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Institutional Product Manager - Stable Value

MassMutual

Springfield, MA
9 days ago

Job Description

Join MassMutual as an Institutional Product Manager in Stable Value, where you'll lead product management, development, pricing, and risk analysis in a growing business segment. Leverage your technical and collaborative skills to drive successful outcomes and influence strategic decisions.

Key Responsibilities

  • Own the review of and decision making related to plan underwriting information for new sales opportunities
  • Evaluate and implement existing client stable value contract modification requests
  • Lead and contribute to projects related to product changes and new product offerings
  • Review stable value investment portfolios
  • Build and maintain pricing and risk analysis models
  • Determine new business and in-force crediting rates for stable value contracts
  • Analysis of risks and underwriting considerations
  • Perform experience studies and set assumptions
  • Present complex analyses and concepts to executive management
  • Solicit and analyze competitive data
  • Influence and contribute to ongoing business strategy and growth

Required Qualifications

  • 8+ years of related experience in the financial services industry
  • 4+ years of stable value experience
  • 1+ year of synthetic GIC product, contract and risk experience

Preferred Qualifications

  • Certified ASA or FSA or CFA
  • Experience in ALM, investment portfolio development, investment risk analytics
  • Knowledgeable in stable value or Insurance Company General Account products
  • Strong analytical, critical thinking and problem-solving skills
  • Excellent interpersonal and communication skills