Institutional Product Manager - Stable Value Investments

Company: MassMutual
Location: Boston
Posted on: May 14, 2025

Job Description:

Institutional Product Manager - Stable Value Investments at MassMutual summary:
The Institutional Product Manager for Stable Value Investments will lead product management and development while leveraging relationship and negotiation skills to drive profitable growth. This role entails analyzing investment risks, pricing strategies, and underwriting considerations, as well as collaborating with internal teams and external clients. The ideal candidate will possess strong analytical skills and a deep understanding of fixed income portfolio management and investment risk management.
Institutional Product ManagerStable Value InvestmentsFull-TimeBoston, MA or Springfield, MAThe OpportunityThe Product Manager - Stable Value will be an integral part of the Institutional Product and Actuarial team within Institutional Solutions, utilizing relationship and negotiation skills combined with business and technical knowledge to influence strategy and execute risk-controlled profitable growth.The TeamThe Stable Value Product Team provides insights into the evaluation of new opportunities and the risk characteristics of our in-force business. -We are hiring a Product Manager to join the team and report to the Head of Stable Value Product, Pricing & Investment Analysis.The ImpactThe Institutional businesses are growing and represent a key component of the company's business strategy. - As a Product Manager, you will focus on product management, development, pricing, underwriting and investment analysis. - This role will require combining technical investment/actuarial skills with influence, collaboration, and effective communication with internal business and operational teams, corporate and other MassMutual functions, as well as interaction with external clients and intermediaries. - Specific responsibilities include:

• Supporting and leading projects related to product changes and new product offerings including pricing, contracts, filing, and risk assessment
• Reviewing stable value investment portfolios and General Account investment strategies
• Building and maintaining pricing and risk analysis models
• Determine new business and in-force crediting rates for stable value contracts
• Analysis of risks and underwriting considerations and participating in contract negotiations
• Performing experience studies and setting assumptions
• Liaison with Corporate teams on ALM and crediting rate strategies
• Presenting complex analyses and concepts to executive management
• Soliciting and analysis of competitive data
• Influencing and contributing to ongoing business strategy and growthThe Minimum Qualifications
  • A strong understanding of fixed income portfolio management and investment risk management. -
  • 5+ years of investment or actuarial experience.The Ideal Qualifications
    • CFA with experience in ALM, investment portfolio development, investment risk analytics is ideal, but not required
    • Knowledgeable in aspects of stable value or Insurance Company General Account products
    • Ability to:
      • Demonstrate leadership, influence and take ownership of key projects
      • Demonstrate initiative and a sense of urgency
      • Effectively manage and deliver on multiple concurrent deliverables
      • Analyze and comprehend complex information, as well as convey complex materials to non-technical audiences
      • Disciplined approach to strategic initiatives, business projects and day-to-day activities
      • Comfortable dealing with both complexity and ambiguity, with ability to explore multiple solutions to a problem
      • Detail oriented with strong analytical, critical thinking and problem-solving skills
      • Excellent interpersonal and communication skills (written, verbal, presentation)What to Expect as Part of MassMutual and the Team
        • Regular meetings with the Stable Value Product 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 business with industry leading pay and benefit#LI-ST1MassMutual 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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          Keywords:
          Product Management, Stable Value Investments, Investment Analysis, Risk Management, Fixed Income Portfolio, Actuarial Skills, Business Strategy, Pricing Strategies, Underwriting, Client Relations
          

Keywords: MassMutual, East Providence , Institutional Product Manager - Stable Value Investments, Executive , Boston, Rhode Island