Financial Forecast Consultant

1 month ago

BOSTON, United States MassMutual Full time

Financial Forecast Consultant

Full-Time

Boston, MA or Springfield, MA

The Opportunity


As the Financial Forecast Consultant for MassMutual’s Life & Other Insurance products, you will work on a fast-paced, collaborative and exciting financial planning and analysis team.  You will drive the forecast for MassMutual’s Life and Other insurance financial segments as well as owning the “story” and analysis as the actual earnings emerge.  You are accountable for the quarterly GAAP and STAT financial forecasts (balance sheet, income statement and cashflows) for both the inforce segments and distribution channels.  This includes the forecasting for all the Life products as well as worksite LTC, disability and health products.  You will work to continuously refine the forecast process along with other members across the organization.  This role is highly visible across CFO and will drive change in our department and across the entire Finance organization.

The Team


The role is within MassMutual’s Financial Forecasting team in the Financial Planning and Pricing Strategy department.  The team drives analysis, insight and education into Mass Mutual’s financial results.  The team is a group of highly driven individuals with backgrounds in investments, accounting, actuarial, finance, etc.  It is a creative, change-driving area that works very closely to effectively communicate financial results and provide reliable forecasts throughout the organization.  These individuals are self-motivated, detailed and “hands-on”, while also sharing their analysis at a level that is understandable.  The team offers unlimited career growth as we adapt to the strategic visions that are aligned to continue MassMutual’s strong financial performance reputation.  We interact daily with the entire finance organization, in addition to partnering closely with senior leaders and business partners across the company. In advance of each forecast, this individual would work to ensure that (1) assumptions used in the financial forecast use the most relevant and up to date assumptions, (2) all assumptions and inputs are well documented with sufficient audit trail / support, and (3) users of the financial forecast understand and accept assumptions / results. 

Work with the Head of Financial Forecasting to:

  • Align the forecast assumptions with the most up to date trends and strategic initiatives.
  • Construct and communicate the main storylines of each forecast
  • Work closely with the Financial Communications and Performance Measurement team, other teams and team members to support the quarterly delivery of the business scorecards and review packages.
  • Maintain strong relationships with the actuarial, product development and model governance teams to ensure accuracy and continuity of the forecast
  • Effectively identify, utilize and present data in a way that facilitates evidence-based decision-making.  Work independently to analyze and recommend forecast assumption changes and model enhancements.
  • Analyze P&L, Balance Sheet and key metrics for the Life and Other Insurance segment
  • Provide analysis and reporting on Insurance, Asset Fee, and Investment margins and explain changes from prior quarter and forecast
  • Assist in identifying the main drivers of actual versus forecast variances
  • Analyze and drive all significant forecast metrics: AUM, flows, policy counts etc.  Develop new metrics to drive deeper analysis of earnings.
  • Drive data requirements, ensure accounting policies are reflected appropriately
  • Provide best in class internal and external customer support

The Minimum Qualifications

  • 5+ years of experience in a financial analysis role while demonstrating increasing levels of responsibility
  • High degree of financial acumen such as an understanding of accounting basis (ex GAAP, Statutory), forecasting concepts, tools and reporting.
  • Bachelor’s degree in accounting, actuarial science, economics, finance or related discipline
  • Familiarity with predictive forecasting techniques and scenario modeling
  • Able to travel between Boston, MA, and Springfield, MA as needed

The Ideal Qualifications

  • Deep knowledge of insurance pricing models, valuation and metrics such as AUM and cashflows
  • An understanding of various insurance products (ex. Whole Life, Term, Universal Life, Long Term Care and/or disability income).
  • Be aggressive in seeking knowledge and understanding in the way MassMutual and our products operate.
  • Strong analytical skills; ability to analyze financial data sets and tell the story of the data
  • Experience with tools such as SQL or Alation.
  • Proven ability to complete high quality work efficiently and increase autonomy over time
  • Able to build and maintain strong working relationships across cross-functional group
  • Excellent verbal and written communication skills with the ability to express ideas in an articulate, organized manner.
  • Able to work well under pressure and manage multiple deliverables

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the 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-ST1

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.

