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

Strategic Relationship Manager

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The Opportunity

 

 

As an Strategic Relationship Manager you will work in a fast paced environment, ensuring that MassMutual's relationship with other companies is operating efficiently and effectively. 

 

The Team

 

Our team works to support large scale relationship management of existing and future Third Party Administrators and other companies that MassMutual does business with.  We are accountable for  service and administration of several operational support functions. We ensure overall effectiveness of the relationship(s) ensuring the desired outcomes are achieved. We're committed to providing a consistent client experience across relationships and are  focused on creating efficiency and simplicity in the design and  delivery of  the operational models  that support MassMutual and it's end customers. Culturally, we look for individuals with a strong inclination for collaboration and learning from a variety of backgrounds that challenge each other openly, regardless of level or role on the team. We embrace diversity in all of its forms, require respect and look to have fun.

 

The Impact:

 

As a Strategic Relationship Manager, you will be responsible for governance, strategy, relationship and performance management, contract management and risk management for your clients. As such, your responsibilities will include, but not be limited to the following:

  • Oversight and continued refinement of a comprehensive governance framework to promote the discipline of Supplier Management by defining and communicating policy, standards and best practices
  • Effectuating a cadence of business reviews with a focus on mutual candor driven by performance scorecards aligned to business goals
  • Working closely with internal stakeholders to define the business case for successful negotiations and outcomes, assist in the definition and implementation of Service Level Agreements, Service Level Objectives, and overall governance processes
  • Working in partnership with internal business partners as needed in identifying and mitigating business risks
  • Enhance relationship and performance management of strategic partners
  • Foster internal relationships with key business stakeholders
  • Define, measure, and improve Key Performance Indicators, Metrics, and Service Level Agreements in a standardized scorecard
  • Assist in contract management by working closely with Procurement, Legal and Supplier Relationship Managers in defining the Business Case, SLAs, KPIs and ongoing governance
  • Flexibility and willingness to adapt to changing dynamics within an evolutionary process and team; it should be expected that a degree of ambiguity is a part of the job, embrace it and work with us to better shape standard practices that will deliver consistency in oversight and management practices

 

The Minimum Qualifications

  • Bachelor's Degree or equivalent work experience
  • 7+ years of experience in a large corporate environment
  • 7+ years of experience in an account management, relationships management, or people management position
  • 7+ years of experience with Business Case development, Planning and Analysis for Cost Transparency, and Vendor Cost Optimization
  • Demonstrated ability to understand and manage technical requirements and processes
  • Strong individual leader with ability to build and inspire teams and develop relationships with multiple stakeholder groups to drive adoption and deliver expected benefits
  • Exceptional verbal and written communication skills
  • Exceptional relationship building, negotiation and influencing skills
  • Demonstrated financial acumen
  • Experience with facilitating the review and sign-off of various contractual agreements/arrangements
  • Experience managing compliance and regulatory matters
  • Experience with enterprise continuity planning

 

The Ideal Qualifications

  • Master's Degree
  • 10+ years of experience in Financial Services
  • 10+ years of experience with Business Case development, Planning and Analysis for Cost Transparency, and Vendor Cost Optimization
  • Demonstrated Program Management experience and deliver complex projects using effective planning, pragmatic approaches, and collaboration, despite obstacles and ambiguity
  • Experience working with Reinsurance agreements/arrangements

 

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the Annuity & Long-Term Care Operations 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 business with industry leading pay and benefits

 

#LI-BC1

 

About MassMutual

 

We've been around since 1851. During our history, we've helped millions of people find financial freedom, offer financial protection, and plan for the future.

Today, we continue to develop meaningful relationships with our customers by building their trust, being knowledge problem solvers and always prioritizing their needs. MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It's more than our company structure – it's our way of life.  

 

MassMutual was recognized as an Ethisphere 2019 World's Most Ethical Company, a Top Place to Work in 2019 according to The Boston Globe and named among America's Best Employers for Diversity according to Forbes 2020. MassMutual ranks No. 84 on the Fortune 500 list of largest companies. 

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

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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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