Quantitative Consultant

Posted Yesterday
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Springfield, MA, USA
Hybrid
103K-135K Annually
Mid level
Big Data • Fintech • Information Technology • Insurance • Financial Services
We help people secure their future and protect the ones they love.
The Role
Develop Python and Excel models for life insurance product calculations, validate system values, define requirements, support product launches and system conversions, analyze defects, and maintain data integrity. The role applies actuarial and statistical methods, improves workflows through automation, coordinates shared model development, and communicates technical findings and deliverables to cross-functional business, systems, operations, legal, compliance, and vendor partners.
Summary Generated by Built In
The Opportunity
MassMutual is seeking a Quantitative Consultant to join our Life Product Systems Implementation team as a modeler within the Product Implementation, Support and Process Integrity team. In this role you will collaborate with cross-functional teams to define product calculation requirements for new and existing life products and develop Python or Excel-based models to support and validate those requirements, ensuring accurate and reliable values for our MassMutual customers. You will also support testing life product rates and values during life product launches and system upgrades, maintaining data integrity and process continuity. In addition, you will support existing life products during administration system conversions between administrative systems, maintaining data integrity and process continuity. When needed, you will also provide defect analysis and resolution to address system or calculation issues efficiently.
The Team
Our team blends modeling, testing, life product expertise, actuarial knowledge, and strong communication and problem-solving skills. We prioritize critical thinking and process efficiency to stay focused on core responsibilities. By streamlining workflows and anticipating challenges we accelerate speed to market and resolve system issues quickly. Through effective system solutions and empathetic solution-oriented communication we enhance customer experience and ensure timely delivery.
The Impact
In this role, you will drive efficiency, collaboration, and innovation to improve speed to market and deliver exceptional customer outcomes. Key responsibilities include:
  • Own the development of models and requirements to ensure MassMutual customers receive accurate values from our systems and operational processes, including using models to validate system calculations, support requirement traceability, identify calculation discrepancies, and provide clear documentation for testing, implementation, and operational readiness.
  • Take accountability for deliverables, working collaboratively with team members to complete tasks accurately and on time while following established coding structures and standards for Python/Excel model development.
  • Plan and communicate effectively when multiple team members are working in the same python/excel model, ensuring coordination to avoid conflicts and maintain model integrity.
  • Communicate clearly with business partners, translating technical and non-technical information clearly and keeping stakeholders informed of status and deliverables.
  • Apply actuarial and statistical methods, leveraging tools and peers when needed to enhance everyday work.
  • Reduce costs through process improvements, automation, and strategic handoffs to business partners.
  • Navigate complexity and ambiguity. exploring multiple solutions while balancing the needs of the customer, actuarial functions, product, systems, operations, the field, legal, and compliance.

The Minimum Qualifications
  • Bachelor's degree with a quantitative focus (e.g., Finance, Economics, Mathematics, Statistics, Actuarial Science, Data/Business Analytics) or in lieu of a degree a HS diploma with 10 years of professional experience
  • 3+ years of experience working with data analysis
  • 3+ years modeling in Excel, including formulas (e.g., XLOOKUP, INDEX/MATCH, COUNTIF / SUMIF / COUNTIFS / SUMIFS), data validation.

The Ideal Qualifications
  • Life insurance expertise, ideally including MassMutual products and financial services experience.
  • Experience with life insurance administration platforms (e.g., tradVantage, adVantage, LifeComm, Product Engine, MPR, OPM, Haven Tech).
  • Strong technical skills in Python, SQL, Excel VBA, advanced Excel, and workflow automation.
  • Experience gathering requirements and supporting business testing for system conversions.
  • Strong analytical, problem-solving, decision-making, and presentation skills.
  • Advanced Microsoft Office proficiency, particularly Excel and Word.
  • Excellent communication and relationship-building skills across business, ETX, and vendor partners.
  • Ability to manage multiple priorities and thrive in a fast-paced, collaborative environment.

