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Open nowPosted 42 days ago

Quantitative Consultant

MassMutual79 open roles

Pay
$102,500 – $134,500 a year
Where
Springfield, MA
Work mode
Hybrid
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Your applicationOpen nowQuantitative ConsultantMassMutual · Springfield, MA

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The clock on this job

Early applications get read.

9.8% of postings close within 7 days. Measured by our own scanner across the market. MassMutual postings stay open a median of 3 days.

Share of postings closed within
  1. 1.9%1 day
  2. 3.9%3 days
  3. 9.8%7 days
  4. 15.5%14 days
  5. 33.7%30 days
This job: posted 42 days ago

MassMutual median: 3 days open

The posting

The Opportunity

MassMutual is seeking a Quantitative Consultant to join our Life Product Systems Implementation team as a modeler within the Product Implementation, Support and Process Integrity team. In this role you will collaborate with cross-functional teams to define product calculation requirements for new and existing life products and develop Python or Excel-based models to support and validate those requirements, ensuring accurate and reliable values for our MassMutual customers. You will also support testing life product rates and values during life product launches and system upgrades, maintaining data integrity and process continuity. In addition, you will support existing life products during administration system conversions between administrative systems, maintaining data integrity and process continuity. When needed, you will also provide defect analysis and resolution to address system or calculation issues efficiently.

The Team

Our team blends modeling, testing, life product expertise, actuarial knowledge, and strong communication and problem-solving skills. We prioritize critical thinking and process efficiency to stay focused on core responsibilities. By streamlining workflows and anticipating challenges we accelerate speed to market and resolve system issues quickly. Through effective system solutions and empathetic solution-oriented communication we enhance customer experience and ensure timely delivery.

The Impact

In this role, you will drive efficiency, collaboration, and innovation to improve speed to market and deliver exceptional customer outcomes. Key responsibilities include:

  • Own the development of models and requirements to ensure MassMutual customers receive accurate values from our systems and operational processes, including using models to validate system calculations, support requirement traceability, identify calculation discrepancies, and provide clear documentation for testing, implementation, and operational readiness.
  • Take accountability for deliverables, working collaboratively with team members to complete tasks accurately and on time while following established coding structures and standards for Python/Excel model development.
  • Plan and communicate effectively when multiple team members are working in the same python/excel model, ensuring coordination to avoid conflicts and maintain model integrity.
  • Communicate clearly with business partners, translating technical and non-technical information clearly and keeping stakeholders informed of status and deliverables.
  • Apply actuarial and statistical methods, leveraging tools and peers when needed to enhance everyday work.
  • Reduce costs through process improvements, automation, and strategic handoffs to business partners.
  • Navigate complexity and ambiguity. exploring multiple solutions while balancing the needs of the customer, actuarial functions, product, systems, operations, the field, legal, and compliance.

The Minimum Qualifications

  • Bachelor’s degree with a quantitative focus (e.g., Finance, Economics, Mathematics, Statistics, Actuarial Science, Data/Business Analytics) or in lieu of a degree a HS diploma with 10 years of professional experience
  • 3+ years of experience working with data analysis
  • 3+ years modeling in Excel, including formulas (e.g., XLOOKUP, INDEX/MATCH, COUNTIF / SUMIF / COUNTIFS / SUMIFS), data validation.

The Ideal Qualifications

  • Life insurance expertise, ideally including MassMutual products and financial services experience.
  • Experience with life insurance administration platforms (e.g., tradVantage, adVantage, LifeComm, Product Engine, MPR, OPM, Haven Tech).
  • Strong technical skills in Python, SQL, Excel VBA, advanced Excel, and workflow automation.
  • Experience gathering requirements and supporting business testing for system conversions.
  • Strong analytical, problem-solving, decision-making, and presentation skills.
  • Advanced Microsoft Office proficiency, particularly Excel and Word.
  • Excellent communication and relationship-building skills across business, ETX, and vendor partners.
  • Ability to manage multiple priorities and thrive in a fast-paced, collaborative environment.

What You Can Expect at MassMutual

  • Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes.
  • A collaborative environment where perspectives are welcomed.
  • Access to learning, development, and internal networks that support continuous growth and skill-building over time.
  • Employee-led communities and forums that foster connection, learning, and inclusion across the organization.
  • A culture grounded in integrity, responsibility, and stewardship, supported by a company with a strong legacy and a future-focused mindset

#LI-KM1

Salary Range:

$102,500-$134,500

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.

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.

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