MassMutual · 2 months ago
Capital Planning Consultant
BOSTON, MA
Full-time
Onsite
Senior Level
7+ years expMassMutual is a company focused on maximizing policyowner value through innovative financial strategies. As a Capital Planning Consultant, you will drive regulatory capital, financing, and liquidity strategies, contributing to strategic capital allocation decisions and enhancing modeling tools for capital forecasts.
FinanceFinancial ServicesInsuranceLife InsuranceRetirement
Responsibilities
Contribute to analysis that will be used for strategic capital allocation decisions within Capital Committee meetings and other strategic discussions
Enhance modeling tools and reporting capabilities for capital forecasts and return on capital metrics
Collaborate across multiple teams including Financial Planning & Analysis, Corporate Actuarial, Enterprise Risk Management, Pricing and Investment Management to ensure consistency of assumptions and modeling methodologies
Proactively focus on self-development (e.g. research of capital markets, capital frameworks, product impacts, market developments, MassMutual businesses, value creation metrics, etc.)
Lead bi-annual Return on Capital analysis, including generating long term view of STAT earnings based on life cycle earnings expectations
Assist in producing quarterly statutory earnings power and regulatory capital projections and scenarios (both short and long-term range), including detailed analytics to support strategic decision making
Ensure that our models are maintained, well-documented and compliant with enterprise model governance policies
Ensure clear documentation of assumptions and methodology; facilitate peer review process
Gain a deep understanding of the unit economics of each product, both before and after reinsurance, to ensure appropriately modeled
Ensure key forecast driver assumptions and modeling methodologies are developed in collaboration with other Corporate Finance and Enterprise projections (e.g. Valuation, Financial Planning & Analysis, Pricing teams)
Leverage advanced analytics (in-force analysis, experience studies, external market data), scenario analysis and strong attribution analysis to explain forecast results
Review P&L assumption elements for assessing overall reasonableness of forecasts and ROC results
Use business acumen and communication skills to draft and contribute to commentary which enables readers to quickly understand key results, implications and drivers
Support long-term goal to transition capital projections to Anaplan rather than Excel for greater efficiency
Collaborate with Enterprise Risk Management to support future alignment of modelling and testing methodologies and assumptions between base and risk appetite scenarios
Qualification
Required
BS in accounting, finance, actuarial science or related field
7+ years of modeling experience in valuation, pricing, asset modeling, financial planning, and/or in financial risk management
Preferred
In-depth knowledge of Statutory accounting and Capital frameworks
Insurance product pricing and modeling experience
Critical thinking and problem solving
Experience collaborating across multiple teams
Detail-oriented with excellent oral and written communication skills
Organized, planful and continuous improvement mindset
Intellectual curiosity to continue learning and adding breadth and depth to understanding
Ability to seek guidance and learn new skills from peers
Benefits
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
Company
MassMutual
MassMutual is a mutual life insurance company that provides investment management and trust services.
5001-10000 employees
H1B Sponsorship
MassMutual has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (96)
2024 (94)
2023 (66)
2022 (115)
2021 (121)
2020 (73)
Funding
Current Stage
Late StageLeadership Team
Eddie Ahmed
Chairman, President & CEO
Roger W. Crandall
Chairman, President & CEO
Recent News
2026-01-18
2025-12-25
Company data provided by crunchbase