What You Can Expect at MassMutual
  • Clear areas of ownership and accountability, with work that connects directly to company and customer outcomes.
  • A collaborative environment where perspectives are welcomed.
  • Access to learning, development, and internal networks that support continuous growth and skill-building over time.
  • Employee-led communities and forums that foster connection, learning, and inclusion across the organization.
  • A culture grounded in integrity, responsibility, and stewardship, supported by a company with a strong legacy and a future-focused mindset

#LI-KM1
MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
California residents: For detailed information about your rights under the California Consumer Privacy Act (CCPA), please visit our California Consumer Privacy Act Disclosures page.
Salary Range: $102,500-$134,500

Skills Required

  • Bachelor's degree with a quantitative focus, such as Finance, Economics, Mathematics, Statistics, Actuarial Science, Data Analytics, or Business Analytics; alternatively, a high school diploma with 10 years of professional experience
  • At least 3 years of experience working with data analysis
  • At least 3 years of experience modeling in Excel, including formulas such as XLOOKUP, INDEX/MATCH, COUNTIF, SUMIF, COUNTIFS, and SUMIFS, plus data validation

What the Team is Saying

MassMutual Compensation & Benefits Highlights

How does MassMutual ensure its pay and bonus plans are competitive?

MassMutual supports competitive compensation through salary and bonus opportunities, retirement contributions, pay transparency practices and a broad benefits package that adds value beyond base pay. The company also uses long-running pay equity reviews and employee feedback to evaluate whether rewards are supporting employees across roles and life stages.

  • Competitive pay and bonus opportunities: MassMutual describes its total rewards approach as holistic and flexible, with competitive salaries and bonuses designed to support employees’ financial well-being. Employees also point to compensation as part of the value proposition, with one sales assistant citing “great benefits and lots of flexibility,” and another employee describing the company’s “good leadership and benefits.”
  • Retirement and financial benefits: MassMutual provides a 401(k) benefit of up to 10% of eligible compensation, including a 5% company match and a 5% annual company contribution. The company also treats eligible student loan payments like 401(k) contributions for matching purposes and begins monthly retirement healthcare account contributions for employees starting at age 45.
  • Pay transparency and pay equity: MassMutual posts salary ranges in most job postings and has used an independent HR risk management firm to conduct annual adjusted pay gap reviews for 17 years. That approach connects compensation competitiveness with equity and accountability across the employee experience.
  • Benefits as part of total rewards: MassMutual’s compensation includes health, dental and mental health benefits, caregiver leave, parental leave, bereavement leave, paid volunteer time, flexible holidays and a Well-Being Wallet of up to $1,250 annually. A head of human resources said, “It’s not about industry standards — it’s about supporting all employees’ well-being in ways that are meaningful to them.”
  • External signals:
    • Benefits value: Employees on external review sites regularly highlight benefits as a strength, with reviews calling out “excellent benefits,” “great benefits” and a “great benefits package.” (Glassdoor; Indeed)
    • Compensation and retention: Employees surveyed on external review sites rate MassMutual’s perks and benefits an A-, with 100% saying perks and benefits play a role in staying at the company. (Comparably)
    • Financial stability: MassMutual reported more than $10 billion in insurance and annuity benefits paid in 2025 and total adjusted capital above $34 billion, reinforcing the company’s long-term financial foundation. (MassMutual 2025 Annual Report)

Bottom line: MassMutual supports competitive pay through salary and bonus opportunities, strong retirement contributions, pay transparency, recurring pay equity reviews and benefits designed to support employees’ financial, physical, mental and family well-being.

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The Company
HQ: Springfield, MA
6,000 Employees
Year Founded: 1851

What We Do

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. Together, we’re stronger.

Why Work With Us

MassMutual has the financial security and stability of a 170+ year old company, with the culture and energy of a startup. We work every day with the customer front of mind to build the best digital experience in the industry.

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MassMutual Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We believe in capitalizing on the best of being together in our offices as well as personal flexibility. Our workplace philosophy puts office collaboration first, combined with flexibility to work remotely.

Typical time on-site: 3 days a week
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HQSpringfield, MA
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Boston, MA
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New York, NY
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