and inclusion initiatives
Health Insurance & Wellness Benefits
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 Benefits
Basic Dental covers preventive and basic restorative care; Major Dental covers all that Basic covers, plus restorations and orthodontia (limits apply).
Vision Benefits
Health Insurance Benefits
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
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
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
Match charitable contributions
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.
Child Care & Parental Leave Benefits
Child Care 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.
Flexible Work Schedule
Flexible work arrangements, including telecommuting, are available in many departments across the company.
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
Vacation & Time Off Benefits
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.
Perks & Discounts
Casual Dress
Commuter Benefits
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Lunch and learns
Cross functional training encouraged
Promote from within
Online course subscriptions available
Customized development tracks
Paid industry certifications

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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