Head of Quantitative Product Development
Boston, Massachusetts; Springfield, Massachusetts; New York, New York
Job ID: R16081
![](https://tbcdn.talentbrew.com/company/724/gst-v1_0/img/illustrations/ajd-overview-graphic-general.png)
Overview
A career with us means you’ll help our customers secure their future and protect the ones they love. It also means you’ll work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are at the foundation of what makes MassMutual a strong, stable, and ethical business.
Our culture embodies the idea that we all are stronger and better through our support for one another. By valuing people for who they are, how they think, and what they bring to the table, we’ve become a better, more innovative company.
We invite you to explore the possibilities.
What our employees say
![Roger Crandall](https://tbcdn.talentbrew.com/company/724/gst-v1_0/img/profiles/roger-crandall-profile.webp)
“Since our founding in 1851, mutuality has put our policyowners at the center of everything we do. At our core, we’re a company of people helping people in their time of need, and that spirit extends to the culture we’ve built at our company. Our employees support and rely on each other each day, collaborating to deliver the best solutions for our customers and help millions more secure their future and protect the ones they love.”
Job Description
The Opportunity
As Head of Quantitative Product Management, you will lead a matrixed team of resources in scoping, planning, gathering functional requirements, and strategizing on the development of new quantitative products and apps. You will collaborate with portfolio managers, quant R&D resources, and operations personnel to deliver capabilities that meet the needs of portfolio managers and other ALM stakeholders. You will also oversee the product lifecycle, from ideation to launch, and monitor the performance and feedback of existing products. As a member of Quant R&D’s leadership team, you will leverage your role to garner stakeholder buy-in and influence decisions that are critical to identifying and solving hurdles. In our highly collaborative and inclusive culture, you will encounter numerous opportunities to learn, develop, and apply new skills within a fast-paced and continuously evolving business environment.
The Team
As part of IM’s Quantitative Research and Development group, the “Quantitative Product Management” team focuses on initiatives that improve or create new capabilities and tools for portfolio management and Asset Liability Management stakeholders. In addition, the team also provides cross functional collaboration with the Corporate Actuarial and Business Analytics, Enterprise Risk Management, and the Corporate Project Management Office.
The Quantitative Research and Development (“QRD”) group and its constituent teams has general responsibilities for valuing assets, generating analytics, adopting emerging technologies, and conducting cashflow projections in support of operations across Investment Management, Enterprise Risk Management, Corporate Finance, and Corporate Actuarial and Business Analytics departments. MassMutual’s General Investment Account (GIA) includes a wide range of asset classes totaling more than $200bn. The coordinated and combined efforts of the Quantitative Credit and Advanced Analytics team in conjunction with various stakeholders across MassMutual ensures our ability to find new ways of adding value to the GIA and MassMutual’s policyholders.
The Impact:
The “Head of Quantitative Product Management” has accountability for performing the following:
- Working closely with senior leaders and stakeholders to gather, scope, prioritize, vision and queue analytics and product development initiatives.
- Defining and executing the product strategy and roadmap for the development of investment product applications and solutions including for monitoring cash assets, order management, asset allocation, pricing, and measuring asset performance.
- Leading, mentoring, and developing a team of investment resources in ensuring alignment with the overall product vision and goals.
- Conducting research, cost-benefit analysis, and customer feedback to identify and prioritize product opportunities and enhancements.
- Working closely with portfolio managers, quantitative engineers, and operations to develop and launch new products and solutions that meet the needs of various Investment Management stakeholders.
- Managing the product lifecycle, from ideation to launch, ensuring timely delivery, quality, and compliance.
- Monitoring and evaluating the performance and feedback of existing products and solutions, and recommend changes or improvements as needed.
- Communicating product updates, features, and benefits to internal and external stakeholders
- Collaborating and acting as a liaison with Corporate Actuarial and Business Analytics, Enterprise Risk Management, the Corporate Project Management Office and ETX.
The Minimum Qualifications
- Bachelor's degree in finance, economics, business, or related field. MBA or CFA preferred.
- 10+ years of experience in investment product management, development, or marketing, preferably in the asset management industry.
- Proven track record of leading and launching successful investment products and solutions across various asset classes, strategies, and vehicles.
- Strong knowledge of the investment landscape, customer segments, distribution channels, and regulatory environment.
- Excellent leadership, communication, and collaboration skills, with the ability to influence and motivate cross-functional teams and stakeholders.
- Strong analytical, problem-solving, and decision-making skills, with the ability to handle multiple projects and priorities in a fast-paced environment.
- Highly customer-focused, innovative, and results-oriented, with a passion for creating value for MassMutual's clients.
The Ideal Qualifications
- Comfort learning and applying new and emerging technologies.
- Experience using cloud-based technologies and Moody’s Analytics services.
