MassMutual · 18 hours ago
Quantitative Derivative Portfolio Manager
Boston, MA
Full-time
Onsite
Senior Level
7+ years expMassMutual is seeking a Quantitative Credit/Derivative Portfolio Manager to oversee credit hedging across the General Investment Account. The role involves daily portfolio management activities, evaluating tactical tradeoffs, and contributing to the research of alternative hedging strategies.
FinanceFinancial ServicesInsuranceLife InsuranceRetirement
Responsibilities
Responsible for daily portfolio management activities like execution of new hedges, roll of existing ones, and trade input as well as review of current risk, recent activity, attribution, profit and loss, and modeling of credit exposure in different portfolios
Identify market opportunities, analyze alternative hedging strategies, propose and implement frameworks for relative value positioning, and suggest transactions, to increase hedge effectiveness for portfolio management
Lead bespoke simulation, back-testing and/or other research projects
Collaborate with colleagues in other areas of MassMutual as needed – enterprise risk, corporate actuarial, finance and accounting, etc
Qualification
Required
7+ years of derivative market experience in at least one of the following: listed and OTC equity options, TRS, futures/forwards, CDX, interest rate swaps/swaptions, and cross-currency swaps
7+ years of market expertise in fixed income portfolio management, with exposure to structured & private credit
Bachelors in Math, Financial Engineering, Computer Science or related field
Preferred
10+ years of derivative market experience
Advanced quantitative degree (MFE, PhD)
Strong background/understanding of capital markets and financial instruments
Strong quantitative expertise: statistics, mathematics, and computer science (python / SQL required)
Ability to develop market views in Credit and Fixed-Income
Strong understanding of portfolio management and ALM
Deep knowledge of derivatives in all dimensions – risk, economics, tax, accounting
Strong understanding of portfolio management and ALM in a life insurance company
Strong communication skills and ability to convey technical topics to non-experts
Benefits
Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, 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