Quantitative Consultant

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a quantitative field or a HS diploma with 10 years professional experience
  • 3+ years in data analysis
  • 3+ years of Excel modeling experience including advanced formulas

Responsibilities

  • Develop models and define product calculation requirements for accurate system values
  • Ensure deliverables are completed accurately and on time while adhering to coding standards
  • Coordinate with team members on model development to prevent conflicts
  • Translate technical information for business partners and maintain communication
  • Utilize actuarial methods and collaborate with peers to enhance work processes
  • Implement process improvements to reduce costs and enhance efficiency
  • Manage complexity by balancing customer needs with various functional areas

Benefits

  • Defined areas of ownership with direct connections to company outcomes
  • Supportive collaborative environment that values diverse perspectives
  • Opportunities for learning and development to enhance skills
  • Employee-led initiatives that promote connection and inclusion
  • Culture centered on integrity and responsibility with a future-focused approach
Full Job Description
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.

About Massachusetts Mutual Life Insurance Company (MassMutual)

Massachusetts Mutual Life Insurance Company (MassMutual) Careers

Joining the team at Massachusetts Mutual Life Insurance Company (MassMutual) offers more than just a job; it opens the door to a world of job opportunities where professional growth and personal development are encouraged and nurtured. Massachusetts Mutual Life Insurance Company (MassMutual) stands as a beacon of innovation, leadership, and diversity in the insurance industry.

Explore Career Opportunities

Massachusetts Mutual Life Insurance Company (MassMutual) is actively hiring and offers a variety of positions that cater to different skills and career aspirations. From entry-level roles to leadership positions, the company seeks passionate, creative, and solution-driven team players. Explore the numerous job opportunities at Massachusetts Mutual Life Insurance Company (MassMutual) to find a position that matches your skills and interests.

Internship Programs

Kickstart your career with Massachusetts Mutual Life Insurance Company (MassMutual)'s internship programs. These opportunities provide invaluable industry experience, networking prospects, and a chance to work on real projects that impact the company and its clients. Internships at Massachusetts Mutual Life Insurance Company (MassMutual) are a stepping stone to full-time employment and offer a deep dive into the culture and operations of a leading insurance provider.

Employee Benefits and Culture

Massachusetts Mutual Life Insurance Company (MassMutual) is committed to supporting its team members not only in their professional lives but also in their personal growth. The company offers comprehensive benefits designed to nurture the well-being of its employees and their families. The culture at Massachusetts Mutual Life Insurance Company (MassMutual) is built on a foundation of respect, integrity, and diversity, fostering an environment where everyone can thrive.

Professional Development and Growth

Career growth at Massachusetts Mutual Life Insurance Company (MassMutual) is propelled by continuous learning and development opportunities. The company invests in diversity training, leadership programs, and innovation workshops to ensure that every team member has the resources to advance their career. Employees are encouraged to expand their knowledge base and acquire new skills through various training and development programs.

Networking and Innovation

At Massachusetts Mutual Life Insurance Company (MassMutual), networking and innovation go hand in hand. Employees are encouraged to connect with colleagues and industry professionals, enhancing their career prospects and contributing to the company's leadership in the market. The collaborative environment ensures that innovative ideas are shared and celebrated.

Join the Massachusetts Mutual Life Insurance Company (MassMutual) Team

Search open positions that align with your career goals at Massachusetts Mutual Life Insurance Company (MassMutual). Prepare your resume, hone your interview skills, and get ready to join a team that values leadership and professional growth. Discover how Massachusetts Mutual Life Insurance Company (MassMutual) can transform your career aspirations into reality.

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