- Strong ability to coach and develop existing talent.
- Strong understanding of application development lifecycle and principles.
- Proven ability to build relationships and work collaboratively in a team environment.
What to Expect as Part of MassMutual and the Team
- Routine meetings with senior and executive leadership
- Regular one-on-one meetings with your manager
- Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups
- Access to learning platforms and emerging technologies.
#LI-MC1
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.
State and federal laws and regulations, including the Violent Crime Control and Law Enforcement Act, limit employment of individuals with certain criminal backgrounds.
EEO Statement(Opens in new window)MassMutual will accept applications on an ongoing basis until such time as a candidate has been offered employment.
Salary Range: $148,300.00-$194,600.00
Hiring Process
-
Explore
To get started, 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 to receive information on jobs that may interest you and stay up-to-date with the latest MassMutual news.
-
Apply
To apply for a specific position, please 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. Coordinating calendars for interview schedules can take time, so your patience and flexibility is appreciated.
-
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!
Recruitment Fraud Awareness
Job recruiter fraud is a scam by impostors posing as recruiters or representatives of a company promoting fake job opportunities to job seekers.
MassMutual will never ask job candidates to pay any kind of fee, make cash or check advancements, cash checks or make an investment in any product or service or provide information such as credit card numbers or banking PIN numbers as part of our hiring process.
If you are contacted by anyone asking for information outlined above it is likely fraudulent. If you have any concerns about the veracity of a request, please contact us directly to verify its legitimacy.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
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 embrace diversity in every sense, focusing on building a thriving community where everyone is valued, included, and feels that they belong.
At MassMutual, we Live Mutual.
![A man and two women having a conversation while walking](https://tbcdn.talentbrew.com/company/724/gst-v1_0/img/ajd-culture-general.webp)
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 $1250 annual wellness wallet, and up to 320 hours of caregiver leave.
Explore some of our offerings below. Full benefits details can be found here.
- In addition to generous vacation time, paid holidays, and flexible holidays, MassMutual offers 'take care' time to take care of yourself or someone you love—whether for physical illness or mental health.
- Medical and dental insurance
- Life, disability short-term and long-term insurance
- Well-being wallet: $1,250 per year for a wide range of qualifying wellness expenses
- Well-being support: Mindfulness, nutrition, fitness
- Personalized mental health solutions
- Adoption and surrogacy reimbursement programs
- Competitive salary and bonuses
- 401(k): Up to 10% total benefit, consisting of a 5% company match and a 5% annual contribution
- Educational assistance program
- Childcare support
- Financial counseling
- Caregiver Leave (up to 320 hours)
- Maternity Leave (a total of 18 weeks, 10 maternity + 8 parental)
- Parental Leave (8 weeks for all parents, birth or adoption, continuous or intermittent)
- Bereavement Leave: Up to 15 days to mourn the loss of a loved one, and you define 'loved one'
- Matching Gift: 100% match on employees’ charitable contributions to non-profits up to $5,000
- Volunteering: Three paid days for employees to volunteer with eligible nonprofits of their choice
- Matching time: MassMutual Foundation awards dollars to organizations for which employees volunteer
- Qualified Commuter Program through which eligible employees can pay qualified workplace commuting expenses with before-tax dollars
- Commuter wallet option for employees based at Boston and NYC campuses
Why MassMutual?
Compliance Consultant
Service Management Consultant
Head of Experience Journey Mapping
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.
![Woman leaning against a wall and posing](http://tbcdn.talentbrew.com/company/724/gst-v1_0/img/how-we-work-general.webp)
Where we work
![](https://tbcdn.talentbrew.com/company/724/gst-v1_0/img/illustrations/springfield-office-icon.png)
Springfield Office
1295 State Street,
Springfield, MA
![](https://tbcdn.talentbrew.com/company/724/gst-v1_0/img/illustrations/boston-office.png)
Boston Office
10 Fan Pier Blvd,
Boston, MA
![](https://tbcdn.talentbrew.com/company/724/gst-v1_0/img/illustrations/new-york-office.png)
New York Office
2 Park Ave,
New York, NY
![](https://tbcdn.talentbrew.com/company/724/gst-v1_0/img/illustrations/virtual-office.png)
Virtual
New Job Openings
-
Director of Operational Reporting, Measurement and Analytics New York, New York
-
Quantitative Investment Analyst Boston, Massachusetts
-
Head of Investment Data Strategy and Governance Springfield, Massachusetts
-
Head of Commercial Mortgage - Alternative Investments Boston, Massachusetts
-
Associate Quantitative Derivative Portfolio Manager Boston, Massachusetts
-
Investment Management Consultant Springfield, Massachusetts
Interested in pursuing a career as a financial professional? Learn how you can build your business and help people secure their future and protect the ones they love.