Institutional Insurance Investment Product Analyst

Massachusetts Mutual Life Insurance; Springfield (MA); On-site; USD 90,000 - 125,000; Full time

Job summary

Massachusetts Mutual Life Insurance seeks an Institutional Insurance Investment Product Analyst to combine investment product expertise with quantitative analysis. You will own recurring reporting, monitor accounts, investigate discrepancies, and translate data into clear insights for internal teams and clients.

The role emphasizes controls, process improvement, and cross-functional collaboration. The team supports BOLI, COLI, ICOLI solutions and related separate accounts, focusing on accuracy,

Qualifications

• Bachelor's degree required.
• 5+ years in investment products or related field.
• 5+ years producing or interpreting quantitative financial or operational reporting.
• 5+ years using Excel or similar tools for data reconciliation and analysis.

Responsibilities

• Own recurring investment, liquidity, experience-rating, and claims reporting.
• Monitor accounts and resolve discrepancies with custodians and fund administrators.
• Translate complex data into actionable insights for internal partners and clients.
• Strengthen controls and improve processes across investment operations and reporting.
• Support system enhancements and cross-functional initiatives to improve efficiency and compliance.

Skills

Communication

Analytical thinking

Attention to detail

Time management

Education

Bachelor's degree

Tools

Excel

Bloomberg

Morningstar

Mercer Analytics

State Street PayHub

Data visualization

Job description

The Opportunity

As an Institutional Insurance Investment Product Analyst, you will combine investment product expertise with quantitative analysis to support the performance, oversight, and ongoing administration of MassMutual's institutional insurance solutions. You will own recurring investment, liquidity, experience-rating, and claims reporting; monitor account and fund activity; investigate discrepancies; and translate complex data into clear, actionable insights for internal partners, intermediaries, and clients. Working with a high degree of independence, you will also strengthen controls, improve processes, and help deliver reliable outcomes across BOLI, COLI, ICOLI, , Private Client Group and related separate account and insurance-dedicated investment offerings.

The Team

The Institutional Insurance team supports one of the industry's leading providers of BOLI, COLI, and ICOLI solutions. Our multidisciplinary team includes professionals across sales, client service, operations, strategy, product, finance, underwriting, compliance, actuarial, and investment functions. We partner closely with consultants, brokers, advisors, investment managers, custodians, and enterprise stakeholders to deliver innovative solutions that help financial institutions, corporations, and insurance company clients meet long-term financial objectives. The team is collaborative, analytical, client-focused, and committed to operational excellence and continuous improvement.

The Impact

Deliver investment and quantitative reporting: Produce and enhance recurring investment, liquidity, stable value, experience-rating, death claim, monthly claim, and in-force reports, validating data and explaining results to internal and client-facing stakeholders.

Monitor accounts and resolve discrepancies: Reconcile Institutional Insurance accounts held with custodians and fund administrators using State Street PayHub and other resources; partner with internal teams and external providers to investigate and resolve balance, cash-flow, trade, and data issues.

Support investment product administration: Coordinate fund subscriptions, transfers, redemptions, and large-trade monitoring; maintain current product forms, reference guides, investment documentation, and related procedures to support accurate and timely execution.

Provide analytical insight and oversight: Perform trend, variance, and risk analysis across investment and insurance data; support stable value and experience-rated program oversight, enterprise risk inventory assessments, and ad hoc analyses that inform decisions and identify emerging issues.

Serve as an investment product resource: Respond to questions from internal staff, wholesalers, agents, intermediaries, and clients regarding Institutional Insurance funds, reports, and processes; coordinate access to quarterly performance calls and distribute current fund materials.

Improve processes, controls, and systems: Develop and maintain procedure documentation, strengthen data quality and operational controls, automate or streamline recurring work where practical, and participate in cross-functional initiatives that improve efficiency, quality, compliance, and client experience. Support system enhancements and defect resolution using contract, historical, and legal resources to balance costs and benefits.

The Minimum Qualifications

• Bachelor's degree.
• 5+ years of experience in investment products, financial services, life insurance, institutional insurance, actuarial support, accounting, investment operations, or a related field.
• 5+ years of experience producing or interpreting quantitative financial, investment, actuarial, risk, or operational reporting.
• 5+ years of experience using Excel or comparable analytical tools to reconcile data, perform analysis, and communicate findings.

The Ideal Qualifications

• Experience supporting BOLI, COLI, ICOLI, private placement life insurance, separate accounts, insurance-dedicated funds, stable value, or experience-rated insurance products.
• Knowledge of investment operations, including subscriptions, redemptions, transfers, cash and position reconciliation, fund administration, custody, and investment performance reporting.
• Experience working with custodians, fund administrators, investment managers, brokers, consultants, or other third-party providers.
• Proficiency with Excel and experience with Bloomberg, Morningstar, Mercer Analytics, State Street PayHub, data visualization, database, or programming tools. And willingness to learn other data analysis tools as they become available.
• Demonstrated ability to validate large or complex data sets, identify trends and anomalies, document assumptions, and translate analysis into clear business recommendations.
• Strong judgment, attention to detail, and organizational skills, with the ability to manage recurring deliverables and competing priorities.
• Strong written and verbal communication skills, including the ability to explain investment and quantit