Liquidity Modeling & Analysis Consultant
Liquidity Management | Treasury | Finance
Full-Time
Boston, MA, Springfield, MA, or New York, NY
The Opportunity
As a Liquidity Modeling & Analysis Consultant, you will work in a fast-paced, innovative and collaborative environment focused on providing the company with detailed analytics on liquidity positioning, identifying liquidity risks, and creating playbooks to mitigate them. This individual contributor role will report directly to the Head of Liquidity Modeling & Analysis within MassMutual’s Treasury organization and will have the opportunity to:
- Improve our modeling capabilities from static snapshots to build a dynamic, forward looking forecasting engine capable of navigating the unique complexities of life insurance cash flows
- Participate in the design of contingent liquidity planning frameworks to codify our response to liquidity stress
- Collaborate across multiple teams including Investment Management, Actuarial, Enterprise Risk Management, Financial Planning & Analysis, Controllership, and more
The Team
The Liquidity Modeling & Analysis Consultant is a member of the Liquidity Management Team within the Treasury organization, which is a dynamic team of individuals with diverse backgrounds that are focused on:
· Monitoring our daily cash and liquidity positioning, forecasting our cash flow needs, and maintaining our bank relationships to raise funding
· Designing models to forecast our liquidity risks and developing the funding options and execution strategies required to response to stress events
· Achieving a balance of maximizing value for our policyholders while continuing to operate within our liquidity constraints
· Serving as a strategic partner to our colleagues in Investment Management, Actuarial, and Enterprise Risk Management
The Impact
Your role within the Liquidity Modeling & Analysis team will contribute to key insights regularly delivered to our senior management on management of key liquidity risks. You will accomplish that through the responsibilities below:
Liquidity Modeling & Stress Testing
- Improve our liquidity stress testing production process, streamlining the data collection process and improving visibility of results
- Identify areas for automation in order to increase frequency of production
- Participate in efforts to review existing assumptions across products and legal entities
- Expand our stress testing scenario design, and enhance our modeling capabilities to allow for more dynamic scenario modeling
- Participate in broad finance transformational efforts and adapt our approaches to a changing environment
Contingency Funding Planning
- Conduct analysis to determine the appropriate sizing of contingency funding options and evaluate the benefit of additional contingency funding sources across legal entities
- Assist with development of contingency funding playbooks to better define thresholds and procedures during liquidity stress
External Views of Liquidity
- Evaluate and interpret our liquidity treatment and ratios against external views (Rating agencies, DFS, DOI, NAIC) and compile results to provide insights to senior leadership
- Reconcile internal liquidity stress testing analyses to external views of liquidity measurement
- Develop peer analysis to compare our liquidity positioning against our life insurance cohorts
The Minimum Qualifications
- Bachelor’s degree in Economics, Business, Finance, Applied Mathematics, or similar quantitative area of study
- 3+ Years of progressive experience in any of the following areas: Corporate Treasury, Financial Planning & Analysis (FP&A), Corporate Development / M&A, Management or Risk Consulting, Risk Management, or Quantitative Analysis
- Experience with financial modeling in Microsoft Excel
The Ideal Qualifications
- 5+ years of progressive experience in Corporate Treasury, FP&A, or Financial Modeling
- CFA/FRM or progress towards CFA or FRM
- Experience from banking or insurance industries
- Direct experience in liquidity stress testing concepts, including stress testing scenario design, assumption design and review, and contingency funding planning
- Experience with large, complex financial datasets and translating insights into actionable recommendations for business partners
- Demonstrated Technical and Data Visualization skillset (e.g., Power BI, Tableau, SQL, Alteryx)
- Understanding of investments and asset-liability management
- Understanding of insurance liabilities and familiarity with their associated liquidity risks
- Strong multi-tasking skills and ability to adapt to change
- Detail-oriented with demonstrated oral and written communication skills
- Intellectual curiosity to continue learning and adding breadth and depth to understanding
What to Expect as Part of MassMutual and the Team
- Regular meetings with the Liquidity Management and broader Treasury teams
- Focused one-on-one meetings with your manager
- 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
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MassMutual is an equal employment opportunity employer. We welcome all persons to apply.
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