The Opportunity

Join MassMutual’s LTC Inforce Management Team and help drive the success of our stand-alone and hybrid Long-Term Care products. As a Quantitative Consultant, you’ll work in a fast-paced, collaborative environment, partnering across the organization to support key initiatives including inforce repricing, annual rate certifications, illustration testing, dividend analysis, and wellness programs. This is an exciting opportunity to apply your analytical expertise, influence business decisions, and make a meaningful impact on a highly visible business.

The Team

The LTC Inforce Management Team is responsible for inforce management for our stand-alone LTC and hybrid products.  This team consists of both actuaries and non-actuaries that work collaboratively with many areas throughout the organization.  Team members are expected to work collaboratively with both internal and external partners, form an opinion, advocate for our policyowners and the company, and drive action. 

The Impact:

This role includes, but is not limited to, supporting annual rate certifications, dividend analysis, illustration regulation testing, and inforce rate increases by:

• Becoming an LTC subject matter expert regarding the product design, data, and how data is used across the organization
• Collaborating within cross-functional teams that can include but is not limited to valuation, pricing, claims, operations, reinsurance, legal, compliance, and external partners
• Developing and maintaining clear step-by-step documentation of modeling policies, procedures, calculations, and assumptions that meet all statutory and ASOP requirements
• Driving continuous improvement and automation efforts by keeping innovation at the forefront, improving processes and practices, advocating for change and optimal value across the organization, asking questions and challenging the status quo, and taking ownership and personal responsibility
• Supporting other team initiatives as needed

The Minimum Qualifications

• Bachelor’s degree with a quantitative focus (e.g., Finance, Economics, Mathematics, Statistics, Actuarial Science, Data/Business Analytics)
• 3+ years of experience in an insurance field (LTC, DI, life, health, etc.)
• 2+ years of data analysis experience
• 2+ years Proficiency in Microsoft Excel and Microsoft Office Suite, including working knowledge (e.g., pivot tables, ability to work with existing macros)

The Ideal Qualifications

• Previous LTC experience
• VBA experience
• Power BI experience
• Financial modeling capability
• Actuarial certification or exams a plus, but not required
• Strong communication skills, written and verbal
• Ability to build and maintain strong working relationships with cross-functional groups
• Strong analytic and problem-solving skills
• Ability to manage priorities and adapt quickly to achieve goals

What to Expect as Part of MassMutual and the Team

• Regular meetings with the LTC Inforce Management 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-KM1

Salary Range:

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. 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. At MassMutual, we Live Mutual.

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.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees.  Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.  For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.