Head of Capital Transaction Analysis

Head of Capital Transaction Analysis

Treasury and Capital Management

Full-Time

Boston, MA, New York, NY or Springfield, MA

The Opportunity

As the Head of Capital Transaction Analysis, you will work in a fast paced, innovative and collaborative environment ideating, analyzing and executing strategic transactions benefit ting the long-term financial strength and flexibility of Mass Mutual. This role will have the opportunity to work with the Head of Rating Agency Relations and Transaction Analysis on key finance initiatives:

• Apply understanding of life insurance/annuity products, risk management, and capital frameworks to drive strategic transaction analysis and recommendations

• Ideate and execute capital markets and balance sheet optimization transactions that improve Mass Mutual’s financial performance, balancing capital adequacy, liquidity, financial flexibility, and earnings strength

• Advise the executive team on key strategic initiatives and sales priorities, including impacts to statutory and economic capital, rating agency metrics, and long-term profitability

The Team

The Transaction Analysis Lead is a member of the Treasury organization which is a dynamic team of individuals with diverse backgrounds that are focused on:

• Maintaining a balance between high and sustainable returns for policyholders, and a strong financial strength position, while enabling Mass Mutual to take advantage of growth opportunities; all while maintaining within internal, regulatory and rating agency constraints

• Minimizing time spent on production and data manipulation activities by transforming our modeling, analytic, and reporting capabilities and implementing automation and technology where possible

Specifically, this role will lead the team charged with structuring and analyzing transactions and their impacts to Mass Mutual’s capital position. Focus will be on ideating and executing balance sheet management transactions, while consulting on M&A activity, reinsurance opportunities, and strategic investments. This role oversees a small team accountable for the detailed review and assessment of potential opportunities, often on highly confidential matters and regularly in partnership with Mass Mutual’s Corporate Development, Reinsurance Development, and Investment Management teams.

The Impact

This role will help drive strategic decisions around our use and consumption of scarce resources and solutions, as part of the Treasury organizations financial stewardship role, and deliver analysis to inform strategic decision-making:

• Identify and evaluate business and strategic opportunities, across financial, risk, and strategic views and with internal and external parties

• Lead transaction analysis considering rating agency, regulatory, and economic lenses, including M&A, capital markets, and reinsurance transactions

• Lead capital markets and balance sheet management transactions from ideation to execution

Management accountabilities:

• Accountable for all aspects of team leadership
- Fostering a high performance culture
- Recruiting, rewarding and retaining a new team
- Developing talent (e.g. cross-training, onboarding, providing feedback, etc.)

The

Minimum Qualifications

• BS in accounting, finance, business, actuarial science or a related field

• 10+ years of progressive experience in actuarial roles, including capital management, product pricing (retail and institutional insurance products), or enterprise risk management, etc.

• Strong multi-tasking skills and ability to adapt to change

• Ability to proactively take ownership of projects and drive them through to completion

• Ability to perform independent research, identify valuable transaction opportunities, and deliver analyses and recommendations to senior management

• Strong desire to “roll-up sleeves”

The Ideal Qualifications

• Experience in capital management, actuarial pricing, hedging and/or M&A/reinsurance transaction analysis

• Expertise in structuring transactions to balance rating agency, regulatory capital, tax, accounting, and economic considerations

• Knowledge of statutory, rating agency, and economic capital frameworks

• Knowledge of US GAAP and statutory accounting

•…