Portfolio Management Analyst
Summary
The Asset Allocation team, a key contributor to MassMutual’s Investment Management division, is comprised of collaborative, individuals who like to work independently or in teams, and get energized to create innovative solutions that exceed the changing needs of our customers.
To help us achieve our mission, we are hiring a Portfolio Management Analyst to join our team.
What great looks like in this role
The ideal candidate is team-oriented, and possesses excellent written and verbal communication skills. The candidate is also passionate about investments and has experience and expertise in investment management, accounting and/or insurance accounting. In this role the candidate works closely in partnership with the rest of the investment management team and frequently communicates with other areas of MassMutual, particularly the Corporate Financial Division.
A few key objectives of this role
- Set portfolio structure - Structure asset classes and portfolios to enhance various investment and financial metrics.
- Support outside investment managers - Direct and coordinate with various outside investment managers to implement actions and incorporate and record a wide variety of financial and investment metrics.
- Collaborate across business function - Coordinate with MassMutual’s Corporate Financial division, participate in gathering investment metrics for annual financial planning and forecasting.
- Drive innovation – With a deep expertise on the fundamentals of various investment asset classes, learn and master new and emerging data technology and take initiative to offer technical direction and creative solutions in investment reporting.
Daily and monthly responsibilities
- Analysis & decisions - Proactively identify financial reporting risks and opportunities within the investment opportunity set and translate that into improvement recommendations.
- Risk management - Develop knowledge of risk-based capital charges and NAIC ratings and developing processes at origination and classification to augment RBC ratios.
- Investment reporting - Understand and process data flow from the individual investment asset level to the eventual accounting statements. Contribute to the creation & communicate details regarding the investment accounts and financial reports to key stakeholders.
- Continuous Improvement - Work on projects with varying levels of complexity and diversity supporting a wide range of stakeholders.
- Business unit guidance - Providing sound investment advice to the insurance business units, anticipating the financial statement impact of changes in the investment environment and making recommendations to ensure appropriate accounting treatment.
Required skills and qualifications
- Bachelor's degree in Accounting or Finance.
- Minimum of 3 years of professional experience in an accounting or finance-related function.
- Minimum of 3 years of professional experience with investments.
- Excellent communication skills, change & innovation orientation, strategic thinking, and the ability to formulate effective relationships.
- Effectively use data manipulation and visualization.
- Eligible to work in the United States without sponsorship now or in the future.
Preferred qualifications
- Advanced degree in Accounting or Finance.
- CPA and/or CFA designation (or proven progress towards completion).
- Possessing, or the ability to develop, a working knowledge of life insurance accounting policies, methodologies and best practices.