Retirement Product Strategy Consultant at MassMutual

| Greater Boston Area
!Sorry, this job was removed at 11:09 a.m. (EST) on Friday, October 4, 2019

POSITION SUMMARY

“Join an organization with Double Digit Growth” “Expand your Career” “Develop Yourself”

MassMutual Workplace Solutions continues to innovate and be on the leading edge of offering retirement solutions through market leading investments and holistic tools that help participants to prepare for their future life. A new division within Workplace Solutions, Worksite & Voluntary Insurance Benefits, is focused on developing and executing a more comprehensive approach to worksite sales of individual insurance products. A focus on institutional markets, DCIO & Stable Value business is adding additional scope to a very successful organization. Growth, innovation and a consistent focus on policyholders and customer sets MassMutual apart and gives them a competitive edge in the market. This is an organization worth consideration.

In order for Workplace Solutions to achieve its profitable growth objective, it will be necessary to have a clear strategy for staying ahead of the market for products, services and solutions offered as well as markets served. The Retirement Product Strategy Consultant must successfully bring together the external view of the marketplace, the analytics of our book of business along with the earnings focus of the Pricing team, the growth objective of Sales team and the efficiency goals of Operations by understanding and balancing their respective needs and to deliver strategic recommendations on the solutions we offer as well as the markets we serve. 

OVERALL RESPONSIBILITY:

  • Help drive a forward looking product strategy and roadmap for suite of assigned products that is based upon robust understanding of client, market, competitive and regulatory trends, and clearly articulates value proposition and points of differentiation
  • Product Strategy and Planning:
    • Market/Customer Research
      • Utilizes and evaluates industry & competitive insights to inform planning process
      • Utilizes, evaluates and shares internal sales, book of business and other informative data to drive educated decision making and insights to the broader org
      • Demonstrates strong understanding of the distribution landscape and partners with sales to evaluate partnerships and their alignment to our business needs and future growth opportunities
    • Product Strategy, Plan & Roadmap
      • Helps with the development of broad strategies for a group of products
      • Ensures that individual product strategies are robust & aligned with each other & and the overall vision and value proposition
      • Partners cross-functionally to ensure strategies are integrated
    • Define Product Offer
      • Provides high-level insights and inputs into definition of future state product offer as it relates to the strategic roadmap
      • Ensures alignment of offering across group of products, as well with overall mission, vision & value proposition
  • Product Ideate and Plan:
    • Ideation
      • Provides high-level voice of customer & market to ideation
      • Aligns new ideas against other portfolio products and strategies
      • Identifies and resolves conflicts, making the appropriate tradeoffs as necessary
      • Reviews and approves the idea intake form
    • Develop Business Case
      • Provides insights and input upon request
      • Aligns business case with initiatives in pipeline for product group; considers impacts and priorities
  • Lead and Communicate:
    • Participates in and/or leads client and new business presentations
    • Develops strong relationships with business partners and senior leaders
    • Participates in and/or leads broad business or strategic projects or changes initiatives
  • Product Performance Management:
    • Reviews product scorecards, including key business and financial objectives
    • Discusses scorecard results at relevant governance forums and committees

CANDIDATE QUALIFICATIONS:

  • Deep and thorough understanding of retirement services products and landscape. Ability to translate this information into innovative strategy recommendations.
  • Expert level knowledge of industry best practices and go-to-market strategies.
  • Ability to work externally as a face to the industry and as a subject matter expert in the presentation process.
  • Demonstrated ability to work cross-functionally to ensure engagement across all stakeholders
  • Strong interpersonal and communication skills; able to document complex issues, methodologies, and resolutions such that others can readily understand them
  • Sound business judgment and proven experience in successfully managing in organization in an environment of rapid change
  • Comfortable dealing with both complexity and ambiguity, and able to explore multiple solutions to a problem
  • Strong customer service orientation
  • Bachelor’s degree or equivalent experience 
  • 10 or more years’ experience at a retirement plan provider
  • Series 6 or 7 license a plus.

Read Full Job Description

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • .NETLanguages
    • JavaLanguages
    • JavascriptLanguages
    • KotlinLanguages
    • PythonLanguages
    • RLanguages
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    • BashLanguages
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    • D3JSLibraries
    • ReactLibraries
    • ReduxLibraries
    • Twitter BootstrapLibraries
    • Redux SagaLibraries
    • ExpressFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • SpringFrameworks
    • Microsoft SQL ServerDatabases
    • MongoDBDatabases
    • PostgreSQLDatabases
    • SQLiteDatabases
    • TeradataDatabases
    • Google AnalyticsAnalytics
    • OptimizelyAnalytics
    • TealiumAnalytics
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    • LookerAnalytics
    • IllustratorDesign
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    • PhotoshopDesign
    • SketchDesign
    • Aha!Management
    • BasecampManagement
    • ConfluenceManagement
    • JIRAManagement
    • TrelloManagement
    • WordpressCMS
    • HubSpotCRM
    • SalesforceCRM
    • SendGridEmail

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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