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Mutual Opportunities

Smiling Women

Investment Management Consultant

Springfield, Massachusetts; Boston, Massachusetts
Job Category Investment Management ID R16229
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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.

People working together
Roger Crandall
Roger CrandallCEO
“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

Investment Management Consultant

Full-Time

Springfield, MA or Boston, MA (Hybrid)

The Opportunity 

Investment Management (IM) is looking for a highly motivated and engaged Investment Consultant. They must be task-driven and detailed orientated while having clear and concise written and verbal communication skills with the ability to orchestrate multiple simultaneous initiatives which will require excellent communication, organization, time management, and problem-solving skills. Day-to-day tasks will be keeping accurate records of all incoming and current statements of work (SOW), procurement services agreements (PSA) for the Investment Management division with a heavy focus on end of year renewals. Other duties include new SOWs/PSAs, extensions, purchase orders, employee and contractor onboarding and offboarding, expenses, contract firm oversight while managing the associated budget. The incumbent is someone who enjoys working in a fast-paced environment, is comfortable taking on complex tasks and enjoys working in partnership with others both on our team and across the enterprise. This position is based in Springfield or Boston with a hybrid schedule.  

The Team 

The Strategy and Planning team is part of the Investment Management (IM) Strategy and Governance Organization. The Strategy and Governance team drives IM’s strategy forward, optimizing governance and decision-making processes, analyzes, and establishes common metrics, processes, and tools and supports key internal and external stakeholders in progressing the IM target operating model. The team is also responsible for coordinating the department’s strategic initiatives, Investment Compliance, Investment Due-Diligence and Investment Data Strategy and Governance.

The Impact

  • Regularly communicate with internal stakeholders including the line of business, legal, compliance and data security groups to assess risks specific to eachVendor contact/SOW
  • Support the negotiation process with Procurement and suppliers to produce contracts that adhere to MassMutual contracting standards and meet business objectives. You will be responsible for planning and executing negotiation strategy in a timely manner while adjusting to changing circumstances
  • Be an integral part of drafting and/or redlining contracts to ensure that MassMutual is adequately protected from risks by relying upon your skills to assess the impact of deviations from standards and engage internal stakeholders when required
  • Understanding the business drivers behind contracts/SOWS and developing an execution plan
  • Working closely with the Procurement team, and stakeholders as appropriate
  • Serve as division’s records retention specialist and act as the division’s Unit Information Coordinator, managing information storage across the division with the support of identified sub coordinators
  • Serve as backup personnel for invoice processing and purchase order setup in MassMutual’s vendor management system, Ariba
  • SharePoint development and maintenance for the Investment Management Portal
  • Support preparation of presentation materials to communicate the team’s overall progress to achieve its goals and escalate any risks, issues and/or decisions where appropriate
  • Support the onboarding and off-boarding activities of employees and contingent resources 
  • Assists with employee engagement, team building, event planning and other organizational functions as needed

Minimum Qualifications

  • Bachelor’s DegreeOR in lieu of a bachelor’s degree, we require 10+ years in equivalent professional experience
  • 5+ years of experience in the following areas: 
    • Contract evaluation, drafting and negotiation/redlining 
    • Managing supplier engagements and/or engaging with procurement-related functions 
    • Project coordination and/or advanced administration  

        The Ideal Qualifications

        • 4+ years of experience with IT and technology related contracts including Software as a Service (SaaS), hardware, software licensing, IT professional services, etc
        • Experience working with multiple procurement functions such as supplier and category management
        • Can-do, positive attitude and comfortable working with senior, executive and external stakeholders with acute attention to detail
        • Team Player/Relationship Building: Collaborative with strong interpersonal skills; able to relate to and build strong relationships with diverse internal and external audiences; leverages the ability to deliver effectively 
        • Innovation: Continually looks within and beyond their job, anticipating business needs and opportunities.
        • Expert knowledge and comfort working with advanced versions of Microsoft Office suite (Word, Excel, PowerPoint, etc.)
        • Working knowledge of Smartsheet 
        • Previous experience working in a financial services/insurance organization
        • Strong knowledge of Excel, Ariba, Concur, SharePoint and other technology required to support the organization 
        • Strong Communication skills with the ability to communicate effectively using verbal and written methods to all levels of an organization 
        • High level of attention to detail and time management, with a strong understanding of the importance of being responsive and proactive in a deadline-driven environment 
        • Collaborative approach, demonstrates openness, and provides assistance as urgent situations or ad-hoc needs arise 

        What to Expect as Part of MassMutual and the Team

        • Regular meetings with Strategy and Planning team
        • Focused one-on-one meetings with your manager
        • Access to mentorship opportunities
        • Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, 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-SC1

        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.
        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: $97,600.00-$128,100.00
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        Hiring Process

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        Screen

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        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*

        • 88% of employee respondents say they are proud to work at MassMutual
        • 90
          %
          of employee respondents say they feel encouraged to bring forth new ideas
        • 86% of employee respondents say MassMutual cares about and supports the well-being of their employees

        *Source: 2024 MassMutual employee engagement survey

        Award-Winning Culture

        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.

        How We Work

        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.

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        Paid Time Off

        • In addition to generous vacation time, paid holidays, and flexible holidays, MassMutual offers 'take care' time to care for yourself or someone you love—whether for physical illness or mental health.
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        Health & Well-Being

        In addition to top-line medical and dental coverage, personalized mental health solutions, on-site and virtual health coaching, and much more, MassMutual reimburses employees up to $1,250 per year for eligible expenses supporting mental, physical, and financial well-being.

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        Financial Well-Being

        In addition to competitive salaries and bonuses, educational assistance programs, and much more, MassMutual offers up to a 10% total 401(k) benefit, consisting of a 5% company match and a 5% annual contribution.

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        Taking Care

        MassMutual offers generous maternity and parental leaves, as well as bereavement leave to mourn the loss of a loved one (and the employee defines 'loved one'). In addition, we offer up to 320 hours of caregiver leave to help employees support loved ones in times of need.

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        Giving Back

        MassMutual offers three paid days for employees to volunteer with eligible nonprofits of their choice, and the MassMutual Foundation matches employee donation dollars to eligible nonprofit organizations up to $5,000 annually.

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        Commuter Benefits

        MassMutual offers a Qualified Commuter Program through which eligible employees can pay qualified workplace commuting expenses with before-tax dollars, as well as a commuter wallet option for employees based at Boston and NYC campuses.

        Why MassMutual?

        Kevin

        Compliance Consultant

        Seth

        Service Management Consultant

        Kymberly

        Head of Experience Journey Mapping

        where we work

        Springfield Office

        Springfield Office

        1295 State Street, Springfield, MA

        Boston Office

        Boston Office

        10 Fan Pier Blvd, Boston, MA

        New York Office

        New York Office

        2 Park Ave,
        New York, NY

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        Virtual

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