The Opportunity

　　The Valuation Specialist is a team-oriented role responsible for coordinating with outside pricing vendors and fund companies to receive critical pricing data, pricing the Variable Separate Investment Accounts, sending all pricing related files downstream following critical validation, and benchmarking analysis. This role may also be asked to participate in projects, fill in for other Investment Operations roles and responsibilities as needed, and participate in system testing efforts.

　　Reporting to the Director of Fund Operations, the role requires effective collaboration, multi-tasking, attention to detail, and partnership with team members, fund companies, outside vendors, and internal IT departments & business areas to ensure that all pricing is done accurately, timely and received in good order.

　　The Team

　　The Valuation team is primarily responsible for the daily valuation of the investment products offered through our Variable Life and Variable Annuity business lines. The team is highly knowledgeable regarding the pricing of the separate account investments and is comprised of 3 team members, which includes one team leader and a peer. The team prices approximately 5,000 separate investment accounts daily and works with outside vendors and fund companies to receive mutual fund prices and distribution rates to complete the pricing process for the life and annuity separate investment accounts. The team is highly motivated with a strong sense of accuracy and providing prices in a timely manner, and are focused on continuously looking for opportunities to make recommendations for process improvements as appropriate.

　　Primary Responsibilities

　　Using a MassMutual proprietary system, import external NAV’s, accrual rates, special/ordinary dividend rates and capital gain rates.

　　Evaluate any pricing/dividend conflicts to ensure accuracy of data imported.

　　Analyze benchmark and other reporting tools to validate calculated prices and follow-up/resolve any discrepancies.

　　Maintain excellent documentation per procedures and as requested for exception processes.

　　Coordinate with IT and other departments to assist in resolving processing issues.

　　Participate in any regulatory requests for data and walk-throughs for internal and external audits as requested.

　　Build mutually beneficial relationships with Fund Companies to develop and maintain standards consistent with industry standards for the accuracy of the valuation process.

　　Under direction, provide support and routine UAT testing for projects as needed.

　　Research pricing issues and consult with others within the team for solution options and presentation to manager.

　　May participate in cross-training team members as appropriate.

　　The Minimum Qualifications

　　High School Diploma or equivalent

　　1+ year's operational work experience and/or reviewing items for accuracy

　　1+ year's customer service experience/working with internal or external customers

　　1+ year's experience with Microsoft Office

　　Must be able to work the following schedule: 12:30PM - 9:00PM (Monday-Friday)

　　Due to the nature of this position, as a part of our background check process, candidates must be able to pass a non-registered fingerprint background check to qualify as a fingerprinted person under FINRA

　　The Ideal Qualifications

　　Bachelor’s degree

　　2+ years’ experience in the financial services industry

　　1+ years' experience with manipulating / analyzing data sets

　　Excellent analytical skills

　　Proven attention to detail

　　Strong communication, both written and verbal

　　Active listening skills with an emphasis on customer service

　　Proven ability to follow general instructions and procedures

　　What to Expect as Part of MassMutual and the Team

　　Regular daily huddles with the MM Investments Production Team

　　Focused one-on-one meetings with your manager

　　Quarterly Investment Operations meetings

　　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-CR41

　　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.

　　Salary Range: $51,600.00-$65,000.00