Strategy Consultant, Business Strategy
MassMutual
The Opportunity
Brand, Product, and Affiliated Distribution (BP&AD) manages MassMutual’s largest sales channel, a network of about 7,000 financial advisors across the U.S, helping their clients secure their financial future through an array of insurance and wealth management solutions. BP&AD also has responsibility for MassMutual’s product roadmap that supports our full spectrum of distribution channels, Brand and Marketing across the wider enterprise, and MassMutual’s Institutional Solutions businesses.
As part of the BP&AD Business Strategy team, your efforts will focus on the following:
- Deliver bespoke research projects that influence executive decision-making across brand, product, institutional solutions, and affiliated distribution topics
- Share synthesized perspectives on the competitive landscape
- Provide insights that shape BP&AD’s strategic trajectory
The Team
As pace of change continues to accelerate externally and internally, BP&AD has greater needs to monitor and understand the external environment, make deeper use of data/analytics, and generate swift insights to inform BP&AD and MassMutual decision-making.
To this end, the BP&AD Strategy team is focused on four themes:
- Inform SLT and ELT decision-making through Strategy Projects
- Progress MassMutual’s affiliated distribution and wealth management strategy towards holistic financial advice and growth
- Provide thought leadership on MassMutual’s Product Strategy
- Ensure that the Brand and Marketing narrative is clear and that impact is measurable
The Impact:
As a Strategy Consultant, your responsibilities will include but not be limited to the following:
- Contribute to substantive strategic problem-solving efforts - problem solving (e.g., owning high-quality data analysis / insight generation), stakeholder engagement (e.g., building clear and memorable communications / slides), and team dynamics (e.g., working effectively with Strategy Leads, developing strong relationships with cross-functional partners)
- Generate impact as a trusted advisor by maintaining the ability to see the big picture in inherently complex and dynamic situations, and demonstrating a strong nose for value in both prioritizing and solving problems
- Role model behaviors (e.g., high energy, self-driven, strong interpersonal skills, intellectual curiosity, highest level of professionalism, inclusive behaviors, orientation towards client and team instead of self)
- Positively contribute to BP&AD’s “course and speed” towards ambitious goals, and help drive the success of MassMutual
Minimum Qualifications
- 5+ years of professional experience
- 2+ years of strategy consulting experience or a similar role (e.g., internal strategy team, investment bank, or an equivalent strategy/M&A team)
- 1+ year of experience leveraging data including a familiarity with data analytics techniques and being able to analyze to draw out insights and implications
- 1+ year of experience creating simple, powerful, and data-driven communications for senior leaders
- Bachelor’s degree
Ideal Qualifications
- Strategy consulting experience from a top-tier management / strategy consulting firm
- Insurance and/or financial services experience is valued, but not a requirement
- Ability to quickly break down and solve ambiguous problems in a structured manner, with minimal hands-on supervision
- Track record of building collaborative relationships with stakeholders across the organization
- Proactive, “at cause” mindset and a sense of urgency to deliver results
- Bachelor’s degree in quantitative field
- MBA
What to Expect as Part of MassMutual and the Team
- Regular meetings with the BP&AD Strategy team
- Focused one-on-one meetings with your manager
- 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
Salary Range:
$128,000.00-$168,000.00At 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.