MassMutual Investment Operations Developer - ALM Asset Modeling, Portfolio Analytics in Boston, Massachusetts
As an Investment Operations Developer, you will be part of the investment team responsible for accurate and timely portfolio analytics for MassMutual’s general investment account. In this position you will play a key role in implementing our new investment data curation system (PALMS). You will gain an understanding of existing data curation needs through hands-on experience, help refine the vision for PALMS, and partner with IT professionals to implement that vision. This will involve defining clear requirements, validating the application, and ultimately using the application to perform regular data curation.
The ALM Asset Modeling team is charged with modeling MassMutual’s general investment account to execute the company’s asset and liability management strategy. In order to accomplish this, the team partners with portfolio managers, investment strategists, and actuaries to produce the essential analytics. Our team is in the middle of a multi-year effort to update our ALM platform to streamline procedures, improve model controls, and increase efficiency. Therefore, we are actively and collectively deciding how we will reshape our processes.
Curate investment holdings data in current APL based system to facilitate asset modeling
Become a subject matter expert for the investment data curation process
Collaborate with PALMS project team to define requirements for the new data curation system, troubleshoot questions that arise during development, and validate the application results
Produce annual asset cash flow projections utilized in cash flow testing
Generate reports on investment portfolio for senior leadership
Respond to ad-hoc requests from business partners for investment data and analysis
Train and develop junior team members
The Minimum Qualifications
5 years of relevant work experience specifically in asset modeling and familiar with large datasets of assets data
Bachelor’s degree or higher
Understanding of fixed income securities and interest rate derivatives
Programming experience in a language such as Python, VBA, or SQL
Able to prioritize multiple projects simultaneous
Clear and concise written and verbal communication skills
The Ideal Qualifications
Working knowledge of financial instruments used for life insurance company asset and liability management
Strong modeling and technical skillset
Comfortable working with large datasets
Programming expertise in Python, VBA, SQL, and APL
Intellectual curiosity to explore new technology and find alternative solutions
Experience working on a large IT project including writing systems requirements
What to Expect as Part of MassMutual and the Team
Regular meetings with the ALM Asset Modeling 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 nosiness with industry leading pay and benefits
We’ve been around since 1851. During our history, we’ve helped millions of people find financial freedom, offer financial protection, and plan for the future.
Today, we continue to develop meaningful relationships with our customers by building their trust, being knowledge problem solvers and always prioritizing their needs. MassMutual is guided by a single purpose: 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.
MassMutual was recognized as an Ethisphere 2019 World’s Most Ethical Company, a Top Place to Work in 2019 according to The Boston Globe and named among America’s Best Employers for Diversity according to Forbes 2020. MassMutual ranks No. 84 on the Fortune 500 list of largest companies.
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
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.
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