Mutual Opportunities
Quantitative Consultant
Springfield, Massachusetts; Boston, Massachusetts; New York, New York
Thank you to our employees for voting us one of the top places to work in Massachusetts for five consecutive years!
Overview
At MassMutual, actuaries play a key role in the company’s strategic decision-making. They support our expanding client base by developing innovative products, identifying new market opportunities, and driving initiatives that fuel business growth.
Our actuarial team draws intellectually curious individuals who want to work somewhere where they’re empowered to make change. At MassMutual you’ll find challenging and impactful work, a culture of recognition, and a supportive growth environment.
“At MassMutual, our actuarial community is driven by a shared commitment to excellence, innovation, and impact. We empower our actuaries to grow through meaningful work, collaborative teams, and a culture that values both technical rigor and human connection. Whether you're just starting out or advancing your career, you'll find opportunities here to shape the future of financial security while building a career that matters.”
Job Description
The Opportunity
MassMutual is seeking a Quantitative Consultant to join our Product Modeling team within the Annuity Product Department. In this role, you will collaborate with cross-functional teams to define product calculation requirements for new and existing products, and develop Excel-based models to support and validate those requirements, ensuring accurate and reliable values for our MassMutual customers. You will also support existing products during administration system conversions between administrative systems, maintaining data integrity and process continuity. Additionally, you will provide defect analysis and resolution to address system or calculation issues efficiently.
The Team
Our team blends advanced Excel modeling, annuity product expertise, actuarial knowledge, and strong communication and problem-solving skills. We prioritize critical thinking and process efficiency to stay focused on core responsibilities. By streamlining workflows and anticipating challenges we accelerate speed to market and resolve customer issues quickly. Through effective system solutions and empathetic solution-oriented communication we enhance customer experience and ensure timely delivery.
The Impact:
In this role, you will drive efficiency, collaboration, and innovation to improve speed to market and deliver exceptional customer outcomes. Key responsibilities include:
Own the development of models and requirements to ensure MassMutual customers receive accurate values from our systems and operational processes.
Take accountability for deliverables, working collaboratively with team members to complete tasks accurately and on time while following established coding structures and standards for Excel model development.
Plan and communicate effectively when multiple team members are working in the same excel model, ensuring coordination to avoid conflicts and maintain model integrity.
Communicate clearly with business partners, translating technical and non-technical information clearly and keeping stakeholders informed of status and deliverables.
Apply actuarial and statistical methods, leveraging tools and peers to when needed to enhance everyday work
Reduce costs through process improvements, automation, and strategic handoffs to business partners.
Navigate complexity and ambiguity. exploring multiple solutions while balancing the needs of the customer, actuarial functions, product, systems, operations, the field, legal, and compliance.
The Minimum Qualifications
BA or BS with a quantitative focus (e.g., Mathematics, Actuarial, Finance, Economics or related major)
5+ years of relevant work experience in insurance or financial services industry.
1+ years of Excel experience, including formulas (e.g., XLOOKUP), data validation.
The Ideal Qualifications
Completion of 1 or more actuarial exams
In-depth knowledge of MassMutual annuity products
Excel VBA
Experience writing SQL queries
Ability to optimize workflows for large data sets through advanced Excel techniques, macros or integration with other tools.
Experience supporting requirements and business testing for administrative system conversions.
Ability to take ownership of deliverables and collaborate effectively within a team environment.
General knowledge of annuity or related financial services industry products and practices.
Ability to work at both strategic and tactical levels, and switch between them as needed.
Strong business acumen, analytical, problem-solving, decision-making, and presentation skills.
What to Expect as Part of MassMutual and the Team
Regular meetings with the Product Modeling Team
Focused 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 content on Degreed and other informational platforms
Your ethics and integrity will be valued by a company with a strong and stable ethical nosiness with industry leading pay and benefits
#LI-ST1
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: $121,800-$159,800
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?
Kevin
Compliance Consultant
Seth
Service Management Consultant
Kymberly
Head of Experience Journey Mapping
where we work
Springfield Office
1295 State Street, Springfield, MA
Boston Office
10 Fan Pier Blvd, Boston, MA
New York Office
2 Park Ave,
New York, NY
Virtual
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