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MassMutual
Springfield
**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 provis
Job Source: MassMutualMassMutual
Springfield
**The Opportunity** We’re looking to hire a Data Management Consultant for the **Pension Risk Transfer (PRT)** New Business team. In this role, you’ll provide data analysis and recommendations of onboarding of new contracts with the result of installing accurate data to the recordkeeping system. You’ll play a critical role in helping to enhance the
Job Source: MassMutualMassMutual
Springfield, MA, United States
The Opportunity We’re looking to hire a Data Management Consultant for the Pension Risk Transfer New Business team. In this role, you’ll provide data analysis and recommendations of onboarding of new contracts with the result of installing accurate data to the recordkeeping system. You’ll play a critical role in helping to enhance the new business
Job Source: MassMutualMassMutual
Hadley, MA, United States
Bachelor’s degree in computer science, business analysis, or related field 5+ years of experience with business analysis, requirements elicitation and documentation, stakeholder relationship management, and scrum/agile project delivery Master’s degree in computer science or engineering IIBA or CBAP Certification Expertise in Excel, PowerPoint, Jira
Job Source: MassMutualMassMutual
Springfield, MA, United States
Business Analytics Consul tant Financial Planning & Analysis Team Full-Time Hybrid: Springfield, MA or Boston, MA The Opportunity The Finance Visual Analytics Team is seeking a motivated individual with strong technical and analytical skills to join the team as a Business Analytics Consultant. You will be responsible for creating new dig
Job Source: MassMutualMassMutual
Springfield, MA, United States
The Team The Workforce Management, Reporting & Analytics team, as a part of the larger operations organization, supports its business partners by providing insights through a combination of Data Visualization and Business Analytics. We are a nimble team of Professionals embedded in the organization, supporting real time needs and operational non-s
Job Source: MassMutualNorthampton Business Directory
Northampton, MA, United States
My Client, a market leading specialist UK based Environmental Consultancy, is searching for a Principal Civil Engineer to join their team based in Northampton. Candidates are required to have a MSc and BSc in a relevant discipline including Environmental Science, Environmental Management and Civil Engineering and have experience completing Flood Ri
Job Source: Northampton Business DirectoryBaystate Medical Center
Springfield, MA, United States
Baystate Health’s Clinical Risk Managers are an integral member of the healthcare team. As the Risk Manager , you will be responsible for identifying potential losses to the organization, both clinical and enterprise, developing and maintaining appropriate loss prevention policy and strategy. The primary function of the Clinical Risk Manager
Job Source: Baystate Medical CenterSpringfield, MA, United States
The Opportunity
The Pension Risk Transfer Business Consultant provides technical support for the Pension Risk Transfer administration team.The Business Consultant supports the new business process by programming the calculation system with plan-specific provisions and working with Data Analysts to ensure the quality of incoming participant/annuitant data.The Business Consultant supports on-going contract administration by troubleshooting and correcting setup errors, debugging existing script programming, and adding new code for existing contract builds. Additionally, collaboration with digital experience operations as a subject matter expert, helping to support Pension Risk Transfer innovation.
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:
Understand complex calculation concepts for plans with different benefit structures.
Identify data elements needed for benefit calculations.
Work with business partners to ensure annuitant data is complete and formatted correctly for use by the calculation system.
Apply calculation concepts to produce expected results for system testing.
Translate standard plan provisions into formula elements within the calculation system.
For non-standard provisions of varying levels of complexity, develop script programming required to produce expected results.
Identify and implement required changes to an existing contract setup when errors in the calculation are reported.
Debug existing script code when errors in the calculation are reported.
Test and document system output to ensure accuracy of benefit calculations.
Build and support benefit calculation worksheets utilized by business partners.
Analyze Bid Specifications and Requests for Proposals (RFPs) for New Business Sales.
Ability to manage and prioritize multiple daily tasks and projects successfully.
The Minimum Qualifications
3+ years of experience in Defined Benefit or Pension Risk Transfer calculations.
1+ year of experience with back-end use of calculation systems.
2+ years of experience working Microsoft Excel with the ability to use complex formulas and data management functions.
Bachelor's degree or HS diploma with 5+ years of experience in Defined Benefit or Pension Risk Transfer calculations.
The Ideal Qualifications
Bachelor's degree in mathematics or finance
Experience working with FIS OmniDBEN a plus.
Experience working with Vitech V3locity a plus.
Intermediate knowledge of programming in OmniScript.
Experience writing and understanding code language (e.g. python, JavaScript, java, c+/c++, SQL)
Knowledge of complex pension and actuarial concepts.
Operates from a mentality of end-to-end ownership.
Strong project management skills.
Ability to manage multiple urgent priorities.
Continuous Improvement mindset, with effective execution.
Excellent analytical and problem-solving skills.
Strong written and verbal communication skills – ability to explain technical concepts to clients or internal partners at a level appropriate for their background.
What to Expect as Part of MassMutual and the Team
Regular meetings with the Pension Automation Workflow Team
Focused one-on-one meetings with your manager
Access to mentorship opportunities
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
#LI-BC1
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.
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Pension Risk Transfer Business Consultant jobs in Springfield, MA, United States
ⓘ There was an unexpected error processing your request.
Please refresh the page and try again.
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You can always manage your preferences and update your interests to ensure you receive the most relevant opportunities.
Get ready to discover your next great opportunity.