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Stable Value Senior Product Consultant

Since 1851, MassMutual's commitment has always been to help people protect their families, support their communities, and help one another. This is why we want to inspire people to Live Mutual. We're people helping people.
A career with us means you will work alongside exceptional people and be empowered to reach your professional and personal goals. Our employees are the foundation of what makes MassMutual a strong, stable and ethical business. We seek and value unique and varied perspectives and experiences because we believe we are stronger when all voices are heard. We invite you to bring your bright, innovative ideas to MassMutual as we continue to help millions of Americans rely on each other.
Together, we're stronger.
Description
POSITION SUMMARY
MassMutual is seeking a well-organized, highly motivated and detail oriented individual to join the Stable Value Investment Only (SVIO) team. This is an opportunity to join a growing business and be a contributing member of a group focused on servicing and retaining existing clients as well as growing the book of business with new clients. Under general supervision, the individual will work closely with immediate members of the team as well as other areas within the company to support the day-to-day activities required to maintain and grow the business. Some of the other functional areas the individual will work with includes Actuarial, Investment Management, Legal, IT, Compliance, etc. As a result, the ideal candidate will have the ability to build and maintain strong internal and external relationships with a variety of people in order to push various initiatives to completion. The position will be focused on supporting the overall activities of the business with the objective of providing world-class service to our contract holders and business partners.
As a group, we consistently strive to make practical suggestions and worthwhile improvements to existing processes and procedures. A successful individual will be able to create, modify, and document procedures and work with the team to solve moderately complex problems.
RESPONSIBILITIES
Support the day-to-day activities of the Stable Value Investment Only (SVIO) Team that is now growing and maintaining a $17B book of business representing approximately 125 contracts.
New plan implementation ? Coordinate implementation of new Investment Only (IO) arrangements that includes institutional clients with our stable value manager relationships and advisor sold cases that are administered on external recordkeeping platforms.
Relationship management ? Help manage internal/external business partner and customer relationships with the advisor sold stable value IO arrangements. The product consultant will field questions from advisors, record-keepers and internal parties regarding potential new clients and the existing book of business.
Support Investment Guideline monitoring process for the book of business. Process entails collecting portfolio files from external business partners and running them through a multi-step process in order to store portfolio information into a database. Database allows the business to monitor and report on portfolios where MassMutual provides certain guarantees to our clients.
Support and serve as back up to the Traditional GIC quoting and onboarding process.
Infrastructure and process ? Standardize procedures for the stable value investment only book of business to drive processing efficiency. Spearhead IO automation efforts to ensure the growing block of business can be efficiently administered.
Act as lead for various critical business processes. For example coordinate the gathering of required data from our business partners to manage and support the investment guideline monitoring process.
Serve as stable value subject matter expert in support of sales, relationship management, operations areas, and on special projects.
BASIC QUALIFICATIONS
Minimum of 5 years of financial industry experience
Ability to work well independently and within a team
Effective in Microsoft Office (Word, Excel, Access, PowerPoint)
Bachelor's Degree preferred in business, finance or related field
Must be eligible to work in the United States without sponsorship now or in the future
PREFERRED QUALIFICATIONS
Strong initiative, follow-through and project management skills
Ability to explain complex subjects in a simple, easy-to-understand manner
Initiative and the ability to balance multiple priorities simultaneously
Technical knowledge and expertise with stable value
Ranked No. 93 in the annual FORTUNE ? 500 Ranking (FORTUNE ? Magazine, June 2018) and recognized as a World's Most Ethical Company by Ethisphere, 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. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.
CORE VALUES
Focus on the Customer: We understand our customers well and look for every opportunity to deliver an experience that is clear, easy, personal, human, empowering and trustworthy.
Act with Integrity: We deliver on our promises by being open, honest and humble and by adhering to the letter and spirit of applicable laws, rules, regulations and company policies.
Value People: We respect and learn from each other's diverse backgrounds, experiences and ideas. We engage and develop people to their greatest potential.
Work Collaboratively: We work together to achieve results by actively listening, seeking, understanding and creating solutions as a unified team driving toward one company, one culture, one brand.
Achieve Results: We focus on winning by exceeding expectations and getting better ? everyone, every day.
For more information, visit www.massmutual.com or find us on Facebook, Twitter, LinkedIn, YouTube, Google+, Instagram and Pinterest.
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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