  • Financial Forecast Consultant

    1 month ago

    Boston, United States Undisclosed Full time

    p>Financial Forecast ConsultantFull-TimeBoston, MA or Springfield, MAThe OpportunityAs the Financial Forecast Consultant for MassMutual’s Life & Other Insurance products, you will work on a fast-paced, collaborative and exciting financial planning and analysis team.  You will drive the forecast for MassMutual’s Life and Other insurance financial...

  • Financial Forecast Consultant

    2 days ago

    Boston, MA, United States MassMutual Full time

    Financial Forecast ConsultantFull-TimeBoston, MA or Springfield, MAThe OpportunityAs the Financial Forecast Consultant for MassMutual’s Life & Other Insurance products, you will work on a fast-paced, collaborative and exciting financial planning and analysis team.  You will drive the forecast for MassMutual’s Life and Other insurance financial segments...

  • Project Portfolio Financials Consultant

    1 month ago

    BOSTON, United States MassMutual Full time

    Project Portfolio Financials ConsultantFull-TimeBoston, MA or Springfield, MAThe OpportunityThe newly announced CFPMO is seeking an experienced financial management professional to support the stand-up of the new organization and serve as a Project Portfolio Financial Consultant across MassMutual’s Corporate Functions. In this highly visible role, you will...

  • Business Planning and Forecasting Analyst

    1 month ago

    boston, United States BrickRed Systems Full time

    We are seeking a highly analytical and driven Business Planning and Forecasting Analyst to join our team. In this role, you will work closely with cross-functional teams to drive business insights, optimize performance, and support decision-making. You will lead business planning, forecasting, and digital marketing efforts for our NA Direct business, which...

  • Business Planning and Forecasting Analyst

    2 months ago

    Boston, United States BrickRed Systems Full time

    We are seeking a highly analytical and driven Business Planning and Forecasting Analyst to join our team. In this role, you will work closely with cross-functional teams to drive business insights, optimize performance, and support decision-making. You will lead business planning, forecasting, and digital marketing efforts for our NA Direct business, which...

  • Business Planning and Forecasting Analyst

    2 months ago

    boston, United States BrickRed Systems Full time

    We are seeking a highly analytical and driven Business Planning and Forecasting Analyst to join our team. In this role, you will work closely with cross-functional teams to drive business insights, optimize performance, and support decision-making. You will lead business planning, forecasting, and digital marketing efforts for our NA Direct business, which...

  • Financial Planning

    4 weeks ago

    Boston, United States CFA Institute Full time

    Financial Planning & Analysis Consultant - Treasury Full-Time Boston, MA, Springfield, MA, New York, NY or Cincinnati, OH The Opportunity As the Financial Planning & Analysis Consultant, you will work in a fast paced, innovative, and collaborative environment designing and implementing capital management initiatives with a focus on improving quality and...

  • Data Scientist

    4 days ago

    Boston, Massachusetts, United States Topsort Full time

    Transform Your Career with TopsortAt Topsort, we're on a mission to democratize auction-based technology and help marketplaces monetize faster and stress-free. As a Senior Data Scientist, you'll be at the forefront of our fast-growing team, working on cutting-edge projects that drive business growth.We're looking for a seasoned professional with expertise in...

  • Senior Financial Analyst

    1 month ago

    Boston, United States The Planet Group Full time

    **MUST LIVE IN EST OR CST TIMEZONE**Title: Senior Financial AnalystCompany info: High growth, acquisition oriented, but stable software company, $300 million+ (projecting to be $1 Billion in revenue in 5 years). Platform incorporates AI and innovative technology.Location: Massachusetts (Remote)Must Haves:Bachelor's degree and 4+ years of FP&A experience,...

  • Senior Financial Analyst

    1 month ago

    boston, United States The Planet Group Full time

    **MUST LIVE IN EST OR CST TIMEZONE**Title: Senior Financial AnalystCompany info: High growth, acquisition oriented, but stable software company, $300 million+ (projecting to be $1 Billion in revenue in 5 years). Platform incorporates AI and innovative technology.Location: Massachusetts (Remote)Must Haves:Bachelor's degree and 4+ years of FP&A experience,...

