Corporate Transactions and Investments Lead

Corporate Transactions and Investments Lead

Treasury and Capital Management

Full-Time

Boston, MA, New York, NY or Springfield, MA

The Opportunity

As the Corporate Transactions and Investments Lead, you will work in a fast paced, innovative and collaborative environment ideating, analyzing and executing strategic transactions benefitting the long-term financial strength and flexibility of MassMutual. This role will have the opportunity to work with the Head of Rating Agency Relations and Transaction Analysis on key finance initiatives:

• Review performance and allocation of MassMutual’s corporate investment account, including liquidity, investment allocation, and returns, against expectations and investment guidelines
• Review performance of seed capital investments of MassMutual, including return on capital and tracking against the expected timelines for returning seed funding
• Advise the executive team on key strategic investments and sales initiatives on the impact to MassMutual, including impacts to the CIA, statutory and economic capital, and long-term profitability
• Provide comprehensive analysis to executive team on M&A, reinsurance, and debt capital markets opportunities

The Team

The Corporate Transactions and Investments Lead is a member of the Treasury organization which is a dynamic team of individuals with diverse backgrounds that are focused on:

• Understanding actual and projected trends of regulatory capital, operating liquidity, financial flexibility and earnings levels so that they may develop strategies to improve financial performance to support maximizing value
• Being expert at various capital frameworks and serving as an advocate for the Company in various industry or internal groups
• Minimizing time spent on production and data manipulation activities by transforming our modeling, analytic, and reporting capabilities and implementing automation and technology where possible

The Impact

This role will help drive strategic decisions around the allocation and expected returns of MassMutual’s surplus investments, as part of the Treasury organization’s financial stewardship role, and deliver analysis to inform strategic decision-making:

• Responsible for refreshing, oversight and compliance of MassMutual Corporate Investment Account (CIA) investment guidelines, including regular reporting, policy compliance testing, projections, recommending risk mitigation strategies working with Investment Management and Enterprise Risk Management
• Provide valuable insights to corporate development, reinsurance development, and business partners on use of our surplus assets
• Collaborate with financial planning and analysis colleagues to project and analyze CIA balance sheet and income statement
• Establish, enhance and maintain internal controls and consistently improve upon a strong control environment

The Minimum Qualifications

• BS in accounting, finance, business, actuarial science or a related field
• 10+ years of progressive experience in finance, investment, or actuarial roles, including capital management, product pricing (retail and institutional insurance products), or enterprise risk management, etc.
• Strong multi-tasking skills and ability to adapt to change
• Ability to proactively take ownership of projects and drive them through to completion
• Ability to perform independent research, collaborate with partners in investments and enterprise risk management, and deliver analyses and recommendations to senior management

The Ideal Qualifications

• FSA or career ASA
• Experience in capital management, actuarial pricing, hedging and/or M&A/reinsurance transaction analysis
• Experience balancing rating agency, regulatory capital, tax, accounting, and economic considerations
• Knowledge of US GAAP and statutory accounting
• Experience leading cross-functional projects with competing constraints through to success
• Experience working in a Finance transformational setting; driving change and managing competing priorities
• Detail-oriented with demonstrated oral and written communication skills

What to Expect as Part of MassMutual and the Team

• Regular meetings with the Treasury and other Financial Planning & Analysis teams
• Focused one-on-one meetings with your manager
• Access to mentorship and development opportunities
• Access to a collaborative network within the team with connected objectives
• 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