Senior Quantitative Derivatives Portfolio Manager

MassMutual; Boston (MA); On-site; USD 150,000 - 200,000; Full time

Benefits offered by this job

Employee-led communities

Access to learning and development opportunities

Inclusive culture

Job summary

MassMutual in Boston is seeking a Senior Quantitative Portfolio Manager to lead derivatives strategies and manage the Variable Annuity dynamic hedging platform. The role involves significant accountability for hedge design and performance across market environments, ensuring alignment with risk management and financial outcomes.

The ideal candidate will have over 10 years in derivatives portfolio management, a strong quantitative background, and experience in communicating complex risk topics effectively. MassMutual fosters a collaborative, integrity-driven environment.

Qualifications

• 10+ years of experience in derivatives portfolio management, hedging, or financial risk management.
• Strong knowledge of interest rate and volatility derivatives.
• Experience managing financial risk within an insurance or asset management context.

Responsibilities

• Oversee performance and P&L of the Variable Annuity hedging program.
• Lead design and evolution of derivatives-based hedging strategies.
• Collaborate with portfolio managers on hedging operations.

Skills

Derivatives portfolio management

Risk management

Quantitative analysis

Communication and leadership

Python

SQL

Education

Bachelor’s degree in Finance, Mathematics, Economics, or related field

Job description

MassMutual in Boston is seeking a Senior Quantitative Portfolio Manager to lead derivatives strategies and manage the Variable Annuity dynamic hedging platform. The role involves significant accountability for hedge design and performance across market environments, ensuring alignment with risk management and financial outcomes.

The ideal candidate will have over 10 years in derivatives portfolio management, a strong quantitative background, and experience in communicating complex risk topics effectively. MassMutual fosters a collaborative, integrity-driven environment.