Pension Risk Transfer Business Consultant job in Springfield
Springfield, Massachusetts - MA Massachusetts Mutual Life Insurance Company (MassMutual)
Job Ref: | R15718 |
Employer: | Massachusetts Mutual Life Insurance Company (MassMutual) |
Sector: |
Investment
Life Insurance Professional/Financial Services |
Qualifications: | Unclassified |
Software: |
Excel
SQL |
Job Type: | Full Time |
Salary and Benefits: | $88,300 - $115,900 per year |
Remote: | Yes |
Location | |
Country: | United States |
State/Province/County: | Massachusetts - MA |
City: | Springfield |
Post Code: | Not specified |
Map: | |
Description | |
The Opportunity The Pension Risk Transfer Business Consultant provides technical support for the Pension Risk Transfer operations teams. The Business Consultant supports the entire PRT operations lifecycle through a deep understanding of defined benefit pensions and related plan provisions, with the ability to properly interpret the plan provisions and apply to complex calculations and formulas. This consultant could support any aspect of the PRT lifecycle, including pricing, installation, data conversion, new business, in-force retirements, deaths, etc. The Business Consultant also provides troubleshooting and corrections, debugging existing programming, and adding new code for existing plan builds. Additionally, will support technology projects and collaborate with digital experience leads as a subject matter expert, helping to support Pension Risk Transfer digital and technology transformations. The Team The Pension Automation Team works to create automated calculations, utilizing contract/calculation knowledge. In doing so, translation of contract information is built into a provision guide, along with operations processing notes. Specifically, making sure to maintain the automated calculation engine which drive operations daily estimate/retirement processing calculations, through interest rate and factor updates as well. Additionally, the team subsequently releases contract/plan calculations tools on the PRT web portal for annuitant use. The Impact: As a the Pension Risk Transfer Business Consultant your responsibilities will include, but not limited to the following:
The Minimum Qualifications
The Ideal Qualifications
What to Expect as Part of MassMutual and the Team
#LI-BC1 Salary Range: $88,300.00-$115,900.00 At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. Why Join Us. We've been around since 1851. During our history, we've learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard. 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. 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. If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need. At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance. |
ref: (R15718) 14 days ago
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