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Institutional Product Manager - Stable Value

MassMutual

Boston, MA
12 days ago

Job Description

Join MassMutual as an Institutional Product Manager focused on Stable Value and play a crucial role in product management, development, and risk analysis. Leverage your expertise to influence business strategy and collaborate with diverse teams to drive growth in a key segment of the financial services industry.

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
  • Analyze risks and underwriting considerations and participate in contract negotiations
  • 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 with 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