MassMutual
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Investment Management (GIA) Intern- ECP

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At MassMutual, we are looking for and investing in students who will become tomorrow’s future business leaders. The MassMutual Early Career Internship Program is an 11-week summer internship in a diverse and established Fortune 100 Company, in which you will help solve business problems, develop both the professional and leadership skills needed to build a successful career, while having fun and building relationships that will last a lifetime. With internships in areas of Technology, Insurance Operations, Investment Management, and Marketing, you can explore the career path that is right for YOU!


What great looks like in this program:

Our ideal candidate is someone who is a continuous learner that can adapt and thrive in complex, uncertain and changing situations.

You are able to demonstrate this by:

  • Earning confidence and trust through ownership, commitment and follow-through in achieving results in school and/or work projects. 
  • Building a deeper understanding of how a business operates, specifically with a continuous improvement mindset.
  • Managing priorities effectively and adapting quickly to achieve goals.
  • Self-driven in the pursuit of opportunities to develop new skills and perspectives through constant learning

Desired skills for roles within the Investment Management Organization (GIA):

  • Strong quantitative and applied mathematic skill set
  • Ability to code in various languages: R, Python, SQL, C++
  • Ability to work collaboratively
  • Strong presentation skills
  • Prefer students with applied mathematics, computer science and statistics backgrounds
  • Understanding of the markets with a desire to work on the buy side of investments

Investment Management – Manages the General Investment Account for MassMutual by providing the framework for the GIA portfolio construction and investment decision-making.

  • Works to identify global economic and market factors that will drive returns across asset classes and seek to optimize the portfolio allocation
  • Identify investments that offer the appropriate level of risk/reward relative to alternatives

Potential areas of work: Quantitative Research and Development – Credit and Market Risk, Due Diligence, Portfolio Management and Asset Allocation

    Intern Program Highlights:

    • Meaningful Projects: Apply your knowledge and skills by participating in high profile projects in a respected and highly rated company. Take part in our collaborative work environment focusing on process improvements that help us better serve our customers, including both external and internal customers.
    • Corporate Learning & Development Programs: Participate in internal programs that allow you to develop professional skills and competencies such as Empower (leadership course), Products 101, 12 Inclusive Behaviors, Microsoft Excel training, etc.
    • Personalized Coaching: Receive career and leadership coaching specific to you and your development needs from our Early Career Program team.
    • Mentors: Be paired with professionals at MassMutual to learn about the business throughout several departments while utilizing your mentors as a sounding board to share and shape your ideas.
    • Networking Opportunities: Engage with the greater MassMutual community by being involved in networking activities and also our sessions set up as smaller group meetings with senior leaders in the company.
    • Volunteer Opportunities: MassMutual invests more than $20 million annually in organizations across the country to support communities and broaden their economic opportunity. Join colleagues within MassMutual and make a positive impact in the community!
    • Community: You will have the opportunity to work with talented interns across several departments in a highly-collaborative environment. Housing is also provided if needed, which adds to the community aspect of the program.

    What our Past Interns Have to Say:

    Jack, Investments - "One thing that surprised me was how my work was often an immediate value add. It was encouraging and rewarding to see my managers make use of my contributions for further analysis, presentations, and decision-making. My colleagues considered all my thoughts, making for a collaborative environment."

    Stephen, Operations - "Having the opportunity to partake in MassMutual’s Early Career Internship Program really opened my eyes to the corporate world and also helped me dismiss what I had previously heard about working at a Fortune 100 company. Everyone I encountered during my internship was willing to teach, help, mentor, or simply say "Hi". Every day I learned both new soft skills and technical skills, and I was able to notice my own progression as the summer went on. I was continually given the same work my colleagues were doing, so I was able to gain real Fortune 100 working experience in just one summer."

    Nithya, Marketing – "This summer has been such an amazing experience. My manager and mentor gave me projects that allowed me to truly make a lasting impact. The fact that I was doing important work really meant a lot to me, and I saw tangible results come out of my projects. The structure and support that the Early Career Program provides is also unparalleled. The Early Career Program team really cared about our professional and personal development, giving us the opportunity to participate in professional learning and networking opportunities throughout the summer. From this summer, I have discovered what I want to pursue in the career ahead of me, and for that I am beyond grateful to ECP and all the people that make it happen."

    Committed to Diversity and Inclusion

    Our employees are the embodiment of the idea that we all are stronger and better through our support for one another. By valuing people for who they are, how they think, and what they bring to the table, we’ve become a stronger, more innovative company. We continue to receive external recognition for our policies and programs that seek to create a diverse and inclusive environment.

    • America’s Best Employer for Diversity – Forbes (2019)
    • Score of 100 on the Human Rights Campaign Corporate Equality Index (2019)
    • National Association for Female Executives Top Company for Executive Women (2018)
    • Disability Equality Index® (DEI) Best Place to Work for Disability Inclusion (2019)
    • Diversity Best Practices Inclusion Index Company (2018)


    Minimum Qualifications:

    • Current Sophomore or Junior enrolled in a four-year Bachelor degree program
    • Must have a cumulative GPA of 3.0 on a 4.0 scale
    • Demonstrated leadership skills gained from student clubs, community involvement or work experience
    • Demonstrated proficiency in oral and written communication
    • Must be authorized to work in the United States without requiring visa sponsorship, both now and in the future

    Preferred Qualifications:

    • Cumulative GPA of 3.2 or higher
    • Strong quantitative and applied mathematic skill set
    • Ability to code in various languages: R, Python, SQL, C+
    • Investment club exposure
    • Strong, creative problem solver
    • Strong data analysis skills
    • Able to influence others and demonstrate strong consultative skills
    • Works autonomously, self-starter
    • Intellectually curious and agile learner
    • Able to demonstrate strong business acumen
    • Minor in Information Technology or Computer Science
    • Demonstration of MassMutual’s Core Values: Act with Integrity, Focus on the Customer, Value People, Work Collaboratively, and Achieve Results
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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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