  • Senior Financial Analyst

    1 month ago

    boston, United States The Planet Group Full time

    **MUST LIVE IN EST OR CST TIMEZONE**Title: Senior Financial AnalystCompany info: High growth, acquisition oriented, but stable software company, $300 million+ (projecting to be $1 Billion in revenue in 5 years). Platform incorporates AI and innovative technology.Location: Massachusetts (Remote)Must Haves:Bachelor's degree and 4+ years of FP&A experience,...

  • Creative Financial Staffing | Property Accountant MA | boston, ma

    3 weeks ago

    boston, United States Creative Financial Staffing Full time

    Property AccountantAdvance Your Career in Real Estate Accounting! We're seeking a Property Accountant to join a reputable real estate firm located in downtown Boston. This hybrid role offers a great blend of in-office and remote work, perfect for an accounting professional who thrives in a dynamic and collaborative environment. Why This Opportunity Stands...

  • Creative Financial Staffing | Property Accountant MA | boston, ma

    2 weeks ago

    boston, United States Creative Financial Staffing Full time

    Property AccountantAdvance Your Career in Real Estate Accounting! We're seeking a Property Accountant to join a reputable real estate firm located in downtown Boston. This hybrid role offers a great blend of in-office and remote work, perfect for an accounting professional who thrives in a dynamic and collaborative environment. Why This Opportunity Stands...

  • Senior Business Consultant

    1 week ago

    Boston, Massachusetts, United States Advanced Micro Devices , Inc. Full time

    Key Responsibilities:We are seeking an experienced Senior Business Consultant to join our Program Management Office (PMO) team. As part of the PMO Team, you will be a key contributor to the smooth operation of the day-to-day activities, as well as ensuring that financial, staffing, and corporate objectives and initiatives are successfully tracked and...

  • High-Level Financial Analyst

    4 days ago

    Boston, Massachusetts, United States Raymond James Financial, Inc. Full time

    Job Overview:As a highly skilled and ambitious professional, you will play a pivotal role in the department's activities with a high level of responsibility as a member of a specific industry or product-focused team. Your key responsibilities will include participation in drafting sessions, new business proposals, due diligence meetings, developing company...

  • Financial Planning

    3 days ago

    Boston, MA, United States CFA Institute Full time

    Financial Planning & Analysis Consultant - Treasury Full-Time Boston, MA, Springfield, MA, New York, NY or Cincinnati, OH The Opportunity As the Financial Planning & Analysis Consultant, you will work in a fast paced, innovative, and collaborative environment designing and implementing capital management initiatives with a focus on improving quality...

  • Creative Financial Staffing | Small Cap SaaS Co seeks Controller MA | boston, ma

    3 weeks ago

    boston, United States Creative Financial Staffing Full time

    Creative Financial Staffing has partnered with a SaaS company to identify a Controller to join their growing team. This is a remote position. Why the Controller opportunity? The Company: Growing SaaS company with $25M in revenue transitioning from an entrepreneurial stage environment to a sophisticated financial organization. The Growth: Profitable...

  • Financial Planning Analyst

    3 months ago

    boston, United States Sports and Entertainment Company Full time

    We are seeking a driven FP&A Analyst to support key financial planning and analysis activities within our rapidly growing organization. This role is perfect for someone with 3-5 years of experience in finance or accounting who is eager to make an early impact. The ideal candidate should have a solid background in financial modeling, forecasting, and...

  • Financial Planning Analyst

    4 months ago

    Boston, United States Sports and Entertainment Company Full time

    We are seeking a driven FP&A Analyst to support key financial planning and analysis activities within our rapidly growing organization. This role is perfect for someone with 3-5 years of experience in finance or accounting who is eager to make an early impact. The ideal candidate should have a solid background in financial modeling, forecasting, and...

  • Senior Financial Analyst

    1 month ago

    Boston, MA, United States The Planet Group Full time

    **MUST LIVE IN EST OR CST TIMEZONE**Title: Senior Financial AnalystCompany info: High growth, acquisition oriented, but stable software company, $300 million+ (projecting to be $1 Billion in revenue in 5 years). Platform incorporates AI and innovative technology.Location: Massachusetts (Remote)Must Haves:Bachelor's degree and 4+ years of FP&A experience,...