MassMutualRemote
Institutional Product Manager - Stable Value
United States
Full-time
1 week ago
H1B Sponsor Likely
Key skills
Stable value experienceInvestment risk analyticsProduct managementFinancial services experienceAnalytical skillsCommunication skillsLeadershipProblem-solvingDetail orientedAnalyticsProduct ManagementCommunicationDecision MakingCritical ThinkingSales
About this role
MassMutual is a financial services company focused on growth in its Institutional businesses. The Institutional Product Manager will oversee product management, development, pricing, underwriting, and risk analysis, while collaborating with various internal and external stakeholders.
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, in partnership with legal team as approved
- Lead and contribute to projects related to product changes and new product offerings including pricing, contracts, filing, and risk assessment
- Reviewing stable value investment portfolios
- 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
- Presenting complex analyses and concepts to executive management
- Soliciting and analysis of competitive data
- Influencing and contributing to ongoing business strategy and growth
Requirements:
- 8+ years of related experience in the financial services industry
- 1+ years of stable value experience
- A certified ASA or FSA or CFA with experience in ALM, investment portfolio development, investment risk analytics is desired, but not required
- 4+ years of stable value experience
- 1+ year of synthetic GIC product, contract and risk experience
- Knowledgeable in aspects of stable value or Insurance Company General Account products
- Ability to: Make clear and consistent decisions
- Ability to: Demonstrate leadership, influence and take ownership of key projects
- Ability to: Demonstrate initiative and a sense of urgency
- Ability to: Effectively manage and deliver on multiple concurrent deliverables
- Ability to: 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)