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

Head of Quantitative Financial Strategies

Sorry, this job was removed at 7:48 p.m. (EST) on Monday, December 23, 2019
Find out who's hiring in Greater Boston Area.
See all Finance jobs in Greater Boston Area
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

Financial Insights is a new team within Financial Planning and Analysis composed of professionals with diverse backgrounds in finance, statistics, technology, and data analytics, among other disciplines. The Financial Insights team is responsible for unlocking insights from financial data and automating management reporting using innovative new technologies including data visualization, machine learning and natural language generation. Financial Insights aims to be a trusted partner to MassMutual’s business leaders by helping them make critical decisions using timely and insightful analysis.

Quantitative Strategies is a core component of the Financial Insights team. The Head of Quantitative Financial Strategies will be responsible for establishing and managing a small team of financial analysts focused on answering business questions using advanced statistical, financial, and data science techniques.

Our goal is to create a team of innovative, high-performing, collaborative, and resourceful people who like to think big, test ideas, and are dedicated to their ideas to see programs through from conception to delivery. This role is based out of our Boston, MA office and will lead cross-functional teams collaborating with internal experts across Corporate Finance, Information Technology, and Business Units.

KEY ROLE RESPONSIBILITIES:

  • Lead construction of financial and statistical models to optimize MassMutual’s economic performance
  • Build a team of Quantitative Strategists to utilize statistical techniques, advanced analytics, and financial modeling to recommend strategies to business leaders
  • Advice on business choices, such as product-mix, pricing, capital allocation, and M&A opportunities, under consideration by senior management
  • Assemble data sets from disparate sources and analyze using appropriate statistical and financial methodologies
  • Prioritize opportunities with senior leadership team and define solution approach and roadmap
  • Partner with data management and visual analytics teams to operationalize insights for automated delivery and ensuring continuous learning
  • Plan delivery sprints, create roadmap, estimate effort and skills required, work with senior Finance leaders to identify talent necessary for accelerated delivery
  • Establish standards and include appropriate governance and quality considerations from inception

QUALIFICATIONS

  • Knowledge of advanced statistics and/or econometrics
  • Familiarity with financial theory, including modeling of capital markets, asset valuation, and the capital asset pricing model
  • 7+ years of total experience with 3+ years of experience designing and implementing highly visible, complex, and wide-scope analytics solutions with successful conclusions
  • Experience with Monte Carlo simulation and time series financial data sets
  • Experience managing data science or advanced analytics teams
  • Deep knowledge and experience applying advanced analytical techniques (statistical, optimization, artificial intelligence, machine learning, etc.) and tools to solving business problems
  • Hands on experience with modern data science platforms and frameworks (Python, R, scikit learn, Tensorflow, Keras, Spark MLLib, H20, Dataiku etc.)
  • Ability to build, coach, inspire and guide cross-functional teams to successfully deliver business outcomes from data and analytics initiatives
  • Financial Services industry experience
  • A MS degree in finance, statistics, computational science, or equivalent quantitative field

PREFERRED QUALIFICATIONS

  • Corporate Finance (Accounting, FP&A, Tax, Treasury, Valuation & Modeling, Procurement) exposure and familiarity with related data, reporting and analytical use cases
  • A PhD in finance, economics, applied mathematics, statistics, data science, or other quantitative fields
See More
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

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 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 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 Benefits
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 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.
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 Benefits
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

More Jobs at MassMutual

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about MassMutualFind similar jobs like this