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Institutional Product Manager - Stable Value

MassMutual

Cambridge, MA
1 day ago
$110k - $140k

Job Description

Join MassMutual as an Institutional Product Manager focusing on Stable Value, where you'll drive product management, pricing, and risk analysis, significantly impacting the company's growth strategy.

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
  • 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

Benefits & Perks

Regular meetings with the Stable Value Product teamFocused one-on-one meetings with your managerAccess to mentorship opportunitiesNetworking opportunities with diverse Business Resource GroupsAccess to learning content on Degreed and other platforms