Mutual Opportunities
Capital Transaction Analyst
Boston, Massachusetts; Springfield, Massachusetts; New York, New York
Thank you to our employees for voting us one of the top places to work in Massachusetts for seven consecutive years!
Overview
Finance and Accounting is at MassMutual’s core, and our team is ushering in an era of growth. We are looking for bold ideas, creative solutions, and comfort embracing change. We strive to build a diverse team and leverage different points of view to optimize processes and build strong relationships.
Our team is motivated by challenging work that delivers substantial impact in a culture of accountability and collaboration. We treat policyowners and customers fairly and prioritize financial stability. Being part of a mutual company means that our teams can think long-term, and employees can dive deep into the complex structure of products and the organization.
Our finance teams are experts in their field and thrive in fast-paced environments. They balance the needs of the business and invest in the long term, while always putting the customer first. They align their work with our live mutual philosophy and strive to always make the right choice for our policyowners. We are building a team that truly embodies ‘together we move forward.’
“At MassMutual, finance is the heartbeat of our company. Maintaining financial strength and stability and earning trust are key to how we operate. And as a mutual life insurance company, we don’t have shareholders. This means that our finance team can think long-term when choosing the best paths to fulfill our purpose: helping people to secure their futures and protect the ones they love. We’re looking for dedicated, skilled, creative finance professionals to join us in tackling complex challenges. Here, you’ll have the opportunity to grow your career in a place that values your ideas and invites you to challenge the status quo.”
Job Description
Capital Transaction Analyst
Full-Time
Boston, MA or Springfield, MA, or New York, NY
The Opportunity
As the Capital Transaction Analyst, you will work in a fast-paced, innovative and collaborative environment analyzing and executing strategic transactions benefitting the long-term financial strength and flexibility of MassMutual. This individual contributor role will report directly to the Head of Capital Transaction Analysis within MassMutual’s Treasury organization and will have the opportunity to:
Collaborate across multiple teams including Corporate Development, Investment Management, Financial Planning & Analysis, and Enterprise Risk Management on key finance initiatives
Perform financial analysis on strategic transaction opportunities and formulate recommendations to optimize financial outcomes
Maintain and enhance the team’s analytical toolkit used to assess capital and financing implications, opportunities, and trade-offs across regulatory, rating agency, accounting, and economic frameworks
Monitor performance and allocation of MassMutual’s corporate investment account and seed capital investments, including liquidity, investment allocation, and returns, against expectations and investment guidelines
The Team
The Capital Transaction Analyst is a member of the Treasury organization which is a dynamic team of individuals with diverse backgrounds that are focused on:
Balancing between maximizing value for policyholders, and maintaining a strong financial position
Developing strategies to manage regulatory capital, operating liquidity, financial ratings and earnings
Ideating and executing balance sheet management transactions, while consulting on M&A activity, reinsurance opportunities, and strategic investments
The Impact:
As the Capital Transaction Analyst, you will contribute to reporting and analytics around our use and consumption of scarce resources and deliver analysis to inform strategic decision-making:
Provide valuable insights to the broader Treasury team, business partners, and senior leaders on use of our surplus assets and potential capital optimization opportunities
Enable senior leaders to make informed decisions supported by robust financial analysis
Minimize time spent on production and data manipulation activities by transforming our modeling, analytic, and reporting capabilities and implementing automation and technology where possible
Contribute to a collaborate team culture; proactively highlight ways to improve the experience for yourself and other members of team; lead by example
The Minimum Qualifications
Bachelors degree
2+ years of progressive experience in any of the following; actuarial analysis, financial planning and analysis, corporate development, management consulting, investment management, or enterprise risk management
1+ years of experience performing financial analysis or financial optimization
The Ideal Qualifications
5+ years of progressive experience or obtainment of an ASA or CFA credential
Experience in capital management, actuarial pricing, hedging and/or M&A/reinsurance
Understanding of investments and/or asset-liability management
Knowledge of statutory, rating agency, and/or economic capital frameworks
Knowledge of US GAAP and statutory accounting
Strong multi-tasking skills and ability to adapt to change
Detail-oriented with demonstrated oral and written communication skills
Intellectual curiosity to continue learning and adding breadth and depth to understanding
What to Expect as Part of MassMutual and the Team
Regular meetings with the Treasury team
Focused one-on-one meetings with your manager
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, 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 benefits
#LI-BO1
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.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment. The job description includes the main duties of this position, which may evolve over time. You may be required to perform other duties not listed.
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
Salary Range: $90,500-$118,700
Hiring Process
Explore
Explore our open jobs by clicking 'search jobs' to find a position that aligns with your experience and skills. You may also consider joining our Talent Network.
Apply
Click the “apply” button on that job posting to complete and submit your application. Your application will be reviewed by a recruiter, which, due to the volume of applications received, may take some time as we carefully consider each application.
Screen
After your application has been reviewed, if you meet the qualifications for the role, a recruiter will reach out to you to start a conversation.
Interview
If you are invited for an interview, you will be scheduled to meet with the hiring manager and hiring team.
Offer
If you are extended an offer to join MassMutual and accept, your start will be contingent upon a satisfactory background check.
Hire
If you accept the offer, we will be so excited to welcome you to the MassMutual community!
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
By the numbers*
- 85% of employee respondents say they are proud to work at MassMutual
-
90
% of employee respondents say the work they do at MassMutual is meaningful - 85% of employee respondents say they feel encouraged to come up with new and better ways of doing things
*Source: 2025 MassMutual employee engagement survey
Award-Winning Culture
MassMutual is guided by a single purpose: We help people secure their future and protect the ones they love. As a company operated for the benefit of our members and participating policyowners, we are defined by mutuality and our vision to provide financial well-being for all Americans. 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.
We strive to build a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
How We Work
MassMutual’s flexible workplace approach combines the importance of connecting in person and the flexibility of working remotely. Our hybrid model puts collaboration first with employees coming in at least three days per week to our spectacular campus settings and also enjoying the flexibility of remote Fridays, company-wide remote weeks, and a bank of flexible remote weeks to use throughout the year.
Benefits for the whole you (and your loved ones)
There’s more to your life than your job and there’s more to your aspirations than a paycheck. We take a holistic view of compensation and benefits that provides the flexibility to create a healthy balance in your life for work, family, and community. We offer the benefits you’d expect, like medical, dental, 401(k), and generous vacation time, but we also offer ones you might not expect, like three paid days for volunteering, a $1,250 annual Well-Being Wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Benefit details can be found here.
Why MassMutual?
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