Role: Investment Analyst
Department: Investment Management
Team: Quantitative Research & Development
Location: Springfield, MA or Boston, MA - Hybrid
Position: Full-Time (3 days in office per week)
The Opportunity
As an Investment Analyst, you will be part of the investment team responsible for accurate and timely portfolio analytics for MassMutual's general investment account (GIA). In this position you will curate asset data to ensure appropriate modeling of interest rate risk dynamics in our valuation models. You will gain hands-on experience with our investment data sources, curation system, and asset modeling platform.
The Team
MassMutual's Investment Management (IM) department oversees and manages over $200 billion dollars in assets across its General Investment Account ("GIA"). It has primary responsibilities for conducting ALM on the GIA, growing and managing the investment portfolio, overseeing the performance of both affiliated and unaffiliated managers for the GIA, and directly selecting certain opportunistic and strategic investments.
The Quant R&D group of IM consists of a group of collaborative teams with interconnected responsibilities. The group's core focus is on generating ALM analytics, asset modelling, developing advanced analytics, researching interest and credit rate specific strategies, adopting emerging technologies, and providing and ensuring operations continuity for the Quantitative and Fixed Income Portfolio Management groups within IM.
The "GIA and VA Asset Modeling & Development" team of Quant R&D has primary responsibilities for modeling all of the GIA's assets, ensuring and maintaining critical Portfolio Management dependent operations for the GIA and Variable Annuity programs, and generating ALM pricing and risk analytics for all of Quantitative Portfolio Management's hedging programs. In addition, the team receives and coordinates general and regulatory requests to various stakeholders across Enterprise Risk Management, Corporate Finance, Actuarial, and other internal and external parties.
The coordinated and combined efforts of the team, group, and department ensures our success in continually striving to add value for MassMutual and its policyholders.
The Impact:
The Investments Operations Developer will contribute to MassMutual's overall asset and liability management by doing the following:

• Perform monthly portfolio holdings update to asset model inventory.
• Become a subject matter expert for the investment data curation process.
• Automate and continuously improve processes.
• Assist with testing and validation for the new data curation system (PALMS).
• Generate regular reports on investment portfolio for senior leadership.
• Respond to ad-hoc requests from portfolio managers, investment strategists and actuaries for investment data and analysis.

The Minimum Qualifications

• Bachelors in Math, Engineering, Computer Science or related degree
• 1 years relevant work experience.
• 1 years of programming experience in a language such Python, Java, C or VBA.

The Ideal Qualifications

• Working knowledge of financial instruments used for life insurance company asset and liability management.
• Familiarity with fixed income securities and interest rate derivatives.
• Strong modeling and technical skillset.
• Comfortable working with large datasets.
• Programming expertise in Python, VBA, SQL, and APL.
• Intellectual curiosity to explore new technology and find alternative solutions.
• Able to prioritize multiple projects simultaneously.
• Clear and concise written and verbal communication skills.

What to Expect as Part of MassMutual and the Team

• Regular meetings with the GIA & VA Asset Modeling Team.
• Focused one-on-one meetings with your manager.
• Access to mentorship opportunities.
• 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 nosiness with industry leading pay and benefits.

About MassMutual
We've been around since 1851. During our history, we've helped millions of people find financial freedom, offer financial protection, and plan for the future.
Today, we continue to develop meaningful relationships with our customers by building their trust, being knowledge problem solvers and always prioritizing their needs. MassMutual is guided by a single purpose: 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.
MassMutual was recognized as an Ethisphere 2019 World's Most Ethical Company, a Top Place to Work in 2019 according to The Boston Globe and named among America's Best Employers for Diversity according to Forbes 2020. MassMutual ranks No. 84 on the Fortune 500 list of largest companies.
MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status
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MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.