Field Compensation Consultant
MassMutual
Springfield, MA, USA
USD 113,100-148,400 / year
The Opportunity
We’re excited to welcome a Compensation Design Consultant to our team! In this role, you’ll help shape and manage impactful field compensation programs for the MMFA organization—including secondary compensation programs—through end-to-end program management: design, strategic analysis, regulatory compliance, financial analysis and modeling, and ongoing program governance. You’ll collaborate closely with our field force, financial consultants, regional heads of field management, and executive leaders to advise on programs and communicate them effectively. You’ll also partner with Finance and Technology to bring ideas to life, lead complex projects with real ownership, and thrive in a fast-paced, collaborative environment where you’ll dig into problems and drive solutions.
The Team
The Compensation Program Management team is a high-visibility, high-impact group that delivers meaningful results for both internal and external partners. We work hand-in-hand with the broader Compensation Design team to research, model, and solve complex program challenges—and we are trusted across the organization to turn insights into clear, actionable solutions. Our work is highly collaborative, partnering with Legal, IT, Actuarial, Field Management, Operations, Accounting, Compliance, and MMLIS. Team members take ownership of key programs, support one another on priority work, and bring creativity, agility, resilience, and attention to detail to everything we do. Success in this role requires strong communication and the ability to influence in a matrixed environment—and you’ll see the impact of your work every day.
The Impact:
As a Compensation Design Consultant, you will have the opportunity to:
Leverage knowledge of field compensation end-to-end (design through implementation, including documentation, administration, forecasting/reporting, and regulatory support).
·Partner with advisors and management to resolve issues, educate, negotiate, and make decisions.
Support technology delivery by defining business requirements and testing, while balancing shifting priorities to meeting deadlines.
Drive continuous improvement by identifying and providing innovative improvements to practices and procedures.
The Minimum Qualifications
Bachelor’s degree, or HS diploma with 10+ years of financial analysis experience
5+ years financial experience
4+ years with Microsoft Office, including Excel (VLookups, Pivot Tables, Basic Logic)
3+ years developing insights and presenting to leaders to drive decisions
The Ideal Qualifications
7+ years of experience within financial services
2+ years of experience working with a field sales team or general agency system
Knowledge of the MassMutual career agency system, contract types, MassMutual and MMLIS products and services and related compensation types
Strong communication, consulting, and customer service skills
Comfortable with ambiguity; identifies practical technical solutions with urgency and attention to detail
Experience with SIERA reporting system
Basic accounting knowledge
What to Expect as Part of MassMutual and the Team
Regular meetings with the Compensation Program Management 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
Salary Range:
$113,100-$148,400At 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. We welcome all persons to apply.
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.