Mutual Opportunities
Strategic Performance Enhancement Associate, Corporate Development
Boston, Massachusetts
Thank you to our employees for voting us one of the top places to work in Massachusetts for seven consecutive years!
Overview
A career with us 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 enables MassMutual to deliver on our purpose to help people secure their futures and protect the ones they love.
We embrace the idea that we all are stronger and better through our support for one another. We strive to create a culture where employees feel valued and are celebrated for who they are.
“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
StrategicPerformanceEnhancement Associate, CorporateDevelopment
Key OperatingEntitiesTeam
Full-Time
Boston, MA
The Opportunity
We areseekinga highly motivated anddetail-orientedStrategicPerformanceEnhancement Associate to join our Strategic and Financial KOE(KeyOperatingEntities)Management team. The successful candidate willassistin managing andoptimizingour portfolio of Key Operating Entities (KOEs), ensuring alignment with our strategic goals and financialobjectives. The Associate will collaborate closely with the broader FP&A and CFO organization to strengthen analytics, governance, and insights that support decision‑making around large balance sheet investments.
The Team
TheStrategicPerformanceEnhancement Associate is a member of the KOE organization (direct report of Head of Key Operating Entities with dotted line to KOE Portfolio Management Lead and KOE FP&A Lead) which is a dynamic team of individuals with diverse backgrounds that are focused on:
Maximize KOE values, both individuallyorcollectively as a portfolio
Establishing a rigorous framework tomonitorand drive performance on existing KOEs
Strengthen existing enterprise-wide business relationships and push foradditionalsynergistic partnerships
Source new investment opportunities to expand KOE portfolio and/or replace underperforming entities
Maximize value for MassMutual as a shareholder and ensure alignments of key interest
The Impact
Performance Enhancement & Portfolio Insights
Analyze performance drivers across KOEs toidentifytrends, risks, andvalue‑creation opportunities.
Supportquarterly business reviewsanddeep‑dive assessments with robust analytics and performance storytelling.
Partner with KOE leads togenerateinsights and recommendations for senior leadership.
Fair Value Measurement & Methodology Development
Build, refine, andmaintainfair value frameworks applicable to KOEs and other strategic balance sheet investments.
Establish consistent valuation criteria across different asset types and business models.
Coordinate with Finance, Investments, and KOE management teams to ensure transparent and high‑quality data inputs.
Performance Measurement & Share Price Management
Facilitate performance measurementofworkstreams tied to valuation tracking, KPIs, and enterprise scorecards.
Partner with FP&A and Corporate Finance to integrate KOE metrics into enterprise forecasting and planning.
Develop dashboards and management reporting for performance monitoring and governance.
Cross‑Functional Collaboration
Work closely with the broader CFO organization, FP&A, Strategy, Corporate Development, and KOE management teams.
Support governance processes and portfolio evaluation routines as KOE coverage expands.
Contribute to continuous improvement of performance analytics, tools, and reporting frameworks.
Responsibilities
Support leadership and other key customers by performing rigorous analysis and effectively communicating key takeaways and recommendations
Define an investment thesis based on the MassMutual’s competitive situation, strengths, opportunities, and risks
Determinethe value creation potential of the portfolio from both marketperspective, value perspective, and ownership perspective
Defining portfolio roles for each individual investment and translate portfolio roles into capital allocation and management decisions
Produce and publish bi-annual KOE portfolio reports, including detailed analytics to support strategic decision making
Regularly present results to MassMutual’s Board, CFO, QMR and other internal forums
Engage and influence senior stakeholders to steer a strategic agenda
Develop strong, collaborative working relationships with business partners across teams and levels
The Minimum Qualifications
Bachelor’s degree
2.5+years of experience in investment banking,private equity,managementconsulting,portfolio management, financial analysis, or a related role.
The Ideal Qualifications
Investment Banking/ Consulting/ Private Equity experience
Strong multi-tasking skills and ability to adapt to change
Ability to proactively take ownership of projects and drive them through to completion
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Proficiencyin Microsoft Office Suite, particularly Excel and PowerPoint.
Ability to work independently and as part of a team.
Detail-oriented with strong organizational skills.
Ability to navigate ambiguity, take initiative, and prioritize in a fast-paced, dynamic environment; balance the needs of multiple stakeholder groups
Proactive and resourceful self-starter who takes initiative and ownership
Ability to learn new topics and skills with a combination of intellectual curiosity, desire for professional growth, and receptiveness to feedback
What to Expect as Part of MassMutual and the Team
Regular meetings with theKey Operating Entities 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 foundation, offering industry-leading pay and benefits.
#LI-FT1
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: $110,400-$144,900
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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