Investment Analyst

Quantitative Research and Development (R&D) Team, Investment Management

Full-Time

New York, NY, Boston, MA or Springfield, MA

The Opportunity

As an Investment Analyst, the ideal candidate will draw on their knowledge of financial models and investment instruments to develop solutions for a fast-paced market-driven environment. A background in fixed income and derivatives will help you in working closely with portfolio managers, quantitative strategists and subject matter experts to produce, improve and develop reporting and analytic capabilities in Investment Management. This role requires Python, SQL and VBA programming ability. You will work in a fast-paced, innovative and collaborative environment to support MassMutual’s annuity hedging (VA, FIA and Ascend) and asset-liability management (ALM) teams.

The Team

This position will be part of the Quantitative Research and Development (R&D) team within Investment Management. The team has a primary focus and responsibility for researching new ideas and strategies and for developing underlying technologies and analytics across MassMutual’s hedging programs. As part of R&D, you will have numerous opportunities to learn, develop, and apply new skills using the latest technologies within a continuously evolving business and market landscape. Our flat and collaborative environment and inclusive culture will encourage you to contribute ideas and participate in a wide range of initiatives across the department.

The Impact

The Investment Analyst will have accountability for performing the following:

• Support of the current VA Hedging program
• Develop new functionalities for the VA Hedging and ALM process
• Manage daily ALM production for MassMutual’s General Investment Account and VA
• Undertake broader special research and development projects as needed
• Collaborate with colleagues in other areas of MassMutual for modeling and analytics
• Providing technical expertise in the development and implementation of sophisticated asset models
• Deliver regular reports to the Portfolio Managers and other stakeholders

The Minimum Qualifications

• Bachelor’s degree in computer science, engineering, math or related degree
• 2+ years of experience with fixed income and derivatives models
• 2+ years of experience in financial instruments
• 2+ years of SQL and VBA coding experience

The Ideal Qualifications

• Master’s degree in computer science, engineering, math or related degree
• Python coding background
• Proclivity for continuous improvement
• Strong quantitative expertise: statistics, mathematics, and computer system
• Strong understanding of asset-liability management in a life insurance company

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Quantitative Credit Analytics Team
• Focused one-on-one meetings with your manager
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, 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-FT1

Salary Range:

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

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. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

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.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.